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Wisconsin Housing and Economic Development Authority (WHEDA) · 1 day ago

Paralegal

Greater Madison Area

Full-time

Onsite

Entry, Mid Level

$60K/yr - $74K/yr

2+ years exp

Wisconsin Housing and Economic Development Authority (WHEDA) is seeking a Paralegal to provide paralegal services for multi-family real estate and construction loan processing. The role involves ensuring proper loan documentation and facilitating loan pre-closing and final closing meetings.

Financial Services

Work & Life Balance

Responsibilities

Participates in multi‐family loan closings (and possibly economic development loan closings). This includes reviewing loan approval and loan committee minutes; drafting and finalizing all loan documents; ordering and reviewing title commitments; reviewing surveys; creating and updating closing checklists; coordinating and participating in all loan closing calls; and undertaking other closing‐related activities

Participates in post‐closing activities for multi‐family loans (and possibly economic development loans). This includes reviewing title endorsements associated with the construction draw; ordering and reviewing updated title endorsements as part of the conversion process; drafting amendments to loan documents as needed; preparing satisfactions and releases; and undertaking all other post‐closing activities

Performs a variety of general office activities, including, but not limited to creation and maintenance of legal records, tracking mechanisms, forms, and operating procedures

Reviews, prepares, and tracks land use restriction agreements, which includes reviewing and preparing applicable forms, updating tracking lists, preparing, and sending transmittal letters, preparing applicable files and other related documents

Prepares bond closing documents and assists with bond closing procedures, including scheduling public hearings; reviewing contracts and other related bond documents; coordinating the delivery of bond issue approvals; and/or, performing other related activities

Performs or assists with other duties as assigned

Qualification

Paralegal CertificationReal estate transactionsLoan closingsLegal principlesLegal documents analysisDrafting legal documentsCustomer service principlesProblem analysisAttention to detailInterpersonal skillsConfidentiality

Required

Associate degree or completion of approved paralegal program AND 2 years of experience as a paralegal; OR an equivalent combination of education and experience

Paralegal Certification

Legal principles, ethics, practices, and procedures

Customer service principles

Applicable Federal, State, and local laws, rules, and regulations

Secured transactions

Underwriting and servicing documentation procedures and practices

Legal documents analysis

Drafting and processing legal documents including title policy and survey review

Communication, interpersonal skills as applied to interaction with coworkers, supervisor, the general public, etc. sufficient to exchange or convey information and to receive work direction

Analyzing problems and making appropriate recommendations for resolution

Developing government policy

Nurturing business relationships

Strong adherence to confidentiality in working with clients and vendors

Attention to detail, and ability to troubleshoot for process improvement