Legal Assistant - Transaction Management

• This position will organize, assist, and support the daily responsibilities associated with mortgage servicing transfers and ongoing management of contracts and contract relationships associated with prior mortgage servicing transfers.
• Daily assistance of all Transaction Management Functions; this includes but is not limited to:
• Direct support of all Mortgage acquisition projects beginning with onboarding ending with a successful mortgage servicing transfer
• Assist with the preparation, review, and organization of legal documents related to transactions, including contracts, agreements, and closing documents.
• Maintain and update transaction checklist to ensure all deadlines and requirement are met prior to closing, during closing, and post-closing.
• Coordinate and organize documents for closings, including preparing signatures, compiling documents, and storing final executed copies.
• Coordinate and conduct routine meetings with Sellers throughout the transaction lifecycle.
• Identify and communicate onboarding counterparty issues.
• Support onboarding & closing timeline with external counterparty.
• Manage, coordinate, and track closing and post-closing matters effectively.
• Provide support to Management, Analysts, and Corporate Technology on the design, development and management of servicing transfer reporting, infrastructure and workflow.
• Communicate details of upcoming servicing transfers with internal and external stakeholders including executed agreements, transfer instructions, and controls.
• Situational involvement with internal workgroups for specialized projects.
• Provide assistance in drafting, reviewing, and approving prior servicer claims including review and approval of letters, reporting, and meditation of appealed claims.
• Provide support to management on situational guidance to business units on interpretation and contract application to loan-level scenarios.

ASSOCIATED PERFORMANCE CRITERIA

Supervision Received

Work is performed with supervision.

Job Complexity

Job duties are varied and can be complex.

PREREQUISITE PREPARATION

• Associate’s degree or Paralegal certificate from an accredited program or strong commensurate experience would be considered
• Experience with mortgage servicing is a plus but not required.
• Project management skills are a plus but not required.
• Previous experience or internship in a corporate legal environment is a plus but not required.

OTHER POSITION REQUIREMENTS

• Ability to succeed in a fast-paced, goal driven environment
• Excellent verbal and written communication skills
• Excellent critical thinking and analytical skills
• Excellent attention to detail
• Proficiency with Microsoft Applications (Excel, Word and PowerPoint), Access preferred