What are the responsibilities and job description for the Legal Intern - Part Time position at USA Mortgage?
Description
This internship offers a unique opportunity to gain hands-on experience in contract and agreement work, including leases, within a fast-paced and dynamic environment. The ideal candidate will have a strong interest in real estate, finance, and contract law, coupled with excellent research, organizational, and communication skills.
KEY RESPONSIBILITIES
- Assist in drafting, reviewing, and revising contracts, agreements, and leases to ensure compliance with legal and regulatory standards.
- Conduct legal research on federal, state, and local regulations affecting the mortgage and real estate industries.
- Support the legal team in analyzing and summarizing legal documents, including lease agreements, vendor contracts, and other transactional documents.
- Maintain accurate and organized records of legal documents and correspondence.
- Collaborate with internal departments, including Compliance, Operations, and Accounting, to address legal inquiries and provide guidance on contractual matters.
- Monitor contract execution processes and ensure timely follow-up with internal and external partners.
- Assist in identifying and mitigating potential legal risks.
- Stay up to date with changes in laws and regulations impacting the mortgage industry.
- Other assignments as needed.
Requirements
JOB REQUIREMENTS
Broad Knowledge & Experience: Strong understanding of contract law, real estate law, and basic principles of the mortgage industry.
Above Average Skills: Excellent legal research, analytical, and writing skills. High level of attention to detail and ability to manage multiple tasks effectively.
Demonstrated Ability: Ability to work independently and collaboratively within a team. Professional demeanor and strong communication skills.
General Knowledge: Real Estate and/or Mortgage lending rules.
Competencies: (individual contributor) Analytical, Integrity, Adaptability, Customer Service, Communication Skills, Initiative, Planning/Organizing, Professionalism, High Emotional Intelligence.
EDUCATION & EXPERIENCE
Degree or Equivalent: Currently enrolled in an accredited law school with 2-3 years of completed legal education.
Specialized Training: Proficient in Microsoft Office Suite and legal research tools such as LexisNexis or Westlaw.
WORK ENVIRONMENT
Physical Demands: High computer work, office environment.
Work Conditions: Fast paced environment with competing priorities.
Temperament: High Emotional Intelligence with ability to manage difficult personalities.