Paralegal: II (Intermediate) - Ava Consulting

At ****, the Sr. Paralegal performs varied legal, title, abstract, and other necessary research to assist attorneys and supervisors with the performance of corporate and transactional legal work. Assists in the preparation of legal, loan, and collateral documentation, analyses, and opinions.

Essential Duties and Responsibilities:
Assists in drafting and review of basic legal, loan and collateral documentation, correspondence and opinions.
Perfects collateral according to state statutes and maintains perfection of collateral to include extensions, amendments, and continuations as needed.
Orders UCC lien searches for verification and determination of lien position.
Obtains and reviews organizational documents. Completes signatory authority reviews, prepares borrower and guarantor resolutions. Performs follow up, tracking and maintenance of updated organizational documents.
Assists in drafting, updating and maintenance of standard loan documentation language and templates and mortgage templates.
Assists in performing legal audits.
Maintains and organizes legal files and legal electronic database, legal training materials and manuals.
Assists in research mortgage law to keep mortgage review binders current.
Performs mortgage expiration reviews according to state guidance, and enter data in to collateral tracking system.
Assists in drafting procedures and guidance.
Performs legal research, including but not limited to cite checking. Summarizes research results and recommends appropriate courses of action.
Performs promissory note audit and safekeeping management of original documents.
Perform flood zone determinations and determine eligible buildings requiring flood insurance.
Obtain applicable property, general liability, or builders risk policies and establish records in collateral tracking system.
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.
Assists in performance of general corporate support functions as required.
Performs custodial duties and audits for the note files and other specific types of personal property files held in records.
Inputs and maintains tracking of collateral and insurance.
Ensures compliance with applicable laws and regulations relating to flood insurance.

Basic Qualifications
Two (2) or more years of paralegal experience, preferably in a secured lending practice or law firm; or appropriate combination of education and experience.
High School Diploma

Preferred Qualifications
College degree and paralegal certification.
Five (5) or more years of paralegal experience, preferably in commercial real estate, commercial banking and finance.
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.
Knowledge of flood laws
Knowledge of insurance; property, general liability, and all forms.
Demonstrated skills in Microsoft Office applications (Outlook, Word and Excel).
Ability to prioritize and schedule work and projects with minimal supervision.
Ability to work independently with minimal guidance, as well as collaboratively in a team environment.
Strong analytical and problem-solving skills.
Strong organizational and time management skills.
Strong detail and customer service orientation.
Strong verbal and written communication and interpersonal skills.