Litigation Attorney

Summary

Join World Business Lenders (WBL) as an Asset Resolution Analyst and manage a portfolio of non-performing real estate collateralized commercial loans and REO. This is a remote, full-time contract/consultancy position requiring excellent English communication skills and proficiency in Microsoft Office applications. Responsibilities include developing and implementing loss mitigation strategies, monitoring litigation/bankruptcy/foreclosure activities, interacting with customers and counsel, negotiating settlements, and preparing reports. The ideal candidate will possess a law, finance, or business administration degree and have experience in real estate, commercial litigation, bankruptcy, foreclosure, or loss mitigation. The position offers a monthly salary, PTO after 6 months, and 100% work-from-home flexibility. You will need your own laptop or desktop.

Requirements

• Law degree or Finance degree or Business Administration degree
• 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
• 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

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
• Other projects and duties as assigned

Preferred Qualifications

• Experience with Real State
• Experience working in commercial litigation/bankruptcy/foreclosure/loss mitigation

Benefits

• PTO Balance Available after 6 months
• Monthly USD salary
• 100% Work from home