First Community Credit Union · 11 hours ago
Credit Department Paralegal
Beloit, WI,WI,US
Full-time
Onsite
Entry, Mid Level
2+ years expFirst Community Credit Union is seeking a Credit Department Paralegal to manage legal actions on past due accounts. The role involves filing legal documents, processing garnishments, handling repossessions, and ensuring compliance with statutory requirements.
BankingFinancial ServicesNon Profit
Responsibilities
File all small claim actions, money and replevin judgments in a timely manner
Process garnishment paperwork as soon as judgment is received when the employer is known and make sure that there is no lapse in time between garnishments. If the employer is unknown, try to work with the other credit department staff to try to locate
Handle the hiring of repossession services as soon as the promise to pay is broken by sending out all required documents to the repossession company to pick up the vehicle
Order bond and forward all required paperwork to the Sheriff’s Department when needed. This needs to be done if the repossession company is unable to locate the vehicle within 30 days
Make arrangements for the vehicle to be picked up in a timely manner to prevent storage charges
Process all Insurance, Creditor and Single Interest Vendor claims and stay in contact with the insurance companies to force timely payments and settlements
Process all repossession paperwork for refunds of MRC, GAP, (only if no damage) and all aftermarket products to verify that all refunds have been received by FCCU. Follow up with Dealer, if applicable, to make sure that refunds are received in a timely manner
Ensure that the correct paperwork is completed during and after the sale of repossessed vehicles by working with loan staff to verify paperwork is correct and accurate
Responsible for the filing of all Bankruptcy paperwork to protect the interest of FCCU. This includes getting reaffirmation when needed and required and or hiring an attorney to have members surrender our security when not reaffirming
Handle all total loss claims of secured vehicles from start to finish. This will include: Obtaining a copy of the Police Report, Verifying we have proper documentation to file GAP Claims, Getting all refunds from dealers if it was a dealer contract, NOT GAP, if there is a claim, File GAP claim, if applicable, Contact member for payoff on any deficiency balance remaining or make payment arrangements
Process all E-Oscar and Credit Disputes
Send delinquent accounts to a third party for collection if First CCU’s collection efforts are exhausted
Report Charge-off negative checking accounts to Chex Systems greater than $10
Send Charge-off negative share accounts to TriVerity greater than $100
Send Charge-off loans to TriVerity on an as needed basis
Travel to the appropriate courthouse for representation of the Credit Union
Perform other related duties as assigned
Qualification
Required
Organization, and great communication skills
Advanced knowledge of credit union products; services; loan policies and procedures
Knowledge of federal and state regulations relating to legal paperwork
Knowledge of Microsoft Office applications
Knowledge of intermediate math (calculations and concepts involving decimals, percentages, fractions, etc.)
Availability to work weekends and extended hours, as needed
Works well with others and is able to work independently
Ability to interpret member needs by listening and collect with tact, empathy and professionalism
Excellent typing skills with attention to detail
This position requires a high school education and two (2) years' experience in legal filing or administration
This position is also required to become a notary
Preferred
Paralegal education, certification or experience a plus
Benefits
Payroll - You get paid weekly
PTO Time - 16 hours per quarter after added on the 1st of quarter after 90 days of service
Vacation Time - 1 week after 6 months of service, then 2 weeks annually
Holiday Pay - Immediately Hours paid for hours missed
Floating Holiday - After 90 days of service 8 hours for a day in the month of your birth month
401K Plan - You can contribute after 30 days service. Then the Credit Union will contribute 3% after 1 year of service. In addition we will match1/2 of what you contribute up to another 2%
Health Insurance - Available on the 1st of month after 30 days of service. Employer pays 75% of premium for employee
HSA with high deductible health plan. Credit Union will match HSA dollar for dollar up to $1,000
Dental - Available on the 1st of month after 30 days. Employer pays 75% of premium for family
Vision - Available on the 1st of month after 30 days. Employee paid.
Life Insurance/LTD/AD&D - Life Insurance is 2X your salary. Employer paid
Fitness Plan - After 90 days of service YMCA or Planet Fitness. Employer pays 75% of premium
Company
First Community Credit Union
First Community Credit Union is a member-owned and not-for-profit financial cooperative organization.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Mike Pogorelec
VP of Lending
Recent News
2022-07-25
2022-04-29
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