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We are looking for an experienced Credit/Collections Supervisor/Manager to lead recovery, servicing, and portfolio risk activities for a financial institution in Grand Blanc, Michigan. This role is responsible for guiding complex borrower resolution strategies, strengthening department performance, and ensuring compliant oversight across consumer, mortgage, student, and commercial accounts. The ideal candidate brings strong leadership experience in a banking or credit union environment and the ability to balance member service, risk mitigation, and operational effectiveness.
Job Responsibility
Develop and negotiate repayment solutions that reflect organizational goals while assessing borrower capacity, collateral position, overall exposure, and account complexity
Review and authorize loan workout arrangements, modified terms, and restructuring options across commercial, consumer, residential mortgage, and student lending portfolios
Direct day-to-day collection operations, including bankruptcy matters, foreclosure activity, repossessions, insurance-related claims, and recovery of charged-off assets
Collaborate with senior leadership to improve departmental processes, strengthen workflow efficiency, and enhance overall team productivity and service outcomes
Coach, train, and cross-train staff to build a versatile team while encouraging thoughtful promotion of additional financial products and services
Oversee institution-owned real estate and personal property assets by coordinating vendors, arranging upkeep, monitoring valuations, supporting marketing efforts, and leading sale discussions with appropriate signing authority
Establish performance expectations for the department, manage budget planning, and analyze variances to support sound financial and operational decisions
Maintain adherence to regulatory standards and investor requirements while supervising audits, third-party vendor performance, and member complaint resolution
Support commercial portfolio oversight through covenant monitoring, risk rating evaluation, and development of action plans for higher-risk or watch-listed relationships
Requirements
Bachelor's degree in Accounting, Finance, Business Administration, or a related field is required
At least 7 years of relevant experience in credit, collections, loan servicing, or portfolio management is required
Minimum of 3 years of leadership experience with responsibility for team oversight, coaching, and performance management
Prior experience within a banking or credit union environment is required
Demonstrated knowledge of commercial and consumer collections, residential mortgage servicing, and loan resolution strategies
Hands-on experience with bankruptcy, foreclosure, repossession, and asset recovery processes is required
Strong understanding of regulatory compliance expectations and the ability to work within established investor or institutional guidelines
Proven ability to assess risk, make sound credit-related decisions, and manage complex borrower situations with professionalism and accuracy