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Credit Resolution Specialist

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Job Description - Credit Resolution Specialist


Join Our Team as a Credit Resolution Specialist!

About the Role:

Maine Savings is looking for a Credit Resolution Specialist to assist in preserving the credit union's assets by engaging with members regarding delinquent loan accounts, collecting delinquent loan payments and/or recovering collateral.  You will use your knowledge base to review delinquent accounts, determine probable reasons for account status, and contacts members to resolve the delinquencies. You will ensure that the Credit Union's professional image and commitment to people helping people is maintained. If you are a compassionate professional with a passion for competency, accuracy, and compliance, this could be a great fit for you! 


What You'll Do:

  • Contacts delinquent accounts by phone and mail; takes appropriate action to bring current.
  • Analyzes financial situation of delinquent borrowers; makes recommendations to repossess collateral when other arrangements to bring the loan current are unsuccessful.
  • Maintains accurate files and reports on all collection's activity.
  • Testifies at legal proceedings as required.
  • Informs management of trends in loan underwriting contributing to delinquent/charged-off loans.
  • Performs other job-related duties as assigned. 

Requirements

 What We're Looking For: 

  • Someone who excels with interpersonal contact with others for the purposes of conflict resolution, in what can be a higher degree of confidentiality and discretion, requiring diplomacy and tact in communication. 
  • One to three years of similar or related experience. 
  • High school education or GED equivalent. 

Maine Savings is a growing modern financial institution offering members a full range of financial services. With over 38,000 members and nearly $800,000,000 in assets, Maine Savings is among Maine’s largest credit unions. With 12 branches, nearly 175 employees, and state-of-the-art technology, Maine Savings is committed to providing its members in-person service and modern conveniences. Founded in 1961 by employees of the Bangor and Aroostook Railroad Company, Maine Savings continues to serve its membership as a federally insured not-for-profit credit union.  

  

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, or any other characteristic protected by law.

 
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities. 

This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.


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