Legal Specialist - Complex Business Structures

Overview:

Texas Capital’s legal department is a close-knit team that works together in a fast-paced professional environment. We have expertise in a wide array of legal fields and have decades of collective experience providing world class legal services in private law firms and in-house legal departments. We strive for excellence and are looking to add another valuable asset to our team.

We are transforming how we manage clients’ business entity documentation and authority across critical areas: onboarding complex client business structures as well as ongoing authority management, with an emphasis on commercial real estate, energy fund sponsors, private wealth and treasury services.

We are building a relationship-level operating model to improve client experiences, increase our expertise in managing complex business structures, and improve the onboarding and ongoing relationship support we offer. We aim to gain efficiencies by eliminating redundant processes while preserving legal requirements.

A successful person in this role will understand complex business structures and their governing documents, including nested entities and multi-level entities, real estate-specific and infrastructure-specific investment structures, investment funds, fund sponsors, family office and wealth management structures, and private equity structures. This will be the governance and documentation specialist Texas Capital needs: a result-oriented person with a strong degree of common sense and practical problem-solving ability who reviews governing documents for control and authority, maintains accurate systems of record, flags risks and exceptions, and partners across legal, compliance, operations, and credit teams. This person will be resourceful, communicative, dependable, and excellent at interacting with teams across the firm.

• Read, analyze and confirm legal authority delegated under business organization constituent documents (operating agreements, limited partnership agreements, corporate bylaws, articles of incorporation, trust agreements, resolutions, secretary certificates and incumbency certificates).
• Construct and maintain legal structure charts for complex business structures, including nested entities, sponsor families, commercial real estate and private fund structures, and multi-SPV clients.
• Build and maintain authority matrices: distinguish entity-level legal representatives, bank-authorized signers, treasury approvers, and digital preparers with documented evidence and effective dates.
• Prepare standardized entity documentation packages for account opening, lending clients and delegated authority/entitlements.
• Flag and route refresh triggers (ownership changes and other changes of control, new GPs/trustees, expired documents, credit structure changes) to internal stakeholders.
• Track open items, coordinate customer document corrections, and maintain accurate systems of record.
• Coordinate across legal, compliance, treasury, operations, and credit stakeholders regarding documentation and authority matters.
• Contribute to policy development: setting consistent client expectations, standardized document acceptance criteria, and authority escalation processes.
• Raise exceptions and novel structures through appropriate approval channels.

About Texas Capital

Texas Capital is built to help businesses and their leaders. Our depth of knowledge and expertise allows us to bring the best of large financial services firms at a scale that works for our clients, with highly experienced team members who truly invest in people’s success – today and tomorrow.

While we are rooted in core financial products and services, we are differentiated by our approach. Our team members are seasoned financial experts who possess deep experience across a multitude of industries. Equally important, they bring commitment - investing the time and resources to understand our clients’ immediate needs, identify market opportunities and meet long-term objectives. At Texas Capital, we do more than build business success. We build long-lasting relationships.  

Texas Capital provides a variety of benefits to colleagues, including health insurance coverage, wellness program, fertility and family building aids, life and disability insurance, retirement savings plans with a generous 401k match, paid leave programs, paid holidays, and paid time off.

Headquartered in Dallas with offices in Austin, Fort Worth, Houston, Plano, Richardson, San Antonio and Southlake, Texas Capital was named Best Regional Bank in 2024 by Bankrate and was named to The Dallas Morning News’ Dallas-Fort Worth metroplex Top Workplaces 2023 and GoBankingRate’s 2023 list of Best Regional Banks. For more information about joining our team, please visit us at www.texascapitalbank.com.  

Responsibilities:

Complex Entity Onboarding and Ongoing Management

• Read, analyze and confirm legal authority delegated under business organization constituent documents (operating agreements, limited partnership agreements, corporate bylaws, articles of incorporation, trust agreements, resolutions, secretary certificates and incumbency certificates).

• Construct and maintain legal structure charts for complex business structures, including nested entities, sponsor families, commercial real estate and private fund structures, and multi-SPV clients.

• Build and maintain authority matrices: distinguish entity-level legal representatives, bank-authorized signers, treasury approvers, and digital preparers with documented evidence and effective dates.

• Prepare standardized entity documentation packages for account opening, lending clients and delegated authority/entitlements.

• Flag and route refresh triggers (ownership changes and other changes of control, new GPs/trustees, expired documents, credit structure changes) to internal stakeholders.

• Track open items, coordinate customer document corrections, and maintain accurate systems of record.

• Coordinate across legal, compliance, treasury, operations, and credit stakeholders regarding documentation and authority matters.

• Contribute to policy development: setting consistent client expectations, standardized document acceptance criteria, and authority escalation processes.

• Raise exceptions and novel structures through appropriate approval channels.

Qualifications

• Paralegal, JD or equivalent experience: experience in financial services, entity formation and delegations of authority, or equivalent experience will be strongly considered.

• 3+ years of experience with entity formation, working with constituent documents, fund structures, bank operations or complex commercial KYC/onboarding.

• Domain experience is a plus: real estate finance, fund formation and administration, commercial banking onboarding, mortgage banking, or similar financial services experience.

• Competent in legal document analysis, business organization governing documents, workflow coordination, exception handling.

• Ability to trace ownership and control structures through multiple layers (funds, general partners, management companies, special purpose entities).

• Coachable, strong desire to learn and improve.

• Familiarity with corporate and business authority, beneficial ownership concepts, and KYC, KYB and AML.

• Responsible, conscientious, well-organized, and comfortable owning systems of record rather than relying on ad-hoc email threads.

• Takes ownership in coordinating across legal, compliance, treasury, operations, and credit teams.

• Strong written communication: you can write concise emails and prepare logical, easy-to-understand business documentation packets.

• Takes the initiative and executes with appropriate urgency in a client-focused, deadline-oriented environment.

• Excellent listening skills and a team player.

• Demonstrated clarity in written and spoken expression.

• Organizational skills and attention to detail required to handle diverse and concurrent assignments.

• Must be able to work at a computer for extended periods of time.

The duties listed above are the essential functions, or fundamental duties within the job classification.  The essential functions of individual positions within the classification may differ. Texas Capital Bank may assign reasonably related additional duties to individual employees consistent with standard departmental policy.Texas Capital is an Equal Opportunity Employer.