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🧭 Contract
🏢 Company: World Business Lenders, LLC
- Law degree or Finance degree or Business Administration degree
- Strong organization, decision-making and negotiation skills
- 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
- Manage and monitor a non-performing real estate collateralized commercial loan portfolio, including REO, toward most effective and efficient resolution
- 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 prepare settlement agreements
- Prepare 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
- Assist in budget preparation for the Asset Resolution Department
- Other projects and duties as assigned
SQLData AnalysisMicrosoft ExcelMicrosoft OfficeRESTful APIsAccountingWritten communicationNegotiation skillsVerbal communicationFinancial analysisFinanceEnglish communication
Posted 4 days ago
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