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Senior Attorney
4 weeks ago
“Mindlance is an Equal Opportunity Employer and does not discriminate in employment on the basis of – Minority/Gender/Disability/Religion/LGBTQI/Age/Veterans.”
Note: Since this is a role with potential for conversion to permanent employment, we are seeking candidates who are available for conversion.
Position Title: Licensed Attorney
Location: Hybrid - Onsite in McLean Tuesday through Thursday
Duration: 12 Months Assignment and Possible Extension
Position Overview:
The critical requirement for this role revolves around asset-based lending experience, servicing contract expertise, or ideally, a combination of both. The role involves representing vendors or borrowers in asset-based credit facilities and experience in servicing contract rights. Representing vendors includes two categories of collateral: real estate collateral (such as office, retail, and multifamily department buildings) is nice to have. The more relevant collateral category for this role includes loans to small businesses, accounts receivables, and contract rights.
Qualification:
• This Team deals with a high volume of transactions, specifically focusing on asset-based loans. Currently, a team of 5 professionals manages this workload.
• The day-to-day responsibilities involve reviewing loan documents prepared by bank vendors, necessitating expertise in loans, not limited to real estate.
• The communication and negotiation of loan terms through telephone and email are crucial aspects of the role, highlighting the importance of candidates with experience in document drafting and document transaction.
• Strong analytical and communication skills.
• Specific experience in the lending space is a plus.
Must Haves:
• Must have hands on experience using MS Office Suite.
• Must have 7-10 years of experience.
• Must have transactional experience, preferably with lending / asset-based work specifically.
• Titling or experience with just foreclosures is not sufficient here, they need to have specific experience with loans - not necessarily just real estate. Strong preference for lending experience where the collateral is servicing contract rights.
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