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Business Banking Legal Liaison Specialist The candidate will be responsible for managing an assigned portfolio of business banking, non-performing assets through legal litigation and strategy with outside counsel. Handles legal recovery strategy on business banking accounts which can include actions for money judgment, foreclosure, bankruptcy, and repossession. Independently organizes and maintains legal account portfolio. Works with management on complex legal strategies. Communicates strategy and next steps with outside legal counsel. Responsible for facilitating legal collection on post-judgment accounts. Investigate and conduct skip tracing as required by utilizing the numerous resources available. Researches history and viability of accounts through bank systems, skip tracing, document review and internet sources. Assesses the prospect of repayment or other payment solutions. Presents settlement offers and legal research to management. Manages attorney firms including invoice approval and TyMetrix budgeting. Approves and denies invoices based on work rendered and billed. Assesses outside counsel on bankâ€™s expectations and standards. Reviews accounts for settlement options and manages repayment arrangements. Mitigates asset loss by employing advanced strategies and risk assessment. Keeps abreast of business and market trends that may affect department. Must have Associateâ€™s degree or 4+ years of relevant work experience. Bachelor's Degree and Paralegal Certification is preferred. Should have 2+ years of collections and/or loss mitigation experience. Must have 1-2 years of post charge off collections, repossession, remarketing, REO, foreclosure, loss mitigation, default legal or bankruptcy experience. Strong ability in Microsoft Office including Outlook, Word, and Excel is needed. General knowledge of skip tracing and research is must. Strong written and verbal communication skills is essential. 3+ years' collections experience and two years' post charge off collections, repossession, remarketing, REO, foreclosure, loss mitigation, default legal or bankruptcy is preferred. Strong knowledge of banking loans is helpful. Accounting or finance experience is a plus. Notary Public is an asset.
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