Special Assets Collection Officer (Los Angeles)
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Salary: $75,000 - $105,000 per year A bit about us: We are a prominent financial services firm with over 25 years of experience specializing in Commercial Real Estate loans. As a top-ranked lender, we are seeking a motivated Sr. Loan Collection Officer to join our team at our corporate headquarters in downtown Los Angeles. Why join us? Our company culture values entrepreneurial spirit, leadership, and innovative problem-solving. Become part of a team known for delivering outstanding service in the commercial real estate lending industry.
Great benefits, pay, and company work culture. Job Details Job Details: We are currently seeking a motivated and experienced Senior Loan Collections Officer to join our dynamic team. This challenging role is ideal for individuals who possess a keen eye for detail, exceptional negotiation skills, and a passion for achieving financial resolutions. The successful candidate will be responsible for managing and resolving special asset cases, including foreclosures, collections, and recoveries. This role requires a minimum of 5 years of experience in a similar position. Responsibilities: As a Senior Loan Collections Officer, your responsibilities will include: 1. Managing a portfolio of special assets, including foreclosed properties, collections, and recovery cases, ensuring all cases are handled in a timely and efficient manner. 2. Implementing effective recovery strategies and negotiating with borrowers to achieve the best possible financial resolution. 3. Collaborating with legal counsel, real estate agents, and other relevant parties to manage foreclosure processes. 4. Conducting detailed financial analysis to assess borrowers' financial condition and determine appropriate recovery strategies. 5. Maintaining accurate and up-to-date records of all collection activities, ensuring compliance with company policies and regulatory requirements. 6. Providing regular reports to senior management on the status of special assets and recovery efforts. 7. Continually identifying opportunities for process improvements to increase efficiency and effectiveness of collection activities. Qualifications: The ideal candidate will have the following qualifications: 1. A minimum of 5 years of experience in collections, foreclosures, and recovery. 2. A Bachelor's degree in Accounting, Finance, or a related field. 3. Strong knowledge of foreclosure laws and collection practices. 4. Excellent negotiation and conflict resolution skills. 5. Strong analytical skills, with the ability to assess complex financial situations and make sound decisions. 6. Proficiency in using financial software and databases. 7. Exceptional communication skills, both written and verbal, with the ability to effectively communicate with various stakeholders, including borrowers, legal counsel, and senior management. 8. A high level of integrity and professionalism, with a commitment to maintaining the confidentiality of sensitive information. If you are a results-driven professional with a proven track record in managing special assets and achieving successful financial resolutions, we would love to hear from you. Apply today and join our dedicated team in the exciting and rewarding world of Accounting and Finance. Interested in hearing more? Easy Apply now by clicking the Apply button. Jobot is an Equal Opportunity Employer. We provide an inclusive work environment that celebrates diversity and all qualified candidates receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, age (40 and over), disability, military status, genetic information or any other basis protected by applicable federal, state, or local laws. Jobot also prohibits harassment of applicants or employees based on any of these protected categories. It is Jobot’s policy to comply with all applicable federal, state and local laws respecting consideration of unemployment status in making hiring decisions. Sometimes Jobot is required to perform background checks with your authorization. Jobot will consider qualified candidates with criminal histories in a manner consistent with any applicable federal, state, or local law regarding criminal backgrounds, including but not limited to the Los Angeles Fair Chance Initiative for Hiring and the San Francisco Fair Chance Ordinance. Information collected and processed as part of your Jobot candidate profile, and any job applications, resumes, or other information you choose to submit is subject to Jobot's Privacy Policy, as well as the Jobot California Worker Privacy Notice and Jobot Notice Regarding Automated Employment Decision Tools which are available at jobot.com/legal. By applying for this job, you agree to receive calls, AI-generated calls, text messages, or emails from Jobot, and/or its agents and contracted partners. Frequency varies for text messages. Message and data rates may apply. Carriers are not liable for delayed or undelivered messages. You can reply STOP to cancel and HELP for help. You can access our privacy policy here: jobot.com/privacy-policy
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