Role: Foreclosure & RE Paralegal

Tasks  

Under the guidance of the Legal Operations Executive Director, the Operational Support Senior Manager and the Inhouse Legal Team Senior Manager, will:

• Handles on daily basis case by case reviews and information update of -mainly- secured NPLs assigned. In addition is able to create, maintain and have ready for use a per case template (position) with all the important information.
• Studies case files and documentation along with any other type of information such as on line, for the better update of status and understanding of progress of cases
• Participates in researches related to secured loans, auctions, special procedures and parallel / peripheral proceedings and litigation
• Liaises with all company departments where needed and with the Network of Specialists (externally associated lawyers, bailiffs, RE evaluators, RE facilitators etc) . In addition, communicates with Public Servants (i.e Notaries) to acquire additional information necessary for the case progress. Also liaises where needed with other strategic collaborators’ representatives such as other Servicers
• Feeds the K+ system or potentially other used tools with cases updates and data where needed
• Be assigned on special projects related to Legal Operations department tasks and strategies, mainly related to secured claims and RE collaterals

Required skillset 

The candidate should have

•   At least 10 years hands on experience in financial institutions and Servicers enforcement actions departments
• Deep understanding of loans securities, especially immovable ones, enforcement actions flow and legal actions maturity timing and documentation. Also good understanding of different types of NPL loans both secured and unsecured and for all type of entities including companies
• At least 5 years experience in data keeping, both in systems and in alternative tools such as excel and powerBI, related to collaterals, enforcement actions, especially foreclosure processes and securities liquidations.
• Very good skill in visualization of information such as presentations preparation (powerpoint)
• Very good understanding of NPL industry and recoveries handling

 Benefits:

• Private Life & Health Insurance.
• Opportunities for professional growth and development.