Legal Specialist

About the Role

Join IHMVCU as a Legal Specialist at our headquarters on River Drive in Moline, Illinois. You will work in a comfortable office environment with an on‑site fitness center. In this role you will manage complex, high‑risk accounts involving bankruptcies, deceased members, levies, garnishments, vehicle repossessions, and collateral recovery. You will review loan accounts, negotiate settlements, coordinate with attorneys, trustees, and vendors, and make informed decisions that protect both our members and the credit union. The position is ideal for someone who uses sound independent judgment, communicates effectively, maintains thorough documentation, and enjoys resolving complex, time‑sensitive situations.

Key Responsibilities

• Manage bankruptcy cases and deceased member accounts from beginning to end.
• File and track legal documents, including Proofs of Claim, reaffirmation agreements, levies, and garnishments.
• Coordinate repossessions, auction pricing, and collateral recovery with third‑party vendors.
• Determine collateral disposition strategies and charge‑off readiness.
• Partner with legal counsel and Compliance to ensure actions meet regulatory requirements.
• Guide Collections Specialists on legal procedures and best practices.
• Prepare monthly reports related to charge‑offs, legal filings, and recovery efforts.
• Maintain accurate records to support audits and ongoing compliance.

Required Skills & Qualifications

• High school diploma or equivalent required; college coursework in business, finance, or law preferred.
• 3+ years of experience in collections, legal recovery, or repossession services.
• Expert understanding of FDCPA, bankruptcy laws, and repossession regulations.
• Strong communication skills, including negotiation and conflict resolution.
• Experience working with legal professionals, trustees, vendors, and financial systems.
• Ability to analyze complex cases and take timely, compliant actions.
• Detail‑oriented, resourceful, and comfortable working independently on time‑sensitive matters.

Benefits

• Outstanding training, support, and resources.
• Competitive compensation.
• 401(k) with company match and profit sharing.
• Paid holidays and generous paid time off.
• Tuition reimbursement.
• Paid community volunteer opportunities.
• Comprehensive health, dental, and vision insurance.
• Access to on‑site fitness center.

Physical Requirements

• Sitting: Sedentary work involves sitting most of the time; occasional walking and standing.
• Talking: Ability to convey detailed spoken instructions accurately, loudly, or quickly.
• Hearing: Ability to perceive normal speaking levels and receive detailed oral information.
• Finger, hand, touch: Picking, pinching, typing, and applying pressure with fingers and palm.
• Lifting: Up to 10 lb.
• Visual acuity: Ability to prepare and analyze data, transcribe, view a computer terminal, and perform extensive reading.

Pay

Competitive compensation. Final compensation will be determined by various factors such as experience, specific skills, and internal pay equity.