AVP, Equipment Finance Recovery Manager - Fleming Island, United States - First Citizens Bank

Description

Overview:
The Assistant Vice President of Equipment Finance Recovery

• Bankruptcy is responsible for the strategy, management and reporting of all Post Charge Off activities related to in house recovery collections and bankruptcy.

This position sets/reviews criteria for which accounts are worked through by the in-house collections/recovery team and bankruptcy attorneys. This position reports to the Vice President of Equipment Finance Recovery.


Responsibilities:

General Functions – Manage in-house collection activities related to bankruptcy filings to include determining which accounts are best handled by the in-house team, creating criteria for those accounts to be worked with determination when outside counsel is needed.

Managerial Functions – Assesses daily work for accuracy, process improvements, and efficiencies. Maintains detailed documentation on associate performance and supervisory actions. Manages the performance of assigned staff, including coaching, mentorship, training, and staff evaluations. Maximizes department achievements by providing professional development.
Bankruptcy management – Set guidelines for when outside attorneys are utilized. Determine most cost-effective means of placement (hourly, contingent, fee per usage, etc.). Regional vs National approach. Conduct regular meetings with attorneys to review performance, strategies, and continuance of relationships.


Qualifications:
Basic


Qualifications:

Bachelor's Degree and 4 years of experience in Bankruptcy and/or Recovery OR High School Diploma or GED 8+ years of experience in Bankruptcy and/or Recovery.

Preferred


Qualifications:
Banking and/or Finance Collections experienceExperience managing vendors (legal counsel)Management experienceAbility to be a strategic decision makerNegotiation skillsReporting analytics experience