Paralegal

WHY WHEDA? 

WHEDA serves Wisconsin residents and communities by working with others to provide creative financial and technical resources to stimulate and preserve affordable housing, small businesses, and agriculture.

WHEDA values Equity, Diversity, and Inclusion as part of our culture.

WHEDA employees participate in the State of Wisconsin benefit package (https://www.wheda.com/about-wheda/careers/benefits).  WHEDA offers an excellent benefits package that includes: Medical, Vision, and Dental Insurance, State Retirement plan; 457 Deferred Compensation, Group Term Life Insurance (and optional term life insurance for family members), Disability Insurance, paid sick leave, paid vacation time twenty eight (28) personal holiday hours, Twelve (12) paid legal holidays per year, tuition reimbursement program.

WHEDA is an equal opportunity and Affirmative Action employer seeking a diverse and talented workforce.  Veterans are also encouraged to apply. 

WHEDA has a hybrid work policy where certain employees may enjoy a remote work schedule, based on position and business needs. See more details below related to this specific position.

WHEDA is seeking a Paralegal to join our Legal Department in our Madison facility. 

SALARY: Hiring Range for this position is from $58,226 to $71,550 Annually. Offered Salary will be based on qualifications and internal pay equity.  WHEDA provides a competitive salary and WHEDA employees participate in the State of Wisconsin benefit package which includes retirement, health insurance and deferred compensation programs.  

POSITION OVERVIEW: The position of Paralegal is responsible for providing paralegal services for multi‐family real estate and construction loan processing, primarily ensuring proper loan documentation and necessary facilitation of loan pre‐closing and final closing meetings.

ESSENTIAL DUTIES:

• Participates in multi‐family loan closings (and possibly economic development loan closings). This includes reviewing loan approval and loan committee minutes; drafting and finalizing all loan documents; ordering and reviewing title commitments; reviewing surveys; creating and updating closing checklists; coordinating and participating in all loan closing calls; and undertaking other closing‐related activities.
• Participates in post‐closing activities for multi‐family loans (and possibly economic development loans). This includes reviewing title endorsements associated with the construction draw; ordering and reviewing updated title endorsements as part of the conversion process; drafting amendments to loan documents as needed; preparing satisfactions and releases; and undertaking all other post‐closing activities.
• Performs a variety of general office activities, including, but not limited to creation and maintenance of legal records, tracking mechanisms, forms, and operating procedures.
• Reviews, prepares, and tracks land use restriction agreements, which includes reviewing and preparing applicable forms, updating tracking lists, preparing, and sending transmittal letters, preparing applicable files and other related documents.
• Prepares bond closing documents and assists with bond closing procedures, including scheduling public hearings; reviewing contracts and other related bond documents; coordinating the delivery of bond issue approvals; and/or, performing other related activities.
• Performs or assists with other duties as assigned. 

QUALIFICATIONS:

• Associate degree or completion of approved paralegal program AND 2 years of experience as a paralegal; OR an equivalent combination of education and experience
• Prior experience with real estate transactions, loan closings or construction financing preferred.
• Paralegal Certification

KNOWLEDGE AND SKILLS:

• Legal principles, ethics, practices, and procedures
• Customer service principles
• Applicable Federal, State, and local laws, rules, and regulations.
• Secured transactions
• Underwriting and servicing documentation procedures and practices
• Legal documents analysis
• Drafting and processing legal documents including title policy and survey review.
• Communication, interpersonal skills as applied to interaction with coworkers, supervisor, the general public, etc. sufficient to exchange or convey information and to receive work direction
• Analyzing problems and making appropriate recommendations for resolution
• Developing government policy
• Nurturing business relationships
• Strong adherence to confidentiality in working with clients and vendors
• Attention to detail, and ability to troubleshoot for process improvement

Remote Work Options:

This position has a work schedule that will initially be 100% in-office. After training is complete, it is at the discretion of the direct manager when the employee may begin a hybrid work schedule.

APPLICATION DEADLINE: This position will remain open for 7 days.  

Questions may be directed to whedahr@wheda.com.

This position is not eligible for a work-related immigration visa sponsorship.

We request you do not include a photo of yourself with your application for employment.  Any submitted will be removed prior to viewing by hiring leaders.  Thank you.

An Equal Opportunity Employer Operating Under an Affirmative Action Plan.