VP, In-House Counsel – Litigation & Foreclosure

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

📋 Description

• Oversee and manage the Bank's portfolio of commercial and consumer litigation cases, encompassing foreclosure, bankruptcy, collections, and associated proceedings.

• Lead and direct external counsel, focusing on budget management, strategy formulation, and litigation oversight.

• Assess legal risks, propose litigation strategies, and provide guidance to internal stakeholders on contentious matters.

• Collaborate with lending, credit, special assets, and servicing teams to address problematic loans and optimize recoveries.

• Review legal documents, including pleadings, motions, settlement agreements, and correspondence related to litigation.

• Offer legal advice on foreclosure processes, creditor rights, workouts, loan enforcement, and bankruptcy issues.

• Assist in responding to subpoenas, discovery demands, and governmental inquiries.

• Keep abreast of legal changes that could influence lending, collections, foreclosure practices, and creditor remedies.

• Contribute to enterprise risk management initiatives and legal compliance efforts.

• Execute other assigned tasks as necessary.

• Travel to client offices, potential clients, branches, and industry events as required.

• No managerial duties involved.

⛳️ Requirements

• Juris Doctor (J.D.) degree from an accredited law school.

• Active legal practice license in any U.S. jurisdiction.

• Preference for Connecticut bar admission or eligibility for admission in Connecticut.

• 3–5 years of pertinent legal experience, ideally with a law firm, financial institution, mortgage servicer, or in creditor's rights practice.

• Experience in handling or managing foreclosure, bankruptcy, creditors' rights, collections, or commercial litigation cases.

• Strong analytical, negotiation, and problem-solving abilities.

• Exceptional written and verbal communication skills.

• Capability to independently manage a substantial portfolio of cases while prioritizing effectively.

• Strong judgment and a practical, business-focused perspective on legal matters.

• Effective and clear communicator.

• Team-oriented with a collaborative spirit.

• Detail-oriented with a high degree of accuracy.

• Experience supporting financial institutions, payment companies, FinTech organizations, or consumer financial services businesses is preferred.

• Familiarity with credit card, prepaid card, debit card, ACH, RTP, or other payment systems is advantageous.

• Working knowledge of relevant laws and regulations, including TILA/Regulation Z, EFTA/Regulation E, UDAAP, BSA/AML, CARD Act, CFPB guidance and regulations, payment-network rules, and state money transmission and consumer protection laws is preferred.

• Experience in reviewing technology, SaaS, data-sharing, or vendor agreements is a plus.

• Willingness to travel to client offices, potential clients, branches, and industry events as needed.

🏝️ Benefits

• Fully remote work arrangement.

• Opportunity for significant responsibility and direct engagement with executive leadership.

• Collaborative and high-performing legal team.

• Travel to client offices, potential clients, branches, and industry events as necessary.