Financial Recovery Representative II (Default Services)

Location: Akron, Ohio, United States; office-based. Other listed locations include Chicago, Detroit, Tupelo, Denver, Charlotte, Dallas, Minnetonka, and Columbus. Applicants must be currently authorized to work full-time in the United States.

Salary: $57,000–$113,000 annual base salary, plus eligibility for applicable incentive compensation.

Company

hirify.global provides banking and financial services.

What you will do

• Manage a portfolio of substandard Business Banking loans and develop litigation or liquidation strategies for loans up to $500 million.
• Analyze financial plans, negotiate collections and restructurings, and recommend or oversee litigation and liquidation activities.
• Determine risk ratings, accrual status, and losses while addressing loan workout scenarios.
• Present data-driven action plans and exit strategies for problem loans to senior management.
• Maintain effective controls and processes for risk measurement, monitoring, and regulatory compliance.
• Work with customers, attorneys, liquidators, and management in a time-sensitive environment.

Requirements

• High school diploma or GED.
• At least three years of experience in commercial or Business Banking underwriting, lending, credit, and/or appraisal.
• Ability to negotiate settlements, workouts, and security sales while complying with state and federal regulations.
• Knowledge of bankruptcy laws, real estate foreclosure processes, and loan exit strategies.
• Working knowledge of SBA loans and associated workout procedures.
• Must already be authorized to work full-time in the United States; immigration sponsorship is not available.

Nice to have

• Bachelor’s degree in Business, Finance, or Accounting.
• Experience with AFS, Velocity, RETS, or CARS.
• Strong written and verbal communication, attention to detail, negotiation, and goal achievement skills.

Culture & Benefits

• Office-based work environment with possible flexible arrangements determined by the hiring team.
• Health insurance, wellness programs, life and disability insurance, and retirement savings plan.
• Paid leave, paid holidays, and paid time off.
• Equal opportunity employment practices.