Litigation & Recovery Manager

PEAC Solutions; Mount Laurel Township (NJ); Hybrid; USD 120,000 - 140,000; Full time

Job summary

PEAC Solutions in Mt. Laurel, NJ is seeking a Litigation & Recovery Manager to lead the company’s distressed and defaulted equipment finance recovery efforts. This hands‑on role requires strong judgment, persistence, and commercial thinking, reporting to the Senior VP, General Counsel & Chief Compliance Officer.

You will oversee complex matters, manage outside counsel, coordinate with Legal, Credit, Asset Management, and Finance, and build a data‑driven recovery function with measurable outcomes.

Qualifications

• Bachelor’s degree required; JD or paralegal background a plus.
• 7+ years in commercial collections or litigation management.
• Equipment finance, bankruptcy, and repossession experience preferred.

Responsibilities

• Manage a portfolio of complex litigation, recovery, bankruptcy, repossession, deficiency, enforcement, fraud and other matters arising from equipment finance and leasing transactions.
• Develop and execute recovery strategies based on exposure, collateral value, obligor condition, and costs.
• Determine when matters should be negotiated, escalated to litigation, referred to outside counsel, settled, or written off with Legal alignment.
• Coordinate with Asset Management, Collections, Operations, and third‑party providers regarding recovery actions.
• Lead and manage a Litigation and Recovery team of ~6–8 employees, with coaching and performance management.

Skills

Negotiation

Communication

Documentation

Reporting

Organization

Education

Bachelor’s degree

Job description

Mt. Laurel, NJ, US

8 days ago Requisition ID: 1081

Salary Range: $120,000.00 To $140,000.00 Annually

Litigation Recovery Manager

We arePEAC Solutions—large enough to finance the globe, yet small enough to stand shoulder-to-shoulder with our customers. We believe in the power of partnership and the promise of possibility. Our purpose is to fuel growth by providing smart, flexible lending solutions that help businesses overcome obstacles and seize new opportunities. Backed by HPS Investment Partners, a leading global investment firm, we offer equipment financing, working capital, and inventory lending solutions that keep businesses moving forward. As the world’s largest independent equipment finance company, we are expanding our global footprint—and we are doing it with purpose, grit, and a commitment to those we serve.

You are someone who thrives in an environment where ambition meets action. You bring curiosity, resilience, and a strong sense of accountability. You see challenges as opportunities and believe in making an impact for customers, for your team, and for the business. If you are looking to be a part of a company that values partnership over hierarchy and purpose over routine, your next chapter could start here.

We are seeking an experienced Litigation & Recovery Managerto lead the Company’s litigation and recovery activities related to distressed and defaulted equipment finance transactions. This hands‑on role requires strong judgment, persistence, and commercial thinking. Reporting to the Senior Vice President, General Counsel & Chief Compliance Officer, the Litigation & Recovery Manager will develop and execute strategies to maximize recoveries, protect company assets, and resolve matters efficiently while balancing financial, legal, customer, and reputational considerations. This position oversees a portfolio of complex default, litigation, repossession, bankruptcy, deficiency, fraud, and other recovery matters and partners closely with Credit, Collections, Asset Management, Operations, Sales, Finance, Compliance, and Legal.

Essential Functions:

• Manage a portfolio of complex litigation, recovery, bankruptcy, repossession, deficiency, enforcement, fraud, and other matters arising from equipment finance and leasing transactions, including matters brought by or against the Company.
• Develop and execute recovery strategies based on exposure, collateral value, obligor financial condition, guarantees, documentation, jurisdiction, legal costs, timing, collectability, and expected recovery.
• Determine when matters should be negotiated, restructured, escalated to litigation, referred to outside counsel, settled, or recommended for write‑off, partnering with Legal leadership on significant, precedent‑setting, or higher‑risk matters.
• Ensure recovery actions are timely, commercially reasonable, appropriately documented, and consistent with Company policies and applicable law.
• Prepare and file civil complaints in the Philadelphia Court of Common Pleas; participate in in‑person and virtual hearings and settlement conferences; draft discovery responses; respond to subpoenas; and prepare estate claims, in coordination with Legal and as permitted based on the individual’s qualifications.
• Select and manage outside counsel and other third‑party recovery resources within established Company guidelines, setting expectations for strategy, timelines, budgets, reporting, and outcomes.
• Review legal invoices and evaluate outside counsel performance, including responsiveness, cycle time, cost‑effectiveness, and recovery results, while maintaining an effective network of counsel across relevant jurisdictions.
• Coordinate with Asset Management, Collections, Operations, and third‑party providers regarding repossession, surrender, remarketing, equipment disposition, deficiency claims, and post‑disposition recovery strategies.
• Manage bankruptcy and other complex default matters in coordination with internal and external counsel, including proofs of claim, relief from stay, restructuring strategies, equipment surrender, and other creditor remedies.
• Evaluate financially distressed obligors and matters involving suspected fraud, asset concealment, fraudulent transfers, documentation issues, or other unusual circumstances, escalating concerns appropriately.
• Lead and manage a Litigation and Recovery team of approximately six to eight employees, including coaching, workload prioritization, performance management, and professional development.
• Maintain accurate reporting on exposure, matter status, strategy, expected recovery, legal spend, key dates, and next actions; provide regular updates to Credit, Finance, Legal, and senior management regarding significant matters, trends, risks, and forecasts.
• Establish and monitor meaningful measures of effectiveness, including gross and net recoveries, recovery rates, recovery versus forecast, legal expense, time to resolution, matter aging, and outside counsel performance.
• Partner across Credit, Documentation, Operations, Asset Management, Collections, Sales, Finance, and Legal to identify root causes, strengthen underwriting and servicing practices, improve recovery effectiveness, and reduce future losses.
• Build a disciplined, data‑driven litigation and recovery function that balances appropriate controls with practical business judgment and consistently drives matters toward resolution.

Qualifications:

• Bachelor’s degree required. Legal education, training, or experience, including a JD or paralegal background, is a plus but not required.
• 7+ years of experience in commercial collections, litigation management, recovery, special assets, workout, equipment finance, commercial lending, or a related discipline.
• Equipment finance and leasing experience strongly preferred.
• Demonstrated knowledge of commercial finance documentation, secured transactions, guarantees, repossession, bankruptcy, litigation, settlements, and deficiency recovery.
• Experience managing outside counsel, legal expenses, and third‑party recovery resources.
• Ability to analyze financial exposure and make practical cost‑benefit decisions regarding recovery strategies.
• Strong negotiation, communication, documentation, reporting, and organizational skills.
• Ability to manage a significant caseload while distinguishing routine matters from those requiring immediate escalation.
• Strong judgment, commercial thinking, and the ability to clearly communicate risks, options, costs, and recommended actions.
• Demonstrated ability to take ownership, work with urgency and accountability, and build effective relationships across Legal, Credit, Operations, Finance, Asset Management, Collections, and Sales.
• Team leadership and performance‑management experience.

Additional Information:

• This is a hybrid position, based in our Mt. Laurel, NJ office, three days a week, with two days remote.

PEAC Solutions is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, ethnicity, disability, religion, national origin, gender, gender identity, gender expression, marital status, sexual orientation, age, protected veteran status, or any other characteristic protected by federal, state, or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

The successful candidate will receive competitive compensation along with our benefit package which includes medical, dental, vision, life insurance, short and long‑term disability, 401(k) with match, flexible spending, and paid time off. PEAC provides one paid day off per year to support community involvement. Celebrate you by also having off your birthday on us!