COMMERCIAL LOAN DOCUMENTATION MANAGER

Compensation

: $53,170.00 - $99,750.00 /year *

Employment Type

: Full-Time

Industry

: Legal



Are you a seasoned Commercial Loan Documentation Manager?

Looking for a bright paralegal experienced Manager with outstanding organizational skills to ensure that loans are serviced with utmost attention to detail and customer service.

Coordinate with outside counsel and title companies to complete various loan modifications, including but not limited to partial releases, extensions, payment modifications, obligor releases, mortgage modifications, etc.


• Prepare and/or order covenant waiver notifications and demand letters
• Work closely with internal Servicing department to ensure legal paperwork associated with liquidated loans are timely and properly documented
• Have firm understanding of requirements and best practices for all legal documentation associated with commercial real estate loan closings
• Review legal documentation associated with commercial real estate loan closings prepared by and along with legal counsel
• Provide internal Servicing department with timely and accurate information utilized in loan data reporting to institution's key counterparties and stakeholders
• Provide additional assistance to internal Servicing department as needed
• Other tasks as assigned

REQUIRED QUALIFICATIONS


• Associate degree, or equivalent work experience
• Paralegal experience; required
• Prior experience in a commercial lending or title insurance environment

CORE COMPETENCIES
• Self-starter with ability to meet tight deadlines
• Capable of working in a fast-paced, team environment
• Excellent written and oral communication skills
• Ability to communicate effectively with attorneys and legal staff with ability to negotiate on behalf of the institution
• Customer service oriente



Job Requirements:

• Prepare and/or order covenant waiver notifications and demand letters
• Work closely with internal Servicing department to ensure legal paperwork associated with liquidated loans are timely and properly documented
• Have firm understanding of requirements and best practices for all legal documentation associated with commercial real estate loan closings
• Review legal documentation associated with commercial real estate loan closings prepared by and along with legal counsel
• Provide internal Servicing department with timely and accurate information utilized in loan data reporting to institution's key counter-parties and stakeholders
• Provide additional assistance to internal Servicing department as needed
• Other tasks as assigned

* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.

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