COLLECTIONS & RECOVERY ATTORNEY

7 17 Credit Union • Warren, OH

7d • Onsite

About The Position

7 17 Credit Union is seeking an experienced Collections & Recovery Attorney to lead legal collection and recovery efforts for their consumer, real estate, commercial lending, and negative share account portfolios. This role involves developing and executing legal strategies to maximize recoveries and minimize losses, managing litigation, bankruptcy, probate, foreclosure, repossession, and related collection matters while ensuring compliance with all applicable laws and regulations. The position offers the opportunity to make a meaningful impact and collaborate with a dedicated team.

Requirements

• Juris Doctor (J.D.) degree from an accredited law school.
• Active license to practice law in the State of Ohio.
• Admission to practice before the United States District Court and United States Bankruptcy Court for the Northern District of Ohio, or the ability to obtain admission promptly after hire.
• 3-5 years of experience representing creditors in debt collection, foreclosure matters, bankruptcy proceedings, and related litigation.
• Experience managing legal caseloads and legal processes.
• Strong understanding of Fair Debt Collection Practices Act (FDCPA), Fair Credit Reporting Act (FCRA), Servicemembers Civil Relief Act (SCRA), CFPB requirements and related creditor regulations.
• Experience representing creditors in state and federal courts.
• Excellent legal research, writing, negotiation, and advocacy skills.
• Strong organizational, analytical, and problem-solving abilities.
• Ability to balance multiple priorities while maintaining attention to detail.
• Commitment to professionalism, confidentiality, and exceptional service.

Nice To Haves

• Experience supervising or mentoring legal support staff.

Responsibilities

• Manage legal matters involving consumer, residential mortgage, and commercial loan collections.
• Prepare, file, and oversee collection actions, including complaints, judgments, garnishments, and cognovit actions.
• Negotiate settlements and resolutions with debtors and opposing counsel.
• Represent the Credit Union in hearings, trials, bankruptcy proceedings, and other court matters.
• Provide guidance and support to Legal Administrative Assistants, Recovery Specialists, and Bankruptcy/Probate Specialists.
• Partner with Lending, Finance, Servicing, Operations, and other departments to support organizational goals.
• Assist with training initiatives and promote compliance with internal policies and applicable laws.
• Ensure collection and recovery activities comply with federal and state laws, regulations, court rules, and procedures.
• Monitor legal developments affecting creditors' rights and debt collection practices.
• Identify and mitigate legal and operational risks.
• Help develop and maintain policies and procedures that protect the Credit Union’s interests.
• Review recovery processes and recommend efficiencies that improve performance and consistency.
• Prepare reports on recovery results, trends, metrics, and process improvements.
• Draft and review legal pleadings, correspondence, settlement agreements, and other collection-related documents.

Benefits

• Meaningful work supporting the financial well-being of our members and communities.
• Collaborative and mission-driven culture.
• Opportunity to contribute to legal strategy and operational improvements.
• Professional growth and leadership opportunities within a respected financial institution.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Ph.D. or professional degree