Legal Operations and Closing Manager

Summary

Join World Business Lenders (WBL) as a Legal Operations and Closing Manager! This fully remote, contract position offers a fast-paced environment where you will manage all U.S. legal and regulatory aspects of short-term real estate collateralized commercial loan origination. You will coordinate with internal and external stakeholders, ensure compliance, prepare loan documents, and negotiate with counsel. The ideal candidate possesses a law degree, 7-10 years of experience in commercial loan origination, and strong knowledge of relevant laws and regulations. Excellent communication, organizational, and research skills are essential. WBL provides a competitive salary, paid time off, and a full-time consultancy contract.

Requirements

• Law degree
• 7-10 years’ work experience in U.S. commercial loan origination (preferably, real estate collateralized)
• Strong knowledge of U.S. federal and state commercial lending laws, rules, regulations and licensing requirements, and working knowledge of laws governing financial institutions
• Working knowledge of real property recording systems and real property chain of title matters throughout the U.S
• Excellent organizational, communication (both written and verbal) and computer skills
• Excellent English fluency, both written and verbal
• 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

Responsibilities

• Coordinate all 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
• Provide required legal advice and guidance
• Prepare, review and negotiate loan documents and/or supporting documents
• Negotiate opinion letters to be delivered by borrowers’ counsel
• Review and negotiate title reports/commitments
• Understand and manage time-sensitive deadlines
• Review, revise, update and/or develop applicable policies and procedures
• Conduct post-closing review
• Address origination related matters in coordination with the post-closing asset resolution process for non-performing loans
• Review of data output of Loan Origination System prior to funding
• Review of real estate title for loans secured by real estate
• Preparation of closing document packages
• Preparation of DMV and other documentation need to obtain a security interest in non-real estate collateral
• Scheduling delivery and execution of closing documents
• Pre-funding review of executed document and submission of funding package to treasury
• Development and implementation of policies and procedures to guide consistency in quality
• Coordination and delivery of documentation and data to Loan Administration for loan setup post funding
• Other projects and duties as assigned

Preferred Qualifications

Law degree; from a nationally accredited U.S. law school

Benefits

• USD Salary
• Paid time-off balance
• Full-time consultancy contract
• Fully remote