Asset Resolution Counsel

🔥 12 hours ago

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World Business Lenders, LLC

WebsiteLinkedInAll Job Openings

201 - 500 employees

💸 Finance

🤝 B2B

💳 Fintech

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 preferred). • Experience working in commercial litigation, bankruptcy, foreclosure, and real estate loss mitigation • Experience successfully 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 • Experience working for a U.S.-based company. • Key Soft Skills: The ideal candidate will demonstrate: • Strategic Decision Making • Commercial Lending & Real Estate Expertise • Portfolio & Risk Management • Financial Analysis & Business Acumen • Litigation & Bankruptcy Management • Negotiation & Conflict Resolution • Leadership & Team Development • Vendor & Outside Counsel Management • Executive Communication & Presentation Skills • Data-Driven Decision Making • Process Improvement & Operational Excellence • Exceptional Written and Verbal English Communication Skills • Professional, Personable, and Customer-Focused Interpersonal Skills • Sound Judgment, Integrity, and Accountability • Technical Skills: *The successful candidate should demonstrate proficiency in the following:* • Strong proficiency in Microsoft Office Suite, particularly Excel (pivot tables, formulas, data analysis, and reporting), Word, Outlook, and PowerPoint. • Experience working with loan servicing systems, case management platforms, or asset management software used to administer commercial loan portfolios. • Ability to interpret and analyze: • Promissory Notes • Mortgages and Deeds of Trust • Loan Agreements • Guaranties • UCC filings • Assignments of Rents • Security Agreements • Title commitments and title policies • Familiarity with commercial foreclosure, bankruptcy, receivership, and litigation management platforms. • Experience reviewing and analyzing: • Property valuations and appraisals • Environmental reports • Financial statements and tax returns • Business cash flow • Borrowing base reports • Credit reports • Ability to prepare and evaluate: • Recovery analyses • Settlement recommendations • Litigation budgets • Protective advance requests • Reserve analyses • Working knowledge of **PACER**, state and federal court docket systems, Secretary of State business entity databases, UCC filing systems, county land records, and tax assessor websites. • Experience utilizing** business intelligence and reporting tools** to monitor portfolio performance, recovery trends, legal spend, and key performance indicators (KPIs). • Familiarity with** eDiscovery, electronic document management systems, **and** secure document sharing platforms. ** • Experience working with **Monday.com, Salesforce, SharePoint, or similar workflow/project management systems** is preferred. • Ability to leverage** AI-assisted legal research, document review, contract analysis, and productivity tools** (such as Microsoft Copilot, ChatGPT Enterprise, Westlaw Precision AI, or Lexis+ AI) while maintaining attorney judgment and confidentiality. • Strong understanding of data security, confidentiality, and regulatory requirements applicable to commercial lending and legal operations.

🏖️ Benefits

• **Ready to Apply?** • *If this sounds like you, we'd love to hear from you - submit your CV in English and hit ****Apply!***