Remote – asset resolution counsel (lawyer)
world business lenders (wbl) provides general purpose short-term real estate collateralized commercial loans to a broad customer base of small and medium sized businesses across the united states that lack access to traditional funding. Wbl is a u.s.-based company with a 100% remote workforce. This is a remote contract/consultant position with working hours 9:00 am‑6:00 pm eastern time, monday through friday. The role requires excellent oral and written command of the english language; resumes must be submitted in english.
location: 100% remote for turkey, latam and india.
essential functions
* 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 the 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
* experience working in commercial litigation, bankruptcy, foreclosure or real estate loss mitigation
* demonstrated ability to successfully manage non-performing loan pools and reo
* experience supervising, developing and mentoring 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 u.s. company is a must)
* demonstrated analytical and reasoning skills, and innovative approach to solving both practical and theoretical problems
* proficiency in microsoft office applications
* strong work ethic with ability to thrive in a dynamic, deadline‑driven environment
* own laptop or desktop required (company does not supply equipment)
* excellent english fluency and communication skills, both written and verbal
benefits
* contract/consultancy position
* pto available
* usd salary
* 100 % work from home
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