Loan Operations Counsel
hace 6 meses
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 **Loan 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.
**Essential Functions**
- 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 is preferred)
- 5+ years’ work experience in U.S. with commercial loan origination (preferably, real estate collateralized)
- Working knowledge of U.S. federal and state commercial lending laws, rules, regulations, licensing requirements, and laws governing 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**:
- 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
- Able to establish and maintain effective work relationships both internally and externally
**Benefits**
CONTRACT / CONSULTANCY POSITION
Compensation: DOE
11 US Paid Holiday per year
Must be able to satisfactorily complete a background check