About World Business Lenders (www.
wbl.
com)
World Business Lenders (WBL) provides general purpose short-term real estate collateralized commercial loans to a broad customer base comprised of small and medium sized businesses throughout the United States that lack access to traditional funding.
Position Overview
In a fast paced, high expectation, results oriented environment, the Head of Legal Operations will be responsible for all U.
S.
legal and regulatory matters in connection with the company’s origination of short-term real estate collateralized commercial loans.
Essential Functions
Coordinate all legal and regulatory aspects of the loan origination process
Liaise and collaborate internally with relevant departments, and externally with applicants, title companies, outside counsel (for the company or the applicant), etc.
Ensure compliance with all applicable legal and regulatory requirements
Provide required legal advice and guidance
Prepare, review and negotiate loan documents and/or supporting documents
Negotiate opinion letters to be delivered by borrowers’ counsel
Review and negotiate title reports/commitments
Prepare, review and negotiate agreements with business referral partners
Understand and manage time-sensitive deadlines
Review, revise, update and/or develop applicable policies and procedures
Conduct post-closing review
Address origination related matters in coordination with the post-closing asset resolution process for non-performing loans
Other projects and duties as assigned
Requirements
Law degree from a nationally accredited law school
7+ years’ work experience in U.
S.
commercial loan origination (preferably, real estate collateralized)
Strong knowledge of U.
S.
federal and state commercial lending laws, rules, regulations and licensing requirements, and working knowledge of laws governing financial institutions
Working knowledge of real property recording systems and real property chain of title matters throughout the U.
S.
Excellent organizational, communication (both written and verbal) and computer skills
Strong legal research skills
Able to work in a fast-paced, deadline-driven environment and handle multiple projects simultaneously
Detail-oriented and resourceful with excellent follow-through skills
Proficient in all Microsoft Office and Adobe applications
Able to establish and maintain effective work relationships both internally and externally
Must be able to satisfactorily complete a background check
Must be authorized to work in the United States
Benefits
Compensation package $125k-$150k – DOE
Vacation/personal/sick time, 11 paid holidays per year, comprehensive benefits package (medical, dental, vision, company-paid life insurance, voluntary life/accident/disability insurance, 401(k) Plan with company match, Employee Assistance Program)
EOE M/F/D/V/SO
World Business Lenders does not sponsor work visas for this position.
World Business Lenders participates in E-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the United States.