Asset Recovery Analyst
GGP · Chicago, IL · 1 wk ago
Business Development$33.65–$43.27/hrFull-time
Responsibilities
- Perform eviction and collection work for a defined set of shopping centers.
- Master basic legal principles for assigned jurisdictions related to collection, eviction, retail bankruptcy, leasing and apply knowledge to management of litigation caseload.
- Review lease documents, amendments, aging reports, account ledgers, and related correspondence to support default, collection, settlement, and litigation strategy.
- Engage and manage outside counsel, as necessary, to litigate collection/eviction matters.
- Monitor tenant accounts receivable and aging reports to identify, understand, and reconcile delinquencies; update and maintain bad debt reserves.
- Prepare and issue default notices and demand letters in accordance with lease terms.
- Negotiate settlements and payment plans with tenants and communicate with senior management and executives to obtain authority.
- Timely communicate litigation progress to internal stakeholders.
- Cookordination with property management on recovering possession of leased premises, and, if allowable under state law, manage lockout process.
- Cookordination with outside counsel on judgment enforcement, post-judgment collection activity, payment monitoring, and matter closure.
- Follow all policies and processes of the Company, the Legal Department, and the Asset Recovery function.
Qualifications
- A high school diploma or GED required.
- A bachelor’s degree in Business, Finance, Accounting, Paralegal Studies, or a related field preferred.
- A minimum of 2 years of experience in collections, accounts receivable, paralegal/legal support, property management, or a related function required.
- Strong quantitative and qualitative analytical skills.
- A solid grasp of basic accounting and math principles.
- Excellent interpersonal, communication and writing skills.
- Strong organizational skills, detail oriented, and exemplary work ethic.
- Computer literacy with emphasis on MS Outlook, Word and Excel.
- Ability to work with a diverse group of people.