Confidential
Vice President, Credit Solutions and Loss Mitigation
Confidential, Columbus, Indiana, United States, 47201
Vice President, Credit Solutions and Loss Mitigation
About the Company
Prominent credit union
Industry Banking
Type Privately Held
About the Role
The Company is seeking a Vice President of Credit Solutions and Loss Mitigation to join their team. This senior leadership role is pivotal in the development and execution of strategies for loss prevention, collections, and fraud mitigation. The successful candidate will also serve as the Identity Theft Red Flags Officer and will be responsible for overseeing a wide range of functions, including fraud prevention, investigations, Reg E disputes, bankruptcy, collateral protection, asset recovery, and collection operations for various loan types. Key responsibilities for the VP include leading the strategy and execution of loss mitigation and collections, managing delinquency forecasting, charge-off budgeting, and loss analysis, as well as directing vendor relationships and developing policies, procedures, and compliance programs.
Applicants for the Vice President position at the company should have a Bachelor’s degree in a related field and 8-10 years of progressive experience in loss mitigation, collections, or related financial services. The role requires a candidate with strong leadership, analytical, and compliance expertise, who can provide reporting, analysis, and recommendations to senior leadership. The VP will also be responsible for guiding and developing the Loss Mitigation team, making it essential for the candidate to have a proven track record in team management and development. The position demands a strategic thinker with the ability to work in a fast-paced environment and a commitment to upholding the highest standards of integrity and compliance in all aspects of the role.
Travel Percent Less than 10%
Functions
Finance Operations
About the Company
Prominent credit union
Industry Banking
Type Privately Held
About the Role
The Company is seeking a Vice President of Credit Solutions and Loss Mitigation to join their team. This senior leadership role is pivotal in the development and execution of strategies for loss prevention, collections, and fraud mitigation. The successful candidate will also serve as the Identity Theft Red Flags Officer and will be responsible for overseeing a wide range of functions, including fraud prevention, investigations, Reg E disputes, bankruptcy, collateral protection, asset recovery, and collection operations for various loan types. Key responsibilities for the VP include leading the strategy and execution of loss mitigation and collections, managing delinquency forecasting, charge-off budgeting, and loss analysis, as well as directing vendor relationships and developing policies, procedures, and compliance programs.
Applicants for the Vice President position at the company should have a Bachelor’s degree in a related field and 8-10 years of progressive experience in loss mitigation, collections, or related financial services. The role requires a candidate with strong leadership, analytical, and compliance expertise, who can provide reporting, analysis, and recommendations to senior leadership. The VP will also be responsible for guiding and developing the Loss Mitigation team, making it essential for the candidate to have a proven track record in team management and development. The position demands a strategic thinker with the ability to work in a fast-paced environment and a commitment to upholding the highest standards of integrity and compliance in all aspects of the role.
Travel Percent Less than 10%
Functions
Finance Operations