What are the responsibilities and job description for the Senior Paralegal - Banking and Financial Services position at Cullen and Dykman?
About Cullen and Dykman LLP
Cullen and Dykman LLP is a full‑service law firm that has been serving clients since 1850. We are committed to delivering the highest quality legal services while upholding the highest standards of professionalism. Our dynamic and collegial environment fosters collaboration among attorneys, paralegals, and staff, ensuring that every team member contributes to the firm’s continued success.
Position Overview
Cullen & Dykman LLP is seeking an experienced Senior Paralegal to join our Banking & Financial Services Department in our Uniondale office. This position supports attorneys representing institutional lenders in commercial real estate finance transactions, with a primary focus on commercial mortgage loan payoffs, principal paydowns, assignments, satisfactions, and related documentation.
Responsibilities
- Prepare, review, and finalize mortgage assignments, UCC assignments and terminations, satisfactions of mortgage, releases, and related closing documents.
- Review collateral files, mortgage schedules, title reports, and other transaction documents to facilitate loan payoffs and principal paydowns.
- Prepare release documentation for individual properties from multi-property mortgage loan facilities, including splitter documentation when required.
- Prepare releases for loans secured by cooperative units.
- Coordinate with lenders, borrowers, borrower and assignee counsel, title companies, escrow agents, and internal attorneys to ensure timely completion of payoff and paydown transactions.
- Track transaction status and follow up on outstanding items to ensure all closing requirements and conditions have been satisfied.
- Maintain accurate transaction files and assist with other commercial real estate finance matters as assigned.
Qualifications
- Minimum of 5-7 years of commercial real estate finance paralegal experience, with significant experience representing institutional lenders.
- Demonstrated experience handling commercial mortgage loan payoffs, principal paydowns, assignments, satisfactions, and related documentation.
- Excellent written and verbal communication skills.
- Strong organizational skills with exceptional attention to detail and the ability to manage multiple priorities in a deadline-driven environment.
- Proficiency in Microsoft Office (Word, Excel, Outlook) and legal document management systems.
Compensation & Benefits
We offer a competitive salary commensurate with experience, a comprehensive benefits package, including medical, dental, vision, and 401(k), a collaborative, professional corporate culture dedicated to client service and career development, and the opportunity to work alongside industry-leading attorneys on sophisticated regional and national financial transactions.
The salary range for this role is $80,000 – $110,000. Actual salary will be commensurate with the candidate’s qualifications and relevant experience.
Equal Employment Opportunity
Cullen and Dykman LLP provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.Salary : $80,000 - $110,000