Senior Vice President, Deputy General Counsel – Head of Asset Resolution Department

🔥 13 hours ago

🏖️ New Jersey, New York, +3 more states – Remote

🏖️ New Jersey – Remote 🗽 New York – Remote 🏰 Missouri – Remote 🔔 Pennsylvania – Remote 🤠 Texas – Remote

💵 $150k / year

⏰ Full Time

🟠 Senior

⚖️ Legal Counsel / General Counsel

👻 Ghost score 0%

What it means: how likely this posting is sitting open without active hiring.How to read it: 60% or higher means we think this is a ghost. Lower scores are less of a worry.How we score it: age, reposts, open roles vs team size, how fast jobs close, and whether pay is listed.Fine print: an estimate from public data, not a judgment of the company. Real jobs can score high, so treat it as a hint, not a fact.

Apply Now

Find Similar Remote Jobs

Set Up Email Alert For New Jobs

📊 Check your resume score for this job

Improve your chances of getting an interview by checking your resume score before you apply.

Upload Resume

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

• Provide executive leadership and legal oversight for the Company’s Asset Resolution Department • Direct nationwide default litigation and other legal recovery strategies • Oversee Asset Resolution counsel and manage outside counsel relationships • Lead legal recovery strategies across foreclosure, bankruptcy, breach of note and guaranty lawsuits, title claims, receivership, loan workouts, deed-in-lieu transactions, judgment enforcement, and collateral liquidation • Oversee the legal team’s strategy, workload distribution, performance, and consistency of execution • Oversee an active portfolio of approximately 342 Asset Resolution cases • Set outside-counsel litigation strategy, manage legal spending, monitor performance, review invoices, and ensure regulatory alignment • Manage existing outside law firms and identify, evaluate, retain, and oversee new firms • Partner with Executive Leadership, Credit, Servicing, Finance, Compliance, and Operations to assess risk and maximize distressed-asset recoveries • Provide oversight of preservation, insurance compliance, lien protection, title matters, and disposition strategies • Oversee complex enforcement matters involving deficiency judgments, guarantor collections, fraudulent transfers, bankruptcy proceedings, and contested foreclosures • Negotiate and oversee settlements, restructurings, loan modifications, discounted payoffs, and other resolution strategies • Support submissions to the Asset Resolution Committee and Executive Leadership • Develop executive reporting and portfolio analytics covering recoveries, legal expenditures, asset aging, charge-offs, litigation trends, and performance • Establish policies, procedures, metrics, and accountability standards • Advance workflow automation, reporting enhancements, and operational standardization • Lead, mentor, and develop 10 Asset Resolution counsels and 6 support staff • Provide strategic direction rather than direct case management • Promote accountability, collaboration, strategic problem-solving, and client-focused decision-making

🎯 Requirements

• Must hold a Juris Doctor (J.D.) from an accredited U.S. law school • Must maintain an active license to practice law in at least one U.S. jurisdiction in good standing • Demonstrated experience managing or overseeing a high-volume litigation portfolio • 10+ years of substantive legal experience • Proven experience overseeing multi-state foreclosure and default litigation • Strong understanding of varying state foreclosure procedures, court requirements, timelines, lien priority, title issues, and applicable creditor/debtor laws • Substantial experience with bankruptcy proceedings, breach of note and guaranty claims, title disputes, deficiency claims, receiverships, judgment enforcement, contested litigation, and other creditor recovery matters • Experience managing, supervising, and developing attorneys and legal support personnel • Experience selecting, retaining, managing, and evaluating outside counsel • Experience developing and implementing litigation, settlement, and recovery strategies • Ability to review and analyze settlement proposals, foreclosure sale strategies, and bidding instructions • Ability to analyze large volumes of case and portfolio data • Experience with legal case-management systems, litigation tracking platforms, Microsoft Office/Excel, reporting tools, and legal research platforms • Strong judgment and ability to identify litigation risk, evaluate recovery alternatives, make commercially sound recommendations, and balance legal risk against recovery objectives and cost • Ability to operate effectively in a high-volume, deadline-driven environment while maintaining accuracy, responsiveness, confidentiality, and professional judgment • Experience working directly with C-suite executives, senior business leaders, committees, and cross-functional stakeholders • Preferred: experience leading a national or multi-state foreclosure/default litigation function • Preferred: experience overseeing a portfolio of 300+ active litigation or default matters • Preferred: experience managing 10+ attorneys or a comparable legal organization • Preferred: experience managing a significant outside counsel network and legal spend/invoice review • Preferred: experience with commercial real estate lending and distressed commercial loan portfolios • Preferred: experience with legal operations, workflow automation, litigation management systems, and data-driven legal reporting • Preferred: experience presenting litigation, settlement, recovery, and portfolio recommendations to committees or C-suite leadership

🏖️ Benefits

• Eligibility for incentive compensation (equity and deferred cash bonus) varies by title and level, in accordance with company policy. • Medical, dental, vision, life, and disability coverage • 401(k) with company match • Paid holidays and paid time off (PTO) • Fully remote work environment • Occasional travel as needed for leadership off-sites and corporate events