Job Details

Legal Staff Paralegal in Jackson, MI

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Company name

Flagstar Bank

Organization Type


Job Type

Legal Staff

Practice Area

Finance - Banking

Years of Experience

2-3 yrs required


USA Jackson, MI

Date Last Verified

Mar 01,2018

Posted on

Jan 18,2018

27 hits


Warehouse Lending Documentation & Compliance Administrator The candidate will be Responsible for supporting the Documentation and Compliance Manager with drafting and reviewing legal documentation and ensuring correspondent banks are in compliance with approved credit actions. Work with Borrowers and Legal during contract negotiations. Ability to provide support of other functions of the administrative team such as the application process, insurance compliance, scanning and other administrative duties. Create warehouse lending contracts and other legal documents as required from initial draft through approval process. Compare and review warehouse lending documents to approved terms for accuracy and complete execution. Work with Borrowers and Legal on contract negotiations. Correspond with warehouse lending associates, companies and various internal Flagstar departments. Work with various reports and spreadsheets to track the process of contracts (changes, submission to customer, submission back to Flagstar from the customer, etc.). Type various correspondence, including letters and e-mails, for communication with customers and internal partners. Support other Administrative staff and Warehouse employees as volume varies. Ensures compliance with applicable federal, state and local laws and regulations. Completes all required compliance training. Maintains knowledge of and adhere to Flagstar’s internal compliance policies and procedures. Takes responsibility to keep up to date with changing regulations and policies.

Qualification and Experience

A High School Diploma, GED, or Foreign Equivalent required. Bachelor's Degree preferred. Paralegal or commercial loan contract negotiation experience preferred. Must have 2-3 years administrative support experience, which includes experience working as a paralegal or experience with commercial loan documentation or contract administration. Must have working knowledge of Microsoft Office Suite, specifically Microsoft Word & Excel. Knowledge of Lotus Notes, preferred. Should have proven customer service skills and the ability to resolve problems and prevent customer dissatisfaction. Knowledge of Commercial loan documentation or legal documentation is needed. Knowledge of the mortgage and banking industry, preferred.

Company info

Hiring Coordinator
Flagstar Bank
5151 Corporate Drive
Troy, MI 48098
Phone: 248-312-2000