Overview
This organization is seeking an ARC Manager to lead and supervise a team of legal professionals responsible for managing litigation, foreclosure, bankruptcy, and other legal recovery matters involving non-performing commercial business loans secured by real estate.
This role coordinates daily legal operations, provides guidance on litigation and recovery strategies, monitors case progress and deadlines, and ensures consistent execution across the team’s portfolio. The ARC Manager will work closely with internal stakeholders and external legal counsel to advance recovery objectives, manage legal risk, control costs, and support efficient resolution of distressed commercial loan matters.
The typical work schedule is 9:00 AM to 6:00 PM Eastern Time, Monday through Friday, though additional hours may be required based on business needs.
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.
- 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 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 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
- Must hold a law degree or equivalent legal qualification from a recognized institution, with proof of qualification.
- 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.
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 to work 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 is provided in USD.
- Benefits include paid time off (PTO).
Location
- Fully remote work environment.