Consumer Collections Analyst
About The Position
Track tasks related to adversely graded loans within the Bank's loan portfolio in compliance with all applicable state and federal laws, rules, regulations, and Bank policies and procedures. Ensure credit tasks are kept up to date related to appropriate workout strategies to maximize value of loan assets in the portfolio. Perform financial and collateral analysis for due diligence and evaluate loan repayment ability regarding asset based lending portfolio to minimize credit losses. Review ongoing financial and collateral performance on existing portfolio accounts. Analyze and recommend appropriate workout strategies to maximize value of loan assets. Perform and approve loan reviews as needed. Monitor loans in Bankruptcies and Receiverships. Support loss mitigation requests and recommend workout options, including; loan modification, deed in lieu, and short sale requests. Ensure compliance with servicing guides, process special assets inquiries such as; taxes, insurance, appraisals, inspections, etc; and identify potential vendors for such tasks. Perform activities associated with maintaining process/operations, including developing and implementing policies and procedures on systems and the flow of information. Receive clear communication including feedback, coaching, individual needs assessment, and training gaps, including regular, one-on-one performance reviews to ensure performance and quality standards are being met. Prepare documents for amendments, restructures, client requests and review reports according to regulations, policies and standards.
Requirements
- Compliance with all applicable state and federal laws, rules, regulations, and Bank policies and procedures.
- Financial and collateral analysis for due diligence.
- Evaluate loan repayment ability regarding asset based lending portfolio.
- Review ongoing financial and collateral performance on existing portfolio accounts.
- Monitor loans in Bankruptcies and Receiverships.
- Support loss mitigation requests.
- Ensure compliance with servicing guides.
- Process special assets inquiries such as; taxes, insurance, appraisals, inspections, etc.
- Develop and implement policies and procedures on systems and the flow of information.
- Receive clear communication including feedback, coaching, individual needs assessment, and training gaps.
- Prepare documents for amendments, restructures, client requests and review reports according to regulations, policies and standards.
Responsibilities
- Track tasks related to adversely graded loans within the Bank's loan portfolio in compliance with all applicable state and federal laws, rules, regulations, and Bank policies and procedures.
- Ensure credit tasks are kept up to date related to appropriate workout strategies to maximize value of loan assets in the portfolio.
- Perform financial and collateral analysis for due diligence and evaluate loan repayment ability regarding asset based lending portfolio to minimize credit losses.
- Review ongoing financial and collateral performance on existing portfolio accounts.
- Analyze and recommend appropriate workout strategies to maximize value of loan assets.
- Perform and approve loan reviews as needed.
- Monitor loans in Bankruptcies and Receiverships.
- Support loss mitigation requests and recommend workout options, including; loan modification, deed in lieu, and short sale requests.
- Ensure compliance with servicing guides, process special assets inquiries such as; taxes, insurance, appraisals, inspections, etc; and identify potential vendors for such tasks.
- Perform activities associated with maintaining process/operations, including developing and implementing policies and procedures on systems and the flow of information.
- Receive clear communication including feedback, coaching, individual needs assessment, and training gaps, including regular, one-on-one performance reviews to ensure performance and quality standards are being met.
- Prepare documents for amendments, restructures, client requests and review reports according to regulations, policies and standards.
Benefits
- Medical, Dental, Vision, and Life Insurance
- Paid Sick Leave, 3 weeks’ Vacation, and Holidays (about 11 a year)
- HSA or FSA account and other voluntary benefits
- 401(k) Retirement Saving Plan with Employer Match Program and 529 Savings Plan
- Employee Mortgage Loan Program and free access to an Axos Bank Account with Self-Directed Trading
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
