Paralegal
Paralegal
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Job Description
WHY WHEDA
WHEDAserves Wisconsin residents and communities by working with others to provide creative financial and technical resources to stimulate and preserve affordable housing small businesses and agriculture.
WHEDAemployees participate in the State of Wisconsin benefit package( WHEDA offers an excellent benefits package that includes: Medical Vision and Dental Insurance State Retirement plan; 457 Deferred Compensation Group Term Life Insurance (and optional term life insurance for family members) Disability Insurance paid sick leave paid vacation time twenty eight (28) personal holiday hours Twelve (12) paid legal holidays per year tuition reimbursement program.
WHEDAis an equal opportunity and Affirmative Action employer seeking a diverse and talented workforce. Veterans are also encouraged to apply.
WHEDAhas a hybrid work policy where certain employees may enjoy a remote work schedule based on position and business more details below related to this specific position.
WHEDA is seeking a Paralegal to join our Legal Department in our Madison facility.
SALARY: Hiring Range for this position is from $60264 to $74054 Annually. Offered Salary will be based on qualifications and internal pay equity. WHEDA provides a competitive salary and WHEDA employees participate in the State of Wisconsin benefit package which includes retirement health insurance and deferred compensation programs.
POSITION OVERVIEW:The position of Paralegal is responsible for providing paralegal services for multifamily real estate and construction loan processing primarily ensuring proper loan documentation and necessary facilitation of loan preclosing and final closing meetings.
ESSENTIAL DUTIES:
- Participates in multifamily 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 closingrelated activities.
- Participates in postclosing activities for multifamily 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 postclosing 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.
QUALIFICATIONS:
- Associate degree or completion of approved paralegal program AND 2 years of experience as a paralegal; OR an equivalent combination of education and experience
- Prior experience with real estate transactions loan closings or construction financing preferred.
- Paralegal Certification
KNOWLEDGE AND SKILLS:
- 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
Remote Work Options:
This position has a work schedule that will initially be 100% in-office. After training is complete it is at the discretion of the direct manager when the employee may begin a hybrid work schedule.
APPLICATION DEADLINE: This position will remain open until filled.
Questions may be directed to
This position is not eligible for a work-related immigration visa sponsorship.
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An Equal Opportunity Employer Operating Under an Affirmative Action Plan.
Employment Type
Full-Time
