Special Credits Collateral Control Officer I, II, III

Global Credit Union • Glendale, AZ

12d

About The Position

This role is responsible for controlling adverse actions associated with credit union collateral. The officer will maintain records and adhere to department procedures for the assignment of repossessions and remarketing of repossessed collateral. They will also manage records and procedures for the protection of credit union collateral when impounded, and for member and insurance company contact during total loss hazard claims. Additionally, the role involves maintaining and adhering to credit union Cross Collateralization procedures and practices, as well as reviewing real property loan files for past due loans, notices of default, and recommending actions for real property collateral. The position may involve performing other assigned duties.

Requirements

• High school diploma or equivalent.
• Requires good written and verbal communication skills.
• Knowledge of laws and regulations involving repossession, foreclosure and insurance claim processing preferred.

Nice To Haves

• Special Credits Collateral Control Officer II (Category 11) requires one year as a Special Credits Collateral Control Officer I (Category 12) and in the opinion of management performance that meets or exceeds expectations for proficiency and efficiency in work related to the SC Collateral Control Department.
• The incumbent must have also demonstrated the ability and accuracy to work independently to sign on department related documents.
• Special Credits Collateral Control Officer III (Category 10) requires 12 months tenure in the Special Credits Collateral Control Officer II (Category 11) position with performance that meets or exceeds expectations for proficiency and efficiency in department related responsibilities and problem solving capacity of adverse situations involving members and their account relationships.
• At management's discretion, directly related work experience and/or accelerated training completion may be substituted for tenure.

Responsibilities

• Comply with federal, state and local laws and credit union procedures and practices regarding adverse actions involving credit union collateral.
• Maintain records and adherence with department procedures and practices for assignment of repossessions and remarketing of repossessed collateral.
• Maintain records and adherence with department procedures and practices for protection of credit union collateral when impounded by private and public agencies.
• Maintain records and adherence with department procedures and practices for member and insurance company contact during total loss hazard claims involving credit union collateral.
• Maintain and adherence with department procedures and practices of credit union Cross Collateralization procedures and practices.
• Maintain and adherence with real property loan file review as a result of past due loans, notice of default from senior/junior lien interests and taxing authorities and recommendation of actions involving real property collateral.
• Perform other duties as assigned.

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: Entry Level
• Education Level: High school or GED