Topside FCU ยท 1 day ago
PART TIME RISK ADMINISTRATIVE SPECIALIST
Dahlgren, VA, US
Full-time, Part-time
Onsite
Entry, Mid Level
$25.48/hr - $38.22/hr
2+ years expTopside FCU is a financial institution seeking a Part Time Risk Administrative Specialist. The role involves managing accounts affected by bankruptcy, handling legal orders, and ensuring compliance with tax reporting for non-resident alien accounts.
BankingFinanceFinancial Services
Responsibilities
Manage all accounts affected by bankruptcy including receiving notice, maintenance of accounts, correspondence with Credit Union and debtor attorneys and Bankruptcy Trustees, court appearances as required, preparing reaffirmation agreements, etc. Posting payments from bankruptcy trustees. Compiles Call Report data regarding bankruptcy filing statistics
Recommends and assists in preparing delinquent accounts for charge off approval on a periodic basis. Upon approval, complete charge off administration including posting appropriate transaction, contact with members, etc. Notifies Board of Directors of any discrepancy between management- approved charge off amount and actual posting. Compiles charge off data for Call Report. Acts as a resource for staff regarding bankruptcy and charged off accounts
Monitor and respond to garnishments, liens, and levies. Ensures member files are maintained in good order and imaged and indexed correctly, including copies of required legal notices, bankruptcy documents etc. regarding, bankrupt accounts, accounts affected by legal levy, charge offs
Administers monitoring of non-resident alien accounts for compliance, tax reporting and appropriate documentation. Oversee compilation, preparation and mailing of IRS tax forms including 1042-S and 1099-C Cancellation of Debts
Assists with the preparation and transmission of civil legal referrals and manages civil cases from referral to recovery of funds
Performs review of system programming/software changes and provide input as to the effect the change has on the charge off process and/or bankruptcy
Qualification
Required
2-5 years of similar or related experience, including preparatory experience
A 2-year college degree or completion of a specialized course of study at a business or trade school requiring approximately 64 credit hours
Must comply with all company policies and procedures, applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control
Must be able to bend, sit, and stand in order to perform primarily sedentary work with limited physical exertion and occasional lifting of up to 10 lbs
Must be capable of climbing / descending stairs in an emergency situation
Must be able to operate routine office equipment including computer terminals and keyboards, telephones, copiers, facsimiles, and calculators
Must be able to routinely perform work on computer for an average of 6-8 hours per day, when necessary
Must be able to work extended hours or travel off site whenever required or requested by management
Must be capable of regular, reliable and timely attendance
Must be able to perform job functions independently or with limited supervision and work effectively either on own or as part of a team
Must be able to read and carry out various written instructions and follow oral instructions
Must be able to complete basic mathematical calculations, spell accurately, and understand computer basics
Must be able to speak clearly and deliver information in a logical and understandable sequence
Must be capable of dealing calmly and professionally with numerous different personalities from diverse cultures at various levels within and outside of the organization
Must be able to perform responsibilities with composure under the stress of deadlines / requirements for extreme accuracy and quality and/or fast pace
Must be able to effectively handle multiple, simultaneous, and changing priorities
Must be capable of exercising highest level of discretion on both internal and external confidential matters
Preferred
Spanish speaking is a plus
High School or Equivalent Accepted
Company
Topside FCU
Topside Federal Credit Union offers high-quality, affordable financial services, and if your company or organization chooses to partner with us, this is a benefit that you can offer your employees at NO COST to you! Credit union membership is a privilege that 85 million Americans enjoy.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Bruce Six, MBA
CEO
James Bangert, CPA, CGMA
Chief Financial Officer
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