Position Title: Loan Adjustment Assistant
Location: Onsite at Hermitage, PA
Duration: 3-months contract to hire
Position Overview:
This position is primarily responsible for supporting the collection department. The incumbent will handle general administrative duties for both repossession and foreclosure accounts such as processing repossession titles for vehicles, performs various administrative duties, maintain and order office and building supplies.
Primary Responsibilities:
Monitors status of foreclosure properties or repossessions. Gathers and inputs all required information in a computer system in Access Data to generate various letters throughout the repossession process.
Accurately processes repossession and charge off entries as well as Oreo sales proceeds according to established policies and procedures. Addresses dealer reserve issues on repossession and sends deficit letters to customers as required by law.
Files estate claims and civil suits, follows up with judgments and satisfactions when necessary and noting the collection system with all pertinent notes.
Processes all invoices related to foreclosure and repossession. This includes sending for payment, scanning, addenda to Navigator and noting the collection system.
Communicates with real estate agencies as well as closing agents to prepare for the sale of foreclosed properties. Communicates with repossession agencies to release vehicle when customer redeems. Keeps detailed notes in collection system and makes appropriate changes to Navigator.
Processes ACH payments on past due loans and balances the transactions daily.
Performs other related duties and projects as assigned.
All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by Corporation's risk management program.
Corporation is committed to achieving superior levels of compliance by adhering to regulatory laws and guidelines. Compliance with regulatory laws and company procedures is a required component of all position descriptions.
Minimum Level of Education Required to Perform the Primary Responsibilities of this Position:
High School or GED
Minimum # of Years of Job Related Experience Required to Perform the Primary Responsibilities of this Position:
1
Skills Required to Perform the Primary Responsibilities of this Position:
Excellent project management skills
Excellent communication skills, both written and verbal
Excellent organizational, analytical and interpersonal skills
Excellent customer service skills
Ability to use a personal computer and job-related software
MS Word - Basic Level
MS Excel - Intermediate Level
MS PowerPoint - Basic Level
Knowledge of repossession processes and procedures.