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Legal Assistant

salary Salary :

$50,000 - 65,000 yearly

Job Description - Legal Assistant

NewtekOne®, Your Business Solutions Company®, is a financial holding company, which along with its bank and non-bank consolidated subsidiaries, provides a wide range of business and financial solutions under the Newtek® brand to the small- and medium-sized business ("SMB") market. Since 1999, Newtek has provided state-of-the-art, cost-efficient products and services and efficient business strategies to SMB relationships across all 50 states to help them grow their sales, control their expenses, and reduce their risk.


Newtek's and its subsidiaries' business and financial solutions include: banking (Newtek Bank, N.A.), Business Lending, Electronic Payment Processing, Technology Solutions (Cloud Computing, Data Backup, Storage and Retrieval, IT Consulting), eCommerce, Accounts Receivable Financing & Inventory Financing, Insurance Solutions, Web Services, and Payroll and Benefits Solutions.


Small Business Lending, LLC. is looking to add a Legal Assistant, to its team!


The Legal Assistant is responsible for assisting closing attorneys and paralegals in preparing loan closing packages in connection with U.S. Small Business Administration ("SBA") loans with focus on completing post-closing based tasks.


ESSENTIAL FUNCTIONS & RESPONSIBILITIES (other duties may be assigned as needed):



  • Assists closing attorneys and paralegals with document preparation;

  • Pulls reports required for closing;

  • Uploads documentation for borrower signature;

  • Conducts searches for closing;

  • Responsible for recording of collateral documents;

  • Conducts follow up for post-closing conditions;

  • Completes post-closing collateral checklist and updates checklist as documentation is received;

  • Assembles and completes disbursement reconciliation;

  • Assists with finalizing the perfection of vehicle titles;

  • Attend to the delivery of authenticated demand letters, confirming delivery, filing UCC-3 statements, and requesting updated lien position reports;

  • Conducts post-close searches on real estate;

  • Obtains recorded documents and title policies;

  • Submits documentation to the SBA for compliance;

  • Address and remedy any and all quality assurance exceptions;

  • Confirms that the post-closing file is in compliance with both internal and SBA requirements;

  • Other duties as assigned


KNOWLEDGE, SKILLS & ABILITIES:



  • Minimum of 1 years' experience in commercial loan closings;

  • Familiarity with commercial loan closing documentation;

  • Proficient with file management and PDF software, and MS Office suite;

  • Strong organization skills;

  • Ability to follow orders of senior legal staff


Salary range: $50,000 to $65,000 annually.


NewtekOne is an Equal Opportunity Employer; M/F/D/V. We require all of our employees to work in an ethical manner and uphold our Code of Business Conduct and Ethics at all times.

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