Wsfs Financial
This listing was posted on Broadbean.
Litigation Paralegal
Location:
Philadelphia, PA
Description:
Job DescriptionNewLane Finance is a commercial equipment finance company, serving small and mid-size businesses nationwide. Our mantra is "business lending done right", and our strategy is to revolutionize small business lending by employing the latest technology and a motivated workforce to deliver fair and transparent financing solutions to businesses with unmatched levels of speed, convenience, and customer service. Our products and services are offered to the business community primarily through financing programs with equipment manufacturers, distributors, and dealers. NewLane Finance is powered by WSFS Bank, a $20+ billion financial organization.NewLane Finance is immediately seeking an experienced Litigation Paralegal with strong skills in, but not limited to, commercial litigation preparation, written and oral communication, ability to identify issues and provide solutions, attentiveness, and time management. The successful candidate will also possess an energetic, courteous, and professional demeanor. This position will be reporting to the Director of Recovery of NewLane Finance.Our Values: * Integrity * Passion * Teamwork * Commitment to ExcellenceEssential Functions: * Assist with accurately evaluating the cost/benefit analysis of taking legal actions against defaulted customers (weighing cost of litigation with probability of recovery). * Prepare of civil litigation cases within the Commonwealth of Pennsylvania, Philadelphia County, Court of Common Pleas and Municipal Court, including drafting and filing legal complaints and related documents against companies and personal guarantors in default. * Manage and monitor applicable litigation queues and data input to CRM system(s). * Develop working relationships with outside lawyers/law firms used by NewLane, and hold frequent (no less than monthly) meetings with such outside lawyers/law firms to assess their progress on matters assigned to them. * Preparation of Proofs of Claim within Bankruptcy Court. Review bankruptcy plans for treatment of claims. * Preparation of Claims within Probate matters. * Develop working relationships with third-party collection agencies. * Assess and resolve post charge off accounts for possible settlement within a bankruptcy, litigation and/or defense matter. Exercise discretion and independent judgment with respect to negotiating settlement terms and conditions to achieve the company's recovery goals. * Engage in outboundinbound recovery calls to identify issues and provide solutions. * Effectively communicate with and manage outside counsel with respect to domestication of judgments and/or initiation of new civil matters. * Resolve defaults with accuracy, professionalism, and compliance with the Fair Debt Collection Practices Act. * Analyze corporate and/or personal financial data to assess appropriate course of action. * Initiate research and skip tracing efforts to facilitate legal/recovery action when applicable. * Broad understanding of accounts receivable, payment application and account reconciliation. * Assist and complete additional tasks/duties deemed needed by management. * Assist management with the drafting applicable revisions of departmental policies and procedures manual relating to the litigation process. * Work with Asset Recovery & Remarketing team when needed to help assure NewLane recovers the equipment relating to the defaulted contract. * Achieve monthly/quarterly/yearly targets and Key Performance Indicators. * Prepare and analyze applicable litigation and recovery reports to be shared with leadership. * Must be willing to work in accordance with NewLane's hybrid work schedule (currently in the office Tuesday, Wednesdays and Thursday and remote on Mondays and Fridays (subject to change based on the needs of the business)). * Willingness to learn new technology, processes, and procedures. Requirements: * Three plus years in relevant paralegal/commercial litigation experience. Equipment financing/financial services/banking sector experience is preferred but not required. * Possess a positive and "customer-centric" attitude, adhering to the core values of NewLane. * Must have a "business" mindset, with an understanding of the financial services industry - including an ability and desire to learn all facets of financial services, such as leasing, secured lending and asset management. * Exceptional organizational and communication (written and verbal) skills. * Ability to prioritize tasks and manage work-flow of litigation matters. * Comfortable working both independently and in a group setting. * Ability to effectively negotiate settlements to maximize recovery dollars. * Detail oriented and ability to remain patient and professional when interacting with customers. * Ability to work quickly and efficiently without sacrificing quality. * Proficient computer skills including MS Office Suite and ability to learn various proprietary software programs. * Must have legal right to work in the U.S.The successful candidate will receive a competitive compensation package, excellent benefit package to include: Health, Rx, Dental, Vision, Life Insurance (Company Paid), AD&D Insurance, Additional Voluntary Life Insurance, Short Term/Long Term Disability Insurance, Flexible Spending, 401(k) with match, generous PTO and much more...NewLane Finance is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, age, protected veteran or disabled status, or genetic information.NewLane Finance will not be able to provide Relocation or SponsorshipWSFS Bank is inclusive and supportive of individual needs. If you have a physical or other impairment that might require an accommodation, including technical assistance with the WSFS Bank Careers website or submission process, please contact us via email at XXXX@wsfsbank.com.WSFS is an equal opportunity employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Company:
Wsfs Financial
Posted:
April 11 on Broadbean
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More About this Listing: Litigation Paralegal
Litigation Paralegal is a Accounting & Finance Litigation Paralegal Job at Wsfs Financial located in Philadelphia PA. Find other listings like Litigation Paralegal by searching Oodle for Accounting & Finance Litigation Paralegal Jobs.
Litigation Paralegal is a Accounting & Finance Litigation Paralegal Job at Wsfs Financial located in Philadelphia PA. Find other listings like Litigation Paralegal by searching Oodle for Accounting & Finance Litigation Paralegal Jobs.