Commercial Lending Law Clerk

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 at hand. Adapting 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. As a member of our dynamic team, the successful candidate will offer crucial support to our lawyers, offering crucial support to our Banking & Financial Services department. We are looking for a dedicated professional with a keen eye for detail, a strong understanding of lending procedures and 3 years of experience in a similar position. What you will be doing: Draft and review loan documentation, including loan agreements, security documents, promissory notes, and related legal documents. Conduct due diligence checks such as property, 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 private mortgages, deeds, 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. Strong 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).