Overview
This role involves leading and supervising a team of legal professionals responsible for asset resolution and recovery matters for non-performing commercial business loans secured by real estate. Work is fully remote and supports a multinational environment.
Typical schedule is Monday through Friday, 9:00 AM to 6:00 PM Eastern Time, with additional hours as needed based on business requirements.
Responsibilities
- Lead and supervise a team handling litigation, foreclosure, bankruptcy, and other asset resolution matters involving distressed commercial business loans.
- Allocate workloads, establish priorities, monitor deadlines, and ensure timely, consistent case management across the portfolio.
- Provide legal guidance 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 escalate complex matters to senior management when appropriate.
- Review litigation strategies, settlement proposals, and recovery alternatives to support commercially sound decisions.
- Coordinate with outside counsel on case strategy, deadlines, legal documentation, performance, and legal expenditures.
- Collaborate with Asset Management, Credit, Servicing, Finance, Compliance, and Operations to prioritize cases and maximize recovery opportunities.
- Support settlement negotiations, loan modifications, discounted payoffs, restructurings, foreclosure sale 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 by setting 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 shifting portfolio priorities.
- Promote collaboration, ownership, sound judgment, and a 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
- Law degree or equivalent legal qualification from a recognized institution (proof of qualification required).
- 10+ years of experience in litigation, foreclosure, bankruptcy, debt recovery, creditor rights, or a related legal field.
- Demonstrated experience leading or supervising legal professionals and managing a substantial portfolio of cases, workloads, and deadlines.
- Experience overseeing litigation strategies, assessing legal risks, coordinating with outside counsel, and monitoring case progress.
- Strong legal analysis, case management, reporting, and stakeholder coordination skills.
- Ability to prioritize competing demands, make sound decisions, and manage a high-volume caseload in a deadline-driven environment.
- Professional fluency in written and spoken English.
- Proficiency in Outlook and Teams for communication and collaboration.
Preferred Qualifications
- Experience with U.S. foreclosure, default litigation, bankruptcy, or commercial creditor recovery matters.
- Background in commercial real estate lending, commercial lending, banking, financial services, specialty finance, or distressed commercial loan portfolios.
- Experience coordinating multi-jurisdictional litigation or working with law firms across multiple U.S. states.
- Familiarity with outside counsel management, legal invoice review, litigation budgets, and cost control.
- Experience with legal operations, workflow optimization, automation, and data-driven reporting.
- Experience collaborating with senior management and cross-functional teams in lending, financial services, or asset recovery.
Specific Technical Skills
- Knowledge of litigation, foreclosure, bankruptcy, and debt recovery case management.
- Ability to assess case strategies, allocate workloads, and monitor deadlines.
- Experience coordinating outside counsel and tracking legal costs.
- Proficiency in legal reporting, case-management systems, and Microsoft Office.
Work Requirements
- Must be available Monday–Friday, 9:00 AM – 6:00 PM Eastern Time.
- Must have a stable internet connection and a professional remote working setup.
- Resume must be submitted in English to be considered.
Compensation & Benefits
- Compensation: in USD.
- Benefits: paid time off (PTO).
- Work environment: fully remote.
Location
Language
- Resume must be submitted in English to be considered.