Creditors Rights Paralegal

This is a fully remote position, open to applicants in United States.

📋 Description

• Evaluate title commitments, exceptions, plats, and surveys while collaborating with the Title Team and outside legal counsel to create lender title policies.

• Work alongside corporate counsel, closing teams, title teams, and loan officers on various transactional legal matters.

• Analyze borrower organizational documents to identify signature blocks and the necessary borrower consent requirements.

• Collaborate with the production team to acquire additional organizational data.

• Address inquiries from the Servicing Team regarding partial releases, subordinate debt, easements, and related matters, while preparing the required documentation.

• Conduct research on legal questions across different jurisdictions.

• Provide training to internal teams on real estate transactional legal issues.

• Draft documentation on legal processes for use by internal teams.

• Aid in the creation of complex closing documents for larger loan originations upon request.

• Oversee and manage issues related to defaulted loans.

• Support the administration team with special projects and other assigned responsibilities.

⛳️ Requirements

• A Bachelor’s degree in Paralegal Studies, Legal Studies, Business, Real Estate, or a related field; paralegal certification is preferred.

• Over 5 years of experience in supporting real estate transactions, commercial lending, or a comparable legal setting.

• Strong preference for candidates with experience in defaulted loans, loan workouts, or special assets.

• Solid understanding of real estate and lending documentation, including title commitments, exceptions, surveys, plats, easements, releases, and organizational documents.

• Experience in reviewing borrower organizational documents and identifying requirements for signature, authorization, and consent.

• Capability to research and analyze legal issues across various jurisdictions.

• Proven experience working with attorneys, title companies, lenders, loan officers, servicing teams, and other internal stakeholders.

• Exceptional attention to detail with the ability to recognize potential legal, documentation, and title issues.

• Excellent organizational and communication skills, with the ability to juggle multiple transactions and priorities simultaneously.

• Proficiency in preparing, reviewing, and maintaining legal and transactional documentation accurately and efficiently.

• Strong judgment, problem-solving abilities, and the capacity to work independently while effectively collaborating with cross-functional teams.

🏝️ Benefits

• Innovative Environment: Become part of a forward-looking company that leads the construction finance industry, equipped with access to advanced technology and resources.

• Work Flexibility: Benefit from a flexible work environment that allows you to balance team leadership with your personal commitments.

• National Impact: Join a nationwide operation that is influencing the future of construction financing and creating positive changes for builders, developers, and homeowners across the U.S.

• Health Insurance: Builders Capital Exchange covers 100% of your medical insurance premiums, offering both PPO and HSA plans.

• Competitive Compensation: Receive competitive wages that acknowledge your expertise and dedication.

• Paid Time Off: Enjoy 3 weeks of paid time off each year.

• Paid Holidays: Benefit from 10 paid holidays throughout the year.