Overview
To control/collect on past due late stage mortgage and equity accounts (31 + days) in delinquency, in accordance with all government, investor, VA/FHA, and Navy Federal rules and regulations. Provide member financial counseling and mitigate loss for Navy Federal. Serve as mentor/trainer and provide guidance and assistance to team members. Work under minimal supervision. Conduct complex/difficult tasks of considerable latitude.
Responsibilities
- Control past due mortgage and equity delinquencies by regularly reviewing member account data, contacting member, and reviewing or documenting the financial situation, to ensure data is accurate, up-to-date and in compliance with government and Navy Federal guidelines
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Ensure required notifications, including collection emails, letters and any applicable state/regulatory letters are sent to members
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Maintain systematic, consistent and reliable notes and contact history information on each member interaction and actions taken on accounts
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Record, track and report member concerns to management
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Notate member arrangements in Collection system, reason(s) for delinquency, and any foreclosure alternatives offered to member
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Track and update action items in database(s)
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Collect, prepare and maintain data for analysis, reports and reference
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Perform manager share transfers (MST) for amounts up to authorized limits
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Obtain detailed financial information from delinquent members and offer solutions and alternatives to bankruptcy/charge-off
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Contact and counsel delinquent members in an attempt to cure delinquency utilizing all payment options and loss mitigation tools offered by Navy Federal
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Analyze, research and resolve problems and discrepancies related to member accounts/loans
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Ensure required notifications, including breach and collection letters, and any applicable state/regulatory/investor letters are sent to members
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Initiate and ensure corrective action to member accounts and/or documentation to ensure complete and accurate documentation
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Respond to inquiries; offer solutions to members, other business units and external organizations
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Communicate external loss mitigation options, including, but not limited to: Making Home Affordable Program such as HARP
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Offer short term property retention solutions including repayment plans, promises-to-pay, forbearance, modifications and deferral programs
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Explain and communicate relinquishing property options such as short sales, deeds-in-lieu, and foreclosure
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Serve as mentor/trainer and provide guidance and assistance to team members
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Research, gather and synthesize data; present conclusions and recommendations to management and/or team members
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Perform other related duties as assigned
Qualifications
- Significant experience in performing clerical or administrative duties/responsibilities
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Significant experience in member/customer service preferably in a call center, retail banking or financial institution
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Advanced knowledge of state and federal laws affecting the collection of delinquent mortgage and equity loans; real estate, bankruptcy and foreclosure
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Significant experience in resolving complex mortgage collection issues and inquiries
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Expert knowledge of NFCU, Fannie Mae, VA and Freddie Mac and MI guidelines to determine eligibility for mortgage collection
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Expert knowledge of Fair Debt collection Practices Act, Fair Credit Reporting Act and related federal and state consumer protection rules and regulations
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Advanced knowledge of accounting, credit, and/or lending principles and techniques
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Experience in leading, guiding and mentoring others
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Experience in work which displays increasing levels of responsibility and/or authority
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Significant experience in working with complex specialized accounts/default data as it relates to collections/bankruptcy regulations and practices
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Ability to work independently and in a team environment
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Advanced clerical, technical or administrative skills
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Advanced skill following, interpreting and applying relevant data/instructions to guidelines, procedures, practices and regulations
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Advanced research, analytical, and problem solving skills
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Advanced verbal and written communication skills
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Advanced database and presentation software skills
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Advanced skill exercising initiative and using good judgment to make sound decisions
Desired Qualifications
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Working knowledge of Navy Federal mortgage products, services, programs, policies and procedures
Additional Information
Hours:
- Monday - Friday, 12:30PM - 9:00PM EST
Location:
- 820 Follin Lane, Vienna, VA 22180
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5510 Heritage Oaks Drive, Pensacola, FL 32526
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141 Security Drive, Winchester, VA 22602
About Us
Navy Federal provides much more than a job. We provide a meaningful career experience, including a culture that is energized, engaged and committed; and fierce appreciation for our teams, who are rewarded with highly competitive pay and generous benefits and perks.
Our approach to careers is simple yet powerful: Make our mission your passion.
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From Fortune Magazine. © 2026 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune 100 Best Companies to Work For are registered trademarks of Fortune Media IP Limited and are used under license. Fortune Magazine, Fortune Media (USA) Corporation, and its affiliates are not affiliated with, and do not endorse products or services of, Navy Federal Credit Union.
Equal Employment Opportunity: All qualified applicants will receive consideration for employment without regard to age, race, sex, color, religion, national origin, disability, veteran status, pregnancy, sexual orientation, genetic information, gender identity or any other basis protected by applicable law.
Accommodations: If you need accommodation or assistance for a qualifying condition to complete the online application (or during any stage of the hiring process), you can contact Navy Federal's Medical Accommodations team at
[email protected] or by calling 1-888-503-6013. This team cannot provide any information on job postings or application status.
Disclaimers: Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position. Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team’s discretion based on qualified applicant volume. Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market position. For additional details regarding compensation and benefits, review the Benefits page of the Navy Federal Career Site.
Protect Yourself from Job Scams: Navy Federal Credit Union jobs are posted on our career site, jobs.navyfederal.org and reputable job boards (e.g., LinkedIn, Indeed). We do not post jobs on social media marketplaces, messaging apps or unverified websites. We will never ask candidates for payment, bank details or personal financial information during the hiring process.
Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.
