Loan Loss Recovery Specialist

4 weeks ago

Washington, Washington, D.C., United States BECU Full time

Recover Outstanding Debts and Drive Financial Health

BECU is seeking a skilled Loan Loss Recovery Specialist to join our team. As a key member of our financial recovery team, you will play a vital role in recovering outstanding debts and ensuring the financial health of our credit union.

Key Responsibilities:

  • Negotiate settlements with debtors, attorneys, and third parties to create win-win solutions for charged-off accounts.
  • Stay compliant with state and federal laws related to collections, ensuring BECU remains compliant in all recovery efforts.
  • Track and monitor pending accounts using the Collection System and ensure all updates are well-documented.
  • Follow up diligently on all legal and collection accounts to keep the recovery process moving.
  • Locate debtors using skip-tracing techniques and initiate recovery conversations.
  • Recommend process improvements to enhance Loan Loss Recovery.
  • Stay up-to-date with Washington State and federal laws concerning collections, levies, liens, and records of all actions taken.
  • Provide guidance and resolution when issues arise with Loan Loss Recovery collection matters.
  • Document procedures and ensure written procedures are regularly updated for all areas of responsibility.
  • Report any issues that could adversely affect recoveries or impact the Credit Union.
  • Manage third-party collections, reviewing vendor bills for accuracy and managing ongoing relationships with external collection agencies.
  • Handle daily operations, processing new charged-off accounts, managing payments, returned mail, proofs of claim, and preparing necessary correspondence.

What You'll Gain:

  • Career growth and the opportunity to expand your expertise within a dynamic, member-focused organization.
  • Impactful work, playing a key role in maintaining BECU's financial health and ensuring fairness and compliance in recoveries.
  • A supportive team environment, collaborating with a motivated team that values innovation, mutual support, and your success.
  • The opportunity to innovate, using your problem-solving skills to recommend new approaches that improve the Loan Loss Recovery process.
  • A member-focused organization, committed to improving the financial well-being of its members.

Qualifications:

  • Associate's degree in Business Administration or equivalent work or educational experience.
  • Minimum of 5 years of customer service experience, with at least 3 years in collections.
  • Knowledge of the Fair Debt Collection Practices Act.
  • Ability to exercise confidentiality and sound judgment.
  • Ability to work independently or as part of a team, with strong decision-making skills.
  • Verbal and written communication skills.
  • Proficient in PC skills and adaptable to learning new software.

Desired Qualifications:

  • Previous experience in Credit Union/Financial Institution services products.
  • Certifications related to collections or legal collections.
  • Knowledge of state and federal collections laws.
  • Ability to prioritize tasks and meet deadlines.

Join Our Team:

BECU is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, veteran status, disability, sexual orientation, gender identity, or any other protected status.

  • Loan Loss Recovery Specialist

    4 weeks ago

    Washington, Washington, D.C., United States BECU Full time

    Key ResponsibilitiesAs a Loan Loss Recovery Specialist at BECU, you will play a vital role in recovering funds for the credit union, ensuring its financial health while upholding its core values and policies.You will be responsible for negotiating settlements, ensuring compliance with state and federal laws, tracking and monitoring accounts, following up...

  • Disaster Recovery Specialist

    4 weeks ago

    Washington, Washington, D.C., United States Chenega Corporation Full time

    Job SummaryChenega Corporation is seeking a highly skilled Disaster Recovery Specialist to join our team at the Federal Housing Finance Agency's (FHFA) Office of the Chief Information Officer (OCIO).The successful candidate will be responsible for developing and maintaining comprehensive disaster recovery strategies and plans to ensure the continuity of IT...

  • Disaster Recovery Specialist

    4 weeks ago

    Washington, Washington, D.C., United States Chenega Corporation Full time

    Job SummaryChenega Corporation is seeking a highly skilled Disaster Recovery Specialist to join our team of IT experts at the Federal Housing Finance Agency's (FHFA) Office of the Chief Information Officer (OCIO). As a key member of our disaster recovery team, you will be responsible for developing and maintaining comprehensive disaster recovery strategies...

  • Peer Specialist

    3 weeks ago

    Washington, Washington, D.C., United States Compass Health Network Full time

    Role SummaryCompass Health Network is seeking a Peer Specialist to join our Substance Use Recovery Team. As a Peer Specialist, you will ignite the spark of hope that recovery is possible while promoting skills for coping with and managing symptoms and encouraging the use of natural supports and enhancement of community living skills.Key...

  • Store Cleaner and Recovery Specialist

    23 hours ago

    Washington, Washington, D.C., United States TJ Maxx Full time

    Discover a Fresh OpportunityWe're looking for a highly motivated Store Cleaner and Recovery Specialist to join our team at TJ Maxx. This exciting role offers the chance to be part of a dynamic retail environment where no two days are ever the same.About UsTJ Maxx is a leading off-price retailer offering an unparalleled shopping experience. Our stores feature...

  • Recovery Support Specialist

    1 month ago

    Washington, Washington, D.C., United States MBI Health Services, LLC Full time

    Job SummaryWe are seeking a highly motivated and compassionate Recovery Support Specialist to join our team at MBI Health Services, LLC. As a key member of our multidisciplinary team, you will play a vital role in supporting individuals in achieving their recovery goals.Key ResponsibilitiesAssess clients' needs and develop individualized recovery plans.Teach...

  • Data Loss Prevention Specialist

    1 month ago

    Washington, Washington, D.C., United States Tik Tok Full time

    About the RoleThis is an exciting opportunity to join TikTok's U.S. Data Security team as a Data Loss Prevention Specialist. As a key member of our team, you will play a critical role in protecting TikTok's data and ensuring the security of our users.ResponsibilitiesSupport the implementation and maintenance of TikTok's Data Loss Prevention (DLP) technology...

