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Commercial Lending Legal Associate

$93.75k

Santander Holdings USA Inc

Commercial Lending Legal Associate Location: Primary - New York, NY; Other - New York-New York The Difference You Make Provides legal advice to internal clients on issues related to distressed commercial real estate loans. Prepares, negotiates and reviews legal notices, restructuring documentation and other agreements related to defaulted loans. Collaborates with internal clients to analyze and resolve defaulted loans in a cost‑effective manner. Prepares default, demand, acceleration and other legal notices. Drafts, reviews, and negotiates documentation of loan restructures, forbearances and settlements. Analyzes lender liability risk and negotiates with borrowers to resolve disputes. Retains and manages external counsel for workout matters, including providing strategic direction and controlling costs. Provides ongoing reporting on litigation caseload. Acts as legal/technical expert providing advice, insights and solutions to clients and consultants on applicable legal/technical and compliance issues affecting strategies, programs, plans (design and operations), and practices. Analyzes key policy, legislative and legal developments and issues, and shares advice, insights and solutions with internal and external clients. Researches relevant legal issues and technical and industry specific topics. Reviews current developments in the area of legal/technical expertise, prepares complex technical analyses and develops advice, insights, and solutions. What You Bring Juris Doctor (JD) – Required. Active licensed attorney and member of NY state bar in good standing – Required. 5+ years experience working in a private law firm or equivalent in‑house practice. Familiarity with New York multifamily real estate market and various housing code laws and regulations. Excellent interpersonal skills with an ability to provide sound, clear legal advice to senior executives and other senior leaders. Expertise handling government and regulatory enforcement actions that involve civil and criminal inquiries directed at large corporations operating in highly regulated industries. Outstanding verbal and written communication skills. Desire and aptitude to work in a collaborative environment on a team of high‑performing legal professionals. Strong ability to identify and solve complex problems. Ability to present information clearly and effectively in written and oral form. Ability to develop strategy and tactics for complex, high‑profile matters. Certifications No Certifications listed for this job. It Would Be Nice For You To Have Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education. Base Pay Range Minimum: $93,750.00 USD Maximum: $170,000.00 USD Risk Culture We embrace a strong risk culture and all of our professionals at all levels are expected to take a proactive and responsible approach toward risk management. Working Conditions Frequent minimal physical effort such as sitting, standing and walking is required for this role. Depending on location, occasional moving and lifting light equipment and/or furniture may be required. EEO Statement At Santander, we value and respect differences in our workforce. We actively encourage everyone to apply. Santander is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status or any other characteristic protected by law. Employer Rights This job description does not list all of the job duties of the job. You may be asked by your supervisors or managers to perform other duties. You may be evaluated in part based upon your performance of the tasks listed in this job description. The employer has the right to revise this job description at any time. This job description is not a contract for employment and either you or the employer may terminate your employment at any time for any reason. Primary Location New York, NY, New York Organization Santander Holdings USA, Inc. #J-18808-Ljbffr Santander Holdings USA Inc

Vacancy posted 2 days ago
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