Overview
A financial holding company serving the small- and medium-sized business (SMB) market is seeking a Litigation Attorney to join their Small Business Lending team. The organization provides a broad range of business and financial solutions including banking, business lending, electronic payment processing, technology solutions, eCommerce, accounts receivable and inventory financing, insurance, web services, and payroll and benefits solutions.
Responsibilities
- Oversee and manage outside counsel retained in connection with litigation, foreclosure, bankruptcy, and loan liquidation matters.
- Direct litigation strategy and monitor legal proceedings involving commercial loans, secured transactions, creditor rights, collections, and servicing disputes.
- Review and evaluate pleadings, motions, settlement agreements, litigation budgets, and legal invoices submitted by outside counsel.
- Provide legal guidance and strategic recommendations regarding foreclosure actions, bankruptcy proceedings, receiverships, workouts, loan restructurings, and collateral recovery efforts.
- Collaborate with internal servicing, credit, asset management, collections, and executive teams to develop and execute recovery and litigation strategies.
- Analyze legal risks associated with loan enforcement actions and advise management on exposure, reserves, and resolution options.
- Monitor compliance with federal, state, and local laws governing lending, servicing, foreclosure, bankruptcy, and debt recovery activities.
- Coordinate responses to borrower disputes, litigation claims, subpoenas, and regulatory inquiries.
- Assist in developing and implementing policies, procedures, and best practices related to litigation management and loan recovery operations.
- Track litigation progress and provide regular status updates and reporting to senior management.
- Support negotiations involving settlements, loan workouts, restructuring agreements, and contested matters.
- Manage multiple legal matters simultaneously while ensuring timely and cost-effective resolution outcomes.
Requirements
- Juris Doctor (J.D.) degree from an accredited law school.
- Active membership and good standing with at least one state bar association.
- Minimum of four (4) years of legal experience in commercial litigation, foreclosure, bankruptcy, creditor rights, and commercial real estate matters.
- Prior experience working for or representing a financial institution, bank, commercial lender, or specialty finance company is strongly preferred.
- Knowledge of commercial loan documentation, secured lending, UCC matters, foreclosure processes, bankruptcy law, and loan servicing litigation.
- Experience managing and supervising outside counsel across multiple jurisdictions.
- Strong understanding of litigation management, risk assessment, and recovery strategies involving distressed commercial assets.
- Excellent negotiation, analytical, organizational, and problem-solving skills.
- Ability to interpret complex legal and financial documents and provide practical business-oriented legal advice.
- Strong written and verbal communication skills with the ability to effectively interact with executives, internal stakeholders, and external counsel.
- Proficiency with legal research tools, litigation management systems, and Microsoft Office applications.
- Ability to work in a fast-paced environment while managing competing priorities and deadlines.
Preferred Qualifications
- Experience with SBA lending, commercial loan servicing, or special assets/workout groups.
- Familiarity with banking regulations and regulatory compliance matters related to loan servicing and collections.
- Demonstrated ability to manage complex litigation portfolios and achieve favorable recovery outcomes.
- Strong business acumen and strategic decision-making capabilities.
Compensation & Benefits
- Salary range: $100,000 - $140,000 per year
Location
Not specified
The employer is an Equal Opportunity Employer and requires all employees to perform work ethically and uphold a Code of Business Conduct and Ethics at all times.