Closing Paralegal
The Closing Paralegal at Nonprofit Finance Fund (NFF) plays a pivotal role in managing post-closing requirements for core fund loans, overseeing the closing of special loan fund loans, and handling documentation related to extensions and amendments of portfolio loans. Reporting directly to the Vice President, General Counsel, this position is integral to ensuring that NFF's lending activities are executed with precision, compliance, and care, thereby enabling the organization to deploy capital responsibly and effectively. NFF is a remote-first organization with offices in Boston, New York, Philadelphia, Oakland, and Los Angeles, and this role is based remotely within the United States, with a strong preference for candidates within commutable distance to NFF’s New York City office.
In this role, the Closing Paralegal is responsible for drafting amendments and waiver letters, organizing and tracking closing documentation for loan transactions, assisting with pre-closing and closing activities, collecting signature pages, preparing wire transfer requests, and managing UCC filings, including continuation and termination statements. Additional duties include performing lien and litigation searches, conducting corporate entity searches, preparing and managing collateral release documents, scheduling post-closing meetings with various departments, tracking and following up on post-closing documents, and maintaining post-closing checklists. The position also involves serving as the Asana manager, creating and tracking projects, maintaining client files, uploading files to corporate cloud document management systems and Salesforce, and coordinating department meetings and filing projects.
Candidates for this position should possess a strong attention to detail, exceptional organizational skills, sound judgment, and a collaborative approach. Experience in legal and lending processes, particularly in post-closing activities, is highly desirable. The role requires proficiency in managing multiple tasks simultaneously, effective communication skills, and the ability to work independently and as part of a team. A commitment to advancing NFF’s mission through careful, compliant execution of legal and lending processes is essential.
The salary range for this position is $99,500 to $110,600 annually. NFF offers a comprehensive benefits package, including health insurance, retirement plans, and generous paid time off. As a remote-first organization, NFF provides flexibility in work arrangements, fostering a supportive and inclusive work environment.
NFF is dedicated to building community wealth and well-being, aiming to make affordable housing, essential services, quality jobs, and excellent education accessible to more people. The organization envisions a world of shared prosperity, where communities have the capital, community assets, knowledge, and agency to thrive. Joining NFF offers the opportunity to contribute to meaningful work that has a direct impact on communities, with potential for professional growth and development within a mission-driven organization.