Connect with us:

Active Searches

Senior Counsel, Commercial Mortgage Loans, Symetra, Bellevue, WA

Email to a Friend

Interested in this opportunity?

Apply Now

Symetra has exclusively engaged Harris Legal Search to recruit a Senior Counsel to support their Commercial Mortgage Loan Department.  This position will be based in Bellevue, Washington.

Harris Legal Search has been exclusively engaged by Symetra to recruit a Senior Counsel, Commercial Mortgage Loans to be based in Bellevue, WA.  The Senior Counsel will assume responsibility for supporting the Commercial Mortgage Loan Department in all facets of the day-to-day legal issues arising in the origination and servicing of mortgage loans made by Symetra across the country, including support for state-specific document form development.

PRIMARY RESPONSIBILITIES

The Senior Counsel will:

  • Service day-to-day legal needs, consisting of negotiation of legal provisions, loan document customization and drafting, and review of borrower organizational documents, in a high-paced mortgage loan department.
  • Consult with business to identify, assess, and resolve legal risks and problems, including loans in default, foreclosure or workout.
  • Manage outside counsel engaged for mortgage loan origination and servicing work, as well as for troubled debt and litigation, including obtaining necessary direction on state-specific laws and practices.
  • Identify areas for process improvement and streamlining, including refinement of standardized templates, automation, checklists, and training.
  • Keep abreast of legal issues affecting commercial mortgage loans by active participation in relevant trade groups.
  • Establish respect, trust and confidence of mortgage loan clients and demonstrate leadership on legal issues for effective working relationship.
  • Provide counsel / experience outside of mortgage loan department on other legal issues within expertise.

REQUIREMENTS

  • JD degree from an accredited law school.
  • 5 plus years of relevant law firm or in-house commercial mortgage loan experience representing institutional lenders.
  • Specific experience with commercial mortgage loans, particularly $5 million and under.
  • Bar admission in at least one state or in D.C., with expectation of eventual general admission to the Washington State Bar Association or limited admission to the WSBA as in-house counsel.

SKILLS AND ABILITIES

  • Strong knowledge of commercial real estate lending, including mortgage law, promissory notes, and guaranty enforcement.
  • Experience, from the commercial mortgage lender’s standpoint, with the following:
    • conducting due diligence on borrowers’ organizational documents and leases with tenants.
    • lease subordination agreements.
    • bankruptcy, foreclosures and loan workouts.
    • title insurance law and practice.
  • Excellent ability to draft contract language under pressure for complicated loan structures.
  • Strong contract negotiation skills.
  • Ability to pragmatically identify, analyze and find solutions for legal risks arising from loan structuring, title, leasing, borrower authority, and other matters.
  • Ability to excel in a fast-paced environment and manage multiple short-term tasks under pressure.
  • Excellent verbal and written communication skills.

ABOUT THE COMPANY

Symetra is a dynamic and growing financial services company with 60 years of experience and customers nationwide.  In its daily work delivering retirement, employee benefits and life insurance products, Symetra is guided by the principles of value, transparency and sustainability.  That means Symetra provides products and services people need at a competitive price, they communicate clearly and honestly so people understand what they’re getting, and they build products that stand the test of time. Symetra works hard and does what’s right for its customers, communities and employees.

Position Inquiries

Please provide your information and upload your CV. Please note the types of positions you are interested in being considered for.

For general inquiries, please use the general contact form.

Please be assured that your identity and materials are strictly confidential. Harris Legal Search will not share your information with third parties without your express permission.

Due to the high number of candidate submissions that we receive, we regret that we cannot respond personally to everyone who contacts us. However, we will definitely keep your information on file. If our corporate or law firm clients have an appropriate opportunity for your background, we will be in touch.