Senior Portfolio Recovery Specialist
hace 1 mes
About World Business Lenders, LLC.
We offer a competitive compensation package with an estimated salary of $80,000 - $120,000 per year, depending on experience.
World Business Lenders (WBL) provides general-purpose short-term real estate collateralized commercial loans to a broad customer base comprised of small and medium-sized businesses throughout the United States that lack access to traditional funding.
In this fast-paced, high-expectation environment, the Senior Portfolio Recovery Specialist will be responsible for managing a portfolio of non-performing real estate collateralized commercial loans and REO.
Key responsibilities include:
- Developing, implementing, and monitoring collection, loss mitigation, and recovery strategies
- Conducting proactive and effective portfolio management in accordance with established performance standards
- Monitoring and managing commercial litigation/bankruptcy/foreclosure activities, functions, and deadlines
- Negotiating and preparing settlement agreements
- Maintaining delinquency and loss mitigation reporting, including trend analysis and assessment
To succeed in this role, you will need:
- A law degree from a nationally accredited U.S. law school (preferred)
- Experience working with real estate and commercial litigation/bankruptcy/foreclosure/loss mitigation
- Strong organizational, decision-making, and negotiation skills
- Demonstrated analytical and reasoning skills, as well as an innovative approach to solving practical and theoretical problems
- Proficiency in all Microsoft Office applications
Benefits include 11 US paid holidays per year and the opportunity to work in a dynamic, deadline-driven environment.
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