Legal Clerk — Downtown Toronto Our outstanding client, a thriving and growing Investment Fund Manager and Commercial Mortgage Leader, located in downtown Toronto, close to Union Station is growing! They are looking for a Legal Clerk to join its team! In this role the candidate will perform a variety of tasks in connection with funding loans on commercial properties located nationally and across all asset classes.

Preparing and negotiating letters of intent/commitment letters in compliance with credit requirements Understanding, negotiating, and assisting with drafting of loan documents including intercreditor and syndication documents, postponement and priority agreements, and other related legal documents Engaging service providers to complete property and legal due diligence Working closely with borrowers on closing their mortgage loan Reviewing loan documents and legal due diligence packages Receiving and forwarding insurance policies for review by insurance consultant Completing anti-money laundering due diligence and documentation Working with the underwriting and origination teams to ensure that loan due diligence has been completed in preparation for closing, including ensuring all escrow and reserve requirements are included in the final mortgage loan closing statement Reviewing and/or preparing closing documents and providing instructions to legal counsel in negotiation of loan documents Preparing and balancing closing numbers, requisitioning funds and arranging funding wires Checking that disclosure tolerances are within guidelines and assuring that all procedures meet internal and investor requirements as well as compliance to all regulatory and governmental agencies Reconciliation of mortgage loan files Minimum of 3+ years of experience working closely with commercial mortgages with a lender or a law firm Must have computer skills in Microsoft suite Knowledge of syndicated loans and FSRA disclosure requirements is considered an asset Knowledge of intercreditor agreements and understanding priority clauses is considered an asset

📌 Law Student Summer Law Clerk (Toronto)
🏢 Linds u0026 Associates
📍 Toronto