Asset Management Intern

5 days ago


Smithfield, Rhode Island, United States Navigant Credit Union Full time
About Navigant Credit Union

Navigant Credit Union is a leading financial institution in Rhode Island, dedicated to improving the financial well-being of its members. With a strong commitment to community values and employee development, we offer a unique opportunity for individuals to grow and succeed in their careers.

Job Description

The Asset Management Intern will play a key role in supporting the Asset Management team in their efforts to manage loan deficiencies and collections. This role will provide hands-on experience in reviewing and organizing charged-off loan files, compiling approved files for attorney review, and responding to inquiries from collection agencies and attorney firms.

Responsibilities
  1. Review and organize charged-off loan files with deficiency balances for potential placements.
  2. Compile approved files and appropriate paperwork to forward to attorneys.
  3. Respond to inquiries from collection agencies and attorney firms and escalate complex matters to other team members.
  4. Document the collection system with updates on active files.
  5. Assist the department in other collection-related activities as assigned by the Asset Management team members, Asset Management Supervisor, or VP, Asset Management.
Requirements

To be successful in this role, you will need to possess strong organizational and problem-solving skills, as well as excellent communication and interpersonal skills. Proficiency in Microsoft Excel and PowerPoint is also required. A high school diploma or equivalent is required, and a degree in Accounting or Finance is preferred.

Working Conditions

This role requires the ability to work in an open department setting and to lift file boxes up to 25 pounds. The physical demands of this role are best described as sedentary, with occasional standing, walking, bending, and stooping.



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