Collections Specialist
System One, Pensacola, FL, United States
Job Title:
Collections Specialist
Location:
Hybrid Work Model Reporting to Pensacola, FL
Pay Rate:
Open to Both C2C and W2 options
Position Type:
Multiyear Contract
Description To maximize recovery of bankrupt accounts through negotiation, reaffirmation, legal proceedings, fraud detection and collection efforts. Serve as liaison for OGC and outside legal counsel on bankruptcy litigation or adversary complaints. Provide specialized servicing of charged-off mortgage loans. Serve as subject matter expert regarding section functions, systems, policies and/or procedures.
Responsibilities
Analyze accounts included in the bankruptcy for potential abuse and/or fraud to determine if litigation is warranted to protect client's interest and reduce financial loss
Monitor attorneys assigned to accounts to determine status of litigation; advise attorneys of any legal issues and their impact on client
Process and distribute time sensitive legal documents, notification of suits against client, Cease and Desist for both filer and non-filer, and third party communications to ensure compliance with Bankruptcy Laws to minimize the risk of litigation
Review bankruptcy docket report and analyze accompanying schedules with emphasis on Statement of Intent for Chapter 7, and Plan information for Chapter13 to determine the impact on client
Communicate with attorneys and trustees, members, agents, title companies and various third-party and internal/external groups regarding bankruptcy
Negotiate attorney fees and recommend approval to Supervisor
Analyze Chapter 7, 11 and 13 bankruptcy filings to determine the potential for asset recovery
Initiate the appropriate course of action for asset recovery based on collateral, cross collateral potential, and non-filing parties in accordance with State repossession laws
Represent or retain outside legal counsel to represent client at court proceedings
Manage legal notifications (e.g., Mechanic's Liens, Adversary Complaints, Lift of Stay, Motions to Avoid Lien, Motions to Value, Judgment Liens, and Plan Confirmation, etc.), and determine appropriate course of action
Negotiate Short Sale request, settlement, and reaffirmation based on the bankruptcy dispositio, Process charged-off bankruptcy impaired equity loans; facilitate Proof of Claims and review motions
Monitor bankruptcy progression for adherence of repayment and update client systems to ensure accurate reporting
Pursue fraud cases through the court system for Non-Discharge and Objections to Discharge
Evaluate bankruptcy cases and determine collateral market values; file Proof of Claim with the appropriate court on all asset cases
Maintain knowledge of and ensure compliance with applicable federal and state laws, rules, regulations and client policies and procedures
Assist with reviewing escalated member issues and with determining the appropriate course of action to resolve issues
Perform other duties as assigned
Qualifications
Working knowledge of applicable federal and state laws, rules and regulations
Experience in financial counseling, negotiating, and explaining decisions to members
Experience in financial transaction/processing related responsibilities
Ability to work independently and in a team environment
Experience working with all levels of staff, management, stakeholders, vendors
Experience interacting with attorneys, courts, or trustees
Ability to comprehend, analyze, interpret, communicate and apply government and financial industry regulations, related principles and practices, and company instructions, procedures,and policies
Ability to maintain confidentiality and demonstrate integrity
Desired - Familiarity with the systems and software used by the Lending Collection’s Division
Desired - Familiarity with client functions, philosophy, operations and organizational objectives
Desired - Familiarity with client products, services, processes, policies and procedures
Effective skill exercising initiative and using good judgment to make sound decisions
Effective skill following, interpreting and applying relevant data/instructions to guidelines, procedures, practices and regulations
Effective member/customer service skills
Effective skill interacting tactfully and effectively in difficult situations
Effective research, analytical, and problem solving skills
Effective skill building effective relationships through rapport, trust, diplomacy and tact
Effective skill assimilating information, analyzing facts, and developing logical conclusions
Effective organizational, planning and time management skills
Effective skill to influence, negotiate and persuade to reach agreeable exchange and positive outcomes
Effective verbal and written communication skills
Effective database, word processing, and spreadsheet software skills
Desired - College level courses with concentration in Accounting, Finance, Business, or related field
System One, and its subsidiaries including Joulé, ALTA IT Services, and Mountain Ltd., are leaders in delivering outsourced services and workforce solutions across North America. We help clients get work done more efficiently and economically, without compromising quality. System One not only serves as a valued partner for our clients, but we offer eligible employees health and welfare benefits coverage options including medical, dental, vision, spending accounts, life insurance, voluntary plans, as well as participation in a 401(k) plan.
System One is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, age, national origin, disability, family care or medical leave status, genetic information, veteran status, marital status, or any other characteristic protected by applicable federal, state, or local law.
