Creditors Rights Paralegal

Builders Capital  ยท  via Tech Sales Jobs
๐ŸŒŽ Remote

Job Description:

  • Review title commitments, exceptions, plats, and surveys, coordinating with the Title Team and outside counsel to prepare lender title policies.
  • Collaborate with corporate counsel, closing teams, title teams, and loan officers on transactional legal issues.
  • Review borrower organizational documents to determine signature blocks and borrower consent requirements.
  • Coordinate with the production team to obtain additional organizational information.
  • Answer Servicing Team questions concerning partial releases, subordinate debt, easements, and related issues, and prepare documentation.
  • Research legal questions across multiple jurisdictions.
  • Train internal teams on real estate transactional legal issues.
  • Prepare documentation on legal processes for internal team use.
  • Assist with creating complex closing documents for larger loan originations when requested.
  • Manage and handle defaulted loan issues.
  • Assist the administration team with special projects and other assigned duties.

Requirements:

  • Bachelorโ€™s degree in Paralegal Studies, Legal Studies, Business, Real Estate, or a related field; paralegal certification preferred.
  • 5+ years of experience supporting real estate transactions, commercial lending, or a similar legal environment.
  • Experience with defaulted loans, loan workouts, or special assets is strongly preferred.
  • Strong understanding of real estate and lending documentation, including title commitments, title exceptions, surveys, plats, easements, releases, and organizational documents.
  • Experience reviewing borrower organizational documents and identifying signature, authorization, and consent requirements.
  • Ability to research and analyze legal issues across multiple jurisdictions.
  • Experience working with attorneys, title companies, lenders, loan officers, servicing teams, and other internal stakeholders.
  • Strong attention to detail with the ability to identify potential legal, documentation, and title issues.
  • Excellent organizational and communication skills, with the ability to manage multiple transactions and priorities simultaneously.
  • Ability to prepare, review, and maintain legal and transactional documentation accurately and efficiently.
  • Strong judgment, problem-solving skills, and the ability to work independently while collaborating effectively with cross-functional teams.

Benefits:

  • Innovative Environment: Join a forward-thinking company at the forefront of the construction finance industry with access to cutting-edge technology and resources.
  • Work Flexibility: Enjoy a flexible work environment where you can balance team leadership with your personal life.
  • National Impact: Be part of a nationwide operation thatโ€™s shaping the future of construction financing and making a difference for builders, developers, and homeowners across the U.S.
  • Health Insurance โ€“ Builders Capital Exchange pays 100% of your medical insurance premiums, offering PPO and HSA plans.
  • Competitive Compensation โ€“ Competitive wages that reward your expertise and hard work.
  • Paid Time Off โ€“ 3 weeks of paid time off each year.
  • Paid Holidays โ€“ 10 paid holidays throughout the year.