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Jobs · Legal · Ohio

COLLECTIONS & RECOVERY ATTORNEY

7 17 Credit Union · Warren, OH · 2 mo ago
LegalFull-time

Position Summary

The Collections & Recovery Attorney develops and executes legal strategies to maximize recoveries and minimize losses. This role is responsible for managing litigation, bankruptcy, probate, foreclosure, repossession, and related collection matters while ensuring compliance with all applicable laws and regulations.

Key Responsibilities

  • Manage legal matters involving consumer, residential mortgage, and commercial loan collections.

  • Prepare, file, and oversee collection actions, including complaints, judgments, garnishments, and cognovit actions.

  • Negotiate settlements and resolutions with debtors and opposing counsel.

  • Represent the Credit Union in hearings, trials, bankruptcy proceedings, and other court matters.

Leadership & Collaboration

  • Provide guidance and support to Legal Administrative Assistants, Recovery Specialists, and Bankruptcy/Probate Specialists.

  • Partner with Lending, Finance, Servicing, Operations, and other departments to support organizational goals.

  • Aid in training initiatives and promote compliance with internal policies and applicable laws.

Compliance & Risk Management

  • Ensure collection and recovery activities comply with federal and state laws, regulations, court rules, and procedures.

  • Monitor legal developments affecting creditors' rights and debt collection practices.

  • Identify and mitigate legal and operational risks.

  • Help develop and maintain policies and procedures that protect the Credit Union’s interests.

Process Improvement & Reporting

  • Review recovery processes and recommend efficiencies that improve performance and consistency.

  • Prepare reports on recovery results, trends, metrics, and process improvements.

  • Draft and review legal pleadings, correspondence, settlement agreements, and other collection-related documents.

Why Join 7 17 Credit Union?

  • Meaningful work supporting the financial well-being of our members and communities.

  • Collaborative and mission-driven culture.

  • Opportunity to contribute to legal strategy and operational improvements.

  • Professional growth and leadership opportunities within a respected financial institution.

Qualifications

  • Required Education & Licensure:

    • Juris Doctor (J.D.) degree from an accredited law school.
    • Active license to practice law in the State of Ohio.
    • Admission to practice before the United States District Court and United States Bankruptcy Court for the Northern District of Ohio, or the ability to obtain admission promptly after hire.

  • Required Experience:

    • 3-5 years of experience representing creditors in: Debt collection, Foreclosure matters, Bankruptcy proceedings, Related litigation.
    • Experience managing legal caseloads and legal processes.
    • Experience supervising or mentoring legal support staff preferred.

  • Knowledge, Skills & Abilities:

    • Strong understanding of: Fair Debt Collection Practices Act (FDCPA), Fair Credit Reporting Act (FCRA), Servicemembers Civil Relief Act (SCRA), CFPB requirements and related creditor regulations.
    • Experience representing creditors in state and federal courts.
    • Excellent legal research, writing, negotiation, and advocacy skills.
    • Strong organizational, analytical, and problem-solving abilities.
    • Ability to balance multiple priorities while maintaining attention to detail.
    • Commitment to professionalism, confidentiality, and exceptional service.

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