Principal Creditors Rights Counsel
Builders Capital
full-time
Posted on:
Location Type: Remote
Location: Remote • 🇺🇸 United States
Visit company websiteJob Level
Lead
About the role
- Lead legal in assessing and restructuring distressed and non-performing loans and enforcing lender rights under loan documents and applicable law.
- Evaluate loan documentation to identify enforcement options, collateral rights, and default remedies.
- Lead legal in assessing and restructuring distressed and non-performing loans and enforcing lender rights under loan documents and applicable law.
- Draft, review, and negotiate workout and enforcement documents such as forbearance agreements, loan modification agreements, deeds-in-lieu, and settlement agreements.
- Lead legal oversight of foreclosure proceedings, loan enforcement actions, and REO (real estate owned) asset recoveries.
- Coordinate and manage outside counsel in judicial and non-judicial foreclosure, bankruptcy, and litigation matters.
- Lead legal in disposition strategies for loan collateral, including legal aspects of REO sales.
- Provide legal input on credit risk, borrower negotiations, and collateral evaluations.
- Ensure compliance with federal, state, and local laws affecting real estate lending, enforcement, and collections.
- Assist on special projects, as needed.
Requirements
- 8+ years of experience handling commercial real estate finance transactions and loan enforcement matters.
- Deep understanding of real estate loan documentation secured transactions, and creditors’ rights.
- Familiarity with loan servicing, and loss mitigation strategies.
- Proven experience in managing complex legal matters related to distressed real estate loans.
- Excellent negotiation, drafting, and problem-solving skills.
- Ability to collaborate across departments in a deadline-driven, high-volume environment.
- J.D. from an accredited law school; admitted to practice and in good standing in at least one U.S. State Bar, with a preference for one the following states: California, Washington, Florida or Texas.
- Exceptional leadership and interpersonal capabilities.
- Superior written and verbal communication skills.
- Strong analytical abilities and strategic problem-solving aptitude.
- Commitment to delivering top-tier client service and maintaining professional integrity.
Benefits
- **Innovative Environment:** Join a forward-thinking company at the forefront of the construction finance industry with access to cutting-edge technology and resources.
- **Work Flexibility:** Enjoy a flexible work environment where you can balance team leadership with your personal life.
- **National Impact:** Be part of a nationwide operation that’s shaping the future of construction financing and making a difference for builders, developers, and homeowners across the U.S.
- **Health Insurance** – We’ve got you covered! Builders Capital pays 100% of your medical insurance premiums to keep you healthy and stress-free, offering a PPO and HSA plans.
- **Competitive Compensation** – We offer **competitive wages** that reward your expertise and hard work.
- **Paid Time Off** – Take time to recharge with **3 weeks of paid time** off each year.
- **Paid Holidays** – Enjoy 10 paid holidays throughout the year so you can spend quality time with family, friends, or doing whatever you love.
- We’re here to support you both professionally and personally—because when you thrive, we all thrive.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
loan documentationsecured transactionscreditors’ rightsworkout documentsforbearance agreementsloan modification agreementsforeclosure proceedingsbankruptcylitigationREO asset recoveries
Soft skills
negotiationdraftingproblem-solvingcollaborationleadershipinterpersonal skillswritten communicationverbal communicationanalytical abilitiesstrategic problem-solving
Certifications
J.D.admitted to practice in U.S. State Bar