Legal Analyst
Who is MarshallZehr
MarshallZehr Group Inc. (MZ) provides customized construction and development financial solutions for highperforming real estate developers. Since 2008 MarshallZehr has grown to become one of Canadas most trusted real estate capital partners. We add value beyond capital our teams decades of experience help deliver the strategic insight and vision necessary to craft tailored financial solutions all backed by our industry recognized mortgage administration services.
The Opportunity
Reporting to the Director Legal the Legal Analyst will assist in managing and documenting MZs underwriting and funding activities. The Legal Analyst will be responsible for preparing regulatory documents related to funding loans and issuing advances managing all security documentation required to close the loans and advances coordinating with external legal counsel in the preparation negotiation and processing of all documentation coordinating internally with Account Managers Project Managers and Analysts as well as the financial group to coordinate fundings and advances.
The Role
Mortgage Funding:
Coordinate with lawyers and insurance consultants on new transactions and follow through to completion of registration of security.
Communicate with lawyers with respect to discharges amendments and collecting funding conditions.
Assist with the review of commitment letters amendments renewals.
Assist in preparation of mortgage documents for various lending partners.
Tracking deal status via our online portal and managing various checklists and trackers.
Staying up to date on applicable regulations.
Mortgage Administration:
Assisting in coordinating various legal agreements related to ongoing projects with external counsel.
Coordinate documentation of amendments and renewals.
Assisting in any Special Loans activity including default/receivership proceedings as required.
Mortgage Discharge Support:
Assist in preparation of discharge documentation and payment requisitions.
Compliance Monitoring:
Assist compliance department with Borrower follow ups of loan deliverables.
Prepare notices/reminders to Borrowers to ensure timely deliver of loan obligations.
Assist in documenting of contractual mortgage renewals extensions and amendments.
Administration:
Tracking and processing of legal invoices.
Assist with lender onboarding process for new clients.
Participating in ongoing initiatives with respect to process improvements.
What Are We Looking For
Excellent oral and written communication skills with the ability to effectively communicate across all levels within as well as outside of the organization.
Excellent time management skills.
Demonstrated ability to prioritize between multiple competing commitments and deadlines.
Demonstrated ability to efficiently handle administrative tasks multitask and switch between multiple assignments as necessary.
Proficiency in Microsoft Word and Excel and generally adept with technology.
Post Secondary Degree or Diploma in any of the following is an asset:
oBusiness Administration
oLaw Clerk
oLegal Studies
oParalegal Studies
Will be required to obtain mortgage agent license with FSRA.
Preferred Requirements:
Experience in any of Mortgage Administration Asset Management Commercial Lending Banking Financial Services Real Estate Law Real Estate Development and/or Underwriting is an asset.
Work Environment
MZ offices are open Monday to Friday and employees are expected to work on site a minimum of 4 days per week with the option of working remotely 1 day per week as agreed to by the direct supervisor.
Our Waterloo office has 16000 square feet of modern and accessible space and has been specially updated and tailored to meet our business needs. The result is a worldclass workspace that empowers deep collaboration reinforces business operations with stateoftheart technology infrastructure and offers more space to enable our sustained team expansion.
Accommodations are available during all stages of the recruitment process in accordance with the Human Rights Code and the Accessibility for Ontarians with Disabilities Act (AODA) to provide an inclusive barrier free workplace. We will accommodate the accessibility needs of individuals with disabilities to support participation in all aspects of the recruitment process. Should you require this accommodation please contact