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Wisconsin Housing and Economic Development Authority

PARALEGAL

Wisconsin Housing and Economic Development Authority, Madison, Wisconsin, us, 53774

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Overview 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

employees participate in the State of Wisconsin benefit package. 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, personal holiday hours, legal holidays per year, and tuition reimbursement programs.

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 $60,264 to $74,054 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 until filled.

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.

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