AVP of Credit Services
Park Community Credit Union, Louisville, KY, United States
Role
By emphasizing ONE Park, ONE Mission, One Team, the AVP of Credit Services oversees the Credit Services Department to preserve the credit union's assets by managing delinquent accounts, loan repayments, and collateral recovery. This role involves hiring, training, and coaching staff; analyzing delinquency trends; and ensuring department goals for delinquencies and losses are met. Additionally, the AVP of Credit Services reviews and approves collection recommendations, allocates resources to meet operational needs, and develops methods to inform management of trends affecting loan performance while ensuring compliance with legal requirements and credit union policies.
Essential Functions & Responsibilities
Allocate resources to address the department's operational needs; review and decide on loss mitigation recommendations from staff regarding delinquent loans, including approvals, denials, or modifications. Collaborate with staff to analyze the financial situations of delinquent borrowers and determine appropriate actions. Ensure all departmental responsibilities are fulfilled effectively.
Ensure delinquencies and losses are within goals set.
Develop methods to analyze information and inform management of trends in loan underwriting contributing to delinquent/charged‑off loans. Make recommendations as required.
Recruit, evaluate, schedule, train, mentor, and oversee the performance of credit services staff; complete performance reviews as needed.
Perform other duties as assigned.
Performance Measurements
To be an ambassador of Park's culture supporting the credit union's mission to build thriving communities together ensuring words and actions align with the Park VIBE that defines our Core Values:
Vibrant Connections
Inclusive Excellence
Bold Compassion
Endless Empowerment
To provide friendly, professional and accurate service and support to all members and coworkers.
To maintain the credit union's charged‑off and delinquent accounts at or below acceptable levels.
To maximize the collection and/or recovery of credit union assets from delinquent and charged‑off accounts.
To hire, direct and motivate a highly qualified staff sufficient to meet the daily operational needs of the department.
To ensure all collection activities comply with applicable laws and in accordance with credit union policies and procedures. To keep management informed of operational issues affecting the credit union's collection activities.
To complete performance reviews within the prescribed time frame.
To follow the credit union’s Bank Secrecy Act and anti-money laundering policies and procedures, including running OFAC searches, completing investigative reports of suspicious activity and currency transaction reports timely and without error. To maintain a professional work environment, promote teamwork, build respect among coworkers and present a businesslike appearance.
To follow all security policies and procedures and report discrepancies or suspicious activity to manager immediately.
Knowledge and Skills
Experience
Five years to eight years of similar or related experience.
Education
(1) A bachelor's degree, or (2) achievement of formal certifications recognized in the industry as equivalent to a bachelor's degree (e.g., information technology certifications in lieu of a degree).
Interpersonal Skills
Work involves extensive personal contact with others and is of a personal or sensitive nature. Motivating, influencing, and/or training others is key at this level. Outside contacts become important and fostering sound relationships with other entities (companies and/or individuals) becomes necessary and often requires the ability to influence and/or sell ideas or services to others.
Other Skills
Good analytical and decision-making skills.
Strong regulatory and compliance awareness.
Strong leadership and people management skills.
Strong comunication sills.
Physical Requirements
WORK ENVIRONMENT
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this position. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.
While performing the essential duties of this position, the employee is regularly exposed to a general office environment and interaction with customers.
PHYSICAL DEMANDS
The physical demands described here are representative of those required to successfully perform the essential functions of this position, but do not necessarily constitute an exhaustive list of all essential functions. To the extent required by any applicable law, reasonable accommodations will be made to enable qualified individuals with disabilities to perform essential functions where this can be done without posing a direct threat to self or others.
While performing the essential duties of this position, the employee frequently must sit, stand, and walk short distances. The employee frequently uses hands and fingers to count currency and handle, manipulate, and feel objects, documents, and office tools and equipment. Reads, writes, listens, speaks, and uses personal computers, copiers, telephones, and other office equipment and software throughout the work day.
The employee is occasionally required to stoop, bend, squat, and reach overhead with hands and arms. Occasionally pushing and pulling of office furniture and other objects. The employee may occasionally lift and/or move up to 15 pounds and on occasion lift and/or move up to 25 pounds.
