Wyndham Worldwide

Senior Counsel

Posted on: 2 Feb 2021

Parsippany, NJ

Job Description

Wyndham Hotels & Resorts is now seeking a Senior Counsel to join our team at the Parsippany - 22 Sylvan Way location in Parsippany, New Jersey.

Job Summary

This position will help protect the companys interests during the entire life cycle of its relationship with its franchisees. This position is responsible for providing legal advice in the areas of franchised hotel retention; real estate and other forms of secured collateral; senior and mezzanine lending, workouts, and restructuring; contracts compliance; and general business counseling operations. This person will counsel the contracts compliance team with respect to events giving rise to default or termination; advise the franchise retention team during the negotiation of franchise agreements and draft deal-specific provisions; counsel the company on the legal risks associated with various forms of deal financing and collateral; negotiate settlement or restructuring agreements relating to distressed properties; and advise management on recent changes in laws and regulations that affect the company. The position will support the franchised relicensing and operations teams through regular interactions with other legal and cross-functional teams (finance, tax, risk management, HR) and outside counsel.

Responsibilities

* Advises contracts compliance team regarding events giving rise to default, termination and other compliance action under franchise agreements
* Counsels the franchise relicensing teams and drafts and negotiates deal-specific provisions in franchise agreements
* Advises relicensing team with respect to temporary operating and assumption agreements with receivers, lenders and other short-term operators
* Advises settlements team and reviews and drafts termination, reinstatement or restructuring agreements
* Negotiates and drafts comfort letters with senior/mezzanine/bridge lenders in connection with franchisee financing

Competencies

Excellent writing and oral communication skills and attention to detail
Ability to think independently and make sound decisions without long contemplation or research
Strong analytical and drafting skills, with experience drafting transaction documents required
Ability to promptly and effectively respond to questions and concerns from senior management, clients, and customers and explain complex transactional issues in plain English
Ability to define problems, collect relevant information, establish facts, draw valid conclusions and exercise sound discretion and judgment in making decisions and performing duties
Self-starter; ability to multi-task and manage competing priorities
Demonstrated ability to influence individuals outside direct reporting relationships

Experience/Certificates/Education

Law degree
Admission to NJ or NY Bar
A minimum of 5 to 7 years of relevant experience in a top tier law firm or in house environment (or combination of the two)
Strong transactional and counseling foundation
Experience in senior and mezzanine lending, workout, or restructuring, commercial contracts, and business counseling required
Hospitality industry and/or franchising experience preferred

COMPANY OVERVIEW:
Wyndham Hotels & Resorts is the largest hotel franchisor in the world and a leading hotel management company. We stand 20 brands strong across 9,000 hotels in more than 80 countries, and we offer the most diverse collection of hotel experiences in the world. Our iconic brands, united by the richest and simplest rewards program in the business, make hotel travel possible for all.

Our hotel owners are the stewards of our brands, and together, we champion everyday travelers. We believe guests deserve great experiences, and our robust portfoliodistinguished by our leading economy and midscale brandsdelivers just that.

We are AmericInn by Wyndham, Baymont by Wyndham, Days Inn by Wyndham, Dazzler by Wyndham, Dolce Hotels and Resorts by Wyndham, Esplendor Boutique Hotels by Wyndham, Hawthorn Suites by Wyndham, Howard Johnson by Wyndham, La Quinta Inns & Suites, Microtel by Wyndham, Ramada Encore by Wyndham, Ramada Worldwide by Wyndham, Super 8 by Wyndham, The Trademark Collection by Wyndham, Travelodge by Wyndham, TRYP by Wyndham, Wingate by Wyndham, Wyndham Garden, Wyndham Grand and Wyndham Hotels and Resorts.

Headquartered in Parsippany, N.J. with offices around the globe in London, Shanghai, Buenos Aires, Dubai and more, Wyndham Hotels & Resorts employs approximately 15,000 team members worldwide.

Our Company is an Equal Employment Opportunity Employer.

Job Location: Parsippany - 22 Sylvan Way, 22 Sylvan Way, Parsippany, New Jersey 07054
Employment Status: Full-time

Wyndham Worldwide

Orlando, FL

Our global presence in 110 countries at more than 200 vacation ownership resorts and 4,300+ affiliated exchange properties distinguishes Wyndham Destinations as the world’s largest vacation ownership, exchange and rental company.  Each year our team of 25,000 associates delivers great vacations to millions of families as they make memories of a lifetime. 

Beliefs and Values

What we believe . . .

We believe in putting the world on vacation.

Vacations fuel our company, our careers and the lives of our customers. We open the world to travel. We celebrate the joy of the journey and the delight of the destination.

We believe in finding your perfect place.

Wyndham Destinations enables you to own vacations forever, exchange for a new view, or rent for a visit.

We believe in hospitality with heart.

Vacations deliver some of life’s best memories, and our global team is here to help you make the most of our big, wide world.

Our world is your destination.(SM)

Wyndham Destinations Core Values:

The execution of our strategy is firmly anchored by our culture — the foundation comprised of the shared values, competencies and spirit of our global team. Aligned with our vision to put the world on vacation, our values are the HEART of Wyndham Destinations:

Hospitality
Engagement
Accountability
Respect
Teamwork

We recognize that our impact on customers, associates, and communities strengthens lives. Wyndham Destinations thrives upon the commitment of our 24,000+ associates, and we foster a culture that unlocks the full potential for success as a company, and as individual and team contributors.