Special Credits Collateral Control Support Specialist I

Global Credit Union; Whitstable; On-site; USD 40,000 - 67,000; Full time

Job summary

Join a forward-thinking organization as a Collateral Control Support Specialist. This role involves assisting with the preparation and administration of documents related to repossession and liquidation of collateral, ensuring timely processes to minimize losses. Ideal candidates will have a high school diploma, strong communication skills, and a year of relevant experience. Enjoy a competitive salary and a comprehensive benefits package, including medical, dental, and vision insurance, retirement plans, and generous leave programs. This is a fantastic opportunity to grow your career in a supportive environment.

Benefits

Short-term and long-term incentives

Comprehensive medical, dental and vision insurance

401(k) plan with a 5% match

Employee Assistance Program (EAP)

Life and disability coverage

Voluntary cash benefits

Tuition Reimbursement

Generous leave programs

Qualifications

• One year experience in a related field preferred.
• Good written and verbal communication skills are essential.

Responsibilities

• Assist in preparation and administration of repossession assignments.
• Manage documents for liquidation of retaken personal property.
• Prepare reports related to collateral control.

Skills

Written Communication

Verbal Communication

Vehicle Maintenance

Repairs

Sales

Education

High School Diploma or equivalent

Job description

Overview

Reports To:Senior SC Collateral Control Officer

Primary Functions:Preparation of documents and control of accounts associated with credit union collateral

Duties and Responsibilities:

Assist in timely preparation and administration of repossession assignments to third party agencies.

Assist in preparation and administration of documents to ensure timely liquidation of retaken personal property.

Assist in timely preparation and administration of documents involving impounded/forfeited collateral to reduce credit union losses.

Assist in timely preparation and administration of documents to and from insurance agencies involving hazard losses involving credit union collateral.

Assist in preparation of documents and administration of cross collateralization procedures.

Assist in the preparation and administration of real estate files involving actions associated with real property collateral.

Assist in the timely preparation and administration of department reports.

Perform other duties as assigned.

Qualifications

Education:High School Diploma or equivalent

Creditable Experience in Lieu of Education:Not applicable

Experience/Skills:One year in related field, some background in vehicle maintenance, repairs and sales preferred. Must have good written and verbal communication skills.

Tenure:SC Collateral Control Support Specialist II requires one year as a SC Collateral Control Support Specialist I and in the opinion of management performance that meets or exceeds expectations for proficiency and efficiency in work related to Collateral Control. SC Collateral Control Support Specialist III, Category 14, requires twelve months tenure in the SC Collateral Control Specialist II position and in the opinion of management performance that meets or exceeds expectation for proficiency and efficiency in work related to Collateral Control. At management's discretion, directly related work experience and/or accelerated training completion may be substituted for tenure.

Compensation

Salary Pay Range:

• Special Credits Collateral Control Support Specialist I (Category 16): $40,241 - $57,142 annually
• Special Credits Collateral Control Support Specialist II (Category 15): $42,254 - $60,844 annually
• Special Credits Collateral Control Support Specialist III (Category 14): $45,633 - $66,624 annually

Starting base salary will be determined based on candidate experience, qualifications, education, and local or state wage requirements, if applicable and will fall within the range provided above.

In accordance with our Salary Administration policy, new hire base salaries generally fall within the minimum to midpoint of the listed range.

Benefits

• Short-term and long-term incentives
• Comprehensive medical, dental and vision insurance plan that has HSA and FSA options
• 401(k) plan with a 5% match
• Employee Assistance Program (EAP)
• Life and disability coverage
• Voluntary cash benefits for accident, hospitalization and critical illness
• Tuition Reimbursement
• Generous leave programs to include Paid Time Off accrual, Paid Sick Leave, Paid Holidays
• Click here to view Global’s comprehensive Benefits Programs

Equal Opportunity Employer