Credit and Security Officer

December 19, 2012

Oversees the Credit & Security Department, directing the work flow to ensure all delinquent accounts are handled correctly and in the appropriate timeframe. Performs a variety of duties in the collection of delinquent accounts, creation of Debt Management Plans, and prevention of loan losses. Individual must possess a firm understanding of the Federal Bankruptcy Code, State and local laws when applicable. Chosen applicant must be able to demonstrate sound judgment and initiative in all circumstances.

Essential Functions:

• Performs a variety of duties including collections, repossessions, file documentation and maintenance, correspondence, charge-off accounts handling, small claims, judgments, garnishments, bankruptcies and recoveries.
• Prepares monthly board and other departmental reports.
• Ensures compliance with regulatory requirements through a clear understanding of Credit Union lending policies and procedures, federal, state and local laws regarding debt collections, legal processes and bankruptcies.
• Monitors the delinquent ratio, charge offs, allowance for loan loss, collection and legal expenses, collateral in liquidation and other factors relating to loss prevention.
• Accountable for establishing and achieving department goals regarding delinquency, loss prevention and recovery.

Skills and Abilities Required:

• Outstanding verbal and written communication skills
• Ability to handle multiple assignments and prioritize effectively to produce efficiently
• Aptitude to adopt and apply new knowledge quickly
• Outstanding attention to detail skills
• Proficient in keyboarding, word processing, and spreadsheet programs
• Extensive knowledge of bankruptcy and collection laws and creditor’s contractual and statutory rights and limitations

Education and Experience Required:

• Familiarity with Credit Union Compliance/NCUA Regualtions and other laws applicable to financial institutions
• Minimum high school graduate, 2-4 years of college level courses preferred
• Precious Collection experience of at least 5 years required.

Chosen applicant will receive an outstanding benefit package.

Resumes should be sent to jeaninel@ibewuwfcu.com

Posted in Around the NW.