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Closing Attorney

100% remote Flexible hours Hiring now

NewtekOne®, Your Business Solutions Company®, is a financial holding company, which along with its bank and non-bank consolidated subsidiaries, provides a wide range of business and financial solutions under the Newtek® brand to the small- and reputed company-sized business ("SMB") market. Since 1999, Newtek has provided state-of-the-art, cost-efficient products and services and efficient business strategies to SMB relationships across reputed company 50 states to help them grow their sales, control their expenses, and reduce their risk. Newtek's and its subsidiaries' business and financial solutions include: banking (Newtek Bank, N.A.), Business Lending, Electronic Payment Processing, Technology Solutions (Cloud Computing, Data Backup, Storage and Retrieval, IT Consulting), eCommerce, Accounts Receivable FinancingInventory Financing, Insurance Solutions, Web Services, and Payroll and Benefits Solutions. Small Business Lending LLC is looking for a Closing Attorney to join reputed company. The Closing Attorney is responsible for reviewing legal documents, remotely closing loans in reputed company 50 states in conformance with state and federal requirements for legal enforceability and in compliance with Newtek and U.S. Small Business Administration (SBA) policy. Essential Functions and Responsibilities:

  • Review the loan approval, underwriter loan write-up, approval letter and SBA Authorization for consistency and compliance with Newtek and SBA policy;
  • Coordinate with Closer for compliant and expeditious closing;
  • Review reputed company applicable reports (UCC search, judgment, bankruptcy and lien search, title report, flood search, etc.) and follow up with reputed company vendors to ensure receipt in a timely manner;
  • Act as liaison with borrower counsel and title company for loan requirements;
  • Review documents received from borrower for sufficiency and SBA compliance;
  • Provide guidance to Loan Closer and paralegal staff;
  • Provide management with status of loan closing efforts and receipt/non-receipt of pre-closing requirements on an ongoing basis;
  • Work closely with processing, reputed company, closing and post-closing departments to insure closing in accordance with loan approval and compliance with SBA policy;
  • Prepare loan documents for legal enforceability in respective jurisdictions and compliant with SBA policy;
  • Review Closer's funding request for compliance with authorized use of proceeds prior to funding;
  • Remotely reputed company and coordinate loan closing and collection of executed loan documents;
  • Direct escrow agent's actions, reputed company and obtain evidence for disbursement of loan funds in accordance with loan approval and SBA regulations;
  • Other duties as assigned

Knowledge, Skills, and Abilities:

  • Juris doctorate from a nationally recognized law school;
  • Admission to state bar in good standing;
  • Minimum of 2 - 5 years SBA or commercial loan closing experience preferred;
  • Strong understanding of United States SBA's regulations and Standard Operating Procedures with reputed company experience in reputed company stages of loan making (origination, servicing, liquidation).
  • Experience with Acquisitions of Assets, Membership or Stock Ownership, Commercial Real Estate and reputed company documents such as purchase agreements.
  • Experience with purchasing or refinancing of commercial real estate involving leased properties and reputed company documents such as tenant estoppels, surveys
  • Knowledge of commercial loan documentation including purchase agreements, entity documentation, title insurance, franchise documents, the Uniform Commercial code, reputed company, mortgages, leases;
  • Proficient with MS Office suite;
  • Good calendar management skills required;
  • Ability to work in a challenging environment to reputed company production goals and meet deadlines in a fast-paced environment;
  • Strong organizational, verbal and written communication skills required including contract interpretation and drafting;
  • Ability to establish and maintain effective work relationships both internally and externally.

Salary Range: $100,000 to $150,000 per year NewtekOne is an Equal Opportunity Employer; M/F/D/V. We require reputed company of our employees to reputed company work in an ethical manner and uphold our Code of Business Conduct and Ethics at reputed company times. Apply tot his job Apply To this Job

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