Overview
The organization is seeking a highly motivated, business-minded attorney to join its legal department as VP Litigation Counsel. This role is responsible for managing the organization’s portfolio of credit litigation, including foreclosure, bankruptcy, and related collection matters, while serving as a trusted legal advisor to business and operational stakeholders.
Responsibilities
- Manage and oversee a portfolio of commercial and consumer litigation matters, including foreclosure, bankruptcy, collections, and related proceedings.
- Direct and supervise outside counsel, including budget management, strategy development, and litigation oversight.
- Evaluate legal risks, recommend litigation strategies, and advise internal stakeholders regarding disputed matters.
- Partner with lending, credit, special assets, and servicing teams to resolve problem loans and maximize recoveries.
- Review pleadings, motions, settlement agreements, and litigation-related correspondence.
- Provide legal guidance on foreclosure procedures, creditor rights, workouts, loan enforcement, and bankruptcy matters.
- Assist with responses to subpoenas, discovery requests, and governmental inquiries.
- Monitor legal developments affecting lending, collections, foreclosure practices, and creditor remedies.
- Support enterprise risk management initiatives and legal compliance efforts.
- Other duties as assigned.
Requirements
- Juris Doctor (J.D.) from an accredited law school.
- Active license to practice law in any U.S. jurisdiction.
- Connecticut bar admission or eligibility for admission in Connecticut preferred.
- 3–5 years of relevant legal experience, preferably with a law firm, financial institution, mortgage servicer, or creditor’s rights practice.
- Experience handling or managing foreclosure, bankruptcy, creditors’ rights, collections, or commercial litigation matters.
- Strong analytical, negotiation, and problem-solving skills.
- Excellent written and verbal communication abilities.
- Ability to independently manage a significant portfolio of matters while balancing competing priorities.
- Sound judgment and a practical, business-oriented approach to legal issues.
Preferred Qualifications
- Experience supporting financial institutions, payment companies, FinTech organizations, or consumer financial services businesses.
- Familiarity with credit card, prepaid card, debit card, ACH, RTP, or other payment systems.
- Working knowledge of applicable laws and regulations, including some combination of:
- Truth in Lending Act (TILA) and Regulation Z
- Electronic Fund Transfer Act (EFTA) and Regulation E
- UDAAP requirements
- Bank Secrecy Act / Anti-Money Laundering (BSA/AML)
- CARD Act
- CFPB guidance and regulations
- Network rules (Visa, Mastercard, etc.)
- State money transmission and consumer protection laws
- Experience reviewing technology, SaaS, data-sharing, or vendor agreements.
Physical Demands
- Travel to client offices, prospects, branches, and industry events as necessary.
- Regularly required to sit; use hands to finger, handle, or feel and talk or hear.
- Frequently required to reach with hands and arms.
- Occasionally required to stand; walk and stoop, kneel, crouch, or crawl.
- Occasionally required to lift and/or move up to 10 pounds.
- Specific vision abilities required include close vision, color vision, and ability to adjust focus.
Work Environment
- Occasionally exposed to outside weather conditions.
- Noise level is usually moderate.
Location
Not specified.
Compensation & Benefits
Not specified.
Equal Employment Opportunity
The organization is an Equal Opportunity Employer and does not discriminate based on race, color, religion, sex, gender identity or expression, sexual orientation, national origin, ancestry, age, disability, medical condition, genetic information, marital status, veteran status, or any other protected status under federal, state, or local law.