Senior Recovery Specialist

Recover charged-off consumer loan losses on behalf of Logix Federal Credit Union Locate and contact members with previously charged-off accounts to arrange repayment Negotiate repayment schedules and lump-sum settlement agreements based on members’ financial situations Evaluate losses for assignment to outside counsel, repossession, collection agencies, or post-judgment recovery Use credit reports and skip-tracing tools to locate customers and update account information Review impound and lien sale notices and assign recoverable collateral to the repossession desk Locate member employment information and assets for post-judgment recovery Assist with assigning accounts to collection agencies and external legal counsel and monitor recovery progress Prepare post-charge-off account files for asset sales Coordinate reporting to credit bureaus, ChexSystems, and appropriate parties Follow federal and state regulations when negotiating settlements and payment agreements Maintain effective collection procedures and assist members and staff with collection questions Requirements 6-8 years of collections experience At least 1 year of repossession experience preferred Bachelors’ degree preferred Knowledge of the legal aspects of collection, bankruptcy and repossession Knowledge of the Fair Debt Collection Practices Act Knowledge of online collection systems software Knowledge of the Microsoft suite of office products Ability to own and solve complex tasks that are part of a large project Ability to lead small projects independently Core Competencies Demonstrates expertise in collections, including negotiation of repayment agreements and compliance with federal and state regulations. Proficient in utilizing skip-tracing tools and online collection systems to recover charged-off loans effectively. Highest-signal resume keywords Collections Experience Repossession Experience Knowledge of Fair Debt Collection Practices Act Knowledge of Legal Aspects of Collection Ability to Lead Small Projects ATS Optimization Keywords Hard Skills Negotiation Skip-Tracing Loss Evaluation Asset Recovery Account Management Soft Skills Problem Solving Effective Communication Project Ownership Industry Keywords Charged-Off Accounts Repayment Schedules Collection Agencies Federal Regulations State Regulations Tools & Technologies Online Collection Systems Software Microsoft Office Suite Credit Reports #J-18808-Ljbffr Jobtailor