Default Solutions Recovery Specialist

Thank you for your interest in a career at Regions. At Regions we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results dedicated to quality strength and integrity and possess the drive to succeed then we are your employer of choice.

Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates consultants and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes sold or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions Retention Schedule for a minimum of three years. You may review modify or update your information by visiting and logging into the careers section of the system.

At Regions the Default Solutions Recovery Specialist supports recovery and default operations by applying operational procedures and regulatory requirements to manage accounts and recover funds in various stages of legal action. This role is responsible for conducting eligibility reviews coordinating with outside counsel and ensuring accurate documentation compliance and workflow management across the recovery processes.

Primary Responsibilities

• Performs eligibility reviews of charged-off and delinquent accounts to determine candidacy for legal placement as well as pre and postjudgment actions
• Coordinates with external law firms and internal partners to support account placement documentation requests case status updates and approved settlement activities
• Conducts research analysis and documentation review to validate account details ensure accuracy and maintain complete and compliant records within systems of record
• Manages account-level legal workflows including matter setup tracking of judgments and settlements and ongoing monitoring of account status and reporting outputs
• Ensures compliance with risk management programs rules and regulations and cybersecurity practices; identifies opportunities for and supports process improvements; applies disciplined change management practices

This position requires the tracking of time and is eligible for overtime hours worked in excess of 40 per week under the Fair Labor Standards Act.

Requirements

• High School Diploma or GED and six (6) years of collections banking account management or related experience

Skills and Competencies

• Ability to interpret and ensure compliance with applicable rules regulations and industry guidance
• Data entry and typing skills
• Proficient in Microsoft Office
• Strong time management skills
• Strong written and verbal communication skills

Proximity to Hoover AL required.

Position Type

Compensation Details

Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience skills knowledge contribution job location and most importantly performance in the job role. As these factors vary by individuals pay will also vary among individual associates within the same job.

The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.

Job Range Target:

Minimum:

Median:

Incentive Pay Plans:

Benefits Information

Regions offers a benefits package that is flexible comprehensive and recognizes that one size does not fit all for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes which is not intended to be a complete summary of plan terms and conditions.

• Paid Vacation/Sick Time

• 401K with Company Match

• Medical Dental and Vision Benefits

• Disability Benefits

• Health Savings Account

• Flexible Spending Account

• Life Insurance

• Parental Leave

• Employee Assistance Program

• Associate Volunteer Program

Please note benefits and plans may be changed amended or terminated with respect to all or any class of associate at any time. To learn more about Regions benefits please click or copy the link below to your browser.

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