Litigation Attorney

NewtekOne®, Your Business Solutions Company®, is a financial holding company, which along with its bank and non-bank consolidated subsidiaries, provides a wide range of business and financial solutions under the Newtek® brand to the small- and medium-sized business ("SMB") market. Since 1999, Newtek has provided state-of-the-art, cost-efficient products and services and efficient business strategies to SMB relationships across all 50 states to help them grow their sales, control their expenses, and reduce their risk.

Newtek's and its subsidiaries' business and financial solutions include: banking (Newtek Bank, N.A.), Business Lending, Electronic Payment Processing, Technology Solutions (Cloud Computing, Data Backup, Storage and Retrieval, IT Consulting), eCommerce, Accounts Receivable Financing & Inventory Financing, Insurance Solutions, Web Services, and Payroll and Benefits Solutions.

Small Business Lending is looking to add a Litigation Attorney to the team!

Essential Functions & Responsibilities: (other duties may be assigned as needed):

• Oversee and manage outside counsel retained by Newtek Bank, NH6, and NSBF in connection with litigation, foreclosure, bankruptcy, and loan liquidation matters.


• Direct litigation strategy and monitor legal proceedings involving commercial loans, secured transactions, creditor rights, collections, and servicing disputes.


• Review and evaluate pleadings, motions, settlement agreements, litigation budgets, and legal invoices submitted by outside counsel.


• Provide legal guidance and strategic recommendations regarding foreclosure actions, bankruptcy proceedings, receiverships, workouts, loan restructurings, and collateral recovery efforts.


• Collaborate with internal servicing, credit, asset management, collections, and executive teams to develop and execute recovery and litigation strategies.


• Analyze legal risks associated with loan enforcement actions and advise management on exposure, reserves, and resolution options.


• Monitor compliance with federal, state, and local laws governing lending, servicing, foreclosure, bankruptcy, and debt recovery activities.


• Coordinate responses to borrower disputes, litigation claims, subpoenas, and regulatory inquiries.


• Assist in developing and implementing policies, procedures, and best practices related to litigation management and loan recovery operations.


• Track litigation progress and provide regular status updates and reporting to senior management.


• Support negotiations involving settlements, loan workouts, restructuring agreements, and contested matters.


• Manage multiple legal matters simultaneously while ensuring timely and cost-effective resolution outcomes.

Knowledge, Skills & Abilities:

• Active membership and good standing with at least one state bar association.


• Minimum of four (4) years of legal experience in commercial litigation, foreclosure, bankruptcy, creditor rights, and commercial real estate matters.


• Prior experience working for or representing a financial institution, bank, commercial lender, or specialty finance company strongly preferred.


• Knowledge of commercial loan documentation, secured lending, UCC matters, foreclosure processes, bankruptcy law, and loan servicing litigation.


• Experience managing and supervising outside counsel across multiple jurisdictions.


• Strong understanding of litigation management, risk assessment, and recovery strategies involving distressed commercial assets.


• Excellent negotiation, analytical, organizational, and problem-solving skills.


• Ability to interpret complex legal and financial documents and provide practical business-oriented legal advice.


• Strong written and verbal communication skills with the ability to effectively interact with executives, internal stakeholders, and external counsel.


• Proficiency with legal research tools, litigation management systems, and Microsoft Office applications.


• Ability to work in a fast-paced environment while managing competing priorities and deadlines.


• Experience with SBA lending, commercial loan servicing, or special assets/workout groups is highly desirable.


• Familiarity with banking regulations and regulatory compliance matters related to loan servicing and collections.


• Demonstrated ability to manage complex litigation portfolios and achieve favorable recovery outcomes.


• Strong business acumen and strategic decision-making capabilities.

Education & Certification Requirements:

Juris Doctor (J.D.) degree from an accredited law school.

Salary Range: $100,000 - $140,000 per year

NewtekOne is an Equal Opportunity Employer; M/F/D/V. We require all of our employees to perform work in an ethical manner and uphold our Code of Business Conduct and Ethics at all times.