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Kitsap Credit Union Asset Recovery Specialist in Bremerton, Washington

Summary Kitsap Credit Union is hiring a full-time Asset Recovery Specialist to work hybrid out of our East Bremerton location. This position is responsible for the successful return of credit union assets by working directly with members, vendors, internal staff and attorneys. The Asset Recovery Specialist will review, track and analyze loans gathering all data to elevate legal liability and financial loss to the credit union. Quick Facts Seniority level: Individual Contributor Reports to: Manager, Accounts Control Employment Type: Full-time, Non-Exempt, Hybrid Salary Range: $28.84 - $38.84/hr depending on experience Working hours: Monday - Friday 8AM - 5PM Grade: 8 Industry: Banking Job Functions:Analyzing, Reporting, Typical Job Duties * Work independently and as a team with repossession and bankruptcy credits. Oversee repossession and bankruptcy status through effective communication, regular reporting, and accurate documentation of all collection efforts * Responsible for directing and managing the transport, maintenance, repair, sale and security of vehicle or other collateral based repossessions; may include filing claims with appropriate party's insurance * Act as the primary insurance claims facilitator for Collateral Protection Insurance (CPI) and ensures pricing of repossessed vehicles is in fair market range * Negotiate and make decisions about pay offs, settlements, and modifications with vendors according to Kitsap Credit Union guidelines to minimize KCU loss * Prepare and file Proof of Claims, Reaffirmation Agreements, Motion for Relief of Stay, Plan Objections, Plan Confirmations, and Notice of Post-petition Fees. Review and work incoming bankruptcy mail, and perform bankruptcy account maintenance. Communicate with member's attorneys in an effort to generate income on secured accounts. Receive and audit attorney and vendor invoices for accuracy. Applies bankruptcy payments and liquidation of asset checks to accounts with high degree of accuracy Basic Qualifications * High School Diploma or GED * Two years of Special Credit (i.e., high-risk loans, problem credits) experience * Two years of progressive collections experience to include post charge off, high risk, deficiency balances and real estate collections * Comprehensive knowledge of local, state and federal regulations surrounding repossession and bankruptcy law Preferred Qualifications * Persuasive and professional verbal and written communication skills * Proficient in Microsoft Office applications * Ability to prioritize responsibilities, multi-task, and perform analysis on accounts * Ability to exercise sound judgment and maintain confidentiality What We Offer Not only are we one of the largest credit unions in Washington State, and growing, but we are also a company that cares about its employees. We back that up for our employees by offering competitive pay and a benefits package that helps support you and your family's lifestyle. We value our employees, and we strive to keep our benefits comprehensive and affordable. Some of our benefits include: Careers | Kitsap Credit Union (kitsapcu.org{target="_blank" rel="noopener"}) * Free onsite parking * Annual time off and sick time accrued * 10 Paid holidays * 2 Personal days * Medical, Dental, Vision, Short- and Long-term Disability, Life and AD&D Insurance * Employee Assistance Program * Choose from a PPO medical plan or a High Deductible with a Health Savings Account * 3% KCU funded Safe Harbor Contribution to your 401K * KCU will match up to 2% of your 401K contributions * All 401K contributions are 100% vested * Potential annual incentive in all roles within Kitsap Credit Union * Tuition reimbursement * 8 hours of pa To view the

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