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Posted April 22, 2024

Multifamily Paralegal

Troutman Pepper
Richmond Full Time
Reference: TroutmanPepperR2463_1

We are always seeking talented, motivated, growth-minded, and creative individuals. Our firm is committed to providing employee support and advancement, while embracing inclusion and innovation as keys to a stronger future.

We invite you to explore the position below and to submit your application to join our team!

The Multifamily Housing Finance Group represents lenders active in the multifamily housing industry with a focus on closing loans secured by multifamily projects and delivering those loans to secondary market investors. The Multifamily Paralegal will work with the Multifamily Housing Finance group and will be responsible for the review and analysis of title and survey on multifamily housing properties demonstrating a thorough knowledge of title and survey. There is a billable hours component to this position.

Essential Duties and Responsibilities:

  • Conduct title and survey review and analysis, specifically for commercial real estate loans, including but not limited to Fannie Mae/Freddie Mac.

  • Maintain thorough and current knowledge of commercial real estate lending guidelines.

  • Perform paralegal duties and responsibilities as directed by the group leader and other attorneys.

  • Monitor and meet loan closing deadlines.

  • Perform all assignments in strict compliance with ethical guidelines governing the practice of law.

  • Maintain the firms official file utilizing the document management system.

  • Track and record client-billable time as required meeting minimum billable hour requirements.

  • Maintain and prioritize work on a daily basis and communicate if unable to meet daily responsibilities.

  • Daily tracking and recording of both billable and nonbillable work.

Knowledge, Skills and Abilities

  • Commercial title and survey experience, specifically American Land Title Association, ALTA/NSPS

  • Demonstrate strong organizational and writing skills.

  • Demonstrate good teamwork skills within and among practice groups, offices and firm to facilitate efficient delivery of legal services.

  • Receive and follow complex instructions.

  • Juggle multiple assignments in a fast-paced team-oriented environment.

  • Possess impeccable attention to detail and strong analytical skills.

  • Be a self-starter, detail-oriented with strong organizational and verbal/written communication skills.

  • Consistently exhibit a high degree of professionalism.

  • Use initiative and discretion in accomplishing routine assignments with minimum supervision.

  • Ability to manage a large workload in a fast-paced work environment.

  • Ability to provide quality service to both internal and external clients effectively in order to build strong relationships.

Education and/or Experience:

  • Graduation from a four-year college or university with a bachelor's degree; or any combination of training, education and experience that demonstrates the ability to perform the duties of the position.

  • Minimum of two (2) years of experience with commercial real estate transactions, specifically title and survey; law firm or title company and Fannie Mae/Freddie Mac experience preferred.

#LI-Hybrid

The Firm will comply with any applicable city or state workplace mandates in effect in regards to Covid-19.

This position description is intended to describe the general content of and requirements for the performance of the job. The statements contained in the position description are not necessarily all-inclusive and additional duties and responsibilities may be assigned as determined by business needs.

This position description does not constitute a written or implied contract of employment.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

California Applicants: Please visit our Privacy Notice and Notice at Collection to learn about our information practices in the Job Application and Employment context.

Equal Employment Opportunity
Troutman Pepper adheres to a policy of equal opportunity and will make all employment decisions, which include hiring, promotion, transfer, demotion, evaluation, compensation and separation, without regard to race, color, religion, sex, age, sexual orientation, gender identity or expression, national origin, pregnancy, citizenship, disability, genetic information, marital or armed forces status and any other classification as protected by law.

Compensation is dependent on several factors, such as position, location, education, training, and/or experience.

Hiring Salary Range:

$70,000.00 - $90,000.00

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