Quorum Federal Credit Union is currently seeking to employ Loss Mitigation Analyst on Mon, 15 Oct 2012 21:05:08 GMT. Quorum Federal Credit Union was established in 1934 as an employee benefit for everyone in the Kraft Foods family. We now serve over 46,000 membersâ€"from more than 50 companiesâ€"placing us amongst the largest credit unions in the nation. We offer the same services as a typical bank, with low or no fee accounts and programs. Our employees receive ongoing technical and career development training...
Loss Mitigation Analyst
Location: Purchase, New York
Description: Quorum Federal Credit Union is currently seeking to employ Loss Mitigation Analyst right now, this occupation will be delegated in New York. More complete informations about this occupation opportunity kindly read the description below. Quorum Federal Credit Union was established in 1934 as an employee benefit for everyone in the Kraft Foods family. We now serve over 46,000 membersâ€"from more! than 50 companiesâ€"placing us amongst the largest credit unions in the nation. We offer the same services as a typical bank, with low or no fee accounts and programs. Our employees receive ongoing technical and career development training, support for continued education, opportunity for growth and competitive benefit and bonus programs. Our core values are: Accountability, Entrepreneurship, Integrity, Agility and Teamwork. We are looking for people who will uphold our values and live them out on a daily basis. Recognizing that our employees have a life outside of the office, we understand the importance of balance and our culture supports a happy medium between work and life. It is this recognition and understanding that helped us to be recognized as one of the Best Companies to Work For in New York State for 2012 .
We are currently seeking a Loss Mitigation Analyst to join our team in our Purchase, New York location. Responsibilities of this position include:
Review and analyze data that is relevant for developin! g loss mitigation strategies and establishing metrics to monitor departmental performance. Presents to Senior Management to provide updates on reporting metrics and progress on department goals. Responsible for the auto repossession process from beginning to end, including approval of bids within scope of authority. Receives all notices relating to Bankruptcy filings and follows procedure to minimize losses. Refers unusual or difficult cases to the Loss Mitigation Supervisor for direction. Prepares recovery checks received from collection attorneys and/or members, along with payments from members enrolled in Consumer Credit Counseling. Manages pipeline of delinquent 2 nd mortgages. Works with borrowers to resolve delinquent balances. Works with Finance on allowance and anticipated charge off reports. Monitors vendor website to track member credit report disputes. Researches all disputes and submits response. Rev! iews requests for troubled debt restructures (extensions, deferments, payment reductions) and approves same within scope of authority. Makes recommendations to the Loss Mitigation Supervisor for any requests outside the scope of authority. Develops policies and procedures within the Loss Mitigation department. Assists with answering the incoming Loss Mitigation telephone calls, Service Requests (SRs), e-mail requests, and mail. Assists Loss Mitigation Supervisor with the preparation of monthly charge off and real estate delinquency reports. Promotes and maintains a positive work atmosphere by behaving and communicating in a manner consistent with professional standards to get along with members, co-workers, management and vendors. · Stays abreast of industry developments including but not limited to changes in regulations. - Ensures adherence to company policies and procedures and Banking/Credit Union regulations.
- Perfo! rms additional duties as required.
Essential Skills, Knowled! ge and Requirements - Bachelor’s degree in the Business field preferred with 1-2 years experience in financial services, preferably in mortgage loss mitigation and foreclosures preferred.
- Knowledge of foreclosure process, repossession of collateral or fraud prevention strongly preferred.
- Proficiency in Microsoft Word and Excel. Experience with additional web-based applications.
To apply for this position, please Click Here
To learn more about our organization, please visit www.quorumfcu.org
Equal Opportunity Employer M/F/D/V
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If you were eligible to this occupation, please email us your resume, with salary requirements and a resume to Quorum Federal Credit Union. Interested on this occupation, just click on the Apply button, you will be redirected to the official website
This occupation will be started on: Mon, 15 Oct 2012 21:05:08 GMT
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