Job Details

Assistant Manager Default Litigation

Company name

Organization Type

In-House

Job Type

Attorney

Years of Experience

3-10 yrs required

Location

Lake Zurich, IL

Date Last Verified

Aug 19,2017

Posted on

Aug 01,2017
Practice Area
Corporate >> Corporate - General
Litigation >> Litigation - General
Finance >> Finance - Banking
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Assistant Manager Default Litigation Duties: Oversee the day to day operations of the Default Litigation Department under the supervision of the Manager of the Default Litigation Department. Ensuring that the process for the disposition of borrower correspondence related to foreclosure and bankruptcy matters are executed in accord with established policy and procedures, and ensuring that the process for disposition of contested foreclosure and litigated bankruptcy files are executed according to established policies and procedures. Prepare and submit reports to management on the status of litigation and borrower correspondence. Work with management to ensure that default litigation specialists are expediting the handling of the contested matters; assist default litigation specialists with questions regarding the handling and procedures surrounding the contested matters. Assist the Default Litigation Manager with training and completing assigned. Audit for quality control, factual accuracy, and risk management the responses to borrower correspondences drafted by the Default Litigation Department staff members. Train new employees and current employees in procedures and policies of Department as well as new regulations and procedures as implemented by applicable regulations and the Courts. Maintain a professional attitude and atmosphere within the department. Monitor / review highly litigated loans and handle accordingly. Oversee assignment of the witnesses. Monitor/maintain the default lit proxy. Monitor/assist the legal department on their litigated loans. Complete system corrections received from staff/other departments pertaining to litigated files/loans. Complete file audits as assigned. Assist with attorney issues and internal issues raised by the staff. Review documents for execution provided by the staff prior to sending for signatures. Prepare for and attend in-person trials/mediations/conferences when needed. Oversee and ensure accurate reporting of all client billing for employee travel. Review and approve employee time cards; Maintain and approve employee time off requests. Provide reports to clients on an as needed basis. Draft and implement statements of work (sow’s) for witness requests and special arrangement with clients. Perform such other responsibilities and duties assigned by Manager of the Department.

Qualification and Experience

Requirements: JD Degree /Licensed Attorney (IL). 1+ year of supervisory or management experience in a legal/mortgage capacity. 3 - 10 years in law office or corporate legal department or mortgage servicing company with concentration in foreclosures, bankruptcy and real estate practice. Mortgage GSEs, or government-sponsored enterprises experience: Fannie and Freddie. Experience in a legal environment dealing with drafting letters and auditing the work of others. Experience with BKFS/MSP and Microsoft Office. Superior interpersonal, organizational, and analytical skills; proficiency in word processing and spreadsheet programs; excellent written and oral communication skills; willingness to work overtime as needs dictate.

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