Sr Commercial Real Estate Legal Assistant (Hybrid Birmingham, Alabama)

Protective•Birmingham, AL

1d•$52,500 - $70,000•Hybrid

About The Position

The Sr Commercial Real Estate Legal Assistant assists the Investment Department’s commercial mortgage loan attorneys through all phases of commercial mortgage lending. The role is titled Sr Legal Support within the organization. It involves receiving and analyzing loan-closing due diligence, coordinating reviews and closings, communicating with transaction participants, documenting the disbursement and accounting of loan proceeds, maintaining loan records, and supporting servicing personnel.

Requirements

Excellent administrative skills.
Proficiency with Microsoft Word and Adobe for Windows.
Knowledge of commercial mortgage loan transactions and/or seven or more years of legal assistant or paralegal experience concentrated in commercial real estate.
Exceptional organizational skills; efficiency, attention to detail, dependability, and self-motivation.
Excellent written and oral communication skills and strong interpersonal skills.
Ability to perform multiple tasks using independent judgment, discretion, and analytical skills.
Ability to analyze due diligence items and determine compliance with loan commitments.
Ability to recognize and solve problems independently when appropriate and seek assistance when necessary.
Ability to assess situations and prioritize the most urgent and important projects.
High interpersonal skills, including effective communication, courtesy, and diplomacy.

Responsibilities

Receive and distribute incoming due diligence items for loan closings.
Log received items on checklists, review and analyze them for compliance with the loan commitment for attorney review, and note comments on checklists.
Distribute items for review by underwriters, in-house attorneys, outside attorneys, and others.
Assist in-house attorneys with compiling data and due diligence items for further analysis.
Communicate with mortgage bankers, borrowers, outside attorneys, and others about outstanding items.
Coordinate and document loan closings.
Coordinate with in-house and outside attorneys, borrowers’ attorneys, title agents, the Company’s cash management division, and Corporate Accounting to document disbursement and receipt of loan proceeds and proper loan accounting, including assignment to the appropriate line of business.
Enter data about closed loans into the pipeline database.
Create and maintain permanent files.
Follow up on outstanding documentation for closed loans, including reviewing title insurance policies.
Coordinate commitment fee refunds with in-house attorneys and loan production staff.
Prepare correspondence and handle substantial telephone and email communications.
Provide data to in-house servicing personnel and outside servicers as needed.
Perform other duties as assigned.