Creditors Rights Counsel

This is a fully remote position, open to applicants in United States.

📋 Description

• Provide legal assistance and strategic advice on distressed and non-performing real estate loan assets

• Lead the legal evaluation and restructuring processes of troubled and non-performing loans

• Enforce lender rights in accordance with loan documents and relevant laws

• Assess loan documentation to identify enforcement alternatives, collateral rights, and remedies for default

• Draft, review, and negotiate forbearance agreements, loan modifications, deeds-in-lieu, and settlement contracts

• Supervise foreclosure processes, loan enforcement actions, and recoveries of REO assets

• Coordinate and oversee external counsel in matters related to foreclosure, bankruptcy, and litigation

• Develop legal strategies for the disposition of loan collateral, including REO sales

• Provide legal insights on credit risk, borrower negotiations, and collateral assessments

• Ensure adherence to federal, state, and local regulations affecting real estate lending, enforcement, and collections

• Manage internal issues and oversee outside counsel

• Collaborate with special assets, servicing, and risk teams to reduce losses and safeguard the company’s legal and financial interests

• Assist with special projects as necessary

⛳️ Requirements

• Over 6 years of experience in managing commercial real estate finance transactions and loan enforcement matters

• Profound knowledge of real estate loan documentation, secured transactions, and creditors’ rights

• Familiarity with loan servicing and strategies for loss mitigation

• Demonstrated experience in handling complex legal issues related to distressed real estate loans

• Exceptional negotiation, drafting, and problem-solving abilities

• Capacity to collaborate across departments in a high-pressure, deadline-driven environment

• Juris Doctor degree from an accredited law school

• Admitted to practice and in good standing with at least one U.S. State Bar

• Preference for admission in California, Washington, Florida, or Texas

• Outstanding leadership and interpersonal skills

• Excellent written and verbal communication capabilities

• Strong analytical skills and strategic problem-solving proficiency

• Commitment to providing exemplary client service and upholding professional integrity

🏝️ Benefits

• Innovative environment with access to state-of-the-art technology and resources

• Flexible work environment

• Comprehensive health insurance: employer covers 100% of medical insurance premiums; PPO and HSA options available

• Competitive salary

• 3 weeks of paid vacation each year

• 10 paid holidays each year