Commercial Lending Legal Associate

Santander•New York, NY

13d

About The Position

Santander is a global leader and innovator in the financial services industry. We believe that our employees are our greatest asset. Our focus is on fostering an enriching journey that empowers you to explore diverse career opportunities while nurturing your personal growth. We are committed to creating an environment where continuous learning and development are prioritized, enabling you to thrive both professionally and personally. Here, you will find ample opportunities to connect and collaborate with talented colleagues from around the world, sharing insights and driving innovation together. Join us at Santander, where you are supported by a culture of engagement and a commitment to your success. An exciting journey awaits, if you are interested in exploring the possibilities We Want to Talk to You! The Difference You Make: 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.

Requirements

Juris Doctor (JD”). – Required.
Active licensed attorney and member of NY state bar in good standing. – Required.
5+ years experience working in a private law firm or equivalent in-house practice.
Familiarity with New York multifamily real estate market and various housing code laws and regulations.
Excellent interpersonal skills with an ability to provide sound, clear legal advice to senior executives and other senior leaders.
Expertise handling government and regulatory enforcement actions that involve civil and criminal inquiries directed at large corporations operating in highly regulated industries.
Outstanding verbal and written communication skills.
Desire and aptitude to work in a collaborative environment on a team of high-performing legal professionals.
Strong ability to identify and solve complex problems.
Ability to present information clearly and effectively in written and oral form.
Ability to develop strategy and tactics for complex, high profile matters.

Nice To Haves

Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.

Responsibilities

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.