Attorney - Private Real Estate Credit Group

Neuberger Berman; Chicago (IL); On-site; USD 115,000 - 150,000; Full time

Job summary

An established industry player is seeking a talented Attorney to join their dynamic Legal and Compliance Department in Chicago. In this pivotal role, you will ensure that the Private Real Estate Credit Group operates within a robust legal framework, facilitating compliant investment operations. You will manage legal documentation, oversee fund-related entities, and support due diligence processes. This is a fantastic opportunity for someone with a Juris Doctorate and a passion for real estate law to thrive in a collaborative environment while making a significant impact on investment activities. Join a forward-thinking firm that values your expertise and offers a comprehensive benefits package.

Benefits

Paid Time Off

Medical/Dental/Vision Insurance

401(k)

Life Insurance

Discretionary Bonus

Qualifications

• 1-2 years of experience as a lawyer with corporate law focus.
• Experience in reviewing, drafting, and negotiating contracts.

Responsibilities

• Provide legal support for loan trading processes and document management.
• Manage legal databases and ensure compliance with regulations.

Skills

Verbal Communication

Written Communication

Contract Negotiation

Corporate Law Knowledge

Real Estate Knowledge

Attention to Detail

Project Management

Education

Juris Doctorate

Tools

Microsoft Office 365

Job description

Neuberger Berman, a leading global asset manager, is seeking an Attorney to join our dynamic Legal and Compliance Department in Chicago. In this role, you will play a pivotal role in ensuring that our Private Real Estate Credit Group operates within a robust legal framework, facilitating seamless and compliant investment operations.

The Private Real Estate Credit Group is engaged in purchasing residential mortgage loans and other real estate-related assets, managing loan portfolios, and trading activities associated with these assets. The team assesses and manages investment risks, performs due diligence on potential acquisitions, and optimizes loan portfolio performance, including through the use of leverage and securitizations.

Key Responsibilities:

• Provide comprehensive legal support to facilitate the whole loan trading process, ensuring the accurate execution and delivery of trade documents, notices, and related materials.

• Oversee the organization of all fund-related entities, manage secretary of state filings, formations, annual reports, and management of registered agents, and ensure effective internal record-keeping

• Manage and update all legal databases and other records related to fund documents, agreements, assets, and corporate structures.

• Support the due diligence process for loan acquisitions, focusing on title and survey issue resolution and regulatory compliance.

• Draft, review, and negotiate contracts for loan acquisitions, sales, and servicing agreements, ensuring compliance and protection of the firm's interests.

• Ensure all investment activities adhere to applicable laws and regulations, including state and federal mortgage lending and servicing laws.

• Identify and mitigate legal risks associated with residential loan investments, including foreclosure processes and loss mitigation strategies.

• Provide legal support in handling disputes or litigation, including foreclosure proceedings and other legal actions, related to the loan portfolio.

Qualifications:

• Juris Doctorate.

• 1-2 years of experience as a lawyer.

• Basic knowledge of corporate law, including corporate governance, compliance, and regulatory requirements.

• Experience with real estate and lending is ideal.

• Experience in reviewing, drafting, and negotiating contracts and agreements.

• Demonstrated ability to provide high-quality service and build strong relationships with clients.

• Strong verbal and written communication skills.

• Ability to work independently and collaboratively within a team environment.

• Well- organized with strong attention to detail.

• Capacity to manage and prioritize multiple projects and deadlines.

• Proficient in the Microsoft Office 365 suite.

#LI-DNI

Compensation Details

The salary range for this role is $115,000-$150,000. This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. This range is only applicable for jobs to be performed in the job posting location. An employee’s pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, business sector, performance, shift, travel requirements, sales or revenue-based metrics, market benchmarking data, any collective bargaining agreements, and business or organizational needs. This job is also eligible for a discretionary bonus, which, along with base salary and retirement contributions, is part of our total comprehensive package. We offer a comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401(k), life insurance and other benefits to eligible employees. Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, production, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.

Neuberger Berman is an equal opportunity employer. The Firm and its affiliates do not discriminate in employment because of race, creed, national origin, religion, age, color, sex, marital status, sexual orientation, gender identity, disability, citizenship status or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact [e-mail] .

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