Lima One Capital, the Nation’s Premier Lender for Real Estate Investors has an exciting Commercial Legal Analyst position. This position plays a vital role within the Special Servicing department focused on high risk; commercial loans securitized by residential properties. They will work with law firms, borrowers, vendors, and internal team members to communicate and track issues applicable to the Special Servicing Department.
Responsibilities:
- Serve as direct POC for investor and legal representatives for high risk/high UPB delinquent loans. Monitor and ensure that necessary actions are being completed for loans in the Special Servicing delinquency portfolio.
- Monitor legal performance to drive rapid resolution. Ensure timelines are being met and that recovery is being aggressively pursued.
- Develop strategic resolution plans at both loan and portfolio levels.
- Prepare and review monthly status reporting for high risk/high exposure delinquent loans.
- Review and improvement of processes to reduce risk around high UPB/high risk loan portfolio.
- Completes, monitors progress, and ensures deadlines are met for invoice approval, foreclosure breach letters and foreclosure referrals.
- Responsible for timeline management of foreclosures and bankruptcy loans and movement through the milestones
- Requires ability to engage with counsel and vendors in a professional manner as needed.
- Performs other projects as assigned by Management.
- Bachelor’s Degree preferred. Relevant career experience will be considered
- 5-7 years of direct commercial foreclosure and/or bankruptcy mortgage servicing related experience
- 5-7 years of commercial real estate experience with emphasis on non-performing properties
- Commercial work out experience
- Asset Management experience preferred
- Legal training or law firm experience preferred
- Must be a self-starter with excellent time management skills and be able to work independently
- Ability to work under minimum supervision and manage tight deadlines
- Familiarity with United States Bankruptcy Court PACER system
- Familiarity with Black Knight BK/FS
- Outstanding communication skills
- Working knowledge of Microsoft Office and proficiency with Microsoft Excel
- Highly organized
What We Offer:
- Competitive salary
- Bonus opportunities
- Medical, Dental Vision & 401K Benefits
- Life, Short-Term Disability, Long-Term Disability
- State of the art tools and infrastructure
- Excellent training
- Great working environment
- Paid vacation and holidays
- Growth opportunities
About Lima One Capital:
Lima One Capital is the nation’s premier lender for real estate investors. Recognized by the Inc.5000 as one of America’s fastest growing companies, Lima One specializes in providing real estate investors with financing for their rental, fix-and-flip, new construction and multifamily properties. The company, founded by Marines, is distinguished as one of South Carolina’s Best Places to Work and Top Workplaces. Lima One is headquartered in downtown Greenville, South Carolina, and markets its lending products over a national footprint of 45 states and the District of Columbia. Learn more about us at limaone.com.
Notice to Third Party Recruiters and Agencies
Lima One Capital does not accept unsolicited resumes or candidate submissions from recruiters or employment agencies. In the absence of a fully executed agreement for a specified position, Lima One Capital has no obligation to pay any referral compensation or recruiter fee. In the event a recruiter or agency submits a resume or candidate without an agreement, Lima One Capital explicitly reserves the right to pursue and hire those candidate(s) without any financial obligation to the recruiter or agency. Any unsolicited resumes, referrals, or candidate submissions, including those communicated to a member of the Human Resources team or a hiring manager, shall be deemed the property of Lima One Capital. If you or your agency would like to be considered as a future recruiting partner, please email employment@limaone.com (Subject: Agency Partner Request).