Senior Asset Recovery & Loss Mitigation Specialist

GreenState Credit Union; North Liberty (IA); On-site; USD 52,000 - 62,000; Full time

Benefits offered by this job

Progressive benefits package

Job summary

GreenState Credit Union in North Liberty, IA is seeking a Senior Asset Recovery Specialist to manage delinquent accounts, perform asset recovery activities, and supervise loss mitigation options to maximize recoveries and mitigate losses for the credit union.

You will analyze accounts, conduct skip-tracing, determine asset values, coordinate with legal, and prepare required reports while maintaining confidentiality and compliance across collections processes.

Qualifications

• High School Diploma or GED.
• Minimum of five years collection experience.
• Ability to complete full analysis of loans to determine repossession/foreclosure/recovery with loss mitigation goal.

Responsibilities

• Adheres to Credit Union values and service standards.
• Demonstrates positive member service focus.
• Maintains confidentiality of member information.
• Supports a diverse and inclusive work environment.
• Reviews daily delinquency and recovery queues; contacts co-makers and guarantors.
• Performs skip-tracing to locate members/assets.
• Performs loss mitigation reviews and coordinates with legal for modifications.
• Prepares monthly reporting on loss mitigation, repossession and remarketing.
• Manages asset recovery including cost effectiveness and repossession actions.
• Represents the credit union in litigation when required; travels as needed.

Skills

Analytical skills

Communication

Interpersonal skills

Negotiation

Research skills

Education

High School Diploma or GED

Job description

GreenState Credit Union in North Liberty, IA is seeking a Senior Asset Recovery Specialist to manage delinquent accounts, perform asset recovery activities, and supervise loss mitigation options to maximize recoveries and mitigate losses for the credit union.

You will analyze accounts, conduct skip-tracing, determine asset values, coordinate with legal, and prepare required reports while maintaining confidentiality and compliance across collections processes.