Senior Special Credits Litigation Officer

Global Credit Union • Glendale, AZ

4d

About The Position

This position involves regular interaction with (1) attorneys and law firm staff engaged to represent the credit union on collections matters, (2) local, state, and federal agencies relevant to collections activities, and (3) the courts with jurisdiction over these collection matters. The role is responsible for managing routine collections litigation matters and coordinating closely with collection teams to minimize losses for the credit union. This individual will play a crucial role in energizing the Special Credits Enforcement litigation team, ensuring high productivity, quality of work and attention to detail, while adhering to all relevant state and federal laws, regulations, and credit union policies and procedures.

Requirements

• A bachelor's degree in legal studies, business, finance, or a related field is expected. Advance degrees in law, business, or other related professional compliance or legal certifications are preferred.
• At least two years of experience in an in-house legal department of a financial institution managing collection or bankruptcy litigation.
• Must be self-driven with excellent verbal and written communication skills.
• Leadership skills are essential, with a proven ability to manage and motivate employees.
• Experience in legal processes involving repossessions, bankruptcy, collections, and recovery for varied types of consumer debt preferred.
• Sound judgment, strong negotiation abilities, management and critical thinking skills, as well as strong attention to detail are required.

Responsibilities

• Collaborate with outside counsel to resolve delinquent accounts through collateral recovery, judgments, and garnishments.
• Track and manage attorney and third-party expenses, including review of legal bills using Legal Tracker.
• Ensure timely processing of small claims filings and prompt completion of legal actions on assigned accounts.
• Represent the credit union at civil cases and small claims court hearings when necessary.
• Handle payments, settlements, and/or the surrender of collateral with members and, as needed, attorneys involved in collections cases.
• Prepare affidavits, detailed correspondence, and other case-related documents.
• Work with Consumer Lending management on dealer buybacks and initial payment defaults.
• Refer collections matters to designated credit union-approved outside counsel.
• Escalate non-routine litigation matters to the credit union's Legal Department for handling and resolution.
• Work with the Legal Department as requested.
• Reply to emails and phone calls promptly and accurately.
• Make decisions on settlements or confessions of judgment on behalf of the credit union, within prescribed authority limits.
• Review, revise and/or sign declarations, as necessary.
• Provide monthly reporting for the Special Credits Enforcement Litigation department.
• Perform other assigned duties.

Benefits

• Short-term and long-term incentives
• Comprehensive medical, dental and vision insurance plan that has HSA and FSA options
• 401(k) plan with a 5% match
• Employee Assistance Program (EAP)
• Life and disability coverage
• Voluntary cash benefits for accident, hospitalization and critical illness
• Tuition Reimbursement
• Generous leave programs to include Paid Time Off accrual, Paid Sick Leave, Paid Holidays

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees