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Associate Commercial Litigation Attorney - Irvine, CA - Archwest Capital
Description
Senior Associate Attorney Reports to: General CounselWork closely with the Legal Department, Compliance, Capital Markets, Servicing, and Asset Management teams to ensure special asset strategies align with Archwest's legal, regulatory, and investor requirements.
Ensure internal and external compliance across all special asset activities, including adherence to federal and state regulatory requirements (licensing, foreclosure laws, bankruptcy rules, AML, privacy, and ECOA considerations).
Assist with regulatory examinations, audits, and investor reviews by maintaining audit-ready documentation and responding to inquiries related to special assets and distressed loans.
Support capital markets initiatives by providing data, analysis, and documentation related to special asset performance, warehouse lending facilities, securitizations, and financing structures.
Establish and maintain operational reporting to identify performance trends, service-level gaps, risk exposure, and root-cause servicing issues.
Implement controls, risk-mitigation procedures, and process improvements to reduce legal, operational, and compliance risk.
Partner with senior management to support long-term planning, strategy development, and execution based on market conditions, regulatory changes, and portfolio performance.
Oversee policy and procedure development and enhancements related to special assets, loan servicing, workouts, and enforcement actions.
Manage special assets to achieve the highest and best outcome, including loan resolution, refinance, reinstatement, forbearance, foreclosure, bankruptcy, loss mitigation, liquidation, note sales, and structured workouts.
Oversee complex real estate–related transactions, including distressed loan workouts, deed-in-lieu transactions, REO strategies, loan modifications, restructurings, and asset dispositions.
Respond to internal, client, investor, and borrower escalations related to distressed assets and complex transactions.
Appropriately assess legal, regulatory, and operational risk when making business decisions.
Strong working knowledge of real estate transactions, loan workouts, and distressed asset resolution.
Demonstrated understanding of regulatory compliance frameworks affecting mortgage lending and servicing.
Moderate experience across default servicing and special asset functions, including collections, loss mitigation, foreclosure, bankruptcy, REO, claims, and default compliance.
Experience supporting or working with warehouse lending facilities and collateral enforcement is a strong plus.
Strong analytical and financial analysis skills with the ability to evaluate risk and structure solutions.
Excellent written and verbal communication skills with the ability to interact effectively with attorneys, regulators, investors, borrowers, and internal stakeholders.
Bachelor's degree or equivalent professional experience required.
~3+ years of experience in special assets, mortgage operations, loan asset management, real estate transactions, legal operations, or related financial services.
~ Warehouse lending facilities
~ Regulatory compliance, audits, or examinations
~ Experience working closely with legal, compliance, capital markets, and servicing teams strongly preferred.
At Archest, we will make reasonable accommodation to enable individuals with disabilities to perform essential functions.
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