Special Assets Collection Officer

Senior Loan Collections Officer needed for Financial Services company, Direct-Hire in Los Angeles

Scroll down to find the complete details of the job offer, including experience required and associated duties and tasks.

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Salary : $75,000 - $105,000 per year

A bit about us :

We are a prominent financial services firm with over 25 years of experience specializing in Commercial Real Estate loans. As a top-ranked lender, we are seeking a motivated Sr. Loan Collection Officer to join our team at our corporate headquarters in downtown Los Angeles.

Why join us?

Our company culture values entrepreneurial spirit, leadership, and innovative problem-solving. Become part of a team known for delivering outstanding service in the commercial real estate lending industry.

Great benefits, pay, and company work culture.

Job Details

Job Details :

We are currently seeking a motivated and experienced Senior Loan Collections Officer to join our dynamic team. This challenging role is ideal for individuals who possess a keen eye for detail, exceptional negotiation skills, and a passion for achieving financial resolutions. The successful candidate will be responsible for managing and resolving special asset cases, including foreclosures, collections, and recoveries. This role requires a minimum of 5 years of experience in a similar position.

Responsibilities :

As a Senior Loan Collections Officer, your responsibilities will include :

1. Managing a portfolio of special assets, including foreclosed properties, collections, and recovery cases, ensuring all cases are handled in a timely and efficient manner.

2. Implementing effective recovery strategies and negotiating with borrowers to achieve the best possible financial resolution.

3. Collaborating with legal counsel, real estate agents, and other relevant parties to manage foreclosure processes.

4. Conducting detailed financial analysis to assess borrowers' financial condition and determine appropriate recovery strategies.

5. Maintaining accurate and up-to-date records of all collection activities, ensuring compliance with company policies and regulatory requirements.

6. Providing regular reports to senior management on the status of special assets and recovery efforts.

7. Continually identifying opportunities for process improvements to increase efficiency and effectiveness of collection activities.

Qualifications :

The ideal candidate will have the following qualifications :

1. A minimum of 5 years of experience in collections, foreclosures, and recovery.

2. A Bachelor's degree in Accounting, Finance, or a related field.

3. Strong knowledge of foreclosure laws and collection practices.

4. Excellent negotiation and conflict resolution skills.

5. Strong analytical skills, with the ability to assess complex financial situations and make sound decisions.

6. Proficiency in using financial software and databases.

7. Exceptional communication skills, both written and verbal, with the ability to effectively communicate with various stakeholders, including borrowers, legal counsel, and senior management.

8. A high level of integrity and professionalism, with a commitment to maintaining the confidentiality of sensitive information.

If you are a results-driven professional with a proven track record in managing special assets and achieving successful financial resolutions, we would love to hear from you. Apply today and join our dedicated team in the exciting and rewarding world of Accounting and Finance.

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