Paralegal

Description

Job Title: Paralegal

Location: Worcester, MA (Onsite)

About Webster First Federal Credit Union

Established in 1928 and driven by a goal to make life more comfortable for our community, Webster First Federal Credit Union has grown to an over one-billion-dollar financial institution, serving over 90,000 members across our banking and lending services. Our mission is to leverage who we are as a credit union to empower our members to live their best financial lives. We focus on members, not profits, and our values of strength, exceptional service, and “New England authenticity” are at the heart of everything we do.

We can’t do it without an exceptional workforce! With approximately 250 employees spread across 15 locations in Massachusetts, Webster First Federal Credit Union is committed to empowering a diverse and inclusive workforce that is representative of the community we serve. Our members come from all walks of life and, not unintentionally, so do our staff. We hire great people from a wide variety of backgrounds, not just because it’s the right thing to do, but because it makes us stronger.

Summary:

As a Paralegal at WebFirst Mortgage LLC, you’ll play a key role in facilitating smooth and efficient real estate transactions. From preparing mortgage and loan documentation to coordinating with title companies, surveyors, and legal offices, you’ll be at the center of the action—ensuring accuracy, compliance, and a seamless closing process for both commercial and residential mortgages.

Essential Duties and Responsibilities:

• Perform record searches at Registry of Deeds websites and other property-related websites.
• Organize and track real estate closing files.
• Open new loan files, including ordering necessary documents to process file.
• Prepare mortgage and loan documentation for both commercial and residential real estate transactions.
• Manage and coordinate obtaining third party information for closings working closely with title companies, surveyors, town offices, attorney offices, etc.
• Manage and maintain closing dates, recission dates, and funding dates.
• Cross check and edit documents for accuracy. 8. Prepare and issuance of title insurance policies.
• Handle post-closing duties, including obtaining proper discharges, title certifications, and completion of closing file.
• Assist in the preparation of civil litigation regarding collections and other collections-related work, as requested.
• Promote overall BSA Compliance by adhering to all BSA and OFAC Regulations specific to job function and assist BSA/Compliance Department as necessary with any department functionspecific items.
• Actively promote the security and privacy of member and employee information through adherence to information security and physical security policies, procedures, and governing regulations. Training will be required at least annually for Information Security topics, BSA, and GLBA; annual BSA training will be position-specific and will include courses on any of the following regulations as they relate to the position described herein: SAFE ACT, Regulations B, C, D, E CC, DD, and Z as well as any other training deemed necessary to promote adherence to applicable regulatory requirements.
• Perform other related tasks as necessary.

Qualifications / Requirements

• Minimum of three years of experience in commercial/residential financing transactions in a similar environment (law firm or financial institution).
• Thorough knowledge of legal real estate terminology.
• Proficient with computers; experience with Microsoft Office, Internet, Qualia Software preferred.
• Strong attention to detail and analytical skills.
• Exceptional communication, both written and verbal.
• Ability to work both independently and in a team environment while prioritizing workload in a busy office environment. 
• Ability to maintain confidentiality and trust.
• Ability to be available for work punctually, and as scheduled.

Education / Training Experience

• Minimum of a high-school diploma or equivalent required.
• Additional paralegal degree or certification preferred.
• Minimum of three years of experience in commercial/residential financing transactions in a similar environment (law firm or financial institution).

Physical Demands:

This role primarily involves working at a desk, using a computer, and engaging in phone or video conversations. Employees may need to sit for extended periods, move about the office, and occasionally lift or carry items up to 20 pounds. Reasonable accommodations will be provided as needed.

Work Environment:

This is a professional office environment with moderate noise levels and periods of higher activity, such as increased call volumes. Employees should be comfortable working in a fast-paced setting with occasional interruptions.

Qualifications