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AVP Loss Mitigation Manager

CR Fletcher is recruiting for an AVP, Loss Mitigation Manager for a financial services institution in the area. The Manager will lead a team in collecting past due payments for all consumer products including loans, mortgages, credit cards and lines of credit.Responsibilities include:Reviews delinquent accounts, prioritizes collection efforts, and assigns cases to Collections Specialists based on level of delinquency.Oversees and guides collection activities, including authorizing repossessions or legal actions and assisting with complex or high-risk cases.Maintains accurate records and reporting on collection activity while ensuring adherence to policies, procedures, and regulatory requirements.Evaluates repayment options and loan restructuring opportunities while collaborating with internal partners to protect collateral and minimize losses.Develops and recommends collection strategies and ensures policies and procedures are met.Qualifications:Minimum 4-6 years of collections experience, with at least 2 years of leadership experienceStrong knowledge of consumer loan regulation including collections and fair lendingHigh level of confidentiality and professionalismExcellent communication and leadership skillsBachelor's degree preferred

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