Overview
Commercial Lending Legal Specialist Jobs in Toronto, Ontario, Canada at Loopstra Nixon LLP
Loopstra Nixon LLP is a
dynamic
team of client-focused lawyers who play a pivotal role in shaping the landscape of business and public law in Canada. With a commitment to delivering
exceptional service
through tailored client solutions, our top-tier team of legal talent possesses unique and
diverse
skillsets, ensuring that clients can rely on us for any and every issue pting swiftly and always on call, Loopstra Nixon has evolved since its humble beginnings in a storefront office in Toronto, reaching its 50th year in 2023.
Founded by Charles Loopstra and Sandy Nixon, the firm’s growth has been fueled by ambition, hard work, and an
entrepreneurial spirit
.
We are currently seeking an experienced Commercial Lending Law Clerk to join our Downtown office. The successful candidate will provide essential support in commercial lending matters. We are looking for a dedicated professional with a keen eye for detail, a strong understanding of lending procedures, and three years of experience in a similar position.
What you will be doing:
Draft and review loan documentation, including loan agreements, security documents, and related legal documents.
Conduct due diligence checks such as property searches on the Teraview platform, corporate, 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 mortgages, 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.
Proficiency in Teraview.
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).Loopstra Nixon is an
equal opportunity employer
committed to fostering an
inclusive
, equitable, and accessible environment. In accordance with the Accessibility for Ontarians with Disabilities Act, 2005, we are dedicated to providing accommodations throughout the recruitment process. If you require any accommodations, please notify us, and we will work with you to meet your needs.
Title: Commercial Lending Legal Specialist
Company: Loopstra Nixon LLP
Location: Toronto, Ontario, Canada
Category: Law/Legal, Finance & Banking
