Collateral Protection Specialist

2 weeks ago


Glendale, Arizona, United States Global Credit Union Full time

Job Title: Special Credits Insurance Control Officer I

Job Summary:

We are seeking a highly skilled and detail-oriented Special Credits Insurance Control Officer I to join our team at Global Credit Union. As a key member of our Special Credits department, you will be responsible for controlling adverse actions associated with credit union collateral, maintaining records, and adhering to department procedures and practices.

Responsibilities:

* Comply with federal, state, and local laws and credit union procedures and practices regarding adverse actions involving credit union collateral.
* Maintain records and adherence to department procedures and practices for secretions claims for collateralized loans.
* Maintain records and adherence to department procedures and practices for protection of credit union collateral when impounded by private or public agencies.
* Maintain records and adherence with department procedures and practices for member and insurance company contact during total loss claims involving credit union collateral.
* Maintain records and adherence with department procedures and practices for refund of After Market Products for repossessed collateralized loans.
* Maintain records and adherence with department procedures and practices for Collateral Protection Insurance damage and reimbursement claims for repossessed collateral.
* Perform administrative functions necessary to support Collateral Protection Insurance program, including processing claims, premiums, refunds, billings, file maintenance, and posting.
* Maintain records and adherence with department procedures and practices for proof of insurance or insurance cancellations letters received by member(s) and applicable refunds amounts within Special Credits.

Requirements:

* High school diploma or equivalent.
* Creditable experience in lieu of education: N/A.
* Requires good written and verbal communication skills. Knowledge of laws and regulations involving repossession, foreclosures, and insurance claim processing preferred.
* Tenure: SC Insurance Control Officer II, category 11, requires one year as an SC Insurance Control Officer I, category 12. SC Insurance Control Officer III, category 10, requires twelve months tenure in the SC Collateral Control Officer II, category 11.

Compensation:

* Salary Pay Range: Special Credits Insurance Control Officer I (Category 12): $48,387 - $73,549 annually.
* Special Credits Insurance Control Officer II (Category 11): $52,258 - $81,523 annually.
* Special Credits Insurance Control Officer III (Category 10): $57,484 - $90,825 annually.
* Starting base salary will be determined based on candidate experience, qualifications, education, and local or state wage requirements, if applicable, and will fall within the range provided above.

Benefits:

* Short-term and long-term incentives.
* Comprehensive medical, dental, and vision insurance plan with HSA and FSA options.
* 401(k) plan with a 5% match.
* Employee Assistance Program (EAP).
* Life and disability coverage.
* Voluntary cash benefits for accident, hospitalization, and critical illness.
* Tuition Reimbursement.
* Generous leave programs, including Paid Time Off accrual, Paid Sick Leave, and Paid Holidays.

Equal Opportunity Employer



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