Paralegal II - US and Canada Development Transactions

JOB SUMMARY

The U.S./Canada Development Transactions team is responsible for representing Marriott in meeting its growth objectives. The team works with various Marriott corporate departments and disciplines, and helps Marriott achieve its business objectives by negotiating and drafting contracts with owners, operators, and lenders for each new hotel in the United States and Canada. The Paralegal II position supports team attorneys, prepares drafts of transaction documents, including franchise agreements, management agreements and other related documents, conducts due diligence and ensures seamless completion of deal closings. Additionally, the Paralegal II maintains the legal management databases while leveraging technology to improve efficiency, collaborates with internal and external stakeholders and responds to various development and operational issues as they arise.

 

CANDIDATE PROFILE 

Education and Experience 

Required

• Four-year college degree and work experience of one year, OR Two-year college degree and minimum relevant work experience of three years, OR at least ten years of relevant work experience as a paralegal. 
• Strong project management skills, and ability to meet simultaneous deadlines in a fast-paced environment.
• Proficiency in MS Word, Excel and Outlook.
• Familiarity with database functionality and operation. 
• Ability to routinely work from the HQ office in Bethesda, currently 3-4 days/week
• Availability for minimal travel and flexibility for overtime. 

Preferred

• Paralegal Certificate          

 

CORE WORK ACTIVITIES 

 

• Provide direct support to the attorneys and assist other members of the US/Canada development transactions group in the performance of their duties and responsibilities.
• Interface with the internal Marriott transactions personnel, as well as owners and their administrative staff, to conduct organizational due diligence and obtain all required information for completion of transaction agreements and related documents. 
• Prepare drafts of transaction documents (including franchise agreements, management agreements, guaranties, comfort letters, SNDAs, amendments, and other agreements), primarily utilizing forms and standardized provisions; prepare drafts of negotiated changes to agreements.
• Review and screen information, comments, and questions received from owners and their counsel, and prepare initial draft responses for attorney review. 
• Facilitate full execution of documents by owners and ensure executed originals are returned and filed appropriately.
• Leverage technology to improve efficiency throughout contract generation and execution process.
• Undertake special assignments, including research, review, and analysis of contract documentation and other issues, as requested.
• Maintain and update enterprise legal management database for up-to-date tracking of the status of transaction documents.
• Respond as necessary to miscellaneous development and operational issues.

 

The hourly pay range for this position is $33.94 to $48.51. Marriott offers a bonus program, comprehensive health care benefits, 401(k) plan with up to 5% company match, employee stock purchase plan at 15% discount, accrued paid time off (including sick leave where applicable), life insurance, group disability insurance, travel discounts, adoption assistance, paid parental leave, health savings account (except for positions based out of or performed in Hawaii), flexible spending accounts, tuition assistance, pre-tax commuter benefits, and other life and work wellness benefits.  Benefits may be subject to generally applicable eligibility, waiting period, contribution, and other requirements and conditions. 

The compensation and benefits information is provided as of the date of this posting. Marriott reserves the right to modify compensation and benefits at any time, with or without notice, subject to applicable law.