Non-Real Estate Acquisition Officer

Job Description

The Non-Real Estate Acquisition Officer is responsible for coordinating the acquisition and disposition of all titled assets and other real estate owned (OREO). The Non-Real Estate Acquisition Officer is also responsible for monitoring related documentation and compliance issues and recommending appropriate action while also making recommendations and improving procedures.

Essential Functions

• Ensure compliance with corporate policy, federal and state regulations, associated vendor’s policies, and total document and data integrity

• Proficient in Signature, Repossession, and Collections Software

• Maximize technology tools available

• Coordinate applicable documentation

• Develop improvements to procedures and use of Nautilus

• Prepare and analyze reports

• Partner with legal and law enforcement agencies and with dealers, vendors, and auctioneers

• Investigate and negotiate agreements

• Analyze and resolve related issues

• Coordinate repairs and maintenance

• Oversee skip tracing activities

• Coordinate repossession and disposition of assets

• Provide documentation and correspondence to dealers for refunds

• Transfer titles after repossession

• Attend auctions and approve sales

• Coordinate customer payments and claims

• Process forced place insurance claims

• Analyze and calculate value of vehicles for sale

• Request charge offs

• Coordinate with collectors, bankruptcy, and office managers

• provide for effective recovery on losses

• Minimize departmental non-payroll costs

• Implement a cost-effective approach

• Analyze / investigate to resolve questionable payments or charges

• Meet delinquency expectations

• Minimize loss on asset disposition

• Implement timely / cost-controlled disposition of assets

• Manage personal workload

• Coordinate efforts with commercial collections (Loss Mitigation)

• Ensure compliance with Northwest’s policies and procedures, and Federal/State regulations

• Navigate Microsoft Office Software, computer applications, and software specific to the department to maximize technology tools and gain efficiency

• Work as part of a team

• Work with on-site equipment

Education + Experience preferred

• High school diploma or equivalent

• 3-5 years of collection experience

• 3-5 years of customer service experience

• Demonstrated skills in problem solving

• Ability to analyze financial data

Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.