Director, Member Solutions + Recovery

Director, Member Solutions + Recovery### Director, Member Solutions + Recovery Apply:
Hybrid:
South Bend, Indiana 46601:
Carmel, Indiana 46032 - Meridian Mark II:
Full time:
Posted Today:
R-100695
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* Job Description:

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* Position Summary:

** Director, Member Solutions + Recovery is responsible for organizing, planning, directing, and leading Everwise Credit Union’s consumer and residential mortgage collections, loss mitigation, and recovery processes. The incumbent will design, improve, and manage operational processes for collections, legal recovery, foreclosure, repossession, asset disposition, and assist in the resolution of difficult and complex member account situations. The Director, Member Solutions + Recovery is responsible for aligning collection and recovery strategy with organizational objectives, ensuring efficiency in procedures, consistency in decision making, and compliance with Everwise policies and regulatory and legislative guidelines.
** Primary Responsibilities & Duties:
*** Lead, manage, and oversee the daily operations and personnel of the Member Solutions, Loss Mitigation and Recovery Services Department.
* Provide coaching, mentoring, and development opportunities to personnel, fostering a positive and productive work environment.
* Develop and implement strategies to improve efficiency and effectiveness in collections and recovery processes.
* Develop and implement loss mitigation strategies, including forbearance agreements and other solutions to assist members in financial distress.
* Oversee the collection of delinquent consumer and residential mortgage loan accounts, as well as overdrawn deposit accounts.
* Identify, implement, utilize, and manage collection and recovery tools including software, vendor partnerships, and third-party data.
* Evaluate and hire outside vendors to repair and market Everwise-owned foreclosure properties.
* Manage legal recovery processes, bankruptcy proceedings, repossessions, foreclosures, and asset disposal.
* Ensure compliance with secondary market servicing guidelines, investor requirements, and secondary market standards across all collections and loss mitigation operations.
* Ensure all collection and recovery activities comply with federal, state, and local laws and regulations.
* Develop and maintain policies and procedures to mitigate risk and ensure the protection of the credit union's assets.
* Collaborate with internal and external legal counsel as necessary to address complex recovery and collection issues.
* Evaluate accounts and identify the optimum course of action for Everwise.
* Monitor and analyze collection and recovery performance metrics, preparing regular reports for credit strategy committee and executive management.
* Utilize data and analytics to identify trends, develop forecasts, and make informed decisions to enhance collection and recovery efforts.
* Maintain a member-focused approach, ensuring that all interactions are conducted with empathy and respect.
* Develop and maintain strong relationships with members, providing assistance and guidance to help them navigate financial challenges.
* Assume additional responsibilities as necessary for the continued growth and advancement of the Credit Union  
** Knowledge/

Skills:

*** Excellent leadership skills and the ability to coach, mentor, and manage teams.
* Thorough knowledge of consumer and real estate collections, servicing, foreclosure, bankruptcy procedures, secondary market, and legal requirements.
* Understanding of bank and/or credit union retail/lending policies, and default enforcement clauses.
* Organizational abilities to manage multiple projects and priorities.
* Interpersonal skills to work with internal and external stakeholders.
* Strong analytical skills, critical…