Paralegal I Asset Management and Owner & Franchisee Relations

JOB SUMMARY

The U.S./Canada Asset Management and Owner & Franchisee Relations team is responsible for supporting Marriotts open owned managed and franchised lodging properties in the United States and Canada. The team works with various Marriott corporate departments and disciplines and helps Marriott achieve its business objectives by negotiating and drafting contracts with owners operators and lenders.

This Paralegal I position supports a team of attorneys prepares drafts of key transaction documents collaborates with internal and external stakeholders and ensures the seamless completion of managed and franchise transaction documents. Additionally this role maintains the teams legal management database while leveraging technology to streamline processes and tracks various asset management and operational matters as they arise.

CANDIDATE PROFILE

Education and Experience

Required

Four-year college degree OR Two-year college degree and minimum relevant work experience of one year OR at least five years of relevant work experience as a paralegal.

Strong project management skills and ability to meet simultaneous deadlines in a fast-paced environment.

Proficiency in MS Word Excel and Outlook.

Familiarity with database functionality and operation.

Ability to routinely work from the HQ office in Bethesda currently 3-4 days/week

Availability for minimal travel and flexibility for overtime.

CORE WORK ACTIVITIES

Provide direct support to the attorneys and assist other members of the group in the performance of their duties and responsibilities.

Interface with the internal Marriott transactions personnel as well as owners and their administrative staff to conduct organizational due diligence and obtain all required information for completion of management and franchise agreements and related documents.

Prepare drafts of transaction documents (including franchise agreements management agreements guaranties comfort letters SNDAs amendments and other agreements) primarily utilizing forms and standardized provisions; assist in preparing drafts of negotiated changes to agreements.

Review and screen information comments and questions received from owners and their counsel and help prepare initial draft responses for attorney review.

Assist in facilitating full execution of documents by owners and ensure executed originals are returned and filed appropriately.

Leverage technology to improve efficiency throughout contract generation and execution process and participate in the implementation of improvements.

Undertake special assignments including research review and analysis of contract documentation and other issues as requested.

Maintain and update enterprise legal management database for up-to-date tracking of the status of transaction documents.

Respond as necessary to miscellaneous development and operational issues.