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Loan Sale Paralegal at The Debt Exchange, Inc.

Posted in Legal Admin 30+ days ago.

Type: Full-Time
Location: Boston, Massachusetts





Job Description:

The Debt Exchange, Inc. (“DebtX”) is the largest full-service loan sale advisor and loan analytics provider in the country, serving commercial banks, insurance companies, investment banks, debt funds and other financial institutions. DebtX provides a creative and comfortable work environment and the exciting opportunity to be part of a fast-paced growing company.

 

In joining our team, you'll enjoy great benefits, a creative work environment, and the exciting opportunity to be part of a fast-paced and growing company. DebtX provides a competitive salary and generous benefit package, which includes medical & dental, long-term health care insurance, life insurance, long & short-term disability, paid vacation, sick time and holidays, and a 401K retirement plan with a company match.

 

As an equal opportunity employer, The Debt Exchange, Inc. is committed to a diverse workforce and is also committed to a barrier-free employment process. If you are an individual with a disability and need an accommodation or alternative method to submit an application, please contact us by calling 617-531-3434 or emailing CandidateAccomodation@debtx.com.

 
It is the policy of The Debt Exchange, Inc. to afford equal employment opportunity to all qualified persons regardless of race, color, religion, national origin, genetic information, age, military status, protected veteran status, sexual orientation, disability status, gender or any other characteristic protected by federal or state law.

The Debt Exchange, Inc. (“DebtX”) is hiring a Loan Sale Paralegal to process and coordinate commercial real estate loan packages, commercial and industrial loans and other corporate debt for sale by DebtX clients.

 

This is a great opportunity for a self-motivated individual who enjoys working on projects that require a high level of organization, efficiency and accuracy. Successful candidates should be detail oriented and a self-starter.  You will report to the Chief Underwriter and will interact closely with clients, trading desk and sales personnel.

 
Responsibilities:


  • Organize/Review/Audit loan files

  • Prepare written Asset/Relationship Reports 

  • Prepare/Organize Excel spreadsheets

  • Prepare due diligence packages for review by interested parties

  • Involved with significant client management facilitating the exchange of pertinent financial and loan level information

  • Close interaction with other areas of the company including conference calls with clients

  • Manage the closing and post-closing processes, prepare settlement statements

  • Performs other duties assigned by management that fall within the generally expected scope of this position

Required Skills & Experience


  • Bachelors’ degree required

  • Experience in the paralegal field, banking or commercial real estate is required

  • Self-motivated, highly organized and detail-oriented individual that can work independently

  • Enjoys managing superior client relationships

  • Excellent verbal and written communication skills

  • Advanced Excel, Word and Adobe Acrobat Pro skills


  
This position is located in our Boston, MA headquarters.  Local candidates only, please.
We will not consider applicants who require sponsorship for a work visa now or in the future.




Salary: $85,000.00


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