Legal Counsel | documentationBahay Financial Services, Inc.

Job Summary:
Primarily responsible in providing fast, relevant and cost-effective legal support for the asset management activities of the Company particularly in the areas of documentation and research, including document custody.
Responsibilities:
Reviews legal documents relating to Authority to Transact (ATT) and Original Loan Folders (OLF)
Reviews Transactional Documentation
Manages documentation database
Handles all legal queries relevant to legal documentation
Supports Management with preparation of Management Information System (MIS) reports
Oversees vault management
Performs other job-related projects as may be assigned from time to time
A graduate of JD or Bachelor of Laws Degree
Bar passer
With at least two (2) years of Legal practice in Litigation, Tax or Corporate;
With experience and exposure in the field of banking or real estate law practice.
Oral and written communication (English and Filipino) skills
Research and analytical skills
Strategic planning and organizing skills
Time management skills
People management skills
Interpersonal skills (Internal and External)
Meticulous and attentive to details
Service oriented
Can establish good rapport with internal clients
Honest and trustworthy
Can extend working hours
Directly reporting to the Legal Head
Entry Level / Junior, Apprentice Legal Banking / Mortgage 1 opening Bachelor's degree graduate
Bahay Financial Services, Inc. or BFS Inc. is a pioneering multinational mortgage servicing company that was established in 2005 by an institutional investment fund managed by a leading global fund manager.We are a mortgage servicer. As a mortgage servicer, the services of BFS are classified into two primary buckets:1. Regular Servicing: is what a servicer do for performing loans. Performing loans are loans with payments that are up to date. Regular servicing is the preferred 1st way out - we bill, collect and perform credit administration services for the borrowers whose payments are up to date. We go after borrower for their regular payment.2.Special Servicing: is what a servicer do to mitigate total loss of a loan that has become non-performing. TO mitigate the loss, the following maybe resorted to: A.Remedial Management - a loss mitigation effort that involves working out a loan modification with the original borrower whose capacity to pay based on the original terms has been challenged. This is the 1st option to recovery when a loan has become non-performing. This type of servicing is the core of what we do - simply because we want to, as much as possible, resolve the loan with the original borrower. This we do by doing field work, and call outs to try and negotiate a possible loan modification. Loan modification is simply the restructuring of the loan - changing its payment terms and principal based on the financial circumstances of the original borrower. B.Default Management is a loss mitigation effort that occurs when financial resolution of the original borrower is no longer feasible. Under default management, we go after the property once all efforts have been exhausted with the original borrower. Since remedial management doesn't seem to be a viable option anymore, then we resort to foreclosing the property, securing it and eventually finding a buyer for a third party property sale.We are located at 23rd Floor RCBC Savings Bank Corporate Center, 26th Street, Bonifacio Global City, Taguig.Walk In Applicants are encouraged to apply. Please bring an updated copy of your resume and a valid ID.You may call us at 7848230 loc 587 or 370
Kalibrr

Taguig City, Metro Manila
Permanent
Full-time