World Business Lenders, LLC

Asset Resolution Counsel

World Business Lenders, LLC

contract

Posted on:

Location Type: Remote

Location: Turkey

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About the role

  • - Manage and monitor a non-performing real estate collateralized commercial loan portfolio, including REO, toward most effective and efficient resolution
  • - Supervise, train and develop Asset Resolution Department staff
  • - Conduct proactive and effective portfolio management in accordance with established performance standards
  • - 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 that support the loss mitigation effort
  • - 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 and assessment
  • - Conduct comprehensive analysis of debtors' financial position, credit status, personal background, and historical payment performance
  • - Facilitate negotiation and conflict resolution
  • - Perform extensive quarterly review of portfolio being managed to confirm or reassess recovery estimates
  • - Monitor related expenses (taxes, maintenance, utilities, fees, etc.) and timely propose protective advances
  • - Participate in budget preparation for the Asset Resolution Department
  • - Other projects and duties as assigned.

Requirements

  • - Law degree (from a nationally accredited U.S. law school is a must)
  • - Experience working in commercial litigation/bankruptcy/foreclosure/real estate loss mitigation
  • - Demonstrated ability to successfully manage non-performing loan pools and REO
  • - Experience supervising/developing/mentoring a case management staff
  • - Litigation experience and familiarity with litigation management tools
  • - Strong organization, decision-making and negotiation skills
  • - Strong knowledge of applicable U.S. legal/regulatory guidelines, including bankruptcy and foreclosure (Experience working for a US company is a must)
  • - Demonstrated analytical and reasoning skills, and innovative approach to solving both practical and theoretical problems
  • - Proficiency in all Microsoft Office applications
  • - Strong work ethic with ability to thrive in a dynamic, deadline-driven environment
  • - You must have your own laptop or desktop to use (the company does not supply equipment)
  • - Excellent English fluency and communication skills, both written and verbal
Benefits
  • - CONTRACT/CONSULTANCY POSITION
  • - PTO Available
  • - USD salary
  • - 100% Work from home
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
commercial litigationbankruptcyforeclosurereal estate loss mitigationnon-performing loan managementREO managementlitigation managementfinancial analysistrend analysisMicrosoft Office
Soft Skills
organizationdecision-makingnegotiationanalytical skillsreasoning skillsconflict resolutionmentoringcommunication skillswork ethicadaptability
Certifications
law degree