UNFCU

Loss Mitigation Administrator

UNFCU  •  $70k - $75k/yr  •  Long Island City, NY (Hybrid)  •  3 hours ago
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Job Description

Why join this team

Safeguard UNFCU’s assets by addressing early-stage delinquencies and reducing future defaults through negotiating payment plans and credit options with departing members. Serve as a liaison with UNFCU attorneys on bankruptcy matters. Handle administrative processes related to loan payment relief, bankruptcy notifications, deceased accounts, disability insurance claims, negative share accounts, charged-off accounts, credit bureau reporting, and other related duties as needed.

This position is hybrid.

NYC Salary Range - $70,430 – $75,000 annually; compensation is commensurate to geographic location.

What you'll do

  • Regardless of seniority or role, uphold UNFCU’s mission, core values, and guiding principles by providing an exceptional service experience to colleagues and members alike through consistent demonstration of our service excellence behaviors
  • Review, log, and respond to all UN Payroll Clearance requests and monitor payroll allocations; ensure notifications are generated and emailed to all separating members indebted to UNFCU; negotiate future payment arrangements and credit line availability with separating members; monitor accounts and UNFCU general ledger for final entitlements
  • Process final entitlements received from UN agencies and apply payments to member loan accounts
  • Review and process deferments, payment changes, and disability payments (including deceased accounts)
  • Monitor and manage negative share accounts, charge-offs, and credit reporting
  • Submit and track disability insurance claims through ClaimVantage
  • Assign accounts to third-party collection agencies/law firms and apply collected payments
  • Review bankruptcy cases, prepare documentation, liaise with attorneys, and update systems accordingly
  • Maintain records in collection systems, manage account restrictions, and perform recovery of written-off loans
  • Provide member support, prepare reports, handle communications, collaborate across teams, and support additional duties

What we're seeking

  • High school diploma or equivalent
  • 3 years of experience focused on the control and prevention of delinquency in a financial services environment with administrative responsibilities
  • Knowledge of CFPB and FDCPA
  • Working knowledge of collection procedures, the bankruptcy code and all applicable regulations
  • Strong Microsoft Office skills, especially Excel
  • Experience with Fiserv DNA is a plus
  • Ability to extract, manipulate, and interpret data from various systems
  • Strong organizational skills with the ability to prioritize tasks and manage relationships across all levels

  • Sound problem-solving, decision-making, and negotiation skills

What makes you stand out

  • Strong proficiency in Microsoft Office, particularly Excel
  • Experience with Fiserv DNA is a plus
  • Excellent multitasking abilities

Who we are

UNFCU is a global not-for-profit financial institution that serves the UN community. We are committed to providing peace of mind to our members and colleagues and strive to achieve service excellence in all that we do. The best part of UNFCU is the people. Those that choose to work with us often find personal fulfillment, professional growth and a purposeful culture.

UNFCU is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. UNFCU prohibits discrimination and harassment of any type. All applicants will be considered for employment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by country, federal, state or local laws.

UNFCU

About UNFCU

The United Nations Federal Credit Union (UNFCU), founded in 1947, is a member-owned, not-for-profit cooperative that offers a range of banking, investment and insurance products and services to the global UN community. We have more than 200,000 members in over 200 countries, assets in excess of USD $8B, and more than 700 employees. UNFCU is committed to social responsibility and we support causes worldwide. Headquartered in Long Island City - Queens, and with branches in New York City and offices in Washington, D.C. and McLean, VA, UNFCU also has representative offices in Geneva, Switzerland; Vienna, Austria; Nairobi, Kenya, Rome, Italy and Entebbe, Uganda. For more information, visit www.unfcu.org.

As an employer, our benefits are second to none, and include comprehensive medical, dental and vision; 401k with dollar for dollar matching contributions and immediate vesting; a generous defined benefit cash balance plan; tuition reimbursement; volunteer time off; company paid life & disability coverage; flexible spending accounts; and maternity/paternity leave to name a few!

We are committed to embedding diversity in all areas of our business. We promote an environment of equity and inclusion where we embrace and leverage our differences to drive organizational success. Our staff is representative of the global membership we serve.

Because of this diversity, we can understand, communicate, empathize, and connect with each and every member. Our employees, and the exceptional service they provide, are our core strength as we provide peace of mind to our members.

UNFCU has a dedicated Diversity, Equity, Inclusion and Belonging (DEIB) Council and several business resource groups (BRGs) comprised of staff volunteers. Each BRG hosts educational events and activities to empower their members and allies. The BRGs also identify and implement measurable best practices that further embed DEI in UNFCU’s corporate culture.

An Equal Opportunity & Affirmative Action Employer

Industry
Finance & Insurance
Company Size
501-1,000 employees
Headquarters
Long Island City, NY
Year Founded
1947
Website
unfcu.org
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