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New Jersey Housing and Mortgage Finance Agency Part-Time Legal Review Specialist in Trenton, New Jersey

Part-Time Legal Review Specialist

Location Trenton, NJ

Job Code 726

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NOTICE OF VACANCY

THE EXECUTIVE DIRECTOR OF THE NEW JERSEY HOUSING AND MORTGAGE FINANCE AGENCY INVITES APPLICATIONS FROM QUALIFIED CANDIDATES FOR THE FOLLOWING:

Job Title: Part-Time Legal Review Specialist

Salary Range: $60.00/Hour

Division: Loan Closings

FL Status: Non-Exempt

Issue Date: 5/8/24

Closing Date: 6/30/24

Union Status: Non-Union, Non-Exempt

Employment Status: Part time

JOB DESCRIPTION

Assist Paralegals and Loan Closings Division Staff with the review of legal agreements, including, but not limited to leases, contracts of sale, condominium documents, Development Agreements, PILOTs and operating agreements. Ability to review and comment on deficiencies in title commitments, pro forma policies and surveys. Ability to review loan commitments and board actions. Ability to craft language to protect the Agency and ensure compliance with Agency Statutes, Regulations and program guidelines. Ability to review and understand bond documents for conduit loan transactions. Interface with internal staff and external partners such as developers, investors, institutional lenders and their counsel. Ability to draft and review loan documents for multi-million-dollar multi-family transactions. Special projects as assigned by the Division Director. Must be organized and experienced in the review and analysis of real estate and financial legal documents. This is a hybrid 2-3 day/week position requiring some in-person and remote work.

MINIMUM REQUIREMENTS

Education / Experience:

Juris Doctorate; Background in real estate law, conduit and sophisticated lending experience preferred; or an equivalent combination of education and experience

Physical Demands: Non-physical

Working Conditions: This is a hybrid position requiring some in-person and remote work.

BENEFITS

NJHMFA provides a comprehensive benefit package which includes:

  • Medical, prescription, dental, vision & long term disability

  • FSA & HSA

  • Public Service Loan Forgiveness and Tuition Reimbursement

  • Public Employees' Retirement System (PERS)

  • Deferred compensation plans

  • Employee assistance services (EAS)

  • State employee discounts program

  • Paid personal, sick and vacation days

  • Paid holidays

  • Partial Telework

Residency in the State of New Jersey is required of all employees with an agency of the State in accordance with the New Jersey First Act, N.J.S.A. 52:14-7 (L. 2011, Chapter 70). Employees must comply with the “New Jersey First Act” which requires employees hired after September 1, 2011 to reside in New Jersey. Non-New Jersey resident employees must relocate to New Jersey within one year of their date of hire and provide proof of residency to Human Resources.

The NJHMFA is an Equal Opportunity Employer in compliance with all Federal, State and Local Regulations. NJHMFA provides equal employment opportunity to both individuals with veteran status and individuals with disabilities.

Must complete an Outside Activity Questionnaire (disclosure of outside office or employment) on an annual basis.

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