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Builders Capital · 1 week ago

Principal Creditors Rights Counsel

United States

Full-time

Remote

Lead/Staff

8+ years exp

Builders Capital is the nation's leading private construction lender, providing innovative financing solutions to professional homebuilders. The Principal Creditors Rights Counsel will provide legal support and strategic guidance on distressed and non-performing real estate loan assets, focusing on legal strategies for workouts, enforcement actions, loan modifications, and collateral recovery.

ConsultingFinancial ServicesReal EstateReal Estate Investment

Responsibilities

Lead legal in assessing and restructuring distressed and non-performing loans and enforcing lender rights under loan documents and applicable law

Evaluate loan documentation to identify enforcement options, collateral rights, and default remedies

Lead legal in assessing and restructuring distressed and non-performing loans and enforcing lender rights under loan documents and applicable law

Draft, review, and negotiate workout and enforcement documents such as forbearance agreements, loan modification agreements, deeds-in-lieu, and settlement agreements

Lead legal oversight of foreclosure proceedings, loan enforcement actions, and REO (real estate owned) asset recoveries

Coordinate and manage outside counsel in judicial and non-judicial foreclosure, bankruptcy, and litigation matters

Lead legal in disposition strategies for loan collateral, including legal aspects of REO sales

Provide legal input on credit risk, borrower negotiations, and collateral evaluations

Ensure compliance with federal, state, and local laws affecting real estate lending, enforcement, and collections

Assist on special projects, as needed

Qualification

Commercial real estate financeLoan enforcementReal estate loan documentationLoss mitigation strategiesDrafting skillsNegotiation skillsLeadership capabilitiesAnalytical abilitiesStrategic problem-solvingClient service commitmentProblem-solving skillsInterpersonal skillsWritten communicationVerbal communication

Required

8+ years of experience handling commercial real estate finance transactions and loan enforcement matters

Deep understanding of real estate loan documentation secured transactions, and creditors' rights

Familiarity with loan servicing, and loss mitigation strategies

Proven experience in managing complex legal matters related to distressed real estate loans

Excellent negotiation, drafting, and problem-solving skills

Ability to collaborate across departments in a deadline-driven, high-volume environment

J.D. from an accredited law school; admitted to practice and in good standing in at least one U.S. State Bar, with a preference for one the following states: California, Washington, Florida or Texas

Exceptional leadership and interpersonal capabilities

Superior written and verbal communication skills

Strong analytical abilities and strategic problem-solving aptitude

Commitment to delivering top-tier client service and maintaining professional integrity

Benefits

Health Insurance – We’ve got you covered! Builders Capital pays 100% of your medical insurance premiums to keep you healthy and stress-free, offering a PPO and HSA plans.

Competitive Compensation – We offer competitive wages that reward your expertise and hard work.

Paid Time Off – Take time to recharge with 3 weeks of paid time off each year.

Paid Holidays – Enjoy 10 paid holidays throughout the year so you can spend quality time with family, friends, or doing whatever you love.