Asset Recovery Paralegal

Position Purpose The Asset Recovery Paralegal is responsible for supporting legal recovery efforts related to small claims judgments, claim and delivery actions, collection litigation, and collateral recovery. This position ensures legal actions are completed in a timely and accurate manner while maintaining compliance with applicable laws, regulations, and court requirements. The role works closely with members, attorneys, and court personnel to facilitate the recovery of delinquent debts and mitigate losses to REV Federal Credit Union. Duties & Responsibilities Assumes Responsibility for Operational Leadership and Branch Support: Organizes and coordinates a high volume of collection, litigation, and recovery mattersCommunicates professionally with members, attorneys, and court personnelManages litigation and deadlinesPrepares, reviews, and files necessary documents with the court and county officesServes as an administrative support resource for the Asset Recovery DepartmentEnsures all legal correspondence and documentation received by Asset Recovery is reviewed and routed to the appropriate party for approval and actionPrepares, receives, and reviews documentation and works closely with members and internal and external counsel to ensure that all required documents are completed within the deadlines set by the courtMaintains accurate records and case files for all legal recovery activitiesDiligently reviews loans assigned to legal counsel to ensure that the process is being completed efficiently so that it is completed within the allowable state timeline Legal Recovery Evaluates loan files to ensure all required notices and documentation have been provided prior to initiating proceedingsPrepares legal referral packages and forwards them to designated legal counselMonitors accounts assigned to attorneys to ensure legal actions progress efficiently and within state-mandated timelinesFiles actions through Small Claims Court to obtain judgments when appropriateMaintains complete and accurate records of all expenses within the appropriate general ledger accounts Loss Mitigation And Member Assistance Works collaboratively with members to identify loss mitigation opportunities when appropriateEstablishes and monitors repayment agreements based on a member's financial ability to repayoutstanding debtRefers accounts requiring additional loss mitigation review or approval to management Reporting And System Maintenance Updates Keystone / Fusion to ensure all actions, communications, deadlines, and outcomes are properly documented, tracked, and monitoredPrepares departmental reports as requested by Senior ManagementCompletes required monthly reports accurately and within established deadlines Team Accountabilities Supports and upholds REV FCU standards and valuesAdheres to the REV FCU Code of Ethics and ensures that confidential information is safeguardedMaintains a high level of cooperation and professionalism with all associates to support efficient operations and exceptional member serviceCommunicates new ideas and suggestions that will improve profitability and efficiency for REV FCU overall operationProcesses payments for delinquent loan payments as neededMaintains neat and organized work area and scans all pertinent documentationAssists as a backup for the charge-off and negative share specialist and loss mitigation specialist as neededPerforms other duties as assigned by management and as needed Skills & Qualifications Assuming responsibilities for related duties as required or assigned. Education/Skills And Abilities Associate's degree or equivalent combination of education and relevant work experienceMinimum of two (2) years of experience in collections litigation, Claim and Delivery actions, or related legal recovery functionsWorking knowledge of collection and judgment processes from default through final resolutionProficiency in Microsoft Office Suite, including Excel, Word, and OutlookStrong organizational skills with the ability to manage multiple priorities and deadlines simultaneouslyExcellent verbal, written, and interpersonal communication skillsAbility to maintain confidentiality and exercise sound judgmentStrong analytical and problem-solving abilitiesKnowledge of legal terminology, regulatory compliance, and risk management principlesAbility to work effectively in a fast-paced environment with competing prioritiesProven ability to manage time effectively and consistently meet deadlines Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)