CIT Group Inc.

Legal Recovery Specialist

Location US-NH-Portsmouth
Job ID
33519
# Positions
1
Job Family
Asset Management - End-of-Lease
Type
Full-Time

Overview

CIT is a leading national bank focused on empowering businesses and personal savers with the financial agility to navigate their goals. CIT Group Inc. (NYSE: CIT) is a financial holding company with over a century of experience and operates a principal bank subsidiary, CIT Bank, N.A. (Member FDIC, Equal Housing Lender). The company's commercial banking segment includes commercial financing, community association banking, middle market banking, equipment and vendor financing, factoring, railcar financing, treasury and payments services, and capital markets and asset management. CIT's consumer banking segment includes a national direct bank and regional branch network. Discover more at cit.com/about.

 

Managing legal matters with attorneys across the country to obtain recoveries on written off contracts. Managing those relationships, updating the proper systems and keeping those efforts as cost effective as possible. Negotiating payment plans and settlements on written off contracts.

Responsibilities

  • Assigns legal matters to counsel to perform necessary legal work in order to achieve desired result (judgment, Replevin, pre-judgment writ, lift of stay, etc.)
  • Negotiates compensation terms with counsel that are mutually beneficial yet cost effective for the company
  • Ensures all matters are being worked timely and as directed by management
  • Skip traces debtors so we can serve them
  • Locates assets so we can collect on judgment or improve our negotiating position.
  • Enters service order, keeps track of fees and updates the system as progress is made.
  • Contacts customers to negotiate payments and/or settlements on past due accounts.

Qualifications

  • Knowledge of Word and Excel
  • Problem solving and analytical skills required
  • Strong understanding of internet and various data resource services
  • Ability to multitask essential
  • Able to manage confrontation
  • Persistence
  • Strong communicator written and verbal
  • Relationship building

Options

Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
Share on your newsfeed