Asset Resolution Counsel

World Business Lenders, LLC

United States

Remoto

USD 120.000 - 180.000

Tempo pieno

14 giorni+

Generatore di candidature

Non inviare un curriculum generico — genera un curriculum e una lettera di presentazione personalizzati per questo specifico impiego.

Supera i filtri ATS

Vantaggi offerti da questo lavoro

Fully remote — work from anywhere

USD compensation

Paid Time Off (PTO)

Descrizione del lavoro

World Business Lenders, LLC is seeking an Asset Resolution Counsel to lead the legal strategy for a portfolio of non-performing real estate-secured loans. You will coordinate with in-house and outside counsel, manage litigation, bankruptcy, and foreclosure activities, and drive loss mitigation initiatives.

The role requires a Law degree and extensive experience in commercial litigation, real estate loss mitigation, and managing NPL/REO portfolios.

Competenze

Law degree from a nationally accredited U.S. law school.
Experience in commercial litigation, bankruptcy, foreclosure, and real estate loss mitigation.
Experience managing non-performing loan (NPL) pools and REO portfolios.
Experience supervising, developing, and mentoring case management staff.
Litigation experience and familiarity with litigation management tools.

Mansioni

Manage and monitor a non-performing real estate collateralized commercial loan portfolio, including REO, toward resolution.
Supervise, train and develop Asset Resolution Department staff.
Monitor and manage commercial litigation/bankruptcy/foreclosure activities, functions and deadlines.
Direct/monitor/liaise with in-house and outside attorneys, collection agencies and other vendors.
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.
Conduct comprehensive analysis of debtors’ financial position and payment history.
Facilitate negotiation and conflict resolution.
Perform quarterly portfolio reviews to confirm recovery estimates.

Conoscenze

Strategic Decision Making

Commercial Lending & Real Estate

Portfolio & Risk Management

Financial Analysis

Litigation Management

Negotiation

Leadership & Team Development

Vendor Management

Executive Communication

Data-Driven Decision Making

Process Improvement

English Communication

Formazione

Law degree

Strumenti

Microsoft Excel

Loan servicing systems

Case management platforms

PACER

State & federal court docket systems

Salesforce

SharePoint

Monday.com

AI-assisted legal tools

Descrizione del lavoro

About 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, specializing in the management of non-performing loan pools and REO.

Overview

The Asset Resolution Counselis responsible forleading the legal strategy, portfolio management, and resolution efforts for a portfolio of non-performing commercial loans secured primarily by real estate. This role serves as a strategic business partner responsible for maximizing recoveries while minimizing legal risk,lossseverity, and resolution timelines.
Working collaboratively with internal stakeholders, outside counsel, loan servicing teams, and borrowers, the Asset Resolution Counsel develops and executes resolution strategies through negotiation, restructuring, litigation, foreclosure, bankruptcy, receivership, REO disposition, and other loss mitigation initiatives.
Thisposition requires sound legal judgment, strong financial and analytical skills, and the ability to balance businessobjectiveswith legal and regulatory compliance.

Essential Functions:

Manage and monitor a non-performing real estate collateralized commercial loan portfolio, including REO, toward most effective and efficient resolution
Supervise, train and develop Asset Resolution Department staff
Conduct proactive and effective portfolio management in accordance with established performance standards
Monitor and manage commercial litigation/bankruptcy/foreclosure activities, functions and deadlines
Direct/monitor/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.
Education:
- Law degree (from a nationally accredited U.S. law school ispreferred).
Experience:
- Experience working in commercial litigation, bankruptcy, foreclosure, and real estate loss mitigation
- Experience successfully managing non-performing loan (NPL) pools and REO portfolios
- Experience supervising, developing, and mentoring case management staff
- Litigation experience and familiarity with litigation management tools
- Experience working for a U.S.-based company.

Key Soft Skills:

The ideal candidate willdemonstrate:

Strategic Decision Making
Commercial Lending & Real Estate Expertise
Portfolio & Risk Management
Financial Analysis & Business Acumen
Litigation & Bankruptcy Management
Negotiation & Conflict Resolution
Leadership & Team Development
Vendor & Outside Counsel Management
Executive Communication & Presentation Skills
Data-Driven Decision Making
Process Improvement & Operational Excellence
Exceptional Written and Verbal English Communication Skills
Professional, Personable, and Customer-Focused Interpersonal Skills
Sound Judgment, Integrity, and Accountability

Technical Skills:

The successful candidate shoulddemonstrateproficiencyin the following:

StrongproficiencyinMicrosoft Office Suite, particularly Excel (pivot tables, formulas, data analysis, and reporting), Word, Outlook, and PowerPoint.
Experience working withloan servicing systems, case management platforms, or asset management software used to administer commercial loan portfolios.
Ability to interpret and analyze:
- Promissory Notes
- Mortgages and Deeds of Trust
- Loan Agreements
- Guaranties
- UCC filings
- Assignments of Rents
- Security Agreements
- Title commitments and title policies
- Familiarity withcommercial foreclosure, bankruptcy, receivership, and litigation management platforms.
Experience reviewing and analyzing:
- Property valuations and appraisals
- Environmental reports
- Financial statements and tax returns
- Business cash flow
- Borrowing base reports
- Credit reports
Ability to prepare and evaluate:
- Recovery analyses
- Settlement recommendations
- Litigation budgets
- Protective advance requests
- Reserve analyses
Working knowledge ofPACER, state and federal court docket systems, Secretary of State business entity databases, UCC filing systems, county land records, and tax assessor websites.
Experienceutilizingbusiness intelligence and reporting toolstomonitorportfolio performance, recovery trends, legalspend, and key performance indicators (KPIs).
Familiarity witheDiscovery, electronic document management systems, and secure document sharing platforms.
Experience working withMonday.com, Salesforce, SharePoint, or similar workflow/project management systemsis preferred.
Ability toleverageAI-assisted legal research, document review, contract analysis, and productivity tools(such as Microsoft Copilot, ChatGPT Enterprise, Westlaw Precision AI, or Lexis+ AI) whilemaintainingattorney judgment and confidentiality.
Strong understanding of data security, confidentiality, and regulatory requirements applicable to commercial lending and legal operations.