Paralegal II - Debt Finance in Long Island, NY| LawFirmStaff

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Title : Paralegal II - Debt Finance

Location : New York - Long Island
Refer to Job # SLXL823057

Be a part of a highly successful, full-service law firm that counts among its esteemed clients many Fortune 250 firms. This firm has a reputation for treating associates exceedingly well. The branch office of a large international law firm, this firm's practice has consistently been strong in the litigation, corporate and tax fields; however, the firm also has made a definite commitment to intellectual property related work in the Los Angeles legal market. The Los Angeles branch has a full book of business involving some of the biggest movers and shakers on the national and international scene. An aggressive development track has associates achieving partner status in a very limited amount of time compared to other national firms of its stature. This firms is generally seeking the best and the brightest--meaning it is most willing to consider associates from top schools and firms.
Paralegal II - Debt Finance Duties: Orders lien searches from vendor. Reviews lien search results and prepare lien summary. Reviews/Drafts UCC-1 financing statements and UCC-3 financing statements. Orders charters and good standing certificates from vendor. Communicates any good standing status issues to K&E attorneys/company. Determines actions needed to restore company's good standing status. Obtains bylaws/operating agreements from K&E attorneys. Organizes charters, bylaws/operating agreements and good standing certificates on DMS. Drafts resolutions, support certificates to K&E legal opinion, secretary's certificates and officer s/closing certificates. Assists with distribution of resolutions, secretary's certificates and officer s/closing certificates to lender's counsel for review. Makes any necessary revisions to resolutions, secretary's certificates and officer s/closing certificates. Original Collateral:. Obtains copies of original securities to be pledged (e.g., stock/unit certificates, notes). Prepares stock certificate/unit certificate to be pledged and update ledger. Drafts stock/unit powers and/or endorsements. Assists with delivery of original securities to lender's counsel. Obtains director and officer lists for each loan party. Prepares signature page packets for attorney review. Distributes signature page packets to signatories for execution. Reviews and organizes executed signature pages. Reviews closing checklist and conditions precedent section of loan agreement to determine closing deliverables. Determines loan parties. Orders bring down letter. Compiles closing deliverables (e.g., borrowing notice, secretary's certificates, officer s/closing certificates, perfection certificate, solvency certificate). Distributes executed signature pages and closing deliverables to lender's counsel (in escrow). Saves executed versions and final versions of closing documents to subfolders on DMS. Compiles and arrange for delivery of original executed signature pages and closing deliverables to lender's counsel. Prepares electronic copy closing sets. Distributes original executed resolutions to the holder of the corporate minute books. Qualifications: Bachelor's degree and paralegal certificate preferred. 5+ years of paralegal experience preferably in a law firm handling complex matters for large corporate clients. Experience in Debt Finance and one or more areas including M&A, private equity, capital markets, asset-backed securitization, investment funds, investment management and/or venture capital. Additional qualifications include excellent analytical and organizational abilities, solid communication and management skills, creativity and initiative. Must be able to work independently as well as with a team, have an acute attention to detail, and is able to multi-task and prioritize while working in a high pressure, deadline-driven environment. Flexibility for travel, and work overtime is required. Strong technical skills are required, particularly Microsoft Word, Excel, Outlook, and a Document Management System. Knowledge of Carpe Diem, Westlaw, TextMap, Relativity, SharePoint, and LegalKey is a plus.

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