Commercial Lending Law Clerk
Job Description
Commercial Lending Law Clerk
Step into a key role with a high-performing legal team, where your skills , where your expertise can truly make an impact. Our Client, a Toronto law firm known for its collaborative and inclusive culture, is offering you the opportunity to grow professionally alongside leading legal experts. With a hybrid work model, competitive salary, and benefits, this is a place where you can balance success and work-life harmony. If you bring experience in commercial lending transactions and thrive in an organized, detail-oriented environment, we’d love to hear from you! Apply now.
Salary: $75K+
Key Responsibilities
- Draft and review loan documentation, including loan agreements, security documents, promissory notes, and related legal documents.
- Conduct due diligence checks such as property, PPSA, bankruptcy, and writ searches, and prepare reports on findings.
- Manage loan closing processes, coordinating with all parties involved to ensure compliance with terms and timely disbursement of funds.
- Register and manage PPSA liens, ensuring that all lender security interests are perfected.
- Liaise with borrowers’ lawyers, reviewing and completing necessary documentation such as private mortgages, deeds, discharges, and notices.
- Prepare and submit final lender reports and handle post-closing tasks, including the release of security interests and amendments to loan agreements.
- Maintain positive client relationships, addressing client instructions, requests, and expectations promptly.
Qualifications
- Minimum of 3 years’ experience in a Commercial Lending or Banking Law Clerk role.
- Law Clerk diploma from an accredited college or completion of the Institute of Law Clerks of Ontario Certification.
- Strong knowledge of relevant legislation, including PPSA, OBCA, CBCA, and others pertinent to banking practice.
- Excellent verbal and written communication skills with a keen attention to detail.
- Excellent organizational skills.
- Proven ability to work independently as well as part of a team, with the ability to take initiative in a fast-paced environment.
- Proficiency in Microsoft Office Suite (Excel/Outlook/Word).
To apply, please forward your resume to: Zaheeda Merali Manager – Law Clerk Search at zaheeda@cartelinc.com
