AVP, Equipment Finance Recovery Manager (Litigation)

Overview:

The Assistant Vice President of Equipment Finance Recovery - Litigation is responsible for the strategy, management and reporting of all Post Charge Off activities related to in-house recovery collections and litigation. This position sets/reviews criteria for which accounts are worked through by the in-house collections/recovery team and bankruptcy attorneys. Reports to the Vice President of Equipment Finance Recovery.

Responsibilities:

General Functions - Manage in-house collection activities, to include determining which accounts are best handled by the in-house team, creating criteria for those accounts to be worked with determination when other collection activities are needed for litigation.

Managerial Functions – Assesses daily work for accuracy, process improvements, and efficiencies. Maintains detailed documentation on associate performance and supervisory actions. Manages the performance of assigned staff, including coaching, mentorship, training, and staff evaluations. Maximizes department achievements by providing professional development.

Litigation management – Set guidelines for when outside attorneys are utilized. Determine most cost-effective means of placement (hourly, contingent, fee per usage, etc.). Regional vs National approach. Conduct regular meetings with litigation attorneys to review performance, strategies, and continuance of relationships. Including travel for litigation and mediation cases.

Qualifications:

Basic Qualifications:

• Bachelor’s Degree and 4 years of experience in Litigation and/or Recovery OR High School Diploma or GED and 8 years of experience Litigation and/or Recovery.
• Intermediate negotiating skills
• Intermediate management skills
• Advanced strategic decision management experience
• Advanced reporting analysis experience

Preferred Qualifications:

• Bachelor's degree
• Experience managing vendors (legal counsel)
• Advanced Microsoft Office skills