Asset Recovery/Loss Mitigation For Loans (Paralegal) - Jersey City

World Business Lenders, LLC Jersey City , NJ 07097

Posted 5 days ago

About World Business Lenders (www.wbl.com):
At World Business Lenders (WBL), our motto, "We Lend - You Grow." is simple, yet powerful. We are a direct lender specializing in providing real estate-secured business loans and access to capital to support the growth and development of underserved small-to-medium sized businesses that lack access to traditional bank funding. We broker out and syndicate MCA, cash advance, leasing, SBA and other naturally related business loan products. WBL is led by a strong management team with extensive experience in the financial services industry and employs a disciplined approach to credit analysis and risk management.
Ranked by Selling Power in the 50 Best Companies to Sell For 2016 and 2017

http://www.sellingpower.com/2016/50-best-companies-to-sell-for/#.V7SlvXCCg-M.email

http://www.sellingpower.com/2017/50-best-companies-to-sell-for/

About the Job:

The Loss Mitigation Analyst will be responsible for investigating defaulted assets, providing a road map to recovery, and navigating and reporting on the recovery process. This is a position in a fast-paced, high growth environment; candidates should feel comfortable working under tight timelines and be able to multi-task.

Skills/Responsibilities:

  • Monitor loss mitigation workout performance and loss severity trends
  • Effectively implement and communicate loss mitigation decisions
  • Monitor and manage bankruptcy activities and functions
  • Liaise with outside attorneys, collection agencies and other vendors that support the loss mitigation effort
  • Maintain delinquency and loss mitigation reporting including trend analysis and assessment

Requirements

Requirements/

Qualifications:

  • Bachelors degree desired
  • Excellent verbal and written communication skills. Strong communication skills are a must as you will be communicating with outside counsel and clients
  • Strong organization, decision-making and negotiation skills
  • Demonstrated analytical and reasoning skills
  • Other projects and duties as assigned

    Must be able to satisfactorily complete a background check.
    Must be authorized to work in the United States.

    Effective English communication skills, both written and oral.

Benefits

Compensation and Benefits:
• Compensation package - $40,000 - $55,000 DOE
• Vacation/holiday pay and benefit package after 3 months (Medical/Dental/Vision/Life & Disability/Commuter Plan/401(k) with company match)

• EOE M/F/D/V/SO

World Business Lenders does not sponsor work visas for this position.

World Business Lenders participates in E-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the United States.

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Asset Recovery/Loss Mitigation For Loans (Paralegal) - Jersey City

World Business Lenders, LLC