Arc Manager

World Business Lenders, Llc; Bogotá; Remote; COP 379,687,000 - 569,530,000; Full time

Benefits offered by this job

Compensation in USD

Paid time off (PTO)

Fully remote work

Job summary

World Business Lenders (WBL) is seeking an ARC Manager to lead a team of legal professionals handling litigation, foreclosure, bankruptcy, and other recovery matters on distressed commercial loans secured by real estate. The role oversees daily operations, deadlines, and coordination with internal stakeholders and external counsel.

Must hold a law degree with extensive experience and fluency in English. This fully remote position requires strong leadership, risk management, and cost-conscious

Qualifications

• Juris Doctor or equivalent law degree and license.
• 10+ years in litigation, foreclosure, bankruptcy, debt recovery, or creditor rights.
• Proven leadership of a legal team and portfolio management.

Responsibilities

• Lead a team handling litigation, foreclosure, bankruptcy, and other recovery matters.
• Allocate workloads, monitor deadlines, and ensure consistent case management across the portfolio.
• Coordinate with outside counsel on strategy, budgets, and expenditures.

Skills

Leadership

Legal analysis

Case management

Team coordination

English fluency

Education

Law degree

Tools

Microsoft Office

Job description

Overview

World Business Lenders (WBL) is a privately held portfolio lender specializing in real estate-secured business loans for underserved businesses. WBL operates with a fully remote, multinational workforce and an experienced executive leadership team.

Typically, the work schedule is from 9:00 AM to 6:00 PM Eastern Time, Monday through Friday, though additional hours may be required based on business needs.

About the Role

• The ARC Manager will lead and supervise a team of legal professionals responsible for managing litigation, foreclosure, bankruptcy, and other legal recovery matters involving non-performing commercial business loans secured by real estate.
• This role is responsible for coordinating daily legal operations, providing guidance on litigation and recovery strategies, monitoring case progress and deadlines, and ensuring consistent execution across the team's portfolio. The ARC Manager will work closely with internal stakeholders and external legal counsel to advance recovery objectives, manage legal risk, control costs, and support the efficient resolution of distressed commercial loan matters.
• The position requires strong legal knowledge, demonstrated team leadership experience, and the ability to oversee a high-volume litigation portfolio in a remote, international environment while aligning case management and recovery efforts with the Company's business objectives.

Key Responsibilities

• Lead and supervise a team of legal professionals responsible for litigation, foreclosure, bankruptcy, and other Asset Resolution matters involving distressed commercial business loans.
• Allocate workloads, establish priorities, monitor deadlines, and ensure timely and consistent case management.
• Provide legal guidance on foreclosure proceedings, breach of note and guaranty claims, bankruptcy, title disputes, receiverships, judgment enforcement, deficiency claims, and other creditor recovery matters.
• Monitor case progress, identify legal and operational risks, address delays, and elevate complex matters to senior management when appropriate.
• Review litigation strategies, settlement proposals, and recovery alternatives to support commercially sound decisions.
• Coordinate with outside counsel on case strategy, deadlines, legal documentation, performance, and legal expenditures.
• Collaborate with Asset Management, Credit, Servicing, Finance, Compliance, and Operations to prioritize cases and maximize recovery opportunities.
• Support settlement negotiations, loan modifications, discounted payoffs, restructurings, foreclosure sale recommendations, and related submissions to the Asset Resolution Committee and senior management, as applicable.
• Maintain accurate case records and reporting on portfolio activity, case aging, litigation progress, recoveries, legal expenses, and resolution outcomes.
• Identify opportunities to improve workflows, standardize procedures, enhance reporting, and increase operational efficiency.
• Ensure compliance with applicable legal requirements, internal policies, established procedures, and confidentiality standards.

Leadership

• Lead, mentor, and develop team members, establishing clear performance expectations and accountability.
• Provide ongoing feedback and guidance to strengthen legal analysis, prioritization, and case execution.
• Balance team capacity and resources to meet deadlines and changing portfolio priorities.
• Promote collaboration, ownership, sound judgment, and a results-oriented approach.
• Communicate team performance, significant case developments, resource needs, and potential risks to the SVP, Asset Management.
• Coordinate effectively with colleagues and stakeholders across different locations and time zones in a remote environment.

Requirements

Education

• Must hold a law degree or equivalent legal qualification from a recognized institution, with proof of qualification.

Required Experience

• 10+ years of experience in litigation, foreclosure, bankruptcy, debt recovery, creditor rights, or a related legal field.
• Demonstrated experience leading or supervising legal professionals and managing a substantial portfolio of cases, workloads, and deadlines.
• Experience overseeing litigation strategies, assessing legal risks, coordinating with outside counsel, and monitoring case progress.
• Strong legal analysis, case management, reporting, and stakeholder coordination skills.

Preferred Industry Experience

• Experience with U.S. foreclosure, default litigation, bankruptcy, or commercial creditor recovery matters.
• Background in commercial real estate lending, commercial lending, banking, financial services, specialty finance, or distressed commercial loan portfolios.
• Experience coordinating multi-jurisdictional litigation or working with law firms across multiple U.S. states.
• Familiarity with outside counsel management, legal invoice review, litigation budgets, and cost control.
• Experience with legal operations, workflow optimization, automation, and data-driven reporting.
• Experience collaborating with senior management and cross-functional teams in lending, financial services, or asset recovery.

Specific Technical Skills

• Knowledge of litigation, foreclosure, bankruptcy, and debt recovery case management.
• Ability to assess case strategies, allocate workloads, and monitor deadlines.
• Experience coordinating outside counsel and tracking legal costs.
• Proficiency in legal reporting, case-management systems, and Microsoft Office.

Must-Have Requirements

• Law degree or equivalent legal qualification from a recognized institution.
• Experience in litigation or related legal proceedings.
• Ability to prioritize competing demands, make sound decisions, and manage a high-volume caseload in a deadline-driven environment.
• Professional fluency in written and spoken English.
• Proficiency in Outlook and Teams for communication and collaboration.

Key Competencies

• Sound legal judgment and problem-solving.
• Team leadership and accountability.
• Attention to detail and prioritization.
• Stakeholder management and collaboration.
• Clear communication.
• Process improvement.

Work Requirements

• Must be available to work Monday–Friday, 9:00 AM – 6:00 PM Eastern Time.
• Must have a stable internet connection and professional remote working setup.
• Resume must be submitted in English to be considered.

Benefits

• Compensation in USD.
• Benefits include paid time off (PTO).
• Work Environment: Fully remote work environment.