Top 51 Loss mitigation Jobs in Lake Forest Il

Debt & Asset Recovery Specialist
Mitsubishi HC Capital America Inc —Itasca, IL
- $57,200 - $63,400 a year
- Full-time
- Microsoft Word
- Spanish
- English
- Health insurance
- Dental insurance
Quick Apply
Sr. Debt & Asset Recovery Specialist
Mitsubishi HC Capital America Inc —Itasca, IL
- $72,200 - $87,800 a year
- Full-time
- Hybrid work
- Microsoft Word
- Spanish
- English
- Health insurance
- Dental insurance
Quick Apply
Construction Estimator / Insurance Restoration Estimator
ACR Inc. —Wheeling, IL
- $65,000 - $70,000 a year
- Full-time
- Background check
- Construction site
- Residential
- Health insurance
- Dental insurance
Quick Apply
Restoration Technician
BluSky Restoration Contractors, LLC —Waukegan, IL
- $15 - $25 an hour
- Online Application
- Background check
- Management
- Customer service
- Paid holidays
- Disability insurance
Quick Apply
Debt Recovery Specialist
Mitsubishi HC Capital America Inc —Itasca, IL
- $55,000 - $65,000 a year
- Full-time
- Mid-level
- Office
- High school diploma or GED
- Health insurance
- Dental insurance
Quick Apply
2d
Sr Sci, R&D - Packaging Dev
Kraft Heinz Company —Glenview, IL
- $89,800 - $112,200 a year
- Management
- Master's degree
- Doctor of Philosophy
- AD&D insurance
- Paid holidays
Senior Credit Risk Analyst
Alliant Credit Union —Chicago, IL
- $84,200 - $131,000 a year
- Full-time
- Hybrid work
- Computer Science
- Mid-level
- Office
- Paid parental leave
- Paid holidays
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Senior Director, Corporate Global Security
Regal Rexnord —Rosemont, IL
- $158,400 - $246,700 a year
- Online Application
- Hybrid work
- Spanish
- Military
- English
- Health savings account
- AD&D insurance
6d
Sr Target Security Specialist - Sortation Center - Elmhurst, IL
Target —Elmhurst, IL
- $20.82 - $37.45 an hour
- Full-time
- 18 years or older
- Forklift
- High school diploma or GED
- Paid holidays
- Disability insurance
1d
Senior Commercial Credit Underwriter
Wheels, Inc. —Schaumburg, IL
- $87,100 - $121,900 a year
- Full-time
- Hybrid work
- Background check
- Office
- Finance
Mitigation Technician
UST Cleaning Services, Inc. —Buffalo Grove, IL
- $25 - $35 an hour
- Part-time
- Background check
- Mid-level
- Driver's License
- Paid training
- Paid time off
Quick Apply
AVP, Quality Assurance
Fay Servicing, LLC —Rosemont, IL
- Hybrid work
- Microsoft Excel
- Mid-level
- 3 years
- Paid holidays
- Disability insurance
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Assistant Store Manager
KOHLS —Schaumburg, IL
- $65,500 - $104,800 a year
- Weekends as needed
- 18 years or older
- Merchandising
- Mid-level
- Disability insurance
- Dental insurance
8d
Embedded Software Engineer
Quickset Defense Technologies LLC —Northbrook, IL
- $85,000 - $110,000 a year
- Full-time
- 6 years
- Bachelor of Science
- English
- Health savings account
- Health insurance
Quick Apply
Principal Credit Risk Analyst
Alliant Credit Union —Chicago, IL
- $119,400 - $204,600 a year
- Full-time
- Hybrid work
- Computer Science
- Office
- Finance
- Paid parental leave
- Paid holidays
Quick Apply
Clinical Risk Specialist RN
Captive Resources LLC —Itasca, IL
- Nursing
- RN License
- Mid-level
VP Supply Chain Optimization
Medline Industries —Northfield, IL
- $177,000 - $266,000 a year
- Full-time
- Hybrid work
- 11+ years
- Travel
- Organizational skills
- Health insurance
- 401(k)
2d
MORTGAGE COLLECTIONS SPECIALIST
OSP LP —Palatine, IL
- Full-time
- Microsoft Word
- Spanish
- Microsoft Excel
- Paid holidays
- Disability insurance
Quick Apply
8d
Director, IAD Division Accounting & MEUH Group Insurance
Mitsubishi Electric US, Inc. —Vernon Hills, IL
- $149,600 - $205,700 a year
- Full-time
- 5 years
- US work authorization
- Fair chance
- Paid time off
- Parental leave
Quick Apply
Director, Treasury & Cash Management
Meridian IT —Deerfield, IL
- Full-time
- Office
- Finance
- Analysis skills

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Debt & Asset Recovery Specialist

Mitsubishi HC Capital America Inc -
Itasca, IL

Quick Apply

Job Details

Full-time
$57,200 - $63,400 a year

Benefits

Health insurance
Dental insurance
Paid time off
Employee assistance program
Vision insurance
401(k) matching
Employee discount
Life insurance

Qualifications

Optimizing workflow processes
Microsoft Word
Debt collection phone call
Computer operation
Spanish
Contract management
Correspondence management
Internal controls
Legal correspondence preparation
Resource allocation (project management tasks)
Process audits
Debt settlement analysis
Phone communication
Operations coordination
Copy machines
Regulatory compliance
English
Mid-level
Risk mitigation strategy implementation
Incident Escalation
KPI monitoring
Financial issue resolution
Client invoicing
Debt collection legal action
Customer payment reminders
Compliance monitoring
Documentation tools
Task prioritization
Decision making
Debt collection payment plan

Full Job Description

Position Overview: The company is looking for a motivated and experienced portfolio management professional skilled in mid-stage collections and recovery activities. The Debt and Asset Recovery Specialist responsibilities include (but are not limited to) collection of delinquent accounts through phone/written correspondence, skip-tracing, repossession requests/submissions, managing contracts out for repo, account escalation, and submittal of legal recommendations as warranted. This role ensures the effective coordination of late-stage collections, asset recovery, and risk mitigation strategies. The ideal candidate must be positive, focused, a team player, and possess strong time management, multitasking, and negotiating skills.

