Legal Counsel provides day-to-day leadership and advice to the commercial lending and workout lines of business on a range of matters including commercial lending, distressed assets, lender liability, debt restructure, collections, litigation and insolvency. Provides legal advice to internal clients on issues related to distressed commercial real estate loans. Prepares, negotiates and reviews legal notices, restructuring documentation and other agreements related to defaulted loans. Collaborates with internal clients to analyze and resolve defaulted loans in a cost-effective manner. Prepares default, demand, acceleration and other legal notices. Drafts, reviews, and negotiates documentation of loan restructures, forbearances and settlements. Analyzes lender liability risk and negotiates with borrowers to resolve disputes. Retains and manages external counsel for workout matters, including providing strategic direction and controlling costs. Provides ongoing reporting on litigation caseload. Acts as legal/technical expert providing advice, insights and solutions to clients and consultants on applicable legal/technical and compliance issues affecting strategies, programs, plans (design and operations), and practices. Analyzes key policy, legislative and legal developments and issues, and shares advice, insights and solutions with internal and external clients. Researches relevant legal issues and technical and industry specific topics. Reviews current developments in the area of legal/technical expertise, prepares complex technical analyses and develops advice, insights, and solutions.
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Job Type
Full-time
Career Level
Mid Level
Industry
Credit Intermediation and Related Activities
Education Level
Ph.D. or professional degree
Number of Employees
5,001-10,000 employees