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Job Description
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About World Business Lenders ( )
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.
Position Overview
In a fast paced, high expectation, results oriented environment, the Head of Legal Operations will be responsible for 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 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 s/commitments
- Prepare, review and negotiate agreements with business referral partners
- 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
- Other projects and duties as assigned
Requirements:
- Law degree from a nationally accredited law school
- 7+ 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
- 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
- Must be able to satisfactorily complete a background check
- Must be authorized to work in the United States
Benefits:
- Compensation package $125k-$150k – DOE
- Vacation/personal/sick time, 11 paid holidays per year, comprehensive benefits package (medical, dental, vision, company-paid life insurance, voluntary life/accident/disability insurance, 401(k) Plan with company match, Employee Assistance Program)
EOE M/F/D/V/SO
World Business Lenders does not sponsor work visas for this position.
World Business Lenders participates in E-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the United States.
