The board
Job
Finance
Commercial Real Estate Legal Assistant (Hybrid Birmingham, Alabama)
Protective Life · Investments
- Pay
- $52,000–$60,000/yr
- Hours
- Full Time
- Where
- Birmingham, AL
- Posted
- Sep 2
The work we do has an impact on millions of lives, and you can be a part of it.
We help protect our customers against life’s uncertainties. Regardless of where you work within the company, you’ll be helping provide protection and peace of mind when our customers need it most.
Basic Purpose and Objective of the Position:
Assists Investment Department's commercial mortgage loan attorneys in all phases of commercial mortgage lending.
This position will be titled Legal Support II within the organization.
What you'd do
- Receives and distributes incoming due diligence items for loan closings.
- Logs in items on checklist as received, reviews and analyzes items for compliance with loan commitment for attorney’s review and notes comments on checklist.
- Distributes items for review by underwriter, in-house attorney, outside attorney and others. Assists in-house attorneys in compiling data and due diligence items for further analysis by attorneys.
- Communicates with mortgage bankers, borrowers, outside attorneys and others regarding outstanding items.
- Coordinates and documents loan closings.
- Coordinates with in-house and outside attorneys, borrower's attorney and title agents, the Company's cash management division and Corporate Accounting to properly document disbursement and receipt of loan proceeds and the proper accounting for the loan (including assignment of loan to the appropriate line of business).
- Inputs data regarding closed loans into the pipeline database.
- Creates and maintains permanent files.
- Follows-up on outstanding documentation for closed loans, including review of title insurance policies.
- Coordinates refund of commitment fee with in-house attorney and loan production staff.