Collections Legal Specialist

Tinker Federal Credit Union’s Collections department has an immediate opening for a Collections Legal Specialist! This is an exciting opportunity to join the largest and best credit union in Oklahoma! We offer competitive pay, a robust benefits package, a “smart casual dress code” and much more! We want you to work and grow at TFCU, so there will be many opportunities for professional development and growth through training and continued education. We value you at TFCU!

As a Collections Legal Specialist, you will be responsible for the following:

• Serves as the representative for TFCU in Oklahoma District Court and various hearings as required.
• Serves as the custodian of record for the courts.
• Prepares Notice of Sale and Notice of After Sale documents and all associated documents related to advanced collection accounts and/or legal notices.
• Maintains timely follow-up process in collection system work queues that are assigned to outside legal counsel.
• Retains, monitors, and tracks all advanced collection litigation activity through the process in an attempt to reduce delinquency/losses and maximize recoveries.
• Verifies the application of funds to ensure proper credit and adherence to repayment schedules and arrangements.
• Communicates with counsel regarding the status of hearings.
• Supports and serves as a litigation resource to members, outside counsel, collections, and branch personnel regarding the status of loans, credit cards, ATM, Money Plus, and return check problems.
• Performs advanced skip tracing efforts to locate members and/or collateral including property and employment searches.

Salary Range:

This is an exempt position. The salary range starts at $67,469.86 annually; however, actual placement within the range will be determined individually based on your experience relative to organizational needs and internal salary equity.

Schedule:

8:00 AM - 5:00 PM Monday-Friday

Education/Experience:

You must have:

• An associate's degree in a related field; and
• Four years of related experience in collections.
• Credit union experience preferred.

Applicable work experience and/or military experience may be substituted for education at the rate of two years of experience for one year of education. Applicable additional education levels may be eligible to satisfy experience requirements. 

Certificates, Licenses, Registrations:

• Incumbent Bonding REQUIRED by TFCU’s chosen authority.
• Valid driver’s license, maintaining an acceptable Motor Vehicle Record.

Keys to success:

In order to be successful as a Collections Legal Specialist, you must possess these qualifications:

• Maintain current working knowledge of TFCU’s loan policies and underwriting guidelines.
• Proficient knowledge of Fair Credit Reporting Act (FCRA), laws, regulations, and proper collection procedures.
• Proficient knowledge of Chapter 7, 11, 12, and 13 of the U.S. Bankruptcy Code.
• Knowledge of court and legal procedures and documentation.
• Proficient in the use collection software and TFCU mainframe software.
• Proficient knowledge of the repossession process.