About World Business Lenders (www.wbl.com)
World Business Lenders (WBL) provides general purpose short-term real estate collateralized commercial loans to a broad customer base comprised of small and medium sized businesses throughout the United States that lack access to traditional funding.
This is a Contract/Consultant position. Generally, working hours will be 9:00am-6:00pm Eastern Time, Monday through Friday, although hours worked may be greater based upon operational requirements. The job requires EXCELLENT oral and written command of the English language. Resumes must be submitted in English or they will not be reviewed.
Position Overview
In a fast paced, high expectation, results oriented environment, the Legal Operations Counsel will support the General Counsel in overseeing all U.S. legal and regulatory matters in connection with the company’s origination of short-term real estate collateralized commercial loans.
Responsibilites:
- Coordinate legal and regulatory aspects of the loan origination process
- Liaise and collaborate internally with relevant departments, and externally with applicants, title companies, outside counsel (for the company or the applicant), etc.
- Ensure compliance with all applicable legal and regulatory requirements
- Maintain current knowledge of all applicable rules and regulations
- Provide required legal advice and guidance
- Prepare and review loan documents and/or supporting documents
- Review title reports/commitments
- Prepare and review agreements with business referral partners
- Understand and adhere to time-sensitive deadlines
- Develop, prepare, update and revise applicable policies and procedures
- Conduct post-closing loan reviews
- Address origination related matters in coordination with the post-closing asset resolution process for non-performing loans
- Other projects and duties as assigned
Requirements
- Law degree; from a nationally accredited U.S. law school preferred
- 5-10 years’ work experience in commercial loan origination; real estate collateralized and in the U.S. preferred
- Working knowledge of U.S. federal and state commercial lending laws, rules, regulations, licensing requirements, and laws, rules, regulations governing U.S. financial institutions preferred
- Working knowledge of real property recording systems and real property chain of title matters throughout the U.S. preferred
- Excellent organizational, communication (both written and verbal) and computer skills
- Excellent English fluency, both written and verbal
- Able to hire, train, supervise, manage and develop lawyers in the same reporting line
- Strong legal research skills
- Able to work in a fast-paced, deadline-driven environment and handle multiple projects simultaneously
- Detail-oriented and resourceful with excellent follow-through skills
- Proficient in all Microsoft Office and Adobe applications
- Able to establish and maintain effective work relationships both internally and externally
Benefits
- Consultancy Contract Position
- Salary DOE
- 11 US Paid Holidays per Year
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Last updated on Jul 29, 2024