Commercial Lending Law Clerk

Cartel Inc.
Toronto, CA
$75K a year
Full-time

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

4 hours ago
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