Job Description

Commercial Lending Law Clerk

Salary : $75K+

Key Responsibilities

• Draft and review loan documentation, including loan agreements, security documents, promissory notes, and related legal documents.
• Conduct due diligence checks such as property, PPSA, bankruptcy, and writ searches, and prepare reports on findings.
• Manage loan closing processes, coordinating with all parties involved to ensure compliance with terms and timely disbursement of funds.
• Register and manage PPSA liens, ensuring that all lender security interests are perfected.
• Liaise with borrowers’ lawyers, reviewing and completing necessary documentation such as private mortgages, deeds, discharges, and notices.
• Prepare and submit final lender reports and handle post-closing tasks, including the release of security interests and amendments to loan agreements.
• Maintain positive client relationships, addressing client instructions, requests, and expectations promptly.

Qualifications

• Minimum of 3 years’ experience in a Commercial Lending or Banking Law Clerk role.
• Law Clerk diploma from an accredited college or completion of the Institute of Law Clerks of Ontario Certification.
• Strong knowledge of relevant legislation, including PPSA, OBCA, CBCA, and others pertinent to banking practice.
• Excellent verbal and written communication skills with a keen attention to detail.
• Excellent organizational skills.
• Proven ability to work independently as well as part of a team, with the ability to take initiative in a fast-paced environment.
• Proficiency in Microsoft Office Suite (Excel / Outlook / Word).

Tagged as : Commercial, Law Clerk