Paralegal

Overview

A financial holding company with a broad portfolio of business and financial solutions serving small- and medium-sized businesses across the United States is seeking a Paralegal to join their team. The organization provides services including banking, business lending, electronic payment processing, technology solutions, eCommerce, financing, insurance, web services, and payroll and benefits solutions.

Responsibilities

• Support Closing Attorneys with end-to-end file management for loan closings.
• Pull, review, and validate reports necessary for effective pipeline management.
• Coordinate ordering of title searches and related documents; follow up with vendors to ensure timely delivery.
• Prepare and compile loan documentation in compliance with internal and SBA requirements.
• Assist in preparation, review, and assembly of loan documents according to credit approvals, SBA SOP guidelines, and internal policies, ensuring all closing conditions are met.
• Develop proficiency across various loan types, including SBA and conventional products, understanding collateral structures, guarantor requirements, and documentation nuances.
• Coordinate and schedule loan closings requiring notary involvement, working with notaries and internal teams to ensure timely execution.
• Facilitate recording of loan documents such as mortgages and assignment of rents/leases, ensuring proper submission, tracking, and confirmation in compliance with jurisdictional requirements.

Requirements

• Minimum of 2 years' experience in commercial loan closings, with extensive familiarity with SBA loan documentation.
• Familiarity with commercial loan closing documentation.
• Highly proficient with file management and PDF software, as well as Microsoft Office suite.
• Strong organizational skills.
• Ability to follow instructions from senior legal staff and management, while showing initiative.
• Ability to work effectively in a fast-paced environment.

Preferred Qualifications

• Experience using Simplifile platform and Finastra LaserPro.
• Bachelor's degree.
• Paralegal certificate.

Compensation & Benefits

• Salary range: $60,000 to $75,000 per year.

Location

• Not specified.