Panama City, Panama, Panama
45 days ago
Legal Expense Analyst - Panama City, Panama

About World Business Lenders (www.wbl.com)

World Business Lenders (WBL) provides general purpose short-term real estate collateralized commercial loans to a broad customer base comprised of small and medium sized businesses throughout the United States that lack access to traditional funding.

Generally, working hours will be 9:00am-6:00pm Eastern Time, Monday through Friday, although hours worked may be greater based upon operational requirements. The job requires excellent oral and written command of the English language. Resumes must be submitted in English.

About the Job

Our rapid growth has created an excellent career opportunity in our Administration department. In a fast paced, high expectation, results oriented environment, the Legal Expense Analyst will be responsible for analyzing, tracking and maintaining current legal expenses, and developing and administering policies and procedures to ensure prospective legal expenses are incurred judiciously and only in accordance with established policy.

Responsibilities:

Conduct a comprehensive audit of all existing legal expenses, the majority of which relate to outside attorneys and other vendors that support the Company’s loss mitigation effort. Analyze trends and identify opportunities for cost-savings, to optimize legal expense management. Develop and administer legal expense policies and procedures, including budgeting and a defined approval process prior to expenses being incurred. Review and validate legal expenses, identifying and appropriately escalating any invoicing errors/discrepancies. Develop and maintain strong relationships with outside attorneys and other vendors, negotiating favorable terms and resolving any issues. Track and monitor legal expenses on an ongoing basis to ensure compliance with established policies and procedures. Propose cost-saving strategies to management to enable cost efficiency and effective financial planning. Other projects and duties as assigned.

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