What are the responsibilities and job description for the RECOVERY SPECIALIST position at Lafayette Federal Credit Union?
Job Type
Full-time
Description
NOTICE : JOB APPLICANTS LIMITED TO DC, MD, OR VA RESIDENTS. POSITION IS HYBRID. Please note that we are exclusively considering applicants residing in the District of Columbia, Maryland, or Virginia for all open positions.
Join Lafayette Federal Credit Union, a proud recipient of USA Today's Top Workplaces of 2024 award! We are expanding and looking for exceptional talent to support our members and contribute to our reputation as an employer of choice. Be a key player in our mission to become the premier financial partner for our community. Your skills and dedication are essential to our success.
- Are you a smart, organized, and resourceful professional?
- Do you have excellent attention to detail?
- Do you have experience with consumer and mortgage asset recovery?
If so, then Lafayette Federal may have the perfect opportunity for you! We are currently seeking a Recovery Specialist to join our dynamic team!
About us :
Our Difference : What makes Lafayette Federal cutting-edge ? Lafayette Federal Credit Union is not only a great place to bank, but also a great place to work! In addition to our Top Workplaces recognition by USA Today, we have also been recognized nationally by (1) Newsweek's America's Best Bank's list , (2) we've received a 5-star rating from Bauer financial , and (3) we've also received national recognition by S&P Global' s Top Performing Credit Union's!
Our Culture : Lafayette Federal is about inclusion, diversity, high performance, and new opportunities. Teamwork and our sense of community also make Lafayette Federal a great place to work. Each person is valued for his or her unique set of skills. We share a common devotion to the people we serve, participating in charity events throughout each year and giving back to the community.
Our Opportunities : Professional development, training, and certification is a priority for our employees. We want you to reach your career goals and provide support that leads to opportunities of advancement within the industry.
Requirements
About the role :
We are seeking a smart, organized, and resourceful professional to assist the Default Prevention and Recovery department in monitoring loans that are in default in the credit union loan portfolio as well as all tasks related to rehabilitation and sale of credit union owned assets (i.e. repossessions & REOs) to include valuation, insurance, utilities, release / recordings, purchase agreements, rental agreements, payment of insurance and taxes providing support services in managing the process of loan extensions, loan modifications and foreclosures. Our ideal candidate will maintain professionalism, confidentiality, and friendly service to our external members and internally amongst the staff. Accuracy, attention to detail, and time management are essential characteristics to be successful in this role.
A day in the life of a Recovery Specialist will include :
Top benefits or perks :
Joining Lafayette Federal comes with perks to support you in your personal and professional journey.
We provide employees with a generous benefits package including :
Pay : $52,621 - $56,000 annually (or $25.30 - 27.59 / hr) depending on experience and qualifications .
Location :
We are headquartered in the heart of Rockville, MD where career growth meets urban vitality. Experience the perfect balance of professional opportunity and a lively community, creating a unique environment for success and fulfillment. Some traveling is required for this position.
The job posting highlights the most critical responsibilities and requirements of the job. It is not all-inclusive. There may be additional duties, responsibilities, and qualifications for this job.
Salary Description
52,621 - 56,000 Annually (or $25.30 - 27.59 / hr)
Salary : $52,621 - $56,000
