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Litigation Legal Analyst (Attorney) - India, Pune

About World Business Lenders (www.wbl.com)

World Business Lenders (WBL) provides general purpose short-term real estate collateralized commercial loans to a broad customer base comprised of small and medium sized businesses throughout the United States that lack access to traditional funding. WBL services its loan portfolio and loan portfolios for third parties, specializing in the management of non-performing loan pools and REO.

WBL is a U.S.-based company with a 100% remote workforce.

This is a remote Contract/Consultant position.

Working hours will be 9:00am-6:00pm Eastern Time, Monday through Friday.

The job requires excellent oral and written command of the English language. Resumes must be submitted in English.

Position Overview

In a fast paced, high expectation, results oriented environment, the Asset Resolution Analyst will be responsible for managing a portfolio of non-performing real estate collateralized commercial loans and REO.

Core responsibilities include the development, implementation and monitoring (while working with outside counsel) of appropriate collection, loss mitigation and recovery strategies, weekly reporting and quarterly file analysis.

Responsibilities:

  • 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

  • Law degree (from a nationally accredited U.S. law school is preferred)
  • Experience with Real State required.
  • Experience working in commercial litigation/bankruptcy/foreclosure/loss mitigation required.
  • 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
  • You must have your own laptop or desktop to use (the company does not supply equipment)
  • Excellent English fluency and communication skills, both written and verbal

  • CONTRACT/CONSULTANCY POSITION
  • Compensation DOE
  • 11 US Paid Holidays per year
What You Should Know About Litigation Legal Analyst (Attorney) - India, Pune, World Business Lenders, LLC

Are you an enthusiastic legal professional looking for an exciting opportunity? Join World Business Lenders as a Litigation Legal Analyst (Attorney) and take your expertise to the next level! We are a U.S.-based company that specializes in providing short-term, real estate collateralized commercial loans to small and medium-sized businesses. In this remote contract position, you’ll be managing a portfolio of non-performing loans and REOs, working closely with other legal professionals while developing and implementing impactful loss mitigation strategies. Your day-to-day responsibilities will involve proactive portfolio management, overseeing commercial litigation and bankruptcy activities, negotiating settlement agreements, and conducting comprehensive analyses of debtor positions to guide recovery strategies. This role requires a law degree from an accredited institution, alongside a solid background in commercial litigation and real estate. We value strong organizational, decision-making, and negotiation skills, as well as the ability to thrive in a fast-paced environment. If you have a passion for problem-solving and the drive to make a difference, we would love to hear from you!

Frequently Asked Questions (FAQs) for Litigation Legal Analyst (Attorney) - India, Pune Role at World Business Lenders, LLC
What are the main responsibilities of a Litigation Legal Analyst at World Business Lenders?

As a Litigation Legal Analyst at World Business Lenders, your main responsibilities include managing a portfolio of non-performing real estate collateralized loans, monitoring litigation activities, and negotiating settlement agreements. You will work closely with both in-house and outside counsel, ensuring effective collection strategies and loss mitigation efforts that adhere to established performance standards.

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What qualifications are required for the Litigation Legal Analyst position at World Business Lenders?

To qualify for the Litigation Legal Analyst position at World Business Lenders, candidates typically need a law degree from a nationally accredited U.S. law school, along with experience in commercial litigation, bankruptcy, foreclosure, and loss mitigation. Strong analytical, negotiation, and organizational skills are also essential for success in this role.

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Can you describe the work environment for a Litigation Legal Analyst at World Business Lenders?

The work environment for a Litigation Legal Analyst at World Business Lenders is remote and dynamic, encouraging teamwork and collaboration despite physical distances. With a focus on results, this role requires the ability to navigate a fast-paced setting while maintaining high expectations and delivering outcomes that positively impact the company.

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Is the Litigation Legal Analyst position at World Business Lenders a full-time or a contract role?

The Litigation Legal Analyst position at World Business Lenders is a contract position, allowing for flexibility and independence while being part of a professional team. This role is perfect for attorneys seeking to leverage their skills in a remote working environment with flexible hours.

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How does World Business Lenders support the professional development of its Litigation Legal Analysts?

World Business Lenders supports the professional development of its Litigation Legal Analysts by providing opportunities to collaborate with experienced legal professionals, engage in complex legal negotiations, and refine their analytical and dispute-resolution skills. Continuous learning and adaptation to changing laws and business environments are encouraged.

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Common Interview Questions for Litigation Legal Analyst (Attorney) - India, Pune
Can you explain your experience with commercial litigation and bankruptcy?

When answering this question, provide specific examples of cases you have worked on, your role within those cases, and the outcomes. Highlight your familiarity with bankruptcy processes and commercial litigation strategies, ensuring to demonstrate how your experiences will directly contribute to the success of World Business Lenders.

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How do you manage and prioritize multiple cases or tasks?

To effectively respond to this question, outline your organizational skills and any tools you use for task management. Provide examples of past situations where you efficiently handled competing deadlines and emphasize the importance of communication and regular updates to stakeholders.

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What strategies do you employ for conflict resolution?

Discuss your approach to conflict resolution, emphasizing negotiation techniques and understanding the perspectives of all parties involved. Provide a real example of how you successfully navigated a dispute, focusing on the outcomes and relationships maintained post-resolution.

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How do you handle high-pressure situations in a deadline-driven environment?

Describe specific instances where you've thrived under pressure. Mention techniques like prioritizing tasks, staying organized, and maintaining open communication with your team to ensure everyone is aligned and deadlines are met without compromising on quality.

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What role does analytical thinking play in your work as a Litigation Legal Analyst?

Explain the significance of analytical thinking in your previous roles, particularly in assessing complex financial situations or cases. Share a relevant scenario where your analytical skills led to an innovative solution or a successful negotiation.

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What experience do you have with real estate and loss mitigation?

Detail your understanding of real estate law, particularly how it intersects with commercial lending and loss mitigation. Discuss any direct experience you have in managing similar portfolios and the strategies you’ve implemented for successful resolutions.

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Can you describe a challenging case you worked on and how you approached it?

Provide a brief overview of the challenging case and the specific issues at hand. Focus on your strategies, the steps you took to address the challenges, and the final result, reflecting on the lessons learned through that experience.

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How do you stay updated with changes in real estate and bankruptcy laws?

Illustrate your commitment to professional development by sharing specific resources you utilize, such as legal publications, continuing education courses, and professional groups. Mention how staying informed has helped you provide better service to your clients.

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What do you believe sets you apart from other candidates for the Litigation Legal Analyst role?

Highlight your unique qualifications, skills, or experiences that make you a strong candidate. Focus on relevant experiences that align closely with the requirements of the position at World Business Lenders, particularly those that showcase your problem-solving abilities and commitment to results.

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What is your experience communicating with clients and external counsel?

Discuss the importance of effective communication in your previous roles. Provide examples of how you've maintained clear and professional communication with both clients and external parties, ensuring that everyone is on the same page throughout complex processes.

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DATE POSTED
December 12, 2024

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