Collateral Recovery Specialist
2 days ago
Civic Culture is a driving force behind our organization's mission to do well by doing good. We value diversity and prioritize the success and well-being of our employees. Our goal is to create a healthy environment that fosters individual growth and professional advancement. We strive to display integrity, self-awareness, courage, and respect for one another while continuously seeking opportunities to learn.
About the Position
The Collateral Recovery Specialist is 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 procedures specific to exercising the Credit Union's right to secure collateral on defaulted loans.
Key Responsibilities- Follows all repossession policies, procedures, and regulations with strict adherence, prior to assigning any collateral for recovery. Follow all applicable policies, procedures, and collection laws to ensure minimal losses to the Credit Union.
- Ensure timely assignment and review of all recovery-eligible accounts assigned to Default Management.
- Manages activities related to collateral location identification and skip tracing. Actively manages and reviews current inventory of collateral to ensure timely disposition and makes data-driven decisions on collateral reconditioning.
- Ensures all notices to borrowers are sent timely and in compliance with state and federal law. Assists with escalated actions, such as litigation, in pursuit of timely collateral recovery.
- Maintains strategic knowledge of collateral types to maximize value based on condition, geographic location, and other factors.
- Maintains oversight of collateral insurance policies and claim types as it pertains to the recovery and recondition of collateral. This includes but is not limited to, borrower insurance policies and Collateral Protection Insurance.
- Regularly communicates with Loss Mitigation team(s) to ensure all collateral recovery recommendations are reviewed and any collateral recovery strategies are actively being implemented.
- Ensures all proceeds from the disposition of collateral are applied accurately and timely.
- Holds vendor relationships accountable for timely response and progression of accounts assigned for recovery.
- Regularly reviews performance of collateral recovery agents to ensure practices are consistent with Credit Union values and policies.
- Maintains accurate documentation of collection activity records to ensure effective internal communication and legal processing.
- Provides a superior member experience by actively listening to and assessing the needs of the member, identifying and recommending solutions, and referring members to the appropriate person or department.
- Assists management with the development of departmental procedures to ensure that collection activities are handled in an effective, efficient, and consistent manner. Stay abreast of industry regulations and guidelines.
- Take ownership for actions, decisions, and results; openly accept feedback and demonstrate both the willingness and ability to improve.
Here are a few skills you MUST have to be qualified for this position.
- Minimum 4 - 6 years' experience in collateral recovery.
- Excellent verbal, written, telephone and interpersonal communication skills.
- Excellent organizational skills and attention to detail.
- Strong analytical and problem-solving skills.
- PC proficient including Microsoft Office (Word, Excel, PowerPoint, Access, Outlook) and the Internet.
- Ability to function in a Consumer business office environment and utilize standard office equipment including but not limited to: PC, copier, telephone, etc.
- Ability to lift a minimum of 25 lbs. (file boxes, computer).
- Travel required on occasion.
Here are a few qualities we'd LIKE for you to have to make you more suited for this position.
- BA/BS in Finance or Business Discipline
- Previous financial institution work desired.
- Collection experience at a Credit Union or other financial institution.
-
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...
-
Collateral Recovery Specialist
2 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 assignment...
-
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...
-
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...
-
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...
-
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...
-
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,...
-
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...
-
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...
-
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...
-
Collateral Recovery Specialist
4 weeks ago
Raleigh, North Carolina, United States Local Government Federal Credit Union Full timeAbout the RoleAt Local Government Federal Credit Union, we're committed to fostering a culture of excellence and integrity. As a Collateral Recovery Specialist, you'll play a vital role in protecting our security interest in collateral pledged in loan obligations.Key ResponsibilitiesEnsure strict adherence to repossession policies, procedures, and...
-
Rollback Driver
3 weeks ago
Raleigh, North Carolina, United States Associates Asset Recovery Full timeJob OverviewAssociates Asset Recovery is seeking a skilled Rollback Driver to join our team. As a Rollback Driver, you will be responsible for securing, storing, and transporting assigned collateral across South Carolina, North Carolina, and Georgia.Key Responsibilities:Communicate with office staff to receive assignments and appointmentsProvide detailed...
-
Disaster Recovery Specialist
4 days ago
Raleigh, North Carolina, United States Plexos Group Full timeJob OverviewPlexos Group LLC is seeking a highly skilled and experienced Disaster Recovery Specialist to support multiple disaster recovery programs in North Carolina. This role is critical in providing expertise and support in the aftermath of flooding and hurricanes, ensuring communities receive the necessary assistance to recover and rebuild.About Plexos...
-
Content Recovery Specialist
4 days ago
Raleigh, North Carolina, United States CRS Cary Full timeJob OverviewAs a Content Recovery Specialist at CRS Cary, you will play a vital role in managing and handling the contents of homes affected by fire and water damage. Your responsibilities will include the careful organization, packing, and cleaning of items, ensuring they are ready for storage and transport.Key Responsibilities:Inventory Management: Utilize...
-
Recovery and Collections Specialist
2 days ago
Raleigh, North Carolina, United States Smith Debnam Narron Drake Saintsing & Myers, LLP Full timeJob OverviewAt Smith Debnam Narron Drake Saintsing & Myers, LLP, we're committed to delivering exceptional value to our clients. Our team of professionals is dedicated to providing top-notch service, and we're seeking a skilled Recovery and Collections Agent to join our ranks.As a Recovery and Collections Agent, you'll play a critical role in collecting...
-
Recovery Operations Coordinator
2 days ago
Raleigh, North Carolina, United States Pacific Neuropsychiatric Specialists Inc Full timeJob OverviewPacific Neuropsychiatric Specialists Inc is seeking a highly motivated and detail-oriented Recovery Operations Coordinator to join our team. As a key member of our operations team, you will play a critical role in ensuring the smooth day-to-day operations of our mental health services.Key ResponsibilitiesProvide administrative support to our...
-
Consumer Lending Operations Specialist
6 hours ago
Raleigh, North Carolina, United States Local Government Federal Credit Union Full timeAbout the PositionThe Loan Operations Specialist is responsible for the daily servicing and production of the Consumer loan operations. A successful individual in this role will be forward-thinking, assisting with department projects as assigned by the operations manager and ensuring the financial institution's Consumer loan closing and servicing...
-
Consumer Lending Operations Specialist
5 days ago
Raleigh, North Carolina, United States Local Government Federal Credit Union Full timeAbout the PositionThe Loan Operations Specialist plays a vital role in the daily servicing and production of Consumer loan operations at Local Government Federal Credit Union. This position requires a forward-thinking individual who can assist with department projects, ensure adherence to financial institution policies and procedures, and contribute to the...
-
Default Management Specialist
6 days ago
Raleigh, North Carolina, United States Local Government Federal Credit Union Full timeAbout the RoleCivic Culture is a driving force behind our organization's mission to do well by doing good. We prioritize the success and well-being of our employees, recognizing that every individual plays a vital role in supporting a healthy environment and contributing to our goal of prosperity for all.We're seeking a skilled Default Manager to lead our...
-
Consumer Lending Operations Specialist
1 day ago
Raleigh, North Carolina, United States Local Government Federal Credit Union Full timeAbout the RoleThe Loan Operations Specialist is a key member of our team, responsible for the daily servicing and production of Consumer loan operations. A successful individual in this role will be forward-thinking, assisting with department projects as assigned by the operations manager and ensuring the financial institution's Consumer loan closing and...