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Early Default Counselor

LMCU
place Grand Rapids, 49505
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Full Time

About Job

Job Summary:

The Early Default Counselor role is responsible for preserving the Credit Union’s assets by controlling delinquent loan accounts, collecting delinquent loan payments and/or recovering collateral.

Responsibilities:

  • Contacts delinquent accounts by phone and mail; takes appropriate action to bring current.
  • Analyzes financial situation of delinquent borrowers; makes recommendations to repossess collateral when other arrangements to bring the loan current are unsuccessful
  • Maintains accurate files and reports on all collections activity.

Preferred Education and Experience:

  • One to three years of similar or related experience. Prior experience working for a credit union is a plus.
  • Excellent written and verbal communication skills.

LMCU is an Equal Opportunity Employer