State Employees Federal Credit Union (SEFCU logo

Recovery Specialist 2

State Employees Federal Credit Union (SEFCU

ALBANY, NYJob$18.91–22.69/hrSeen todaySeen in employer's feed today

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At a glance

Compensation
$18.91–22.69/hr
Location
ALBANY, NY
Work Authorization
Not specified

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Job overview

The Recovery Specialist 2 performs collection recovery functions and maintains member credit bureau information and disputes. The role handles charged-off accounts, payments, settlement offers, loan documents, and credit bureau disputes, while maintaining knowledge of applicable state and federal laws and the Fair Credit Reporting Act. It also serves as backup to the Loan and Share Mediation Specialist.

Skills & qualifications

RequiredNice to have

Skills

Collection RecoveriesCredit Bureau DisputesLoan CollectionLoan InsuranceFair CreditFair Credit Reporting Act

Qualifications

Associate's Degree2 Years Related Experience or Equivalent

Full job description

If you are ready to join a company that truly cares about its employees, our members, and our community then you have come to the right place!Summary of Role:Performs critical functions with regard to collection recoveries and correcting and maintaining member credit bureau information and disputes.Essential Job Functions/Responsibilities: * Prepare and send charged off accounts to third party collection agency and collection attorney. * Process third party collection agency and collection attorney payments. * Pulling loan documents and answering basic questions for attorneys and agencies * Review of settlement offers per matrix * Acquire and preserve knowledge of state and federal Laws as they pertain to loan collection, loan insurance, and fair credit * Oversee the collection, correction, management of and response to all credit bureau information dispute issues. Maintain the proper interpretation and submission of credit bureau information and its effect of the membership, and also maintaining advanced knowledge of the Fair Credit Reporting Act and its attributes. Cross trained and serves as back up to the Loan and Share Mediation Specialist * Processing of recoveries from attorneys and collection recovery agencies * Other duties as neededMinimum Job Qualifications: * Associate's degree from accredited college or university * Minimum two (2) years related experience, or an equivalent combination of education and experienceStarting Compensation:$18.91-$22.69/hr.,plus a competitive benefits package Bilingual individuals who are fluent in a second language in addition to English are highly encouraged to apply.All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other status protected by applicable law.Broadview FCU is committed to ensuring individuals with disabilities and/or those whohave special needs participate in the workforce and are afforded equal opportunity to apply and compete for jobs. If you would like to contact us regarding the accessibility of our Website or need assistance completing the application process, please contact us at [email protected] Opportunity Employer, fem ales, minorities, individuals with a disability, protected veterans, sexual orientation, gender identity.

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