Remote - Asset Resolution Counsel (Lawyer)
1 semana atrás
Remote - Asset Resolution Counsel (Lawyer) Posted 3 weeks ago. Be among the first 25 applicants. World Business Lenders (WBL) provides general purpose short‑term real estate collateralized commercial loans across the United States to small and medium sized businesses that lack access to traditional funding. WBL also services its own loan portfolio and third‑party portfolios, specializing in management of non‑performing loan pools and REO. WBL is a U.S.-based company with a 100% remote workforce and is currently offering a remote, contract/consultant position. Working hours are 9:00 am–6:00 pm Eastern Time, Monday through Friday. Resumes must be submitted in English. Location: 100% remote for candidates in Turkey, LATAM, and India. Essential Functions Manage and monitor a non‑performing real estate collateralized commercial loan portfolio, including REO, toward the most effective and efficient resolution. Supervise, train and develop Asset Resolution Department staff. Conduct proactive portfolio management in accordance with established performance standards. Monitor and manage commercial litigation, bankruptcy and foreclosure activities, functions and deadlines. Direct and liaise with in‑house and outside attorneys, collection agencies and other vendors that support the loss mitigation effort. Interact with customers and their counsel. Negotiate and propose settlement agreements and bidding instructions. Monitor loss‑mitigation workout performance and loss severity trends. Implement and communicate loss‑mitigation decisions. Maintain delinquency and loss‑mitigation reporting, including trend analysis and assessment. Conduct comprehensive analysis of debtors’ financial position, credit status, personal background, and historical payment performance. Facilitate negotiation and conflict resolution. Perform extensive quarterly review of portfolio being managed to confirm or reassess recovery estimates. Monitor related expenses (taxes, maintenance, utilities, fees, etc.) and timely propose protective advances. Participate in budget preparation for the Asset Resolution Department. Other projects and duties as assigned. Requirements Law degree from a nationally accredited U.S. law school (must). Experience in commercial litigation, bankruptcy, foreclosure or real estate loss mitigation. Demonstrated ability to successfully manage non‑performing loan pools and REO. Experience supervising or mentoring a case‑management staff. Litigation experience and familiarity with litigation management tools. Strong organizational, decision‑making and negotiation skills. Strong knowledge of applicable U.S. legal and regulatory guidelines, including bankruptcy and foreclosure (experience with a U.S. company required). Demonstrated analytical and reasoning skills, with an innovative approach to practical and theoretical problems. Proficiency in all Microsoft Office applications. Strong work ethic and ability to thrive in a dynamic, deadline‑driven environment. Must have own laptop or desktop (company does not supply equipment). Excellent English fluency and communication skills, both written and verbal. Benefits Contract/Consultancy position. Paid time off available. USD salary. 100% work from home. Seniority level: Entry Level. Employment type: Full‑time. Job function: Legal. Industries: IT services and IT consulting. #J-18808-Ljbffr
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Remote - Asset Resolution Counsel (Lawyer)
Há 22 horas
Rio de Janeiro, Brasil World Business Lenders, Llc Tempo inteiroAbout World Business Lenders ( ) World Business Lenders (WBL) provides general purpose short-term real estate collateralized commercial loans to a broad customer base comprised of small and medium sized businesses throughout the United States that lack access to traditional funding.WBL services its loan portfolio and loan portfolios for third parties,...
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