Legal Staff Paralegal in Omaha, NE

In-House

Omaha, NE

Legal Staff Paralegal in Omaha, NE

Legal Staff

Min 2 yrs required

No

Job Title: Corporate Closing Specialist

Job Responsibilities:
The Corporate Closing Specialist is responsible for coordinating and facilitating the loan closing process, managing the timeline, and handling legal documentation for lending relationships originated by the Association’s Corporate Business Development Teams. This includes complex lending structures and broadly syndicated commercial and real estate transactions. Key responsibilities include:

- Leading the loan closing function for assigned loans, addressing all non-credit issues from loan approval through loan closing.
- Preparing legal documentation for originated loans to ensure compliance with legal, credit, collateral, and regulatory requirements.
- Managing a portfolio of multi-state, multi-entity loans, with loan exposures ranging from $10MM to $100MM.
- Coordinating and communicating with Relationship Managers/Lenders, Account Management, Credit Analysts, in-house Legal Counsel, and outside vendors.
- Ensuring timely and accurate booking of loans within the appropriate accounting systems by coordinating with loan accounting teams.
- Managing the title company process, including reviewing and analyzing title documents, encumbrances, surveys, and purchase agreements.
- Certifying all required documents establishing the power, authority, and existence of obligors and guarantors.
- Coordinating post-closing legal reviews of transactions and handling any curative actions required.
- Monitoring and tracking construction loan progress, ensuring inspections are completed, and construction costs are not exceeded.

Education and Experience Information:
Education Requirements:
- Bachelor's Degree preferred in Business, Business Law, or a Paralegal Program.

Years of Experience:
- A minimum of 2 years of experience in a commercial real estate lending environment within a financial institution, a loan closing and documentation function in a law firm, or experience in a title company closing commercial real estate loans.

Certification and Technical Requirements:
- Ability to complete Loan Closing Certification as provided by the internal legal team within 12 months of starting in this role.
- Strong proficiency in computer skills, including the use of Microsoft Word, Excel, Microsoft Edge, and other software as required by the position.

Salary Information:
- Salary Range: $69,120 - $103,680
- Incentive Opportunity: % - 15%

The role of the Corporate Closing Specialist is crucial in ensuring the successful closing of complex lending transactions and maintaining the integrity and collectability of the Association’s assets. The specialist must possess a thorough understanding of legal documentation and demonstrate strong coordination and communication skills across various teams and external partners.