- Repossession Process including assignments, redemptions, moving units to auction, sale of units and all required letters.
- Deferment Processing which includes gathering required documents from member, gaining the approval / turndown decision from the management team and either finishing the process with the member if approved or routing back to the collection team.
- Negative Share process which includes working a daily list of overdrawn shares and closing the share when it becomes 45-day delinquent.
- Bankruptcy filings including filing POC and working with outside bankruptcy attorneys.
- General clerical duties including but not limited to filing, preparing accounts for third party collections (attorney's, etc.) and processing payments and settlements.
- Updates the system notating repossessed autos, collateral value for autos and real estate loans, etc.
- Processes daily mail.
- Pulls Credit Bureau reports as needed.
- Requests property searches.
- Assists in preparing daily, weekly, and monthly, annual reports as needed.
- Other duties as assigned.
Physical Requirements:
Work is of a generally sedentary nature with limited need to lift or otherwise move objects (10 lbs. or under). Must be able to sit for extended periods of time but also walk and stand for periods of time. Requires manual dexterity, the ability to perform repetitive motions and visual ability to work at a computer terminal, utilize keyboard, telephone, and other standard office equipment. Must also be able to deliver and receive verbal communication.
Training & Development Expectations:- Takes training required for the position
- Understand and comply with all state and federal regulations and laws. Ensure compliance with all governing regulations especially the Bank Secrecy Act requirements. Bank Secrecy Act knowledge will be determined by the employee's position and responsibility.
- Seeks additional training in areas outside of the job requirements.
- Participates in community involvement activities.
This position requires a High School Diploma or equivalent, proven work experience as a Collection Administrator, Collection Associate, or a similar position, and Excellent oral and written communication skills. The ideal candidate will possess excellent time management / organizational skills and be proficient in Microsoft Office, including Word and Excel. This full-time hybrid position will require working onsite in Aston, PA, at least 3 days/week.
This Collections Assistant position earns a competitive wage, depending on experience. We also offer a robust benefits package including medical, dental, vision, a flexible spending account (FSA), a 401(k) plan with company match, life insurance, an interest rate reduction on loans, and employee discounts on things such as movie tickets, theme parks and local events. If this sounds like the opportunity that you've been looking for, apply now!
Please be advised that credit, criminal, employment, and education background checks are conducted on potential candidates. A post-offer, pre-employment drug test is also conducted.
About Sun East Federal Credit Union
Headquartered in Aston, PA, Sun East was chartered in 1949 as the result of Sun Oil Company employees banding together to assist each other with their financial needs. From these humble beginnings, we have grown to serve the financial needs of more than 50,400 members throughout Delaware, Pennsylvania, and New Jersey. As a credit union, we are a cooperative financial institution, owned and operated by its members. The basis of our philosophy is "people helping people."
"Together, we will be our members' heroes and build relationships that create lasting legacies, one person at a time." In order, to hire and retain employees who will make this mission their own; we offer competitive pay, a comprehensive benefits package, and a rewarding work environment with opportunities for career development.
ARE YOU READY TO JOIN OUR TEAM?
If you feel that you would be right for this Applications & Network Analyst position, please fill out our initial 3-minute, mobile-friendly application . We look forward to meeting you!
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