We invite you to explore a future with us at PRA Group, a diverse and growing company that has a tangible impact on the global economy.
Position Summary:
Corporate Counsel for the Company, operating under the direction and supervision of the Assistant General Counsel - Corporate. This role focuses on corporate and commercial contracts; portfolio acquisitions—including contract review and negotiation related to the acquisition and sale of charged-off receivables, asset pools, or similar portfolios; as well as business acquisitions, business development, finance, real estate transactions, and related transactional matters.
Professional Experience/Qualifications:
- Juris Doctor Degree required.
- Minimum of 10 to 15 years of post-J.D. legal experience required in a sophisticated corporate law firm’s practice and/or in-house counsel practice.
- Financial services experience, with a focus on lending models, account origination, securitization, and chain of title experience.
- Asset sales or asset-backed securities experience.
- Preferred experience with portfolio acquisitions, including contract review and negotiation specific to the acquisition and sale of charged-off receivables, asset pools, or similar portfolios.
- Alternatively, strong experience in general contract review and negotiation will be considered.
- Legal experience should include acting as both lead and supporting counsel in contract review and negotiation, mergers and acquisition (M&A) transactions, securities offerings, new business entity formation and organization, corporate restructurings, business development work, dispute resolution, and domestic and international business transactions.
- Strong attention to detail required.
- Additional non-legal business and management experience preferred but not required.
- Familiarity with U.S. and state corporate laws.
Key Responsibilities:
- Draft, review, and negotiate corporate and commercial agreements on behalf of the Company and its subsidiaries.
- Draft, review, and negotiate agreements related to business acquisitions, including asset purchase agreements, stock purchase agreements, employment agreements for key personnel, engagement of outside advisors, and related documents.
- Review, analyze, negotiate, and revise purchase and sale agreements related to charged-off accounts and other portfolio acquisitions.
- Work directly with officers and management of the Company’s subsidiaries to provide transactional legal advice.
- Provide legal advice related to operational issues impacting Company subsidiaries.
- Oversee due diligence and document production processes in connection with business acquisitions.
- Provide legal assistance in financial transactions and securities offerings.
- Advise on the organization of new Company subsidiaries.
- Review and negotiate real estate purchase and sale contracts.
- Support formulation, interpretation, and administration of corporate policies and procedures.
- Oversee outside transactional counsel.
- Ensure compliance with applicable laws, regulations, and company policies.
Salary Range:
$118,000.00 - $188,000.00
PRA Group assesses market data to remain competitive. Actual compensation depends on factors such as skill set, experience, location, and market conditions. Benefits include performance bonuses, equity programs, paid time off, medical, dental, vision, 401k match, life insurance, and more.
All qualified applicants will receive consideration regardless of age, race, color, sex, gender, religion, national origin, disability, citizenship, or other protected classes. We are a drug-free workplace.
About Us
As a global leader in acquiring and collecting nonperforming loans, PRA Group helps expand financial services for consumers. With thousands of employees worldwide, we collaborate with customers to resolve debt. For more information, visit www.pragroup.com.