Jobs · Business Development · Illinois

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.

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