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Asset Recovery Manager
2 months ago
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Establish goals and lead staff to attainment of goals.
Ensure compliance with all federal and state regulations, particularly related to fair debt collection practices.
Monitor performance of the Banks’ past due accounts and the effectiveness of the individual collectors.
Report results of collection activity on a regular basis to the Head of Lending.
Manage the process of repossession/foreclosure and disposition of property.
Recommend monthly charge offs to the Head of Lending.
Assist the Asset Recovery Specialists in keeping current with collection practices and training.
Assists with outside auditors and representatives from both private and regulatory agencies during examinations.
Manage, supervises and develops asset recovery staff through training and establishment of performance objectives
Analyze, prepare, and submit Asset Recovery reports to Head of Lending on a regular basis and as needed
Qualifications:
Associates Degree of equivalent plus five years collections experience.
Two years supervisory experience.
Excellent telephone skills with the patience to deal with customers in a tactful manner and ability to stay calm during difficult/tense situations.
Ability to negotiate with repossession outlets, attorneys, and realtors in a professional manner.
Member FDIC
Equal Opportunity Employer
Minority/Female/Disability/Veteran
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