Real Estate Loan Recovery Specialist

Bank Of Stockton; Stockton (CA); On-site; USD 65,000 - 75,000; Full time

Job summary

Bank Of Stockton in Stockton, CA is seeking a Loan Recovery Officer to manage and service a portfolio of adversely-graded loans (Special Loans) and to collect payments on delinquent Real Estate loans.

You will develop repayment plans, structure terms, perform skip-tracing, coordinate repossessions if needed, and ensure adherence to banking regulations. The role includes supervising Loan Recovery Specialists and maintaining accurate records to support recovery efforts.

Qualifications

• Knowledge of Bank collection procedures and systems
• Working knowledge of bankruptcy laws
• Good oral and written communication skills
• Negotiation skills
• Knowledge of laws and regulations for Special Loans (e.g., TIL, FCRA)
• 3–5 years of collection experience

Responsibilities

• Develop repayment plans to accommodate customer and Bank needs.
• Structure loan/repayment terms within established limits.
• Collect assigned delinquent Real Estate loans.
• Maintain tickler system on accounts to ensure proper follow-up.
• Conduct “skip-tracing” on all accounts.
• Arrange for property repossessions and foreclosures.
• Receive and initiate appropriate action on bankrupt accounts.
• Develop network of credit contacts as resource in recovery accounts.
• Resolve legal issues regarding non-payments.
• Maintain awareness of current collection and lending laws for all types of loans.
• Court appearances as required.

Skills

Negotiation skills

Oral and written communication

Analytical reasoning

Knowledge of collections procedures

Job description

Bank Of Stockton in Stockton, CA is seeking a Loan Recovery Officer to manage and service a portfolio of adversely-graded loans (Special Loans) and to collect payments on delinquent Real Estate loans.

You will develop repayment plans, structure terms, perform skip-tracing, coordinate repossessions if needed, and ensure adherence to banking regulations. The role includes supervising Loan Recovery Specialists and maintaining accurate records to support recovery efforts.