Paralegal: II (Intermediate) - AVA Consulting

Job Summary:
At ****, the Collateral Administration Support Paralegal performs varied legal, title, abstract, and other necessary research to assist attorneys and supervisors with the performance of corporate and transactional legal work. Monitors and updates the Bank's collateral tracking system to include the accurate, complete, and current collateral and loan information.

Essential Duties and Responsibilities:
1. Assists in drafting and review of basic legal, loan and collateral documentation, correspondence and opinions.
2. Perfects collateral according to state statutes and maintains perfection of collateral to include extensions, amendments, and continuations as needed.
3. Creates and maintains UCC lien on loan collateral with the Secretary of State or through approved vendor.
4. Reviews lien search reports performed on loan collateral.
5. Performs post-closing review, monitoring and safekeeping of collateral documents including promissory notes, security agreements, mortgage, and deeds of trust; lien positioning; county or state lien filings.
6. Identifies and creates exception-tracking items in collateral tracking system for collateral reporting deficiencies and discrepancies.
7. Reviews, monitors, and tracks collateral documents including Guarantee Agreements, Pledge Agreements, Stocks, vehicle titles, and warehouse receipts.
8. Assists business line staff with exception questions and resolving outstanding exception items.
9. Assists in performing legal audits.
10. Maintains and organizes legal files and legal electronic database, legal training materials and manuals.
11. Assists in research mortgage law to keep mortgage review binders current.
12. Assists in drafting procedures and guidance.
13. Responds to customer requests related to status updates and details of the transaction after consulting with an attorney. Internal and external customers include but are not limited to relationship managers, credit analysts, attorneys, and outside counsel.
14. Performs custodial duties and audits for the note files and other specific types of personal property files held in records.
15. Inputs and maintains tracking of collateral and insurance.
16. Ensures compliance with applicable laws and regulations.

Other Duties and Responsibilities:
1. Assists attorneys in due diligence document requests for issuances of preferred stock and subordinated debt.
2. Participates in special projects and performs other duties as assigned.

Basic Qualifications
- 2 years of paralegal work experience, preferably in a secured lending practice or law firm; or 2 years working in a commercial lending environment preparing or reviewing loan documentation or perfecting and maintaining commercial collateral; or a combination of experience and education.
· High School Diploma

Other Qualifications:
1. Bachelor's degree and paralegal certification preferred.
2. Basic knowledge of legal, commercial lending, and lease terminology, title insurance, real estate law, the Uniform Commercial Code and collateral documentation, with intermediate knowledge of some of these areas preferred.
3. Demonstrated skills in Microsoft Office applications (Outlook, Word and Excel).
4. Ability to prioritize and schedule work and projects with minimal supervision.
5. Ability to work independently with minimal guidance, as well as collaboratively in a team environment.
6. Strong analytical and problem solving skills.
7. Strong organizational and time management skills.
8. Strong detail and customer service orientation.
9. Strong verbal and written communication and interpersonal skills.

Special Requirements
1. Availability for occasional work outside of business hours.
2. Availability for occasional travel.