Job Title: Paralegal (Real Estate Finance)
Job Responsibilities:
- Produces error-free and client-ready work, demonstrating the ability to write, transcribe, and proofread written material with high accuracy.
- Drafts and reviews loan documents, including loan agreements, promissory notes, mortgages, and related documents, ensuring compliance with legal standards and lender requirements.
- Conducts due diligence by examining title commitments and surveys to identify encumbrances, easements, or risks to the lender. Verifies the authority of entities through organizational documents and reviews zoning, environmental, insurance, and other relevant corporate and real-property documentation.
- Coordinates closings by organizing and managing necessary documentation, maintaining a closing checklist, and ensuring all parties meet their obligations.
- Manages post-closing activities by coordinating the recording of documents, following up on outstanding items, and maintaining accurate records for future reference.
- Communicates with clients, serving as a liaison between lenders, borrowers, and other stakeholders, providing updates, and helping resolve issues as they arise.
- Conducts research and analysis on real estate finance laws and commercial lending practices to support attorneys and clients.
Education and Experience Information:
- Requires 3+ years of real estate or commercial lending transaction closing experience.
- Requires 2+ years of experience as a paralegal or in a related role, such as a bank closer.
- A degree in paralegal studies, a bachelor’s degree, or alternatively 5+ years of demonstrative commensurate experience working as a lending/closing assistant with a large commercial lender, title insurance company, or similar role.
Knowledge / Skills / Abilities:
- Client-centric spirit embracing diversity, equity, and inclusion.
- Strong work ethic with the drive to take initiative and think proactively.
- Effective verbal and written communication skills.
- Advanced organizational skills and strong attention to detail.
- Proven ability to manage multiple projects simultaneously.
- Proficiency in MS Word, Outlook, and file sharing software (Sharefile or iManage preferred).
Salary Information:
- The position is paid on an hourly basis.
- A full benefits package is offered, including medical, vision, and dental insurance, 401(k) with employer match, life insurance, firm-paid short and long-term disability, parental leave, an HSA with employer contribution, flexible spending accounts, flexible work schedules, competitive paid time off, and more.
Other Requirements:
- Ability to work effectively in a team environment, collaborating with attorneys, clients, and stakeholders.
- Strong skills in managing client relationships, including providing regular updates, addressing concerns promptly, and participating in business development activities.
Disclaimer:
The job description is designed to indicate the general nature and level of work performed by incumbents within this role. It is not a comprehensive inventory of all duties, responsibilities, qualifications, and working conditions. Management reserves the right to add or modify duties and designate other functions as essential. This job description is not an employment agreement or contract.
Equal Opportunity Employer Statement:
The law firm is an Equal Opportunity Employer. All qualified applicants are welcome without regard to gender, gender identity or expression, sexual orientation, race, ethnicity, cultural identity, national origin, religion, age, veteran status, genetics, or disability. Women, minorities, LGBTQ+, veterans, and individuals with disabilities are encouraged to apply.
