Recovery Specialist

2 weeks ago

Valencia, California, United States Logix Federal Credit Union Full time
Job Summary

We are seeking a highly skilled Recovery Specialist to join our team at Logix Federal Credit Union. As a Recovery Specialist, you will play a critical role in recovering charged-off consumer loan losses and mitigating losses for our members.

Key Responsibilities
  • Locate and contact members whose accounts were previously charged-off and deemed uncollectable to attempt to make arrangements for repayment.
  • Establish and follow up on repayment schedules on accounts where applicable for debt repayment based on member financial situations.
  • Conduct initial reviews of charged-off consumer loan losses to identify potential for assignment to outside counsel, repossession, collection agency, or post judgment recovery.
  • Work within your team and have a direct impact on your tasks.
  • Communicate and negotiate payment agreements within established guidelines; adhere to all pertinent federal and state regulations at all times.
Requirements
  • 3-5 years of collections experience.
  • Basic knowledge of the legal aspects of collection, bankruptcy, and repossession; knowledge of the Fair Debt Collection Practices Act.
  • Knowledge of online collection systems software and the Microsoft suite of office products.
Corporate Values

We value open communication, accountability, teamwork, and a service-oriented approach. If you are a motivated and detail-oriented individual who is passionate about collections and recovery, we encourage you to apply for this exciting opportunity.

Logix Federal Credit Union is an equal opportunity employer that does not discriminate in employment opportunities or practices on the basis of race, religion, color, sex, sexual orientation, gender identity, national origin, protected veteran or disability status, or any other status protected by law.

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