Description
About World Business Lenders ()
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.
This is a Contract/Consultant position. Generally, working hours will be 9:00am-6:00pm Eastern Time, Monday through Friday, although hours worked may be greater based upon operational requirements. The job requires EXCELLENT oral and written command of the English language. Resumes must be submitted in English or they will not be reviewed.
Position Overview
In a fast paced, high expectation, results oriented environment, the Legal Operations Analyst will support the Head of Legal Operations in overseeing all U.S. legal and regulatory matters in connection with the company’s origination of short-term real estate collateralized commercial loans.
Essential Functions
- Monitor 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
- Maintain current knowledge of all applicable rules and regulations
- Provide required legal advice and guidance
- Prepare and review loan documents and/or supporting documents
- Review title reports/commitments
- Prepare and review agreements with business referral partners
- Understand and adhere to time-sensitive deadlines
- Develop, prepare, update and revise applicable policies and procedures
- Conduct post-closing loan reviews
- 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;
- 3-8 years’ work experience in commercial loan origination; real estate collateralized and in the U.S. preferred
- Working knowledge of U.S. federal and state commercial lending laws, rules, regulations, licensing requirements, and laws, rules, regulations governing U.S. financial institutions preferred
- Working knowledge of real property recording systems and real property chain of title matters throughout the U.S. preferred
- Excellent organizational, communication (both written and verbal) and computer skills
- Excellent English fluency, both written and verbal
- Strong legal research skills
- Able to work in a fast-paced, deadline-driven environment
- 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
- CONTRACT/CONSULTANCY POSITION
- 11 US Paid Holidays
- Base Salary
What We Do
At World Business Lenders (WBL) Our motto, 'We Lend. You Grow' is simple, yet powerful. We make working capital available to eligible businesses for expansion and growth.
WBL was founded by a seasoned team of entrepreneurs with strong track records of launching, financing and growing successful small businesses. We understand what businesses need in terms of working capital, and are well-aware of how little is actually available for small businesses in the current marketplace. WBL understands how additional working capital can help you navigate your business to maximum success.
Our unique approach to lending makes your business the focal point for loan decisions. Instead of concentrating on personal assets and a business owner's credit score, we believe the history and financial performance of your business should outweigh all other factors in our decision making process.
WBL bases each loan decision on your business’s ability to make affordable daily payments to satisfy the loan. While there are many challenges small business owners face, WBL believes access to working capital shouldn't be one of them.
WBL's sole focus is making loans to small businesses. This is all we do!
We Lend. You Grow.
