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.
Overview
The Asset Resolution Counsel is responsible for leading the legal strategy, portfolio management, and resolution efforts for a portfolio of non-performing commercial loans secured primarily by real estate. This role serves as a strategic business partner responsible for maximizing recoveries while minimizing legal risk, loss severity, and resolution timelines.
Working collaboratively with internal stakeholders, outside counsel, loan servicing teams, and borrowers, the Asset Resolution Counsel develops and executes resolution strategies through negotiation, restructuring, litigation, foreclosure, bankruptcy, receivership, REO disposition,
and other loss mitigation initiatives.
This position requires sound legal judgment, strong financial and analytical skills, and the ability to balance business objectives with legal and regulatory compliance.
Essential Functions:
Manage and monitor a non-performing real estate collateralized commercial loan portfolio, including REO, toward most effective and efficient resolution
Supervise, train and develop Asset Resolution Department staff
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 propose settlement agreements and bidding instructions
Monitor loss mitigati
📌 Asset Resolution Counsel (Ciudad de México)
🏢 World Business Lenders
📍 Ciudad de México
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