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Commercial Equipment Finance Collections and Transactional Attorney
Refer job# WAEG145256
 
Commercial Equipment Finance Collections and Transactional Attorney The candidate will support the bank's Commercial Equipment Finance (EF) business line. Will provide legal support related to the administration of troubled or defaulted commercial equipment leases, loans and software financing products originated by EF or third-party financing sources such as equipment vendors, technology licensors and other financial institutions, resolution of complaints and disputed matters, and transactional support for asset management issues. Provide legal counsel to loss mitigation and recovery specialists in interpreting contract language, considering strategic alternatives, and advising on workout options. Work with loss mitigation and recovery specialists as they interact with outside legal counsel, appraisers, and other professional advisors regarding troubled or defaulted commercial equipment leases and loans. Prepare and revise standard commercial lease and loan workout documents. Prepare and revise settlement agreements for matters which are not in litigation. Consult with outside counsel conducting litigation on behalf of EF to enforce commercial equipment leases and loans. Assist the EF business line in responding to legal discovery requests, garnishment orders and other subpoenas. Work with asset management specialists to develop programs and documentation to remarket returned and recovered assets. Work with EF's team of quality assurance and risk review specialists to resolve customer complaints. Interpret, apply, review and revise various EF, Law Division and Bank policies and procedures. Will report to the Associate General Counsel who heads up the EF Legal team.

The candidate should have a Law degree and be licensed by and in good standing with the appropriate State Bar association or other appropriate state attorney licensing authority. Must have 5 years of law firm or in-house experience supporting commercial equipment lease and loan collections, workout, and dispute resolution functions for a bank-owned, captive or independent equipment finance company. Thorough knowledge of laws and regulations impacting the subject matter and/or business line supported is required. Strong public speaking skills are needed.
 
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This particular job is currently not active. However, since our clients regularly share with us similar and other job openings, we strongly recommend that you submit your resume. We shall review your resume and get in touch with you as soon as a suitable vacancy comes up to further discuss your interest in exploring the opportunity. Assisting you is our highest priority.

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