Credit Union Portfolio Recovery Manager

5 days ago


Edgewood, Maryland, United States APGFCU Full time

APGFCU - A Premier Credit Union

About APGFCU

We are a community-focused credit union dedicated to providing exceptional financial services and products to our members. With over 80 years of experience, we have established ourselves as a trusted partner in the financial industry.

Job Overview

We are seeking an experienced Credit Union Portfolio Recovery Manager to join our team. As a key member of our Member Solutions department, you will be responsible for managing all recovery activities and business support functions.

Responsibilities
  • Recovery Management: Manage all recovery activities, including foreclosures, bankruptcies, estates, repossessions, deceased, and post-charge-off collections.
  • Supervision: Lead a team of Recovery Specialists, provide coaching, mentoring, counseling, and disciplinary actions as needed.
  • Business Support: Manage delinquent mortgage portfolios, prepare Special Asset Committee updates, and demonstrate forecasting skills.
  • Post-Collections: Ensure compliance with credit union policy, bankruptcy code, legal regulations, and Fair Debt Collection Practices Act.
Requirements

To be successful in this role, you will need:

  • Bachelor's degree or equivalent in directly related work experience.
  • Seven to ten years of business experience, including credit and collections practices, and profit and loss recovery.
  • Three or more years of managerial experience.
  • Excellent leadership, team building, and motivational skills.
  • Good verbal communications, interpersonal skills, analytical ability, organizational skills, skip tracing, Excel, Word, or other similar applications.
Salary and Benefits

The estimated salary for this position is $85,000 per year, plus benefits, including competitive pay, great benefits, and opportunities for professional growth and development.



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