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GreenState Credit Union · 1 day ago

Asset Recovery Analyst

US-IA-North Liberty

Full-time

Hybrid

Entry, Mid Level

$23.61/hr - $27.60/hr

2+ years exp

GreenState Credit Union is a financial institution focused on creating lasting value for its members and communities. The Asset Recovery Analyst is responsible for accurate and timely completion of research and financial adjustments to support the Collections Department while providing quality service to staff and members.

BankingFinanceFinancial Services

Responsibilities

Adheres to the Credit Union's core values and Service Standards in conducting GreenState's mission and vision

Demonstrates a positive member service (internal and external) focus at all times

Demonstrates teamwork in all interactions with coworkers and in the completion of all duties and responsibilities

Ensures confidentiality of member information

Supports a diverse and inclusive work environment

Assists in completion of OREO, FMV Write Down, and CIPL processes for the Collections Department. Maintaining accurate documentation of accounts and files

Processes payments, reversals, reapplications for post charge off recoveries received from in house recovery team as well as placement agencies and firms

Performs daily transactions specific to the Collections Department such as posting of exception payments, claim funds, sale proceeds, disbursing checks, deposits, transfers and withdraws on accounts serviced in the department. Researches and adjusts loans and accounts and related general ledgers, as necessary

Assists Senior Asset Recovery Analyst in reconciliation and adjustments of all department accounts and general ledgers. Posts income/expenses to related general ledgers

Completes vendor payments for the Collections Department

Responsible for accurate processing of bankruptcy checks received

Processes file maintenance as required to support department processes such as loan modifications and charge off processing

Assists Collections and Credit Union staff with file maintenance and transaction research for escalated disputes

Generates and mails applicable collections letters, including but not limited to, Deficiency Balance letter

Assists with department mail processing, when necessary

Assists in new hire training and job shadowing when necessary

Assists in the creation and updating of applicable process documentation

Assumes responsibility for related duties and special projects as required or assigned

Understand and adhere to company policies and procedures

Performs all other duties as assigned

Qualification

Financial adjustmentsPayment applicationGeneral ledger managementCollections experienceAnalytical skillsComputer applicationsAttention to detailStrategic thinkingIndependent workOrganizational skills

Required

High School Diploma or the equivalent (i.e., GED) required

Minimum two to three years of financial institution and/or collections experience

Two years of experience in financial adjustments, payment application/reconciliation, general ledger management or accounting

Accuracy, attention to detail and strategic thinking required

Excellent analytical skills

Reports to work punctually, works all scheduled hours, and works overtime as necessitated by business demand. Job may require non-traditional workweek with extra hours including evening and/or weekend duties

Ability to work independently, prioritize assignments, organize work efficiently, and make decisions independent of input from immediate supervisor

Ability to operate related computed applications and office equipment

Must be bondable