Old National Bank
Repossession Specialist
Old National Bank, Evansville, Indiana, United States, 47725
Repossession Specialist
Job Locations:
US-IN-EvansvilleCategory/Function:
Lending/Commercial/Consumer/CreditPosition Type:
Regular Full-TimeRequisition ID:
2024-15161Workplace Type:
On SiteOverview
Old National Bank has been serving clients and communities since 1834. With $50 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving.Our team members are our greatest asset, and we continually invest in their growth and development. We offer a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization.We are currently seeking a Repossession Specialist that will be responsible for working with customers regarding past due payments, attempting to avoid repossession and charge off. If the accounts are not able to be satisfied appropriately, this position will coordinate efforts with vendors, other ONB departments, and customers to secure the collateral and process required account maintenance. This position will be responsible for decisions regarding the collateral, such as but not limited to redemption requirements, additional fees for securing collateral, and if collateral is worth securing.Key Accountabilities
Portfolio Management:Ensure accounts are worked completely and efficiently, thus notifying all parties involved of delinquency; including but not limited to calling all numbers, skip tracing and sending appropriate letters.Certify all activity is documented properly and accurately, assisting with and allowing necessary and appropriate follow up.Identify and correct errors that may negatively affect the customer and/or the bank.Coordinate with vendors, co-workers, management and other ONB departments to evaluate collateral, secure if appropriate, and follow up as needed, ensuring repossession actions are adequately managed timely and adhere to all compliance regulations.Ensure that SCRA checks are completed at each milestone for any loans that are currently in repossession.Ensure that charge offs are taken in a timely manner, as outlined in procedures.Certify that customers understand options, actions taken and expected/possible outcomes, working with them professionally and respectfully throughout the process.Qualifications and Education Requirements
3-year banking / Collection experience preferredExcellent Customer Service skillsAbility to MultitaskAble to follow up efficientlySkilled verbal and written communicationAbility to work independently and as part of a team.Strong organizational skillsCritical Thinking / problem solving skillsMicrosoft office skillsOld National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles.As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law.We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Director of Talent Acquisition, to fill a specific position.Our culture is firmly rooted in our core values.We are optimistic. We are collaborative. We are inclusive. We are agile. We are ethical. We are Old National Bank. Join our team!
#J-18808-Ljbffr
Job Locations:
US-IN-EvansvilleCategory/Function:
Lending/Commercial/Consumer/CreditPosition Type:
Regular Full-TimeRequisition ID:
2024-15161Workplace Type:
On SiteOverview
Old National Bank has been serving clients and communities since 1834. With $50 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving.Our team members are our greatest asset, and we continually invest in their growth and development. We offer a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization.We are currently seeking a Repossession Specialist that will be responsible for working with customers regarding past due payments, attempting to avoid repossession and charge off. If the accounts are not able to be satisfied appropriately, this position will coordinate efforts with vendors, other ONB departments, and customers to secure the collateral and process required account maintenance. This position will be responsible for decisions regarding the collateral, such as but not limited to redemption requirements, additional fees for securing collateral, and if collateral is worth securing.Key Accountabilities
Portfolio Management:Ensure accounts are worked completely and efficiently, thus notifying all parties involved of delinquency; including but not limited to calling all numbers, skip tracing and sending appropriate letters.Certify all activity is documented properly and accurately, assisting with and allowing necessary and appropriate follow up.Identify and correct errors that may negatively affect the customer and/or the bank.Coordinate with vendors, co-workers, management and other ONB departments to evaluate collateral, secure if appropriate, and follow up as needed, ensuring repossession actions are adequately managed timely and adhere to all compliance regulations.Ensure that SCRA checks are completed at each milestone for any loans that are currently in repossession.Ensure that charge offs are taken in a timely manner, as outlined in procedures.Certify that customers understand options, actions taken and expected/possible outcomes, working with them professionally and respectfully throughout the process.Qualifications and Education Requirements
3-year banking / Collection experience preferredExcellent Customer Service skillsAbility to MultitaskAble to follow up efficientlySkilled verbal and written communicationAbility to work independently and as part of a team.Strong organizational skillsCritical Thinking / problem solving skillsMicrosoft office skillsOld National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles.As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law.We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Director of Talent Acquisition, to fill a specific position.Our culture is firmly rooted in our core values.We are optimistic. We are collaborative. We are inclusive. We are agile. We are ethical. We are Old National Bank. Join our team!
#J-18808-Ljbffr