Commitment to Internal Control:

The incumbent accepts the responsibility for establishing and maintaining the internal control system associated with the essential duties and responsibilities of the functional areas that the incumbent manages.

Essential Duties and Responsibilities: (List in order of time spent)

Strive to mitigate loss and maximize recoveries through proactive management of assigned problem account queue, performing all collection and recovery activities timely and accurately
Conduct extensive skip-tracing and work in conjunction with outside partners (repo and collections) n efforts to locate obligors, secure payment, and collateral
Assume responsibility for all out for repossession accounts until collected current or default cured.
Prepare and present account status reports to management upon request
Assist our Collections Team by issuing door knockers and field assignments prior to repo assignment
Assign accounts to our repo companies based on the best probability of recovery and reassign as necessary
Coordinate with Collections, Asset Management, and Legal to effectively utilize all resources to reach account resolution
Create complete and thorough documentation so that the file can be handed to asset management for remarketing purposes
Document all interaction with customers and outside agencies to ensure tracking and reporting accuracy
Make next-step recommendations to management team including litigation, abandonment, and charging off
Seek workout and repayment opportunities with obligors; working with customers to restructure, reschedule, rewrite, or extend payments.
Handle all invoice resolutions to make sure bills are paid in a timely fashion
Furnish proper customer facing written communications such as demand and notice of private sale.

Conduct routine audits of repossession efforts; routinely seek updates from partners
Address third-party repair liens or competing interests
Ensure compliance with laws and internal policies
Participate in continuous improvement initiatives for processes and policies
Handle any miscellaneous duties as assigned.

KPI’s (Key Performance Indicators):

Routine agent performance indicators include effort and effectiveness measures

Call center performance
Account touches
Account resolutions
Repossession activity reporting
Message and follow up activity
Quality Control and monitoring

Support & Guidance to Team Members

Availability for daily questions and approvals

Accuracy and completeness of case files.

Compliance with internal standards and external regulations

Complex Case Handling
Strategic decision-making in sensitive scenarios
Training & Development

Escalation management and workflow continuity

Responsibility and Decision-Making Authority:

Acts independently within company policy. Makes decisions on recovery strategies, team operations, and resource allocation

Management/Supervisory Responsibilities:

N/A

Qualifications:

Solid working knowledge of MS Excel and MS Word preferred

Bilingual in English & Spanish a plus

Competencies:

Strategic thinking and problem-solving
Strong interpersonal and negotiation skills
Risk assessment and decision-making
Excellent communication and organizational skills
Desire to work in a team environment
Forward thinking/adaptability – must be able and willing to adapt; strive for process improvement
Time management - the ability to organize and manage multiple priorities

Attention to detail

Education and Experience:

3 years collections experience (commercial preferred)
1-2 years of credit experience preferred but not required.
College Degree preferred but not required.

Licensing and Certification:

Tools and Equipment Used:

Personal computer, copier, phone, and other typical office equipment

Working Hours/Locations:

Hours may vary and may require some evening work; frequently requires working 40-45 hours/week depending on business needs.

Travel:

Occasional travel related to attendance at industry seminars

Physical Demands:

Digital dexterity and hand/eye coordination in operation of office equipment
Light lifting and carrying of supplies, files, etc.
Ability to speak to and hear customers and/or other employees via phone or in person.
Body motor skills sufficient to enable incumbent to move from one office location to another

The job description does not constitute an employment contract, implied or otherwise, other than an “at will” relationship and is subject to change by the employer as the needs of the employer and requirements of the job change.

The position is exempt and the salary will be between $57,200.00 and $63,400.00 with an opportunity to earn a discretionary annual bonus.

The salary range is determined and based on internal equity, market data/ranges, applicant's skills, prior relevant experience and education.

Additional benefits:

Medical, Dental, and vision plans
401(k) and matching
Paid Time Off
Company Paid Life Insurance
Employee Assistance Program
Training and Development Opportunities
Employee Discounts

Quick Apply

Refine Your Search

loss mitigation jobs in lake forest il

Debt & Asset Recovery Specialist

Sr. Debt & Asset Recovery Specialist

Construction Estimator / Insurance Restoration Estimator

Restoration Technician

Debt Recovery Specialist

Sr Sci, R&D - Packaging Dev

Senior Credit Risk Analyst

Senior Director, Corporate Global Security

Sr Target Security Specialist - Sortation Center - Elmhurst, IL

Senior Commercial Credit Underwriter

Mitigation Technician

AVP, Quality Assurance

Assistant Store Manager

Embedded Software Engineer

Principal Credit Risk Analyst

Clinical Risk Specialist RN

VP Supply Chain Optimization

MORTGAGE COLLECTIONS SPECIALIST

Director, IAD Division Accounting & MEUH Group Insurance

Director, Treasury & Cash Management

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