Ref: #851-Rockville-S1
#J-18808-Ljbffr
Collections Specialist
Location:
Hybrid Work Model Reporting to Pensacola, FL
Pay Rate:
Open to Both C2C and W2 options
Position Type:
Multiyear Contract
Description To maximize recovery of bankrupt accounts through negotiation, reaffirmation, legal proceedings, fraud detection and collection efforts. Serve as liaison for OGC and outside legal counsel on bankruptcy litigation or adversary complaints. Provide specialized servicing of charged-off mortgage loans. Serve as subject matter expert regarding section functions, systems, policies and/or procedures.
Responsibilities
Analyze accounts included in the bankruptcy for potential abuse and/or fraud to determine if litigation is warranted to protect client's interest and reduce financial loss
Monitor attorneys assigned to accounts to determine status of litigation; advise attorneys of any legal issues and their impact on client
Process and distribute time sensitive legal documents, notification of suits against client, Cease and Desist for both filer and non-filer, and third party communications to ensure compliance with Bankruptcy Laws to minimize the risk of litigation
Review bankruptcy docket report and analyze accompanying schedules with emphasis on Statement of Intent for Chapter 7, and Plan information for Chapter13 to determine the impact on client
Communicate with attorneys and trustees, members, agents, title companies and various third-party and internal/external groups regarding bankruptcy
Negotiate attorney fees and recommend approval to Supervisor
Analyze Chapter 7, 11 and 13 bankruptcy filings to determine the potential for asset recovery
Initiate the appropriate course of action for asset recovery based on collateral, cross collateral potential, and non-filing parties in accordance with State repossession laws
Represent or retain outside legal counsel to represent client at court proceedings
Manage legal notifications (e.g., Mechanic's Liens, Adversary Complaints, Lift of Stay, Motions to Avoid Lien, Motions to Value, Judgment Liens, and Plan Confirmation, etc.), and determine appropriate course of action
Negotiate Short Sale request, settlement, and reaffirmation based on the bankruptcy dispositio, Process charged-off bankruptcy impaired equity loans; facilitate Proof of Claims and review motions
Monitor bankruptcy progression for adherence of repayment and update client systems to ensure accurate reporting
Pursue fraud cases through the court system for Non-Discharge and Objections to Discharge
Evaluate bankruptcy cases and determine collateral market values; file Proof of Claim with the appropriate court on all asset cases
Maintain knowledge of and ensure compliance with applicable federal and state laws, rules, regulations and client policies and procedures
Assist with reviewing escalated member issues and with determining the appropriate course of action to resolve issues
Perform other duties as assigned
Qualifications
Working knowledge of applicable federal and state laws, rules and regulations
Experience in financial counseling, negotiating, and explaining decisions to members
Experience in financial transaction/processing related responsibilities
Ability to work independently and in a team environment
Experience working with all levels of staff, management, stakeholders, vendors
Experience interacting with attorneys, courts, or trustees
Ability to comprehend, analyze, interpret, communicate and apply government and financial industry regulations, related principles and practices, and company instructions, procedures,and policies
Ability to maintain confidentiality and demonstrate integrity
Desired - Familiarity with the systems and software used by the Lending Collection’s Division
Desired - Familiarity with client functions, philosophy, operations and organizational objectives
Desired - Familiarity with client products, services, processes, policies and procedures
Effective skill exercising initiative and using good judgment to make sound decisions
Effective skill following, interpreting and applying relevant data/instructions to guidelines, procedures, practices and regulations
Effective member/customer service skills
Effective skill interacting tactfully and effectively in difficult situations
Effective research, analytical, and problem solving skills
Effective skill building effective relationships through rapport, trust, diplomacy and tact
Effective skill assimilating information, analyzing facts, and developing logical conclusions
Effective organizational, planning and time management skills
Effective skill to influence, negotiate and persuade to reach agreeable exchange and positive outcomes
Effective verbal and written communication skills
Effective database, word processing, and spreadsheet software skills
Desired - College level courses with concentration in Accounting, Finance, Business, or related field
System One, and its subsidiaries including Joulé, ALTA IT Services, and Mountain Ltd., are leaders in delivering outsourced services and workforce solutions across North America. We help clients get work done more efficiently and economically, without compromising quality. System One not only serves as a valued partner for our clients, but we offer eligible employees health and welfare benefits coverage options including medical, dental, vision, spending accounts, life insurance, voluntary plans, as well as participation in a 401(k) plan.
System One is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, age, national origin, disability, family care or medical leave status, genetic information, veteran status, marital status, or any other characteristic protected by applicable federal, state, or local law.
Ref: #851-Rockville-S1
#J-18808-Ljbffr