Senior Special Credits Litigation Officer jobs in United States
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Global Credit Union · 1 day ago

Senior Special Credits Litigation Officer

Global Credit Union is seeking a Senior Special Credits Litigation Officer to manage collections litigation matters and work closely with legal teams to minimize losses. The role involves interacting with attorneys, agencies, and courts, ensuring compliance with laws while overseeing the productivity of the litigation team.

BankingFinanceFinancial Services
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Culture & Values

Responsibilities

Collaborate with outside counsel to resolve delinquent accounts through collateral recovery, judgments, and garnishments. Track and manage attorney and third-party expenses, including review of legal bills using Legal Tracker
Ensure timely processing of small claims filings and prompt completion of legal actions on assigned accounts
Represent the credit union at civil cases and small claims court hearings when necessary
Handle payments, settlements, and/or the surrender of collateral with members and, as needed, attorneys involved in collections cases
Prepare affidavits, detailed correspondence, and other case-related documents
Work with Consumer Lending management on dealer buybacks and initial payment defaults
Refer collections matters to designated credit union-approved outside counsel
Escalate non-routine litigation matters to the credit union's Legal Department for handling and resolution. Work with the Legal Department as requested
Reply to emails and phone calls promptly and accurately
Make decisions on settlements or confessions of judgment on behalf of the credit union, within prescribed authority limits
Review, revise and/or sign declarations, as necessary
Provide monthly reporting for the Special Credits Enforcement Litigation department
Perform other assigned duties

Qualification

Legal studies degreeCollection litigation experienceNegotiation skillsLeadership skillsAttention to detailVerbal communicationWritten communicationCritical thinking

Required

A bachelor's degree in legal studies, business, finance, or a related field is expected
At least two years of experience in an in-house legal department of a financial institution managing collection or bankruptcy litigation
Must be self-driven with excellent verbal and written communication skills
Leadership skills are essential, with a proven ability to manage and motivate employees
Sound judgment, strong negotiation abilities, management and critical thinking skills, as well as strong attention to detail are required

Preferred

Advance degrees in law, business, or other related professional compliance or legal certifications are preferred
Experience in legal processes involving repossessions, bankruptcy, collections, and recovery for varied types of consumer debt preferred

Benefits

Short-term and long-term incentives
Comprehensive medical, dental and vision insurance plan that has HSA and FSA options
401(k) plan with a 5% match
Employee Assistance Program (EAP)
Life and disability coverage
Voluntary cash benefits for accident, hospitalization and critical illness
Tuition Reimbursement
Generous leave programs to include Paid Time Off accrual, Paid Sick Leave, Paid Holidays

Company

Global Credit Union

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Global Credit Union provides financial services such as e-services, debit, and credit rewards as well as offers a wide range of loans.

Funding

Current Stage
Late Stage
Total Funding
$110M
2023-04-07Debt Financing· $110M

Leadership Team

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Mary Global Credit Union
Executive Vice President/COO
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Elizabeth Pavlas
Chief Operations Officer
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Company data provided by crunchbase