Asset Recovery Analyst

University of Iowa Community Credit Union

North Liberty, IAFull-time$23.61–27.6/hrTracked 1mo agoSeen in employer's feed 1 day ago

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At a glance

Compensation

$23.61–27.6/hr

Location

North Liberty, IA

Schedule

Full-time

Work Authorization

US work authorization required

Job overview

University of Iowa Community Credit Union is hiring an Asset Recovery Analyst. The Asset Recovery Analyst is responsible for accurate and timely completion of research, processing, and financial adjustments to support the Collections Department. This role provides quality service to Credit Union staff and members by furnishing and processing necessary information, offering assistance, and answering questions. The analyst maintains member accounts and documents in accordance with departmental expectations, ensuring completeness and accuracy of all processes.

Key focus areas include Adhere to the Credit Union's core values and Service Standards., Demonstrate a positive member service focus at all times., and Demonstrate teamwork in all interactions with coworkers..

Successful candidates bring High School Diploma Or Equivalent, 2-3 Years Financial Institution Or Collections Experience, and 2 Years Financial Adjustments Experience. Important skills include Accuracy, Attention To Detail, Strategic Thinking, Analytical Skills, Work Independently, and Prioritize Assignments.

Skills & qualifications

RequiredNice to have

Skills

AccuracyAttention to DetailStrategic ThinkingAnalytical SkillsWork IndependentlyPrioritize AssignmentsOrganize Work EfficientlyMake DecisionsComputer ApplicationsOffice Equipment

Qualifications

High School Diploma or Equivalent2-3 Years Financial Institution and/or Collections Experience2 Years Financial Adjustments, Payment Application/Reconciliation, General Ledger Management or Accounting ExperienceBondableBachelor's Degree in Business or Related Field

Full job description

Position Summary

Responsible for accurate and timely completion of required research, processing, financial adjustments, to support the Collections Department. Provide quality service to Credit Union staff and members by furnishing and processing necessary information, provide assistance, and/or answer questions. Maintain member accounts and documents in accordance with departmental expectations; ensure completeness and accuracy of all documents and processes.

GREENSTATE CULTURE:

At GreenState, our purpose is to create lasting value for our members, our communities, and one another. We empower our teams to create opportunities that strengthen financial well-being, transform lives, and enhance the vitality of the communities we serve. We know our success—now and in the future—is deeply rooted in fostering an engaging, diverse, and inclusive workplace where everyone knows they matter, their work makes an impact, and their everyday commitment to living our values is what brings our mission to life.

Pay range for this hourly position is $23.61 - $27.60/hr with a progressive benefits package.

Essential Duties and Responsibilities

Performs essential duties and responsibilities in the following areas which may include but are not limited to those listed and are subject to change.

Adheres to the Credit Union's core values and Service Standards in conducting GreenState's mission and vision.
Demonstrates a positive member service (internal and external) focus at all times.
Demonstrates teamwork in all interactions with coworkers and in the completion of all duties and responsibilities.
Ensures confidentiality of member information.
Supports a diverse and inclusive work environment.
Assists in completion of OREO, FMV Write Down, and CIPL processes for the Collections Department. Maintaining accurate documentation of accounts and files.
Processes payments, reversals, reapplications for post charge off recoveries received from in house recovery team as well as placement agencies and firms.
Performs daily transactions specific to the Collections Department such as posting of exception payments, claim funds, sale proceeds, disbursing checks, deposits, transfers and withdraws on accounts serviced in the department. Researches and adjusts loans and accounts and related general ledgers, as necessary.
Assists Senior Asset Recovery Analyst in reconciliation and adjustments of all department accounts and general ledgers. Posts income/expenses to related general ledgers.
Completes vendor payments for the Collections Department.
Responsible for accurate processing of bankruptcy checks received.
Processes file maintenance as required to support department processes such as loan modifications and charge off processing.
Assists Collections and Credit Union staff with file maintenance and transaction research for escalated disputes.
Generates and mails applicable collections letters, including but not limited to, Deficiency Balance letter.
Assists with department mail processing, when necessary.
Assists in new hire training and job shadowing when necessary.
Assists in the creation and updating of applicable process documentation.
Assumes responsibility for related duties and special projects as required or assigned.
Understand and adhere to company policies and procedures.
Performs all other duties as assigned.

Job Requirements/Expectations

High School Diploma or the equivalent (i.e., GED) required. Bachelor’s degree in business or related field and/or equivalent years' experience preferred.
Minimum two to three years of financial institution and/or collections experience.
Two years of experience in financial adjustments, payment application/reconciliation, general ledger management or accounting.
Accuracy, attention to detail and strategic thinking required.
Excellent analytical skills.
Reports to work punctually, works all scheduled hours, and works overtime as necessitated by business demand. Job may require non-traditional workweek with extra hours including evening and/or weekend duties.
Ability to work independently, prioritize assignments, organize work efficiently, and make decisions independent of input from immediate supervisor.
Ability to operate related computed applications and office equipment.
Must be bondable.