Staff Attorney - Residential Real Estate Loans Investments
Neuberger Berman
Neuberger Berman, a leading global asset manager, is seeking a Staff Attorney to join our dynamic Legal and Compliance Department in Chicago. As a Staff Attorney, you will play a pivotal role in ensuring that our Residential Real Estate Loan Investment Team operates within a robust legal framework, facilitating seamless and compliant investment operations.
The Residential Real Estate Loan Investment Team is engaged in purchasing residential mortgage loans and other real estate-related assets, managing loan portfolios, and trading activities associated with these assets. The team assesses and manages investment risks, performs due diligence on potential acquisitions, and optimizes loan portfolio performance, including through the use of leverage and securitizations.
**Key Responsibilities:**
+ Provide comprehensive legal support to facilitate the whole loan trading process, ensuring the accurate execution and delivery of trade documents, notices, and related materials.
+ Oversee the organization of all fund-related entities, manage secretary of state filings, formations, annual reports, and management of registered agents, and ensure effective internal record-keeping
+ Manage and update all legal databases and other records related to fund documents, agreements, assets, and corporate structures.
+ Support the due diligence process for loan acquisitions, focusing on title and survey issue resolution and regulatory compliance.
+ Draft, review, and negotiate contracts for loan acquisitions, sales, and servicing agreements, ensuring compliance and protection of the firm's interests.
+ Ensure all investment activities adhere to applicable laws and regulations, including state and federal mortgage lending and servicing laws.
+ Identify and mitigate legal risks associated with residential loan investments, including foreclosure processes and loss mitigation strategies.
+ Provide legal support in handling disputes or litigation, including foreclosure proceedings and other legal actions, related to the loan portfolio.
**Qualifications:**
+ Juris Doctorate
+ 1-2 years of experience as a lawyer
+ Experience with real estate and lending is ideal but not required.
+ Basic knowledge of corporate law, including corporate governance, compliance, and regulatory requirements.
+ Experience in reviewing, drafting, and negotiating contracts and agreements.
+ Demonstrated ability to provide high-quality service and build strong relationships with clients.
+ Strong verbal and written communication skills.
+ Ability to work independently and collaboratively within a team environment.
+ Well organized with strong attention to detail.
+ Capacity to manage and prioritize multiple projects and deadlines.
+ Proficient in the Microsoft Office 365 suite.
\#LI-DD2
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Compensation Details
The salary range for this role is $110,000-$130,000. This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. This range is only applicable for jobs to be performed in Illinois. An employee’s pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, performance, shift, travel requirements, sales or revenue-based metrics, any collective bargaining agreements, and business or organizational needs. This job is also eligible for a discretionary bonus. We offer a comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401(k), life insurance and other benefits to eligible employees.
**Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, production, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.**
_Neuberger Berman is an equal_ _opportunity/affirmative_ _action employer. The Firm and its affiliates do not discriminate in employment because of race, creed, national origin, religion, age, color, sex, marital status, sexual orientation, gender identity, disability, citizenship status or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact_ _onlineaccommodations@nb.com_ _._
_Learn about the Applicant Privacy Notice (https://www.nb.com/en/global/disclosure-privacy-policy) ._
Founded in 1939, Neuberger Berman is a private, independent, employee-owned investment manager. From offices in 39 cities worldwide, the firm manages $481 billion in client assets (as of June 30, 2024) across a range of strategies—including equity, fixed income, quantitative and multi-asset class, private equity and hedge funds—on behalf of institutions, advisors and individual investors globally.
Tenured, stable and long-term in focus, the firm has built a diverse team—including 750-plus investment professionals and more than 2,800 employees in total—united in their commitment to delivering client outcomes and investment excellence. It is our people who define our culture and have enabled us to be recognized by _Pensions & Investments_ as the first or second "Best Place to Work in Money Management” for last eight consecutive years (firms with 1,000+ employees).
Neuberger Berman believes strongly that all employees are entitled to be treated with respect and dignity, and to work in a professional and safe environment. These values are the cornerstone of our firm. We prohibit any form of harassment, whether mental, verbal or physical. We do not tolerate the support of terrorist groups, acts of terrorism, or threats of violence. All who wish to be employed by the firm are expected to uphold these principles.
For important disclosures: http://www.nb.com/linkedin
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