Remote - Asset Resolution Counsel (Lawyer)

2 hours, 28 minutes ago
World Business Lenders

World Business Lenders

World Business Lenders provides short-term loans to small businesses, focusing on their ability to repay rather than the owner's credit score, thereby facilitating access to working capital for equipment purchases and expansion efforts.

Real Estate
251-1K
Founded 2011
$25M raised

Description

  • Manage and monitor a non-performing real estate collateralized commercial loan portfolio, including REO, to achieve efficient resolution.
  • Supervise, train, and develop Asset Resolution Department staff.
  • Oversee commercial litigation, bankruptcy, and foreclosure activities, deadlines, and related case management.
  • Direct and liaise with in-house and outside attorneys, collection agencies, and other vendors supporting loss mitigation efforts.
  • Interact with customers and their counsel to facilitate resolution, negotiation, and conflict management.
  • Negotiate settlement agreements and provide bidding instructions as part of workout and recovery efforts.
  • Monitor loss mitigation performance, delinquency trends, and loss severity, and maintain related reporting and analysis.
  • Conduct detailed analysis of debtors’ financial condition, credit status, background, and payment history.
  • Review portfolio performance quarterly to confirm or reassess recovery estimates and identify needed actions.
  • Monitor related expenses such as taxes, maintenance, utilities, and fees, and propose protective advances when needed.

Requirements

  • Law degree from a nationally accredited U.S. law school.
  • Experience in commercial litigation, bankruptcy, foreclosure, or real estate loss mitigation.
  • Proven ability to manage non-performing loan pools and REO assets.
  • Experience supervising, developing, or mentoring case management staff.
  • Litigation experience and familiarity with litigation management tools.
  • Strong organization, decision-making, and negotiation skills.
  • Strong knowledge of applicable U.S. legal and regulatory guidelines, including bankruptcy and foreclosure.
  • Demonstrated analytical and reasoning skills with an innovative problem-solving approach.
  • Proficiency in all Microsoft Office applications.
  • Excellent English fluency and communication skills, both written and verbal.
  • Experience working for a U.S. company is required.
  • Must have your own laptop or desktop, as equipment is not provided by the company.
  • Availability to work remotely from Turkey, LATAM, or India during 9:00am–6:00pm Eastern Time, Monday through Friday.

Benefits

  • Contract/consultancy position.
  • PTO available.
  • USD salary.
  • 100% work-from-home arrangement.

Interested in this position?

Apply directly on the company website

Apply Now

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