Details of the Organization
World Business Lenders (WBL) is a U.S.-based company that provides short-term real estate collateralized commercial loans to small and medium-sized businesses across the United States. The company specializes in managing its own loan portfolio as well as third-party portfolios, particularly non-performing loan pools and REO. WBL operates with a fully remote global team.
Details of the Job/Internship
World Business Lenders (WBL) is hiring an Asset Resolution Counsel (Lawyer) on a contract/consultancy basis to join their fully remote team.
Role and Responsibilities
- Manage and monitor non-performing real estate collateralized commercial loan portfolios, including REO.
- Supervise, mentor, and develop Asset Resolution Department staff.
- Oversee commercial litigation, bankruptcy, and foreclosure activities.
- Liaise with attorneys, collection agencies, and vendors.
- Negotiate settlements and propose bidding instructions.
- Maintain delinquency and loss mitigation reporting, including trend analysis.
- Analyze debtors’ financial positions and payment histories.
- Handle expense monitoring and advise on protective advances.
- Participate in budget preparation for the Asset Resolution Department.
- Ensure efficient loss mitigation and recovery strategies.
Eligibility
- Law degree from a U.S.-accredited law school (mandatory).
- Experience in commercial litigation, bankruptcy, foreclosure, and real estate loss mitigation.
- Proven ability in managing non-performing loan pools and REO.
- Experience supervising and mentoring staff.
- Strong knowledge of applicable U.S. legal and regulatory guidelines.
- Proficiency in Microsoft Office and litigation management tools.
- Excellent English communication (spoken and written).
- Prior experience working for a U.S. company (mandatory).
- Personal laptop/desktop required.
Salary/Stipend
USD 3000 (negotiable), contract/consultancy with PTO.
Type of Opportunity
Fulltime
Country
India
Address
Remote
Application and Registration Details
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