Special Credits Enforcement Manager
Company: AlaskaUSA Mortgage Company
Posted on: June 8, 2021
Reports to: Vice President, Special Credits Operations
Functions Supervised: Enforcement Actions
Primary Functions: Responsible for management of member accounts
associated with any type of legal action concerning Special Credits
functions.Duties and Responsibilities:
Provides support in obtaining legal advice to appropriate
Special Credits staff to mitigate risks and expenses on litigation
cases. Makes recommendations for appropriate legal avenues and
attorney opinions. Provides initial review and assessments of new
cases. Responsible for management and quality/compliance oversight
of collection assignments to attorneys for judicial actions to
recover collateral and financial obligations. Coordinates and
manages external attorney qualifications, fee structures, and legal
expenses for final approval of the Legal Services and tracks the
approved Attorney networks. Responsible for developing a model with
thresholds for referrals of cases to reduce expenses and maximize
oversight, and makes prudent decisions for case referrals. Tracks
and analyzes court cases and issues Special Credits is involved in.
Makes recommendations to the management on appropriate policy
updates and areas of potential exposure. Communicates court
decisions affecting collections and makes recommendations for
policy and procedure updates based on current case law to mitigate
exposure. Holds communication forums to keep Special Credits staff
prepared and updated on recent court decisions regarding
collections. Recommends staff training and updates to Sr. Special
Credits Training Officer for training plans, communication and
delivery to staff. Works with Legal Services and outside council to
ensure the department is operating within the laws of the carious
states the credit union conducts collections business in.
Responsible for compliance of functions under their supervision for
all procedures and practices as well as local, state and federal
laws associated with judicial processes on member accounts.
Responsible for performance and development of assigned Officers
and Specialists to ensure timely and correct completion daily work,
to include court deadlines. Act as liaison between Legal Services
Department. Perform other duties as assigned.
Education: Bachelor's degree in legal studies, business,
finance, or other related field.
Creditable Experience in Lieu of Education: Five Years'
experience in consumer collections field or commensurate experience
with a financial institution relating to legal and bankruptcy
matters, with three years in a supervisory role.
Experience/Skills: Five Years' experience in consumer
collections field or commensurate experience with a financial
institution relating to legal and bankruptcy matters, with three
years in a supervisory role.Tenure: Not Applicable
Equal Opportunity Employer
Keywords: AlaskaUSA Mortgage Company, Glendale , Special Credits Enforcement Manager, Other , Glendale, Arizona
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