ARC Manager

Overview

• World Business Lenders (WBL) is a privately held portfolio lender specializing in real estate-secured business loans for underserved businesses. WBL operates with a fully remote, multinational workforce and an experienced executive leadership team. 
• Typically, the work schedule is from 9:00 AM to 6:00 PM Eastern Time, Monday through Friday, though additional hours may be required based on business needs. .

About the Role

• The ARC Manager will lead and supervise a team of legal professionals responsible for managing litigation, foreclosure, bankruptcy, and other legal recovery matters involving non-performing commercial business loans secured by real estate. 
• This role is responsible for coordinating daily legal operations, providing guidance on litigation and recovery strategies, monitoring case progress and deadlines, and ensuring consistent execution across the team's portfolio. The ARC Manager will work closely with internal stakeholders and external legal counsel to advance recovery objectives, manage legal risk, control costs, and support the efficient resolution of distressed commercial loan matters. 
• The position requires strong legal knowledge, demonstrated team leadership experience, and the ability to oversee a high-volume litigation portfolio in a remote, international environment while aligning case management and recovery efforts with the Company's business objectives. 

Key Responsibilities  

• Lead and supervise a team of legal professionals responsible for litigation, foreclosure, bankruptcy, and other Asset Resolution matters involving distressed commercial business loans. 

• Allocate workloads, establish priorities, monitor deadlines, and ensure timely and consistent case management. 

• Provide legal guidance on foreclosure proceedings, breach of note and guaranty claims, bankruptcy, title disputes, receiverships, judgment enforcement, deficiency claims, and other creditor recovery matters. 

• Monitor case progress, identify legal and operational risks, address delays, and escalate complex matters to senior management when appropriate. 

• Review litigation strategies, settlement proposals, and recovery alternatives to support commercially sound decisions. 

• Coordinate with outside counsel on case strategy, deadlines, legal documentation, performance, and legal expenditures. 

• Collaborate with Asset Management, Credit, Servicing, Finance, Compliance, and Operations to prioritize cases and maximize recovery opportunities. 

• Support settlement negotiations, loan modifications, discounted payoffs, restructurings, foreclosure sale recommendations, and related submissions to the Asset Resolution Committee and senior management, as applicable. 

• Maintain accurate case records and reporting on portfolio activity, case aging, litigation progress, recoveries, legal expenses, and resolution outcomes. 

• Identify opportunities to improve workflows, standardize procedures, enhance reporting, and increase operational efficiency. 

• Ensure compliance with applicable legal requirements, internal policies, established procedures, and confidentiality standards. 

Leadership 

• Lead, mentor, and develop team members, establishing clear performance expectations and accountability. 

• Provide ongoing feedback and guidance to strengthen legal analysis, prioritization, and case execution. 

• Balance team capacity and resources to meet deadlines and changing portfolio priorities. 

• Promote collaboration, ownership, sound judgment, and a results-oriented approach. 

• Communicate team performance, significant case developments, resource needs, and potential risks to the SVP, Asset Management. 

• Coordinate effectively with colleagues and stakeholders across different locations and time zones in a remote environment.