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Role Description

This opportunity is a Contract/Consultancy position with the flexibility of remote work.

Your typical working hours will be from 9:00 AM to 6:00 PM Eastern Time, Monday through Friday, though additional hours may be required depending on operational needs.

• Manage and monitor a non-performing real estate collateralized commercial loan portfolio, including REO, toward most effective and efficient resolution
• Supervise, train and develop Asset Resolution Department staff
• Conduct proactive and effective portfolio management in accordance with established performance standards
• Monitor and manage commercial litigation/bankruptcy/foreclosure activities, functions and deadlines
• Direct/monitor/liaise with in-house and outside attorneys, collection agencies and other vendors that support the loss mitigation effort
• Interact with customers and their counsel
• Negotiate and propose settlement agreements and bidding instructions
• Monitor loss mitigation workout performance and loss severity trends
• Implement and communicate loss mitigation decisions
• Maintain delinquency and loss mitigation reporting, including trend analysis and assessment
• Conduct comprehensive analysis of debtors' financial position, credit status, personal background, and historical payment performance
• Facilitate negotiation and conflict resolution
• Perform extensive quarterly review of portfolio being managed to confirm or reassess recovery estimates
• Monitor related expenses (taxes, maintenance, utilities, fees, etc.) and timely propose protective advances
• Participate in budget preparation for the Asset Resolution Department
• Other projects and duties as assigned.

Qualifications

• Law degree (from a nationally accredited U.S. law school is a must)
• Experience working in commercial litigation/bankruptcy/foreclosure/real estate loss mitigation
• Demonstrated ability to successfully manage non-performing loan pools and REO
• Experience supervising/developing/mentoring a case management staff
• Litigation experience and familiarity with litigation management tools
• Strong organization, decision-making and negotiation skills
• Strong knowledge of applicable U.S. legal/regulatory guidelines, including bankruptcy and foreclosure (Experience working for a US company is a must)
• Demonstrated analytical and reasoning skills, and innovative approach to solving both practical and theoretical problems
• Proficiency in all Microsoft Office applications
• Strong work ethic with ability to thrive in a dynamic, deadline-driven environment
• Excellent English fluency and communication skills, both written and verbal

Requirements

• You must have your own laptop or desktop to use (the company does not supply equipment)

Benefits

• PTO Available
• USD salary
• 100% Work from home