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Overview:Are you ready to take your career to the next level? A Loan Servicing Company, one of the top providers in the mortgage services industry, seeks an individual with a solid work history in the mortgage or real estate industry, to join our team as a Managing Counsel - Litigation The ideal candidate will enjoy working with clients, both internal and external, be detail oriented, and is driven to meet tight deadlines in a fast paced environment. If you are ready for a career and not just your next job, now is the time to join our team and become a part of something big.
Responsibilities:
- Lead and manage a team of two litigation attorneys and three paralegals
- Oversee and manage litigation related to GSE loans from defaulted issuers by supervising, coordinating, and strategizing with outside counsel in connection with lawsuits and claims; provide complete transparency to the account-owning GSE
- Advise senior executives on litigation strategies
- Supervise the work of other junior attorneys and paralegals
- Lead negotiations and revisions of renewing subservicing agreements with clients
- Manage all aspects of consumer finance litigation, including the selection/management of and communication with outside counsel and administration/processing of outside counsel's legal billing
- Lead presentations regarding periodic updates and risk reports to senior litigation counsel
- Provide legal advice to managers/supervisors and perform research for guidance in operational processes/procedures
- Manage and oversee the responses to discovery requests, including e-discovery
- Review and provide guidance on subpoena duces tecum
- Assist internal business units with responses to information requests from external A Loan Servicing Company clients
- Identify trends in litigation matters and borrower and/or regulatory complaints; communicate trends to senior litigation counsel and internal business units; coordinate with Operations to develop policies/procedures to remediate issues
- Provide support to senior in-house counsel by responding to requests for legal advice and related assistance from internal business units
- All other duties as assigned
Qualifications:
- Juris Doctor from an ABA accredited law school and state bar admission required
- 7+ years of experience in consumer/mortgage loan servicing litigation defense management
- Knowledge of mortgage origination, closing, and servicing practices
- Knowledge of various mortgage loan products, such as conventional, ARMs, HELOC, etc.
- Knowledge of loan documents (note, mortgage/deed of trust, etc.)
- Knowledge of federal/state consumer finance laws and government-sponsored entity seller/servicer guidelines
- Knowledge of federal laws/regulations governing residential mortgages (including ECOA, FCRA, TILA, RESPA, and FDCPA) and the ability to apply the requirements to business practices
- Experience in representing mortgage servicers against “consumer” litigation claims, such as privacy, contested foreclosures, FDCPA, FCRA, TILA, RESPA, and other disputes under state/federal consumer protection laws
- Experience overseeing complex litigation
- Experience responding to discovery requests, including e-discovery
- Experience researching, interpreting, and articulating legal issues
- Experience working directly with management on residential mortgage default litigation issues
- Substantial experience delivering presentations to clients and executive management
- Strong legal research ability and familiarity with legal research tools (Westlaw or LexisNexis)
- Excellent verbal and written communication skills
- Ability to maintain confidential and/or privileged information
- Ability to work independently and in a team setting
- Ability to interpret and apply applicable laws/regulations
- Ability to simultaneously manage a wide range of projects/tasks and effectively meet deadlines in a fast-paced and dynamic environment
- Results-driven, an eye for detail, and a passion for driving best practices
Essential Functions:
- Critical Thinking — Using logic and reasoning to identify the strengths and weaknesses of alternative solutions,conclusions or approaches to problems.
- Reading Comprehension — Understanding written sentences and paragraphs in work related documents
- English Language — Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
- Speaking — Talking to others to convey information effectively.
- Active Learning — Understanding the implications of new information for both current and future problem-solving and decision-making.
- Active Listening — Giving full attention to what other people is saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
- Instructing — Teaching others how to do something.
- Judgment and Decision Making — Considering the relative costs and benefits of potential actions to choose the most appropriate one.
- Time Management — Managing one's own time and the time of others.
- Writing — Communicating effectively in writing as appropriate for the needs of the audience.
- Complex Problem Solving — Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
- Deductive Reasoning — The ability to apply general rules to specific problems to produce answers that make sense.
- Problem Sensitivity — The ability to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing there is a problem.
- Written Comprehension — The ability to read and understand information and ideas presented in writing.
- Inductive Reasoning — The ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events).
- Information Ordering — The ability to arrange things or actions in a certain order or pattern according to a specific rule or set of rules (e.g., patterns of numbers, letters, words, pictures, mathematical operations).
- Near Vision — The ability to see details at close range (within a few feet of the observer).
- Oral Comprehension — The ability to listen to and understand information and ideas presented through spoken words and sentences.
- Oral Expression — The ability to communicate information and ideas in speaking so others will understand.
- Speech Recognition — The ability to identify and understand the speech of another person.
- Speech Clarity — The ability to speak clearly so others can understand you.
