Real Estate Collector
Company: Wings Financial CU
Location: Apple Valley
Posted on: July 11, 2019
PRIMARY PURPOSE: Under general supervision, but in accordance with
established policies, procedures and regulations, implements the
collection of delinquent and charge off loans specifically real
estate and takes all necessary steps to protect the assets of Wings
Financial CU. Promotes credit union products and services.
ESSENTIAL FUNCTIONSinclude the following. Other duties may be
assigned. -- Schedules daily collection activities to insure
maximum contact with delinquent real estate accounts. -- Reviews
distressed real estate loans (whether current or delinquent) as
determined by the Doubtful Loan Report, and makes recommendations
for work out possibilities or modification requests. -- Makes
satisfactory arrangements and keeps precise documentation of each
contact. -- Responsible for the timely and accurate processing of
foreclosure analysis' and short sale offers. -- Processes Fannie
Mae forbearance, modification, short sale, deed in lieu, and
foreclosure cases. -- Administers PMI Claims. -- Reviews past due
property tax notices and contacts members when necessary. --
Manages the OREO portfolio and the disposition of property.
STANDARDS OF PERFORMANCE:
- Provides members with courteous, friendly service, which
exceeds their expectations while processing transactions promptly,
efficiently and accurately.
- Follows Wings Financial CU's "Standards of Professionalism" to
represent the credit union to members in a professional manner
through written and verbal communications, attitude, business
attire, work area, and thorough knowledge of our products and
- Be an effective team leader through cooperation, flexibility,
dependability, attendance, lack of tardiness and participation at
meetings and training.
- Accurately applies technical job knowledge and skills to
complete all work in a timely manner in accordance with policies,
procedures and regulatory requirements while managing varying
degrees of work. SUPERVISORY RESPONSIBILITIES:
None.RequirementsQUALIFICATIONS: To perform this job successfully,
an individual must be able to perform each essential duty
satisfactorily. The requirements listed below are representative of
the knowledge, skill, and/or ability required. EDUCATION and
EXPERIENCE: Four year college degree in business or finance or 3
years' experience in real estate lending and/or collections; or
equivalent combination of education and experience. First Mortgage
industry experience and Fannie Mae/Freddie Mac experience.
- Knowledgeable of all applicable collection laws and
- Knowledgeable of and can successfully apply all collection,
deposit and loan product policies and procedures.
- Knowledgeable of mortgage and compliance underwriting
- Working knowledge and ability to calculate debt to income
percentages, loan to value percentages, and other loan quality
- Working knowledge and ability to read and understand credit
reports, appraisals, residential mortgages, notes, closing
documents and other documents pertaining to residential
- Strong communicative skills both oral and written.
- Working knowledge of computer software (i.e. Windows, Microsoft
Office) fax and copy machines.
- Demonstrates time management effectively; spends appropriate
amounts of time on each account.
- Ability and desire to maintain quality of service while
performing multiple tasks.
- Demonstrates problem solving skills and has an innate sense of
urgency to complete tasks. This position requires an individual
that is results oriented. PHYSICAL DEMANDS / WORK ENVIRONMENT: The
physical demands described here are representative of those that
must be met by an employee to successfully perform the essential
functions of this job.
While performing the duties of this job, the employee is regularly
required to talk or hear. The employee is frequently required to
walk and sit. The employee is occasionally required to stand; use
hands to finger, handle, or feel; reach with hands and arms; climb
or balance; and stoop, kneel, crouch, or crawl. The employee must
frequently or occasionally lift and/or move up to 10 pounds.
Specific vision abilities required by this job include close
vision, distance vision, peripheral vision, depth perception,
ability to adjust focus. The noise level in the work environment is
Reasonable accommodations may be made to enable individuals with
disabilities to perform the essential functions.
Keywords: Wings Financial CU, Apple Valley , Real Estate Collector, Other , Apple Valley, California
Didn't find what you're looking for? Search again!