Legal Analyst

 

Description:

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, multi-task, 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:

o Business Administration

o Law Clerk

o Legal Studies

o Paralegal Studies

· Will be required to obtain mortgage agent license with FSRA.