Collateral Recovery Specialist
2 days ago
The Collateral Recovery Specialist plays a critical role in protecting the Credit Union's security interest in collateral pledged in loan obligations. This position is responsible for managing and maintaining all activities related to exercising remedies to secure collateral on defaulted loans.
Key Responsibilities- Ensure timely assignment and review of all recovery-eligible accounts assigned to Default Management.
- Manage activities related to collateral location identification and skip tracing, ensuring timely disposition and making data-driven decisions on collateral reconditioning.
- Communicate effectively with Loss Mitigation team(s) to ensure all collateral recovery recommendations are reviewed and implemented.
- Apply proceeds from the disposition of collateral accurately and timely.
- Hold vendor relationships accountable for timely response and progression of accounts assigned for recovery.
- Review performance of collateral recovery agents to ensure practices align with Credit Union values and policies.
- Maintain accurate documentation of collection activity records for effective internal communication and legal processing.
To be successful in this role, you will need:
- Minimum 4 – 6 years' experience in collateral recovery.
- Excellent verbal, written, telephone, and interpersonal communication skills.
- Strong analytical and problem-solving skills.
- PC proficiency, including Microsoft Office and the Internet.
- Ability to function in a Consumer business office environment and utilize standard office equipment.
- Ability to lift a minimum of 25 lbs.
While not required, a BA/BS in Finance or Business Discipline, previous financial institution work, and collection experience at a Credit Union or other financial institution are desirable.
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Collateral Recovery Specialist
5 days ago
Raleigh, North Carolina, United States Local Government Federal Credit Union Full timeAbout the PositionThe Collateral Recovery Specialist plays a critical role in protecting the Credit Union's security interest in collateral pledged in loan obligations. This position requires a high level of expertise in managing and maintaining all activities related to collateral recovery, from assignment through disposition and finalization.Key...
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Collateral Recovery Specialist
6 days ago
Raleigh, North Carolina, United States Local Government Federal Credit Union Full timeAbout the PositionThe Collateral Recovery Specialist plays a critical role in protecting the Credit Union's security interest in collateral pledged in loan obligations. This position is responsible for managing and maintaining all activities related to exercising remedies to secure collateral on defaulted loans.Key ResponsibilitiesEnsure timely and compliant...
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Collateral Recovery Specialist
1 day ago
Raleigh, North Carolina, United States Local Government Federal Credit Union Full timeAbout the PositionThe Collateral Recovery Specialist is a critical role within our organization, responsible for managing and maintaining all activities related to exercising remedies to protect the Credit Union's security interest in collateral pledged in loan obligations.This position will be responsible for understanding and adhering to policies and...
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Collateral Recovery Specialist
4 days ago
Raleigh, North Carolina, United States Local Government Federal Credit Union Full timeAbout the PositionThe Collateral Recovery Specialist plays a critical role in protecting the Credit Union's security interest in collateral pledged in loan obligations. This position is responsible for managing and maintaining all activities related to exercising remedies to protect the Credit Union's security interest.Key ResponsibilitiesEnsure timely...
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Collateral Recovery Specialist
4 weeks ago
Raleigh, North Carolina, United States Local Government Federal Credit Union Full timeAbout the PositionThe Collateral Recovery Specialist plays a critical role in protecting the Credit Union's security interest in collateral pledged in loan obligations. This position is responsible for managing and maintaining all activities related to exercising remedies to secure collateral on defaulted loans.Key ResponsibilitiesEnsure timely and compliant...
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Collateral Recovery Specialist
6 days ago
Raleigh, North Carolina, United States Local Government Federal Credit Union Full timeAbout the RoleCivic Culture is a values-driven organization that prioritizes the success and well-being of its employees. We believe in doing well by doing good and strive to create a dynamic workplace that fosters professional growth and individual development.Job SummaryThe Collateral Recovery Specialist is a critical role within our organization,...
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Collateral Recovery Specialist
4 days ago
Raleigh, North Carolina, United States Local Government Federal Credit Union Full timeAbout the PositionThe Collateral Recovery Specialist plays a critical role in protecting the Credit Union's security interest in collateral pledged in loan obligations. This position is responsible for managing and maintaining all activities related to exercising remedies to protect the Credit Union's security interest.Key ResponsibilitiesAdhere to all...
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Collateral Recovery Specialist
2 weeks ago
Raleigh, North Carolina, United States Local Government Federal Credit Union Full timeAbout the PositionWe are seeking a highly skilled Collateral Recovery Specialist to join our team at Local Government Federal Credit Union. As a key member of our team, you will be responsible for managing and maintaining all activities related to exercising remedies to protect our security interest in collateral pledged in loan obligations.Key...
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Collateral Recovery Specialist
2 weeks ago
Raleigh, North Carolina, United States Local Government Federal Credit Union Full timeAbout the PositionWe are seeking a highly skilled Collateral Recovery Specialist to join our team at Local Government Federal Credit Union. As a key member of our Default Management team, you will be responsible for managing and maintaining all activities related to exercising remedies to protect our security interest in collateral pledged in loan...
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Collateral Recovery Specialist
4 weeks ago
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Collateral Recovery Specialist
2 days ago
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