4 days old
2017-12-122018-01-11

Loan Recovery Specialist

Bank of Hawaii
Oahu, HI
  • Job Code
    148646

Loan Recovery Specialist-1700993
Description

Does this sound like you?

Are you ambitious?  Want to make a difference in people’s lives?  Do you thrive in an environment that leverages your abilities as a fast learner, good listener, and problem-solver?   If you love challenges, relish complexity, and have moxie, consider applying your unique talents with a Hawaii banking leader – Bank of Hawaii.  Here you can be at the forefront of whatever you do. Welcome to your tomorrow!

 

A day in your life as a Recovery Specialist

Under the direction of the Manager and/or Supervisor, this position administers assigned consumer, overdraft and non-loan charge off files to maximize recovery and minimize expenses, identifies and reduces exposure to counterclaims, evaluates and disposes of collateral and processes files for final write off where no further source of recovery exists.  Assists in business unit’s compliance with applicable laws, regulations, regulatory requirements and Bank policies and procedures, including but not limited to those related to Fair Banking, Anti-Money Laundering laws and regulations, Bank Secrecy Act and USA PATRIOT Act.  In addition, this position is responsible for demonstrating the Excellence in Sales/Service (ESS) philosophy by participating in and practicing ESS disciplines and behaviors.

 

We’ll give you these important responsibilities…

  • Researches possible solutions and processes to support the achievement of assigned recovery goals.  Assists with implementing initiatives to increase pressure for repayment as appropriate.  Negotiates repayment schedules or settlements within policy, assign files for legal action or collection agency placement.  Monitors progress on assigned files to ensure cost-effective results.  Works directly with debtors or other professionals by telephone, written correspondence or in person.  Recommends or, within established limits, approves files for final write off once all sources of recovery has been exhausted.
  • Prepares and dispatches standard and complex letters to obligors, attorney firms, collection agencies or other professionals.    Assists in the provision of data for IRS audits, prepares files for IRS reporting, and assists with system upgrades and other assigned projects.  Conducts research using information from internal Bank systems, government agencies, Internet sites, credit bureau reports, financial information and other resources to locate obligors and determine repayment sources.
  • Participates in attorney and collection agency forums, sets up and conducts internal training sessions for Recovery staff and facilitates Bank training for assigned topics such as bankruptcy, Fair Debt Collection Practices Act, Fair Lending Act, etc.
  • Performs all other miscellaneous responsibilities and duties as assigned.

 


Qualifications

…if you come to us with these qualifications…

Education: 

  • Bachelor’s degree from accredited institution or equivalent work experience.

Experience:  

  • Minimum 1 - 2 years in positions of increasing responsibility in consumer lending, recovery or related banking areas.

 

Technical Skills: 

  • Demonstrated proficiency with personal computers in a networked environment and Microsoft applications (Outlook, Word, Excel, Access and PowerPoint) or similar software.   
  • Able to create and use financial models.

 

Other Job Qualifications: 

  • Demonstrated verbal and written communication skills. 
  • Must be analytical, detail oriented, organized. 
  • Able to meet deadlines and handle multiple priorities.
  • Demonstrated negotiation skills.
  • Able to analyze financial statements. 
  • Effective and efficient team player with excellent interpersonal skills, who can also resolve problems independently. 
  • Able to work with minimal supervision and assist with training of other staff members.
  • Able to work flexible hours including holidays, weekends and evenings as needed or assigned. 
  • Must be able to provide own transportation or to operate a vehicle with a valid driver’s license, and able to commute and arrive at intended destination in a timely manner and/or as required. 

 

 

Bank of Hawaii

In 1897, Bank of Hawaii was the first chartered and incorporated bank in the Republic of Hawaii. We’ve been here from territorial days, growing and changing with Hawaii. Today, we are the largest independent bank in Hawaii – a result of knowing our business and community, and always staying ahead of change.  We are constantly finding creative ways to deliver leading edge financial services to our customers.  Now, we’re embracing change with our new 21st century banking.

 

It’s our people who help us succeed in offering first class service and products to our customers.  As a member of the Bank of Hawaii community, you will be among the very best in your profession in an environment that places a high value on integrity, innovation and teamwork.  People who are agile, savvy, forward-thinking and entrepreneurial can learn and grow with us.

 

All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of any legally protected classification including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or protected veteran status.  Bank of Hawaii takes affirmative action in support of its policy to advance in employment legally recognized individuals including minorities, women, protected veterans and individuals with disabilities.

 

Job Function Bank Operations
Primary Location Hawaii-Oahu
Schedule Full-time
Job Posting Dec 4, 2017, 5:19:45 PM
Unposting Date Ongoing
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Loan Recovery Specialist

Bank of Hawaii
Oahu, HI

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Oahu, hi

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