Asset Recovery Manager at AmeriCU Credit Union

City of Rome, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

19 Aug, 26

Salary

107259.98

Posted On

21 May, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Asset Recovery, Collections Management, Repossession, Bankruptcy, Foreclosure, Legal Collections, Risk Rating Review, Vendor Management, Data Analysis, Negotiation, Team Leadership, Underwriting, Regulatory Compliance, Portfolio Monitoring, Strategic Planning, Operational Improvement

Industry

Banking

Description

---------------------------------------- ASSET RECOVERY MANAGER Location: 231 Hill Road, Rome, NY Department: Asset Recovery/Credit Solutions Position Type: Full-Time | Exempt Compensation: $85,807.98/year to $107,259.98/year. Actual compensation will depend on experience. ---------------------------------------- ABOUT THE ROLE AmeriCU Credit Union is seeking an Asset Recovery Manager to lead the collection process for consumer, commercial and real estate portfolios. The Asset Recovery Manager will coordinate closely with the Member Solutions Manager and the AVP, Credit Solutions to ensure effective recovery strategies that mitigate delinquency and charge-off while maintaining compliance with regulatory requirements. The Asset Recovery Manager will lead a team, oversee loan delivery, and drive operational improvements across the mortgage lifecycle. ---------------------------------------- KEY RESPONSIBILITIES * Oversee and manage repossession, bankruptcy, foreclosure, legal collection activities, charge-offs, and recovery processes including third-party collection agencies for all lending portfolios - Consumer, Commercial and Real Estate. * Monitor and support the Business lending portfolio including participation lending and risk-rating review, monitoring for impairment and delinquency * Manage and lead the Asset Recovery team, providing consistent training and coaching. * Develop and implement recovery strategies and policies to maximize asset recovery. * Exhibit strong decision-making and negotiation skills in managing asset recovery processes and team * Analyze data to identify trends and opportunities for improving recovery rates, processes and procedures to gain efficiencies. * Support strategic goals and departmental initiatives ---------------------------------------- QUALIFICATIONS * Strong understanding of specialty collection processes such as repossession, bankruptcy, foreclosure, and legal proceedings. Candidate should have 5 to 8 years of experience in lending and collections with 3 to 5 years of supervisory experience. * Previous underwriting experience is preferred. * Experience managing third party vendor relationships. * Ability to analyze & decipher data to determine where we are, where we need to be and how we are going to get there. ---------------------------------------- WHY JOIN AMERICU? As the Asset Recovery Manager, you’ll play a key role in delivering operational excellence and supporting member financial success at AmeriCU. ---------------------------------------- Benefits You’ll Love * Competitive Medical, Dental & Vision coverage * Generous Health Savings Account contribution (with HDHP enrollment) * Paid Holidays * Paid Time Off — Personal, Sick, and Birthday Time Off * Employee Appreciation Events * 401(k) with employer match (after 1 year of service) * Employee Assistance Program * Tuition Reimbursement for full‑time employees (after 1 year of service) * Life Insurance & AD&D for full‑time employees at no cost * Enhanced Short‑Term Disability at no cost to you ---------------------------------------- Want to See What Makes AmeriCU Special? Learn more about how we support our communities and why people love working here: https://www.americu.org/in-our-community [https://www.americu.org/in-our-community] https://www.americu.org/why-americu [https://www.americu.org/why-americu]

Responsibilities

Lead the collection process for consumer, commercial, and real estate portfolios to mitigate delinquency and charge-offs. Manage the Asset Recovery team and oversee third-party collection agencies while ensuring regulatory compliance.