Team Lead, Repossession & Remarketing

Are you looking to take your career from good to great? As an employee of PenFed, every day is an opportunity to thrive, and be part of a team working to ensure our organization is providing world class service to our members, employees, and our communities. We exist to help our members realize their full potential, educate and encourage their dreams, and make every effort to follow our mission and help our members “do better.” Joining PenFed is more than being an employee; it’s about being a part of the PenFed family.

PenFed is hiring a Team Lead, Repossession & Remarketing to work onsite at our Eugene, Oregon service center.  The primary purpose of this role is to oversee the daily operations of the Repossession and Remarketing Specialists. Duties include ensuring the team are effective and meeting KPI’s objectives which include inbound service levels, abandonment rate, list penetration, scheduling, dialer campaign performance, contacts per hour, right party contact, roll rates, promises kept and dollars collected.  The individual will drive the operations of the unit and participate in the oversight and management of the vendors involved with the repossession and remarketing of vehicles secured as collateral. This role may perform the duties of the manager in the manager’s absence. 

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This is not intended to be an all-inclusive list of job duties and the position will perform other duties as assigned. 

• Supervise a team of collection specialists. Establishing goals, priorities and expected performance level for the team.
• Administer stated objectives, goals, and performance standards in assigned team and assist in ensuring that goals are met or exceeded.
• Performance Appraisal/Evaluation mid and year-end summaries. Monthly summary and delivery of scorecard performance results, ensuring goals are met or exceeded, and recommend team members for promotion, corrective action, and termination.
• Perform in the capacity of an experienced Repossession and Remarketing Specialist for the most complex collection activities providing assistance and guidance to subordinates and training with these issues.
• Review unit’s repossession and remarketing activity identifying trends and assessing unit effectiveness.
• Compile data for collections management for use in daily/weekly/monthly reports and presentations.
• Assist in the monthly identification of loans to be charged off, assigned and/or sold.
• Review past due consumer loans with secured collateral to ensure quality of work by supervised individuals and provide direction for next steps to resolve delinquencies and expedite remarketing.
• Monitor calls conducted/received by staff to ensure quality, effectiveness, and procedural/regulatory compliance.
• Act as liaison between PenFed and repossession and remarketing vendors.                                                     

Equivalent combination of education and experience is considered.

• Bachelor’s Degree required.
• Minimum of four (4) years’ first and/or third-party debt collection experience required.
• Minimum of one (1) year experience in a supervisory/management role preferred. 
• Strong interpersonal skills including mentoring, coaching, collaborating, and team building.
• Strong leadership capability, executing as appropriate in the areas of responsibility.
• Strong written, verbal and presentation skills.
• Effective time management, problem solving and multi-tasking skills.
• Strong communication, negotiation, decision-making and written skills.
• Ability to multi-task.
• Available to work weekends, evenings and overtime periodically.

Supervisory Responsibility

This position will directly supervise employees.

Licenses and Certifications

Any collections or repossession related certificates recommended.

Work Environment

While performing the duties of this job, the employee is regularly exposed to an indoor office setting with moderate noise.

*Most roles require working in an office setting with moderate noise and the ability to lift 25 pounds.*

Travel

Ability to travel to various worksites and be on-call is not required.

Established in 1935, PenFed today is one of the country’s strongest and most stable financial institutions with over 2.8 million members and over $36 billion in assets. We serve members in all 50 states and the District of Columbia, as well as in Guam, Puerto Rico and Okinawa. We are federally insured by NCUA and we are an Equal Housing Lender. We are available to members worldwide, via the web, seven days a week, twenty-four hours a day.
 
We provide our employees with a lucrative benefits package including robust medical, dental and vision plan options, plenty of paid time off, 401k with employer match, on-site fitness facilities at our larger locations, and more.
 
Equal Employment Opportunity
PenFed management will maintain and observe personnel policies which will not discriminate or permit harassment or retaliation against a person because of race, color, creed, age, sex, gender, gender identity, gender expression, religion, national origin, ancestry, marital status, military or veteran status or obligation, the presence of a physical and/or mental disability or medical condition, genetic information, sexual orientation, and all statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment. PenFed will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same.
 
PenFed will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to PenFed. Contact human resources (HR) with any questions or requests for accommodation at 402-639-8568.