Asset Recovery Analyst

ASSOCIATED CREDIT UNION • Norcross, GA

99d

About The Position

Assist to collect and prepare collection reports on weekly, Monthly and quarterly basis. Evaluates processes to measure efficiency on all portfolios to forecast monthly collection objectives.

Responsibilities

• Assists Collectors in researching and performing loan corrections (i.e. input errors, posting error, etc.). Makes account transfers requested by Collectors.
• Researches inquiries from members on delinquency disputes and corrects or collects as required and analyze collection processes to recommend improvements.
• Assist manager to provide resolution for all collection and manage large amount of data for invoices and maintain knowledge on all variances to ensure prevention in reoccurrence
• Performs computer file maintenance on member loan accounts with collection problems (i.e. bankruptcy, charge-off, Chapter 13, CCCS, etc.). Document changes made on file in member loan file.
• Maintains up to date records for: bankrupt (Chapter 7 and 13 ) accounts, charge-offs, repossessed motor vehicles, return items; assures that payments are posted to member accounts.
• Assists in preparation of quarterly charge-off report. Upon approval of charge-offs by Board of Directors, takes action outlined in charge-off procedures.
• Receives and takes action on loan account returned items (i.e. NSF checks, closed account checks, refer to maker checks, stop payment checks, and uncollectible fund checks). Maintain record of status on these returned items.
• Files disability and life insurance claims, maintains records, assures timely posting of credit disability insurance and life insurance loan payments. Prepares monthly insurance premium reports on members using credit insurance (Credit Life and Disability).
• Performs other duties as assigned by manager.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: No Education Listed