Truist · 1 day ago
Default Vendor Analyst
Richmond, VA
Full-time
Onsite
New Grad, Entry LevelTruist Bank is seeking a Default Vendor Analyst to support the activities of third party default suppliers. The role involves documenting collection efforts, executing payment assistance programs, and ensuring compliance with regulations to mitigate vendor risk.
FinanceBankingFinancial Services
Responsibilities
Responsible for documenting all collection efforts for each assigned account in the various collection system using appropriate codes and notes in accordance with established procedures
Offer/execute payment assistance and settlement programs for third party vendors based upon written policy guidelines
Communicate regularly with leadership on status of problem accounts in accordance with established procedures
Mitigate vendor risk by ensuring compliance with procedures, regulations and state laws. Prepare documents needed to pursue recovery actions and assign to third party vendors and support third party vendors by researching and gathering essential documents and information critical to the Default process
Process collateral releases and judgment satisfaction requests
Qualification
Required
High school diploma or equivalent
Basic computer skills
Strong verbal and written communication skills
Ability to perform in a fast paced, highly dynamic environment
Preferred
Bachelor's Degree in a business-related field
Previous customer service, collection/recovery or lending experience
Benefits
Medical
Dental
Vision
Life insurance
Disability
Accidental death and dismemberment
Tax-preferred savings accounts
401k plan
10 days of vacation
10 sick days
Paid holidays
Defined benefit pension plan
Restricted stock units
Deferred compensation plan
Company
Truist
Truist is the sixth-largest commercial bank in the U.S.
Founded in 2019
10001+ employees
H1B Sponsorship
Truist has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (313)
2024 (247)
2023 (288)
2022 (275)
2021 (278)
2020 (270)
Funding
Current Stage
Late StageTotal Funding
unknown2021-01-01Seed
Leadership Team
Michael Maguire
Chief Financial Officer
James Cordovana
SVP of Cloud Security Enterprise Architect
Recent News
2026-01-16
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2026-01-15
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