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Residential Real Estate Banking Paralegal

Residential Real Estate Banking Paralegal

Real Estate – Mortgage Finance Paralegal with 2+ years’ experience.  Must be a detail-oriented professional, well-spoken/written, organized, willing to take initiative, customer-friendly, highly responsive to constant client updates, able to work in a fast-paced environment and meet deadlines, able to multitask, willing to travel within the 5 boroughs, Westchester, Nassau/ Suffolk. Ability to work on several mortgage finance files from loan inception throughout closing and post-closing with minimal supervision and a willingness to work overtime, if needed. 

  1. Liaison with several major lenders to schedule closings with all interested parties; prepare final Closing Disclosures (CDs); prepare final closing packages and return post-closing documents in a timely manner. 
  2. Prepare and review CEMA documents and Exhibit A Schedule of Mortgages. 
  3. Review title reports and lien searches to identify and clear any open title issues. 
  4. Review and approve all underlying documents and assignments in connection with CEMA closings. 
  5. Attend bank closings on real property and coop purchases, as well as real property and coop refinances. 
  6. Work on all post-closing matters, including refinance fundings. 
  7. Prepare and file coop UCC1s, UCC3s, and Aztech Agreements. 
  8. Assist on Coop Transfer files and attend closings. 

Qualifications 

  1. Bachelor’s degree 
  2. New York State Notary Public License (within 60 days of hire) 
  3. Proficient in Microsoft Office, Word, Excel, PowerPoint, Outlook, Adobe Pro 

Job Type: Full-time 

Pay: $70,000.00 – $75,000.00 per year 

Ability to Commute: 

New York, NY 10004 (Required) 

Honors & Awards:  

  • Crain’s Best PlacesToWork (2010,2012, 2016, 2017, 2018, 2022, 2025)  
  • Chambers USA: One of New York’s Top Real Estate Litigators: (2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2021, 2022, 2023, 2024, 2025) 
  • Best Lawyers:The Best Lawyers of New York City for Real Estate Law (2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025)  
  • Top 100 Super Lawyers (2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025) 
  • Highest “AV” rating from Martindale-Hubbell (2011, 2012, 2013, 2014, 2015, 2021, 2022, 2023, 2024, 2025) 
  • Bar Register of Preeminent Lawyers (92nd and 95th editions)
  • Commercial Observer Most Powerful Real Estate Attorneys (2015)
  • America’s Top 100 Bet-The-Company Litigators (2021, 2022, 2025, 2026) 
  • American Lawyer: Top Rated Litigators (2017) 
  • Adam Leitman Bailey, P.C. Ranked as New York’s Best and Brightest Company to Work For (2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024)

 

Revenue sharing for all attorneys: Salary is based on experience and the revenue sharing program makes our attorneys, in many cases, more money than the largest law firms. That being said, this candidate should expect to make at least 180-200k/year. The Revenue Sharing Plan offers a competitive compensation system to all attorneys. Every attorney receives a 1/3 of the hours billed by that attorney and then collected by the firm (in addition to 20% bonuses paid to the attorney for introducing a client to the firm). Assuming one-third of the cash revenue on billed time is greater than the amount of advance compensation paid, the difference will be paid to the attorney as a bonus.  

 

In addition to the revenue-sharing program, our attorneys are able to make supplementary revenue based on the amount of business they bring in. When an attorney at any level brings in new business, they will receive a percentage of that new business (20%), on top of the compensation revenue program. Every attorney at the firm receives one-third of their collected billable time and any attorney who brings in business will receive a higher amount to be negotiated. 

 

Please review the careers section on our website for further information on why we continue to win awards for being the best place to work: https://www.alblawfirm.com/careers/compensation-benefits/ 

 

Benefits include: Rolls-Royce of Health Insurance Plans, Firm Funded Dental and Vision Insurance, Flexible Spending Accounts, Matching 401(K) plan, Commuter benefits, Subsidized 80% Gym Memberships. Every attorney receives their own office with a spectacular view. 

 

Portable Business: The firm is very busy and no attorney is required to bring portable business or any business to the firm; nor is there any requirement to bring in business to make partner at the firm. 

 

For More Information About Our Firm:  

 

If you are interested in the Residential Real Estate Banking Paralegal position, please submit your cover letter, resume and any additional materials to dbernstein@alblawfirm.com.

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