  • Recovery Support Specialist

    4 weeks ago

    Washington, Washington, D.C., United States MBI Health Services, LLC Full time

    At MBI Health Services, LLC, we are seeking a skilled Recovery Support Specialist to join our team. This role is a vital part of our mission to provide high-quality rehabilitative services and support to individuals in need.Key Responsibilities:Assess clients' needs and develop personalized recovery plans to help them achieve their goals.Teach clients...

  • Peer Recovery Specialist

    4 weeks ago

    Washington, Washington, D.C., United States Titan Placement Group Full time

    Job SummaryWe are seeking a Peer Recovery Specialist to join our team at an inpatient women's substance abuse treatment center in Charlottesville, VA. As a Peer Recovery Specialist, you will provide recovery support to residents, using your own life experience to coach and support them in their recovery.ResponsibilitiesProvide recovery support to residents,...

  • Mental Health Recovery Specialist

    1 month ago

    Washington, Washington, D.C., United States Pathways To Housing DC Inc Full time

    Job SummaryPathways To Housing DC Inc is seeking a highly motivated and compassionate Community Mental Health Recovery Specialist to join our team. As a key member of our Assertive Community Treatment (ACT) team, you will provide flexible, community-based services to promote the stability, recovery, and community reintegration of individuals with mental...

  • Loan Compliance Specialist

    3 weeks ago

    Washington, Washington, D.C., United States Veterans United Home Loans Full time

    At Veterans United Home Loans, we're dedicated to creating life-changing moments for Veterans and military families. Our mission is to provide the best possible experience for those who have served our country.As a Closing Specialist, you'll play a critical role in ensuring a smooth and successful loan closing process. Your attention to detail and ability to...

  • Data Recovery Specialist

    4 weeks ago

    Washington, Washington, D.C., United States Executive Personnel Inc Full time

    Job Title: Data Recovery TechnicianJob Summary:Executive Personnel Services Inc is seeking a dedicated and organized Data Recovery technician to support one of our clients in Washington, DC. The recovery technician directly reports to the acting Project Managers.Key Responsibilities: Utilize HAZMAT gear and/or Personal Protective Equipment (PPE) to recover...

  • Vehicle Recovery Specialist

    4 weeks ago

    Washington, Washington, D.C., United States SIXT USA Full time

    Job DescriptionThe Sixt Corporate Security Department is seeking a skilled Vehicle Recovery Specialist to ensure timely resolutions of overdue rental contracts. This role requires excellent data review, judgment, and customer service skills.The ideal candidate will possess:Emotional IntelligenceInvestigative and Analytical SkillsExcellent verbal and written...

  • Consumer Loan Sales Specialist

    4 weeks ago

    Washington, Washington, D.C., United States OneMain Financial Full time

    Key Responsibilities:As a Consumer Loan Sales Specialist at OneMain Financial, you will be responsible for delivering exceptional customer experiences and meeting individual and branch sales goals. Your primary focus will be on developing new relationships and maintaining existing ones, working closely with customers throughout the loan process and life...

  • Loan Closing Expert

    4 weeks ago

    Washington, Washington, D.C., United States Veterans United Home Loans Full time

    About the Role:We're seeking a skilled Closing Specialist to join our team at Veterans United Home Loans. As a Closing Specialist, you'll play a critical role in ensuring a smooth and successful loan closing process.Your responsibilities will include managing a pipeline of loans, drafting and reviewing closing packages, and coordinating with internal teams...

  • Loan Program Office Stakeholder Engagement and Outreach Support Specialist

    1 month ago

    Washington, Washington, D.C., United States RER Solutions, Inc. Full time

    Job Title: Loan Program Office Stakeholder Engagement and Outreach Support SpecialistRER Solutions, Inc. is seeking a highly skilled and experienced professional to fill the role of Loan Program Office Stakeholder Engagement and Outreach Support Specialist. This position will play a critical role in developing and implementing effective engagement strategies...

  • Retail Loss Prevention Specialist

    4 weeks ago

    Washington, Washington, D.C., United States T.J. Maxx Full time

    Job Summary: As a Loss Prevention Detective at T.J. Maxx, you will play a critical role in maintaining a secure and honest work environment.Key Responsibilities:Adhere to established shoplifter guidelines and policies.Provide prompt, courteous, and knowledgeable service to internal and external customers.Promote a culture of honesty and integrity and...

  • Healthcare Professional

    4 weeks ago

    Washington, Washington, D.C., United States SENTA Partners Full time

    Job Summary:As a Surgical Care Specialist at SENTA Partners, you will play a critical role in ensuring the highest level of care for our patients. Your primary responsibility will be to provide preoperative assessment and recovery care for surgical patients. This includes taking ownership of patient care from pre-surgery to post-surgery, including assessment...

  • Data Protection Specialist

    4 weeks ago

    Washington, Washington, D.C., United States TEKsystems Full time

    Data Loss Prevention SpecialistWe are seeking a skilled Data Loss Prevention Specialist to assist with writing new controls within Symantec DLP. The ideal candidate will have experience with data loss prevention, Symantec, and rule development. Key responsibilities include creating policies and rules to govern data movement, configuring the Symantec tool,...

  • Consumer Loan Sales Representative

    4 weeks ago

    Washington, Washington, D.C., United States OneMain Financial Full time

    Role OverviewAs a Consumer Loan Sales Specialist at OneMain Financial, you will play a critical role in empowering customers by providing access to friendly, fast, and affordable financing for life's expenses. You will learn the lending and servicing business at OneMain, allowing you to grow your career and develop new relationships with customers throughout...