Default Recovery Officer

3 months ago


Toronto, Canada Vault Credit Corporation Full time

**Default Recovery Officer**

**Required Skills and Responsibilities**
- Prepare a Discharge Statement or Statement of Arrears for the legal team or Manager by reviewing funds received on the file and ensuring all costs up to date in the system.
- Order and/or co-ordinate occupancy inspections on properties.
- Verbal and written communications with Property Managers, Lawyers, and other stakeholders; provide documentation and accurate information as required.
- Keep files updated with detailed notes, invoices, documents, and deadlines according to the standard operating procedures of the company.
- Accurate, thorough, and timely completion of assigned duties, with specific attention to detail as it relates to data entry and numerical values.
- Work independently and within a team to ensure service levels met.
- Flexible and supportive of taking on other tasks as Management may request.
- Participate in assigned duties that support the management of the Legal portfolio, allowing individuals and the team to meet set out targets and objectives.
- Able to achieve exceptional results day to day, while maintaining high ethical standards and compliance with all policies and legislation.
- Strong written and oral communication skills are essential.
- Provide timely response to team members requests for assistance.
- Acts in accordance with the company’s core values, Code of Conduct and all internal policies and standards.
- Engages in the highest standard of business conduct and ethics.

**Requirements**:

- 2 years of collections and legal experience preferred.
- Mortgage experience an asset.
- Post-secondary degree or diploma in Administration, Business, Economics, Finance or equivalent work experience preferred.
- Knowledge of contract terms and other contract documentation an asset.



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