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1732656Business GE CapitalBusiness Segment Capital - AmericasAbout Us At GE Capital Americas, we''re redefining what''s possible. Whether it''s providing financing to purchase, lease and distribute equipment, or supplying our clients with the capital needed for their real estate and corporate acquisitions, refinancing and restructurings, the GE Capital Americas teams are dedicated to turning imaginative ideas into leading financial products and services that support the success of businesses worldwide. GE Capital Americas is the top leasing company in North America and a leader in U.S. corporate finance. Here you''ll work with the most talented people in the industry, employing world-class processes to execute projects with real impact. If you''re an enthusiastic self-starter and a driven, creative, flexible problem-solver, then join GE in creating the next generation of financial products that will keep the world of business moving forward for generations to come.Posted Position Title Bilingual Litigation SpecialistCareer Level ExperiencedFunction CollectionsFunction Segment Loss PreventionLocation(s) Where Opening Is Available United StatesU.S. State, China or Canada Provinces IowaCity Cedar RapidsPostal Code 52404-8247Relocation Expenses NoRole Summary/Purpose GE is an equal opportunity employer, offering a great work environment, challenging career opportunities, professional training and competitive compensation.Responsible for providing loan collection support to the lending staff on delinquent leases and/or loans. Handles loan histories, file updates and correspondence with customers. Accountable for all collections of litigation write offs. Preparation of documentation, and coordinating and reviewing monthly delinquency reports.Essential Responsibilities * Collects assigned portfolio of charges off accounts, primarily using extensive phone and letter communications with account debtors.* Reviews new collection assignments and works as a key liaison with personnel to transfer accounts into Loss Recovery.* Negotiate repayment plans or lump sum settlements with responsible parties to resolve assigned collection balances, where applicable.* Conduct detailed asset searches to identify collection potential using websites, external search tools and direct phone contact with local government agencies.* Performs cost/benefit analyses on assigned accounts and makes recommendations for possible legal involvement for collection pursuit.Qualifications/Requirements Basic Qualifications:* High School Diploma or GED with a minimum of 2 years' related litigation, workout and recovery, collections or customer service experience or eqivalent military experience.* Must be fluten in both written and oral communication in both English and Spanish.* Experience with Microsoft Suite including: Word, Excel, PowerPoint and Outlook or comparable software application.Eligibility Qualifications:* Must submit your application for employment through gecareers.com to be considered (Internals via COS)* Must be able to satisfy the requirements of Section 19 of the Federal Deposit Insurance Act.* Must be willing to comply with pre-employment screening, including but not limited to drug testing, reference verification, and background check.* Must be willing to work out of an office in Cedar Rapids, IA* Must be willing to travel up to 5% of the timeFor U.S. employment opportunities, GE hires U.S. citizens, permanent residents, asylees, refugees, and temporary residents. Temporary residence does not include those with non-immigrant work authorization (F, J, H or L visas), such as students in practical training status. Exceptions to these requirements will be determined based on shortage of qualified candidates with a particular skill. GE will require proof of work authorization.Additional Eligibility Qualifications GE will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a background investigation and drug screen.Desired Characteristics * Bachelors Degree desirable.* 2+ years of previous collections experience in leasing, financial services, or call center environment.* Previous work in a leasing, financial services, or call center environment.* Attention to detail; accurate and well organized.* Strong problem solving and mathematical skills.* Ability to handle multiple tasks simultaneously and continually meet deadlines.* Strong communication skills, both written and verbal.Section 19 Job YOU MUST BE ABLE TO SATISFY THE REQUIREMENTS OF SECTION 19 OF THE FEDERAL DEPOSIT INSURANCE ACT.
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