09 nov
|
World Business Lenders
|
Tandil
09 nov
World Business Lenders
Tandil
Overview
- World Business Lenders (WBL) is a privately held portfolio lender specializing in real estate-secured business loans for underserved businesses. WBL operates with a fully remote, multinational workforce and an experienced executive leadership team.
- Typically, the work schedule is from 9:00 AM to 6:00 PM Eastern Time, Monday through Friday, though additional hours may be required based on business needs.
About The Role
- The role will focus on U.S. commercial loan recovery matters, including foreclosure, bankruptcy, default litigation, settlements, and creditor rights. The position is open to qualified international candidates with a strong common-law foundation and relevant experience working with U.S. legal matters or external U.S counsel. This role is responsible for coordinating daily legal operations, providing guidance on litigation and recovery strategies, monitoring case progress and deadlines, and ensuring consistent execution across the team's portfolio. The Litigation Team Leader will work closely with internal stakeholders and external legal counsel to advance recovery objectives, manage legal risk, control costs, and support the efficient resolution of distressed commercial loan matters.
Key Responsibilities
- Lead and supervise a team of legal professionals responsible for litigation, foreclosure, bankruptcy, and other Asset Resolution matters involving distressed commercial business loans.
- Allocate workloads, establish priorities, monitor deadlines, and ensure timely and consistent case management.
- Coordinate with internal counsel and external law firms on litigation, foreclosure, bankruptcy, title disputes, judgment enforcement, and other recovery matters.
- Review and evaluate legal guidance provided on foreclosure proceedings, breach of note and guaranty claims, bankruptcy, title disputes, receiverships, judgment enforcement, deficiency claims, and other creditor recovery matters.
- Monitor case progress, identify legal and operational risks, address delays, and elevate complex matters to senior management when appropriate.
- Review litigation strategies, settlement proposals, and recovery alternatives to support commercial sound decisions.
- Support settlement negotiations, loan modifications, discounted payoffs, restructurings, foreclosure sale bidding recommendations, and related submissions to the Asset Resolution Committee and senior management, as applicable.
- Maintain accurate case records and reporting on portfolio activity, case aging, litigation progress, recoveries, legal expenses, and resolution outcomes.
- Identify opportunities to improve workflows, standardize procedures, enhance reporting, and increase operational efficiency.
- Ensure compliance with applicable legal requirements, internal policies, established procedures, and confidentiality standards.
Leadership
- Lead, mentor, and develop team members, establishing clear performance expectations and accountability.
- Provide ongoing feedback and guidance to strengthen legal analysis, prioritization, and case execution.
- Balance team capacity and resources to meet deadlines and changing portfolio priorities.
- Promote collaboration, ownership, sound judgment, and results-oriented approach.
- Communicate team performance, significant case developments, resource needs, and potential risks to the SVP, Asset Management.
- Coordinate effectively with colleagues and stakeholders across different locations and time zones in a remote environment.
Requirements
Education
- Law degree (LLB, JD, or equivalent) from a recognized institution.
- Current legal license or admission in good standing in the candidate's qualifying jurisdiction.
- Qualification in a common-law jurisdiction is required.
- LLM, U.S. bar admission, or additional U.S. legal qualifications are preferred.
Required Experience
- 6+ years of overall legal experience, preferably with 3+ years of experience in litigation, foreclosure, bankruptcy, debt recovery, real estate, creditor rights, or related legal field.
- Strong legal analysis, case management, prioritization, and stakeholder coordination skills.
- Demonstrated leadership ability; prior formal team management experience is preferred.
- Experience in legal budgeting, invoice review, cost control, and resource allocation.
- Experience overseeing litigation strategies, assessing legal risks, coordinating with outside counsel, and monitoring case progress.
- Excellent written and spoken English.
Preferred Industry Experience
- Experience with U.S. foreclosure, default litigation, bankruptcy, or commercial creditor recovery matters.
- Background in commercial real estate lending, commercial lending
📌 ARC Team Leader (Tandil)
🏢 World Business Lenders
📍 Tandil