Fully Remote Asset Resolution Counsel - Real Estate NPLs

World Business Lenders, LLC; United States; Remote; USD 120,000 - 180,000; Full time

Benefits offered by this job

Fully remote — work from anywhere

USD compensation

Paid Time Off (PTO)

Job summary

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.

Qualifications

• 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.

Responsibilities

• 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.

Skills

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

Education

Law degree

Tools

Microsoft Excel

Loan servicing systems

Case management platforms

PACER

State & federal court docket systems

Salesforce

SharePoint

Monday.com

AI-assisted legal tools

Job description

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.