Job Description

LEAD ASSET MANAGEMENT SPECIALIST, MIT Federal Credit Union (MITFCU), to coordinate Asset Management Department day-to-day operations to ensure a high-quality member service experience.  Will be responsible for securing payment on delinquent student loans, real estate, and consumer loans while minimizing losses; work with the manager to ensure the department operates efficiently by reviewing collection queues and workload for effectiveness; assist with resolving billing issues and counsel members on the importance of making payments, maintaining personal credit standards, and payment alternatives; and assign accounts to collection agencies and legal firms, monitor collection activities, provide follow-up information, and monitor legal proceedings.Job Requirements:

REQUIRED: at least four years of experience in collections; experience with auto repossession, foreclosure proceedings, and secondary-market loss mitigation; working knowledge of financial regulations; proven analytical skills and attention to detail; ability to review and analyze financial documents; excellent communication and leadership skills; and ability to resolve complex member issues. PREFERRED:  associate's degree in finance or related field, and eperience with Fiserv DNA and collection systems. Job #24391-6

This position is located in Lexington, MA.

9/9/2024

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