Senior Associate, Recovery Services
Stretto is hiring a Senior Associate in our Recovery Services group. In this exciting role, you will help manage a fast-paced and dynamic part of our business. Successful employees will have the opportunity to pursue a career progression plan and transition into senior roles based on developed skills and competencies.
The Senior Associate, Recovery Services plays a central role in the administration of client work, which focuses on data analysis and resolution of matters relating to Demand Letters or Complaints asserting preferential transfer causes of actions pursued under Sections 547 of the US Bankruptcy Code.
The Senior Associate will manage a case load personally, while also ensuring group responsibilities are completed effectively. The Senior Associate will interact with clients and assist and support partner counsel in connection with settlement negotiations relating to each matter. This will include obtaining and managing data, analyzing data / defense analyses asserted by opposing parties and/or counsel, and preparing independent data analyses in response.
Group level responsibilities include responding to communications including requests for extensions from adversaries and requests for information, case tracker maintenance and creation / implementation of template responses, as well as periodic projects such as preparation and distribution of Demand Letters, filing and service of Summonses and Complaints and preparing portfolio-level reports and analyses.
Candidates with litigation experience and / or experience managing preference matters is a plus, as is familiarity with the U.S. Bankruptcy Code and bankruptcy process. The Senior Associate is expected to possess an intermediate level of proficiency in Excel and learn to manage the preference defense model directly.
Below is a list of specific tasks that the Senior Associate, Recovery Services is responsible for:
Demand Letter / Complaint prep:
Work with clients to obtain materials needed to prepare defense analysis, demand letters and complaints
Manage research on corporate names / addresses, registered agents
Manage prep of Demand Letters and Complaints (e.g., review of drafts and data merge)
Manage production and mailing/filing of Demand Letters and Summonses / Complaints
Perform other tasks as needed to facilitate Demand Letter / Complaint prep
Assigned Cases:
Support partner counsel in settlement negotiations
Evaluate data-based preference defenses asserted
Conduct and/or facilitate secondary analysis
Coordinate with partner counsel to respond to defenses
Facilitate settlement negotiations
Track receipt of settlement funds
Report to direct supervisor on developments in assigned cases
Overall Portfolio:
Support partner counsel in:
Managing case communications
Facilitating completion of secondary defense analysis
Managing prep and execution of settlement documents and, when applicable, coordinate with counsel on motions seeking approval of settlement agreements
Case Tracker maintenance:
Work with junior staff to maintain all trackers
Set weekly or bi-weekly meetings to discuss issues with junior staff
Ensure updated trackers are circulated at least bi-weekly
Other Assigned tasks:
Address all tasks assigned by their direct supervisor promptly
Communicate status on task completion daily or at intervals set their direct supervisor
Assist as needed in other areas of the Legal Claims Administration group
Minimum Qualifications:
Bachelor’s degree. JD, MBA or CPA a plus.
Minimum of 5 years of experience as a bankruptcy paralegal, bankruptcy attorney, consultant, or accountant with experience in bankruptcy matters.
Strong knowledge of bankruptcy law.
Experience in managing, prosecuting, or defending preference actions.
Familiarity with statutory defenses to a preference action.
Excellent written and verbal communication skills.
Good data management skills. Proficient in Excel.
Demonstrated ability to manage multiple projects and deadlines in a fast-paced environment.
Why Join Stretto?
At Stretto, you’ll be part of a collaborative team that’s dedicated to innovation, excellence, and growth. You’ll have the opportunity to shape the direction of a rapidly expanding business unit while making a direct impact on the legal community.
The Company’s salary ranges are determined by role, level, location and alignment with market data. Individual pay is determined through interviews and an assessment of various factors, including job-related skills, relevant education and experience, abilities of the applicant, and equity with other team members. The salary range listed here is subject to change at any time, at the Company’s discretion, and does not alter in any way the at-will nature of the employment relationship.
