Role Description
Reporting to the Vice President, General Counsel, the Closing Paralegal will manage the post-closing requirements of core fund loans, the closing of special loan fund loans, and documentation related to extensions and amendments of portfolio loans. This role is essential to advancing NFF’s mission by ensuring that lending activities are executed with rigor, compliance, and care, enabling the organization to deploy capital responsibly and effectively. Additionally, the Closing Paralegal will support the general operations of the General Counsel department.
This role will provide broad support to various functional areas in the department, including compliance and documentation. This is an ideal opportunity for someone who is a detail-oriented, highly organized professional who brings sound judgment, a strong sense of accountability and collaboration, and a commitment to advancing NFF’s mission through careful, compliant execution of legal and lending processes.
NFF has core business hours where we expect all staff to be available from 9:00 am to 5:00 pm local time, and occasional travel (20%) is required.
What You Will Do
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Client Loan Closings Stewardship (40%)
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Draft amendments and waiver letters and other loan documents, as needed
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Organize and track closing documentation for loan transactions
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Assist with preclosing and closing activities, as needed
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Collect signature pages, and prepare wire transfer requests
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Prepare and file UCC filings, including UCC continuation and termination statements
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Perform lien and litigation searches
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Perform corporate entity searches
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Prepare and manage collateral release documents
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Post-Closing Compliance Operations (30%)
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Schedule post-closing meeting with loan servicing, underwriting, portfolio management, and general counsel departments
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Track and follow-up on documents and items required post-closing
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Track UCC and mortgage filings and title insurance policies in favor of NFF
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Manage and update post-closing checklist
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General Counsel Operations & Administrative Support (20%)
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Serve as Asana manager; create and track projects in Asana
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Create and maintain client files
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Upload files to corporate cloud document management system and Salesforce
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Maintain tracking for loan amendments and other General Counsel department activities
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Coordinate Department meetings, mailings, and filing projects
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Work with NFF’s NMTC team to provide post-closing support including file maintenance
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Work with NFF’s internal enterprise support team, outside agent, and online platforms to manage tasks
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Special Projects, Meetings, & Other Duties as Assigned (10%)
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Formation and dissolution of special purpose entities for the NFF’s NMTC team
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Support special projects as required to support the business
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Attend internal and external meetings as needed
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Contribute to advising a large, fast-paced, forward-thinking organization on a broad range of complex legal, business, and strategic issues
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As work and community/client needs change, assignments, projects, and job duties will be assigned and may change
Qualifications
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A bachelor’s degree from an accredited college or university in business administration, paralegal studies, public administration, or a related field; equivalent combinations of relevant education, training, and experience will be considered
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Five (5) years of professional experience as a paralegal or similar role in a law firm with a focus on financial transactions, corporate transactional work including project finance, securities, structured finance or public finance law
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Advanced skills managing multiple concurrent projects or transactions, with responsibility for tracking timelines, deliverables, and follow-ups
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Proven ability to communicate clearly and professionally in writing and verbally with internal stakeholders and external parties
Requirements
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A demonstrated commitment to NFF’s mission, values, and approach to community impact
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A learning orientation and curiosity about business and lending strategies, with an interest in CDFIs and their role in nonprofit financing
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Strong organizational, process-driven, and detail-oriented work habits, with the ability to manage competing priorities in a fast-paced, evolving environment
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A self-starter mindset with high personal accountability, paired with a collaborative approach to working with a dynamic, mission-driven team
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Exceptional interpersonal and client-facing communication skills, including the ability to build trust and work effectively with stakeholders at all levels
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The ability to work independently and effectively in a remote environment, building strong relationships across geographies and time zones
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Sound judgment, integrity, and discretion, and ability to maintain confidentiality of sensitive information
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Comfort using online collaboration tools and business systems, including Salesforce and Microsoft Office
Benefits
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Up to twenty (20) paid holidays/business closure days
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Three (3) floating holidays
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Flexible time off
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Group medical insurance with a funded health reimbursement account
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Dental and vision plans
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Life insurance and disability plans
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A retirement plan with both a non-elective employer contribution (4%) and additional match contribution (2%)
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A “work from home” fund
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Flexible spending accounts to cover health, dependent care, and commuter costs