Socotra Capital · 19 hours ago
Associate Counsel
Sacramento, CA
Full-time
Onsite
Mid, Senior Level
$170K/yr - $170K/yrSocotra Capital is seeking an experienced Associate Counsel to provide direct legal support across bankruptcy matters and real estate litigation. This role involves hands-on legal work, strategic oversight of outside counsel, and compliance management.
Real Estate
Responsibilities
Directly represent the company and its affiliates in bankruptcy proceedings and real estate‑related litigation
Supervise and coordinate outside counsel handling litigation and bankruptcy matters
Manage and respond to discovery requests and litigation support needs from outside counsel
Establish and maintain a calendar/diary system to track and evaluate outside counsel activity on litigation, bankruptcies, and non‑California foreclosures (both judicial and non‑judicial)
Provide legal oversight for special servicing functions, including:
Forbearance and loan modification agreements
Issuing demands for rents in assignment‑of‑rents situations
Monitoring foreclosure activities and supporting foreclosure vendors with procedural or factual needs
Draft and review a variety of transactional documents, such as:
Loan purchase agreements
LLC purchase/transfer agreements
Custom loan documents to support underwriting, servicing, or asset‑sale objectives
Oversee compliance processes, with training and support provided where needed, including:
Mortgage pool/investor compliance following procedures developed by outside counsel
Management of licensing requirements and staff handling of:
Annual license renewals
Annual and quarterly filings with regulatory agencies
Supervision of corporate, LLC, and Secretary of State filings
Bank Secrecy Act (BSA) compliance oversight
Develop familiarity with general company operations to serve as a backup for the Chief Operating Officer, including:
Participation in loan committee and underwriting processes
Understanding loan production and servicing workflows
Supporting various corporate insurance needs
Qualification
Required
Juris Doctor (JD) from an accredited law school
Active bar membership in good standing
Significant experience in bankruptcy law, real estate litigation, or financial‑services legal support
Experience supervising outside counsel
Strong drafting skills with transactional legal documents
Working knowledge of regulatory compliance, or willingness to learn quickly
Excellent organizational, communication, and cross‑functional collaboration skills
Benefits
401(k)
401(k) matching
Dental insurance
Health insurance
Life insurance
Paid time off
Retirement plan
Vision insurance
Company
Socotra Capital
Socotra Capital provides Private Money Lending, Trust Deed Investing, Real Estate Financing, Hard Money Loan and Real Estate Services
Founded in 2007
11-50 employees
Funding
Current Stage
Early StageLeadership Team
Paul Cotter
Chief Operations Officer and In-House Counsel
Recent News
2025-10-01
Private Capital Journal
2025-07-22
Company data provided by crunchbase