Stretto offers a competitive and comprehensive benefits package, along with opportunities for growth. We are an equal opportunity employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, national origin, gender, age, religion, disability, sexual orientation, veteran status, marital status or any other characteristics protected by law.
The Senior Associate, Recovery Services plays a central role in the administration of client work, which focuses on data analysis and resolution of matters relating to Demand Letters or Complaints asserting preferential transfer causes of actions pursued under Sections 547 of the US Bankruptcy Code.
The Senior Associate will manage a case load personally, while also ensuring group responsibilities are completed effectively. The Senior Associate will interact with clients and assist and support partner counsel in connection with settlement negotiations relating to each matter. This will include obtaining and managing data, analyzing data / defense analyses asserted by opposing parties and/or counsel, and preparing independent data analyses in response.
Group level responsibilities include responding to communications including requests for extensions from adversaries and requests for information, case tracker maintenance and creation / implementation of template responses, as well as periodic projects such as preparation and distribution of Demand Letters, filing and service of Summonses and Complaints and preparing portfolio-level reports and analyses.
Candidates with litigation experience and / or experience managing preference matters is a plus, as is familiarity with the U.S. Bankruptcy Code and bankruptcy process. The Senior Associate is expected to possess an intermediate level of proficiency in Excel and learn to manage the preference defense model directly.
Below is a list of specific tasks that the Senior Associate, Recovery Services is responsible for:
Demand Letter / Complaint prep:
Work with clients to obtain materials needed to prepare defense analysis, demand letters and complaints
Manage research on corporate names / addresses, registered agents
Manage prep of Demand Letters and Complaints (e.g., review of drafts and data merge)
Manage production and mailing/filing of Demand Letters and Summonses / Complaints
Perform other tasks as needed to facilitate Demand Letter / Complaint prep
Assigned Cases:
Support partner counsel in settlement negotiations
Evaluate data-based preference defenses asserted
Conduct and/or facilitate secondary analysis
Coordinate with partner counsel to respond to defenses
Facilitate settlement negotiations
Track receipt of settlement funds
Report to direct supervisor on developments in assigned cases
Overall Portfolio:
Support partner counsel in:
Managing case communications
Facilitating completion of secondary defense analysis
Managing prep and execution of settlement documents and, when applicable, coordinate with counsel on motions seeking approval of settlement agreements
Case Tracker maintenance:
Work with junior staff to maintain all trackers
Set weekly or bi-weekly meetings to discuss issues with junior staff
Ensure updated trackers are circulated at least bi-weekly
Other Assigned tasks:
Address all tasks assigned by their direct supervisor promptly
Communicate status on task completion daily or at intervals set their direct supervisor
Assist as needed in other areas of the Legal Claims Administration group
Minimum Qualifications:
Bachelor’s degree. JD, MBA or CPA a plus.
Minimum of 5 years of experience as a bankruptcy paralegal, bankruptcy attorney, consultant, or accountant with experience in bankruptcy matters.
Strong knowledge of bankruptcy law.
Experience in managing, prosecuting, or defending preference actions.
Familiarity with statutory defenses to a preference action.
Excellent written and verbal communication skills.
Good data management skills. Proficient in Excel.
Demonstrated ability to manage multiple projects and deadlines in a fast-paced environment.
Why Join Stretto?
At Stretto, you’ll be part of a collaborative team that’s dedicated to innovation, excellence, and growth. You’ll have the opportunity to shape the direction of a rapidly expanding business unit while making a direct impact on the legal community.
The Company’s salary ranges are determined by role, level, location and alignment with market data. Individual pay is determined through interviews and an assessment of various factors, including job-related skills, relevant education and experience, abilities of the applicant, and equity with other team members. The salary range listed here is subject to change at any time, at the Company’s discretion, and does not alter in any way the at-will nature of the employment relationship.
Stretto offers a competitive and comprehensive benefits package, along with opportunities for growth. We are an equal opportunity employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, national origin, gender, age, religion, disability, sexual orientation, veteran status, marital status or any other characteristics protected by law.