County National Bank (CNB) is an independent, locally owned, community bank that is successful and growing whose mission is to "sustain its deep commitment to the community and its traditions of excellence in all aspects of banking and provide outstanding client service and solid financial performance."
We invite you to share in our mission and vision as a community banker, making a difference in your community while experiencing excellent benefits and career opportunities.
CNB is looking for a qualified, motivated, and client- and team-focused individual to join our team as an ON-SITE Loss Mitigation Specialist in our Hillsdale, Main Office location.
JOB SUMMARY
Responsible for collecting consumer and real estate loan past due payments and charged-off checking accounts and advises loan officers of collection problems. This is a Full-Time position with hours scheduled Monday – Friday.
DUTIES
- Processes and mails out past due notices, as needed.
- Reviews printouts of all past due consumer & real estate accounts.
- Contacts debtors via phone, letters and personal visits.
- Documents debtor contacts via collection module.
- Advises borrowers on available workout options and resources.
- Orders property inspections on delinquent loans.
- Advises original lender/branch manager of collection activities, should “problem” exist.
- Orders and processes repossession documents.
- Writes Demand Letters with original lender’s approval.
- Prepares charge-off’s, small claims documents, civil suit documents, garnishment and lien forms for loans and checking accounts.
- Prepares maintenance sheets for change of address, phone, etc., and runs skip tracing, as needed.
- Updates past due loans for the board report.
- Represents bank in small claims suits.
- Monitors delinquent property taxes on consumer/retail mortgage loans.
- Prepares annual Home Equity Loan Review.
- Prepares monthly reporting to Freddie Mac, USDA, HAMP, PMI, and etc.
- Performs post close risk review or monitoring of all consumer files (different individuals must perform post close review and monitoring functions).
- Performs weekly consumer and mortgage loan delinquency review.
- Performs exceptions review of consumer loans.
- Maintains and protects confidentiality of client information.
- Maintains regular, on-time attendance.
- Remains current in assigned training and continuing education for designation retention (online, video, in-house emails, telephone seminars, etc.)
- Complies with all regulatory requirements including Bank Secrecy Act and all others specific to their position.
- Performs other various duties as assigned.
CONTACT WITH OTHERS – INTERNAL
- Communicates on a regular basis with lenders.
- Communicates frequently with other staff members, as needed.
CONTACT WITH OTHERS – EXTERNAL
- Communicates on a regular basis with clients.
VEVRAA Federal Contractor - We request Priority Protected Veteran and Disabled Referrals for all of our locations.
County National Bank is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, , national origin, protected veteran status, status as a qualified individual with disability, or any other characteristic protected by law.
The EEO is the Law poster is available by clicking the following link: https://www.eeoc.gov/employers/upload/poster_screen_reader_optimized.pdf
