World Business Lenders, LLC
Finance • B2B • Fintech
World Business Lenders, LLC is a direct lender that specializes in providing real-estate secured business loans to small-to-medium-sized businesses. The company focuses on serving under-served businesses that lack access to traditional funding, facilitating access to capital for business expansion and growth. With a strong management team experienced in financial services, World Business Lenders offers working capital solutions to foster the development of successful small businesses.
Asset Resolution Counsel – Lawyer
Job not on LinkedIn
October 16
World Business Lenders, LLC
Finance • B2B • Fintech
World Business Lenders, LLC is a direct lender that specializes in providing real-estate secured business loans to small-to-medium-sized businesses. The company focuses on serving under-served businesses that lack access to traditional funding, facilitating access to capital for business expansion and growth. With a strong management team experienced in financial services, World Business Lenders offers working capital solutions to foster the development of successful small businesses.
📋 Description
• 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 ($3000 negotiable) • 100% Work from home
Apply Now