Asset Resolution Department Lead

hace 4 semanas


Xico, México World Business Lenders, Llc A tiempo completo

World Business Lenders (WBL) is a leading provider of short-term real estate collateralized commercial loans to small and medium-sized businesses in the United States.



This is a remote Contract/Consultant position that requires excellent oral and written command of the English language. The job requires a strong background in commercial litigation, bankruptcy, and foreclosure activities.



Job Responsibilities


  • Oversee and manage a team of Asset Resolution Analysts to ensure effective portfolio management and loss mitigation efforts.
  • Monitor and handle commercial litigation, bankruptcy, and foreclosure activities, including associated deadlines.
  • Direct, monitor, and coordinate with internal and external attorneys, collection agencies, and other vendors involved in loss mitigation efforts.
  • Draft demand letters and prepare bidding instructions.
  • Track loss mitigation performance and analyze trends in terms of severity.
  • Implement and communicate loss mitigation decisions.
  • Maintain delinquency and loss mitigation reports, including trend analysis and evaluation.
  • Conduct comprehensive analysis of debtors' financial position, credit status, personal history, and repayment performance.
  • Facilitate negotiation and resolution of conflicts.
  • Perform detailed quarterly reviews of managed portfolio to affirm or reevaluate recovery estimates.
  • Monitor related expenses (taxes, maintenance, utilities, fees, etc.) and propose necessary advances in a timely manner.
  • Assist in preparing budget for the Asset Resolution Department.
  • Handle other assigned projects and duties.


Requirements


  • Law degree (from a nationally accredited U.S. law school is preferred).
  • Experience with Real Estate required.
  • Experience working in commercial litigation/bankruptcy/foreclosure/loss mitigation required.
  • Strong organization, decision-making, and negotiation skills.
  • Experience overseeing activities of a team and with training.
  • Demonstrated analytical and reasoning skills, and innovative approach to solving both practical and theoretical problems.
  • Strong work ethic with ability to thrive in a dynamic, deadline-driven environment.
  • You must have your own laptop or desktop to use (the company does not supply equipment).
  • Excellent English fluency and communication skills, both written and verbal.


Benefits


  • CONTRACT/CONSULTANCY POSITION.
  • Compensation DOE.
  • 11 US Paid Holidays per year.


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