Legal Operations And Closing Manager

Confidential


RB CollectionLegal Area Manager
Confidential • Kolkata, West Bengal • via CallCenterJob.co.in
7 hours ago
Full–time
No Degree Mentioned
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Job description
About Collections and Underwriting Department:The Collection and Underwriting department focuses on the collection of the bank’s various loan products like Home Loans, Car Loans, and Personal Loans among others. While Underwriting department focuses on risk mitigation towards the loan offered to the customers. The department is key for the Loans business vertical as it is responsible for controlli...
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World Business Lenders


Legal Operations And Closing Manager
World Business Lenders • Kolkata, West Bengal • via Jobs Trabajo.org
8 hours ago
Full–time
Apply on Jobs Trabajo.org
Apply on BeBee
Job description
RequirementsAbout 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 WBL is a U S -based company with a 100 remote workforce This is a remote Contract Consultant position Generally working hours will be + 00am-6 00pm Eastern 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 Position OverviewIn a fast paced high expectation results oriented environment the Legal Operations and Closing Manager will be responsible for all U S legal and regulatory matters in connection with the companys 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 reports commitments 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 Review of data output of Loan Origination System prior to funding Review of real estate title for loans secured by real estate Preparation of closing document packages Preparation of DMV and other documentation need to obtain a security interest in non-real estate collateral Scheduling delivery and execution of closing documents Pre-funding review of executed document and submission of funding package to treasury Development and implementation of policies and procedures to guide consistency in quality Coordination and delivery of documentation and data to Loan Administration for loan setup post funding Other projects and duties as assigned Requirements Law degree from a nationally accredited U S law school preferred 7-10 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 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 Proficient in all Microsoft Office and Adobe applications Able to establish and maintain effective work relationships both internally and externally Benefits USD Salary Paid time-off balance Full-time consultancy contract Fully remote World Business Lenders