Remote Asset Resolution Analyst (Attorney)

Summary

The job is a remote Contract/Consultant position as an Asset Resolution Analyst at World Business Lenders (WBL), where the employee will manage a portfolio of non-performing real estate collateralized commercial loans and REO. The role requires excellent English language skills, a law degree, experience in commercial litigation/bankruptcy/foreclosure/loss mitigation, strong organizational skills, analytical abilities, proficiency in Microsoft Office applications, and the ability to work in a dynamic environment.

Requirements

• Law degree (from a nationally accredited U.S. law school is preferred.)
• Experience with Real State required
• Experience working in commercial litigation/bankruptcy/foreclosure/loss mitigation required

Responsibilities

• Manage and monitor a non-performing real estate collateralized commercial loan portfolio, including REO, toward most effective and efficient resolution
• 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 prepare settlement agreements
• Prepare 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
• Assist in budget preparation for the Asset Resolution Department

Preferred Qualifications

• Strong organization, decision-making and negotiation skills
• 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

Benefits

• Compensation DOE
• 11 US Paid Holidays per year