What are the responsibilities and job description for the Recovery Analyst position at PEAC Solutions?
Recovery Analyst
PEAC Solutions provides equipment financing and capital lending solutions to keep businesses thriving. We are the world’s largest independent equipment leasing company. As we continue to expand our global footprint and market share, we are looking for individuals who want to be a part of this successful journey.
At PEAC, we work together to make a lasting impact on our customers, our partners and each other. With a group this passionate, our successes come with plenty of reward and celebration. And in our collaborative team environment, everyone has an impactful voice. If you are interested in becoming part of our team and possess the skills and competencies for this role, please apply at https://careers.peacsolutions.com.
We are looking for an experienced Pre-Litigation/Recovery Analyst to manage charged-off receivables and negotiate settlements. This role involves credit analysis, skip tracing, and engaging with customers or their counsel to recover assets and negotiate settlements. The ideal candidate has 3 years of post-charge-off/recovery experience, strong attention to detail, and excellent organizational skills. Proficiency in Microsoft Office is required, with Salesforce and InfoLease experience preferred.
- Engage in outbound and inbound phone calls for pre-litigation customers and/or third parties for the purpose of recovering charged-off receivables
- Generate collection revenue, effectively negotiating settlements and payment arrangements with business customers and guarantors
- Mitigate losses through repossession and sale of assets
Essential Functions:
- Strong researcher with extensive skip tracing abilities
- Ability to analyze credit reports (business and consumer), payment histories, personal records, property values and assets to determine potential equity and ability to pay
- Provide thoughtful review and analysis of account information in order to establish the best possible outcome
- Negotiate settlements with customers and/or their counsel
- Ability to draft professional emails, letters, settlement agreements and other documentation, as may be required
- Capacity to work independently and as a team
- Present yourself in a courteous and professional manner
- Additional tasks deemed needed by management
- 3 years of Post Charge-Off/Recovery experience
- Knowledge of Commercial Contracts (Equipment Finance Agreements, Equipment Leases, and Working Capital Loans)
- Knowledge of the laws and processes involved in bankruptcy and assignment for the benefit of creditors
- Skip tracing
- Attention to detail
- Excellent organizational skills
- Ability to multi-task
- Verbal and written communication skills
- Time management skills
- Budget conscious
- Proficient with Microsoft Office
- Salesforce and InfoLease experience a plus
PEAC Solutions is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, ethnicity, disability, religion, national origin, gender, gender identity, gender expression, marital status, sexual orientation, age, protected veteran status, or any other characteristic protected by federal, state, or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
The successful candidate will receive competitive compensation along with our benefit package which includes medical, dental, vision, life insurance, short and long-term disability, 401(k) with match, flexible spending, and paid time off. PEAC also provides one paid day off per year to support community involvement. Celebrate you by also having off your birthday on us!
