Paralegal

Overview

Assist legal/compliance team with AML/KYC, loan docs, corporate records, and compliance program.

Key Responsibilities

• data upload
• entity mapping
• alert setup
• background checks
• document drafting
• cip monitoring

Tasks

As a member of the Legal and Compliance Department team, the Paralegal is responsible for assisting with various Legal and Compliance functions, including (i) the review of borrower documentation, to aid the company in meeting its AML/KYC and corporate authority review requirements, (ii) creating, modifying or customizing loan related documentation and templates, (iii) assisting with corporate maintenance and recordkeeping, and (iv) assisting in the development, maintenance, monitoring and enforcement of an effective compliance program, as required by applicable ethical and regulatory requirements. -Upload information as needed to the appropriate technology system. -Act collaboratively with business partners to answer questions, and/or assist in arriving at the most effective and efficient resolution to comply with regulations and mitigate risk. -Review and chart entity relationships, including complex legal structures involving multiple entities, investors, lenders and equity incentive holders. -Coordinate changes to policy and procedural documents and related processes required as a result of changes to laws and regulations. -Assist the team in developing and enhancing the company’s legal and compliance programs to meet legal and regulatory requirements by creating and implementing internal control systems, policies and procedures to prevent or deal with violations of legal guidelines, internal policies, and contracts. -Set up and review alerts on updates to background reports. -Track legal and regulatory developments and adopt industry best practices. -Maintain internal corporate records for various business entities and coordinate with registered agent vendor to ensure timely and accurate filing of business forms and reports. -Protect all customer information and institution assets and comply with privacy and acceptable use policies. -Run background reports and review for compliance issues, credit concerns and legal issues. Research issues through various investigative tools and sources to vet out mispins and assess the probability of actual customer matches. Provide additional documentation for escalations to Compliance, Credit or Legal. Significant discretion is required for this due diligence function. -As appropriate, bring compliance issues to the attention of Compliance Officers and assist in designing and coordinating corrective action. -Maintain and update department procedures for AML program related duties. -Create, modify or customize loan-specific documents and document templates, including but not limited to: Loan Agreements, Notes, Deeds of Trusts, Loan Agreement addendums, pledge agreements, Notices of Default, Non-disclosure agreements, cross-collateralization agreement. -Ensure document templates and records are securely stored in the company’s system. -Stay abreast of pertinent regulatory and compliance issues and ensure adherence with related laws and regulations. -Review and interpret borrower documentation, including but not limited to organizational documents, to ensure the company understands entity ownership and management for AML program and corporate authority review purposes. -Monitor and ensure appropriate and accurate completion of Customer Identification Program (CIP) and Customer Due Diligence (CDD) for new clients. -Research Secretary of State websites to verify entity status prior to loan funding. -Assist in preparation of regular reporting and tracking of legal and compliance issues and initiatives.

Requirements

• excel
• paralegal
• regulatory compliance
• mortgage banking
• bachelor’s degree
• analytical

What You Bring

-Understanding of requirements to form corporations, partnerships and limited liability companies in any state. -Experience in a mortgage, title, real estate or other related financial services environment. -Excellent analytical, time management and organizational skills and ability to manage multiple tasks concurrently and self-prioritize workload to meet deadlines. -Minimum 3-5 years’ experience in a paralegal or similar role, working closely with legal. -Working knowledge of Regulatory Compliance laws, as well as underwriting guidelines. -Able and willing to handle a variety of tasks across a broad range of substantive areas and to learn new areas quickly. -Proficient in Microsoft Office products with an emphasis on Excel, Word, Outlook. -Excellent written and verbal communication and interpersonal skills, self-motivated/results-oriented, with the ability to function effectively within a team environment. -Understanding of the mortgage banking business and related underwriting processes. -Bachelor’s Degree from four-year college or university.

People Also Searched For

About Genesis Capital Llc

-specializes in delivering high-impact capital advisory services to dynamic companies -focuses on guiding businesses through complex financial transactions, helping them grow and thrive -supports businesses in securing the capital necessary to expand and innovate -partners with businesses in energy, infrastructure, transport, and utilities, offering tailored strategies for each sector -has been a trusted advisor to a wide variety of companies, navigating them through M&A transactions, private placements, and strategic investments -remains committed to providing top-tier financial solutions with a proven track record spanning numerous sectors -unique approach blends strategic foresight with hands-on execution to achieve sustainable growth for clients

Sector Specialisms