Park Community Credit Union is an Equal Opportunity Employer/ Veterans/ Disabled
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By emphasizing ONE Park, ONE Mission, One Team, the AVP of Credit Services oversees the Credit Services Department to preserve the credit union's assets by managing delinquent accounts, loan repayments, and collateral recovery. This role involves hiring, training, and coaching staff; analyzing delinquency trends; and ensuring department goals for delinquencies and losses are met. Additionally, the AVP of Credit Services reviews and approves collection recommendations, allocates resources to meet operational needs, and develops methods to inform management of trends affecting loan performance while ensuring compliance with legal requirements and credit union policies.
Essential Functions & Responsibilities
Allocate resources to address the department's operational needs; review and decide on loss mitigation recommendations from staff regarding delinquent loans, including approvals, denials, or modifications. Collaborate with staff to analyze the financial situations of delinquent borrowers and determine appropriate actions. Ensure all departmental responsibilities are fulfilled effectively.
Ensure delinquencies and losses are within goals set.
Develop methods to analyze information and inform management of trends in loan underwriting contributing to delinquent/charged‑off loans. Make recommendations as required.
Recruit, evaluate, schedule, train, mentor, and oversee the performance of credit services staff; complete performance reviews as needed.
Perform other duties as assigned.
Performance Measurements
To be an ambassador of Park's culture supporting the credit union's mission to build thriving communities together ensuring words and actions align with the Park VIBE that defines our Core Values:
Vibrant Connections
Inclusive Excellence
Bold Compassion
Endless Empowerment
To provide friendly, professional and accurate service and support to all members and coworkers.
To maintain the credit union's charged‑off and delinquent accounts at or below acceptable levels.
To maximize the collection and/or recovery of credit union assets from delinquent and charged‑off accounts.
To hire, direct and motivate a highly qualified staff sufficient to meet the daily operational needs of the department.
To ensure all collection activities comply with applicable laws and in accordance with credit union policies and procedures. To keep management informed of operational issues affecting the credit union's collection activities.
To complete performance reviews within the prescribed time frame.
To follow the credit union’s Bank Secrecy Act and anti-money laundering policies and procedures, including running OFAC searches, completing investigative reports of suspicious activity and currency transaction reports timely and without error. To maintain a professional work environment, promote teamwork, build respect among coworkers and present a businesslike appearance.
To follow all security policies and procedures and report discrepancies or suspicious activity to manager immediately.
Knowledge and Skills
Experience
Five years to eight years of similar or related experience.
Education
(1) A bachelor's degree, or (2) achievement of formal certifications recognized in the industry as equivalent to a bachelor's degree (e.g., information technology certifications in lieu of a degree).
Interpersonal Skills
Work involves extensive personal contact with others and is of a personal or sensitive nature. Motivating, influencing, and/or training others is key at this level. Outside contacts become important and fostering sound relationships with other entities (companies and/or individuals) becomes necessary and often requires the ability to influence and/or sell ideas or services to others.
Other Skills
Good analytical and decision-making skills.
Strong regulatory and compliance awareness.
Strong leadership and people management skills.
Strong comunication sills.
Physical Requirements
WORK ENVIRONMENT
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this position. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.
While performing the essential duties of this position, the employee is regularly exposed to a general office environment and interaction with customers.
PHYSICAL DEMANDS
The physical demands described here are representative of those required to successfully perform the essential functions of this position, but do not necessarily constitute an exhaustive list of all essential functions. To the extent required by any applicable law, reasonable accommodations will be made to enable qualified individuals with disabilities to perform essential functions where this can be done without posing a direct threat to self or others.
While performing the essential duties of this position, the employee frequently must sit, stand, and walk short distances. The employee frequently uses hands and fingers to count currency and handle, manipulate, and feel objects, documents, and office tools and equipment. Reads, writes, listens, speaks, and uses personal computers, copiers, telephones, and other office equipment and software throughout the work day.
The employee is occasionally required to stoop, bend, squat, and reach overhead with hands and arms. Occasionally pushing and pulling of office furniture and other objects. The employee may occasionally lift and/or move up to 15 pounds and on occasion lift and/or move up to 25 pounds.
Park Community Credit Union is an Equal Opportunity Employer/ Veterans/ Disabled
#J-18808-Ljbffr