Financial Assistance Specialist II- Collateral

Rockland Federal Credit Union (RFCU) is seeking a Financial Assistance Specialist II – Collateral. Reporting to the Financial Assistance Manager, this role supports the effective operation of the Financial Assistance department by managing advanced recovery activities, including repossessions and remarketing of vehicle collateral, in full compliance with regulatory requirements and Credit Union policies and procedures.

Key Responsibilities

• Manage delinquent vehicle-secured accounts through calls, emails, and skip tracing while maintaining accurate documentation
• Conduct loan research and collaborate with internal teams to resolve accounts in line with service standards
• Process member payments via debit card, ACH, and internal transfers with accuracy and compliance
• Oversee all phases of the repossession process, including notices, recovery, redemption, and disposition
• Ensure all required legal notifications are completed accurately and in compliance with regulations
• Coordinate with vendors, set expectations, and obtain timely updates on recovery efforts
• File and manage VSI and physical damage claims, including ancillary rebate submissions
• Partner with leasing companies on repossession-related claims and documentation
• Ensure proper handling of accounts impacted by bankruptcy or estate processes

Qualifications

• 4 years of experience in first-party collections and collateral recovery
• Strong knowledge of vehicle titling, lien documentation, and repossession processes
• Working knowledge of FDCPA, bankruptcy, and state repossession regulations
• Proficiency in Microsoft Office (Excel, Word, Teams, Outlook)
• Credit Union experience preferred

Work Schedule and Benefits

As a Collections Specialist II- Collateral, you will work a 40-hour full-time schedule Monday through Friday with a rotating Saturday every 6-8 weeks.

RFCU offers a comprehensive benefits package, including Cigna medical benefits, dental benefits, vision benefits, a 401(k) plan with company match and profit-sharing potential, flexible health and dependent care plans, and life, AD&D, and LTD insurance. We also provide a generous and flexible tuition reimbursement program, along with a PTO package designed to help employees recharge and enjoy time with family and friends.

Are you ready to apply?

If this sounds like what you are looking for, then the next step is to apply! You will need to upload your resume and answer a few basic questions. Our Human Resources team will review your application to determine your qualifications for the position. Our interview process consists of an initial telephone interview with Human Resources, followed by an in-person interview with the hiring manager for qualified candidates. At that point if we are the right fit for each other, you will move to the final steps of references, credit and background check.

Apply today and join our team!

In alignment with our commitment to pay transparency, we're pleased to share that the base hourly range for this position is $27.60 - $28.98, excluding fringe benefits or potential incentives. If you're hired at Rockland Federal Credit Union, your final base pay will be determined based on factors such as skills, education, and experience. We also take pay equity seriously and consider the internal equity of our current team members as part of any final offer. Please note that the range provided reflects the full base pay for this role. We also offer a comprehensive compensation and benefits package designed to support your overall well-being and success.

Rockland Federal Credit Union is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

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