Recovery Representative II (Repossession)
We’re always looking for diverse, talented, service-oriented people to join our exceptional team.
Recovery Representative II (Repossession)The pay range for this position is listed below. Our pay ranges are built to allow for candidates with various levels of skill and experience to be considered, as well as for room for growth and tenure achieved in a role over time. Typical new hire salary offers fall within the minimum to midpoint of a pay range for many candidates. Any offer extended to a candidate will be based upon their unique set of knowledge, skills, education, and experience as well as internal equity.
Pay Range:
$22.33 - $32.38Scheduled Weekly Hours:
40- Charge-Off Functions
- Work on charged-off loans through inbound/out-bound calls, written and electronic correspondence, and other approved methods.
- Responsible for working specialized queues for defaulted repayment plans.
- Work with our Members and 3rd parties to set up repayment plans, negotiate settlements, re-establish Membership services, and perform account maintenance in order to accurately reflect the approved arrangements.
- Review charged-off loans for possible collection agency placement. Partner with team and management to refer accounts for litigation review.
- Assist management and team with miscellaneous projects and reporting including 1099-C tax form filings, monthly audits, and collection agency placements.
- Repossession Functions
- Works on delinquent vehicle loans through inbound/out-bound calls, written and electronic correspondence, and other approved methods.
- Responsible for working specialized queues for vehicle loans
- Reviews accounts to generate Final Demand Letters, Notices of Intent to Sell, and Deficiency Balance letters.
- Reviews accounts for repossession efforts and assists with reinstatement requirements
- Handles impounded vehicles and follows up as needed. This includes contacting tow yards and government agencies, negotiating fees, and handling Lien Objections and disposition paperwork
- Reviews, audits, and submits for approval vendor invoices
- Assists management and team with monthly audits and reports, as needed
- Performs other duties as assigned
- Complies with regulatory compliance and assigned training requirements including but not limited to BSA regulations corresponding to their specific job duties. Failure to do so may result in disciplinary and other employment related actions.
- High School Diploma or GED required
- 1-3 years of prior related experience required
SchoolsFirst Federal Credit Union is committed to fostering, cultivating, and preserving a culture of diversity and inclusion. SchoolsFirst FCU is an equal opportunity employer and prohibits discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities and prohibits discrimination against all individuals based on their race, color, religion, sex, national origin, age, sexual orientation, gender identity or expression, political affiliation, or genetic information.
This organization participates in E-Verify.