Bankruptcy Collections Specialist III

Job description

Overview: Manages complex accounts with the following areas of specialization: Foreclosure, Bankruptcy, REO/Property Preservation, Repossession, Remarketing, Legal Liaison or Post Charge Off Collections. Primary Responsibilities: - Initiate contact with consumer borrowers that are in the mid to late stages of delinquency; assess the prospect of repayment, and arranging repayment schedules or other solutions such as: Loan Workout, Alternative Lending, Consumer Credit Counseling Services, Reages, or Extensions. - Initiate contact with customers’ attorneys and Bankruptcy trustees. - Investigate and conduct skip tracing as required. - Submit recommendations for account placement with third party collection agencies, attorneys, brokers, and property preservation firms. - Initiate direct contact with borrowers (consumer, mortgage, deposit overdraft, business banking), assessing the prospect of repayment, arranging repayment schedules or other solutions. - Contact business partners and vendors to ensure services provided are meeting predetermined service level agreements. - Participate in loss prevention by employing advanced strategies that provide adequate protection for M&T with respec...