Job Details

Seeking Senior Collections Recovery Specialist for Santa Maria, CA

Company

Military-Civilian

Published

2022-01-26

Closes

 

Location

Santa Maria, California, United States

Category

Accounting, Banking and Finance, Engineering

Type

Full-time

Description

1489 Senior Collections Recovery Specialist for Santa Maria, CA

Full Time   Travel

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1489 Senior Collections Recovery Specialist
Non-Exempt Employee Full Time Clerical
Santa Maria, CA 93454
 
Summary
Under the general supervision of the Collections Manager, the Senior Collections Recovery Specialist is responsible for performing a wide variety of member collections duties.    Communicates with members to resolve outstanding delinquent accounts and minimize losses to the Credit Union and its members. Maintains a high level of member service and professionalism when dealing with difficult and sensitive situations. Professionally communicates with attorneys, Trustees, and credit counseling services to ensure maximum recovery and protection for the Credit Union.
Please apply online

Essential Functions
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The following statements are intended to describe the general nature and level of work being performed by this position.  It is not intended to be an exhaustive list of all duties, responsibilities, and skills required of this position.  Other duties may be assigned to meet business needs.
Researches and analyzes data on past due and charged off loan accounts including negative share.
Contact members and third parties via telephone, letter, and email to determine reason for delinquency or loss.
Negotiates and establishes repayment plans on charge off loans for those with the intention of repayment.
Uses skip tracing efforts and tools to maximize contact for our members or analyze assets to pursue legal action.
Evaluates payments being made on delinquent accounts and determines how payment will be applied.
Responds to members’ inquiries and requests and assists in completing forms and documents.
Resolves member problems and/or complaints.
Research account loan transactions to resolve payment errors that lead to reducing losses.
Reviews accounts and loans to determine if legal action is feasible and financially responsible using professional judgment combined with CoastHills standards.
Works with legal counsel for summons and complaints, liens, bank levies.
Provides oversight on legal fees to ensure cost is minimized.
Evaluates and acts on bankruptcy cases filed by Credit Union members.
Review bankruptcy documents filed by members or members’ attorneys for accurate filing and discharge avoidance. 
Attends 341 Meetings as needed, either in person or on phone or online. Questions members regarding intentions, location of vehicle, condition of vehicle, the Petition or other Bankruptcy documents, etc.    
Files Proof of Claims to maximize recovery of loans; files or assists legal counsel with obtaining Reaffirmation Agreements to protect Credit Union collateralized loans.  Maintains files and performs file maintenance in tracking software of bankrupt loans/shares/members.
Works with collections agencies to cure or maximize amount of post charge-off recoveries on loans exceeding legal statute.
Acts as backup for the Collection Officers, ODP Officer and department administrative staff.
Assists team members to maximize recovery of repossessions, foreclosures, and charged off loans and shares.
Makes collection efforts in accordance with FDCPA and California’s Rosenthal Fair Debt Collection Practices Act.
Regularly attends and participates in in-house training.
Performs duties as assigned by management and may be assigned to work at any location.

Qualifications
The qualifications listed below are representative of the knowledge, skill and/or ability required to perform the essential functions of this position.

Education and Experience
High School diploma or equivalent with a minimum of five years of experience in the field/related area, or two years of experience with an AA degree.
 
Certificates, Licenses and Registrations
None.
 
Knowledge
Credit Union products, services, programs, and promotions.
Experience with computer systems and software.
 
Other Skills and Abilities
Performs duties accurately and efficiently, even with frequent interruptions.
Operates a variety of office equipment and machines.
Travels, attends, and participates in meetings, seminars, and conferences held before and after normal business hours that may require unaccompanied long-distance travel and overnight lodging.
Ability to work a variety of hours, including evenings and weekends.                                                                                       

Physical Requirements
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.  Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

Please apply online