Specialist, Litigation & Recovery - General Electric (Fort Worth, Texas)

City: Fort Worth
State: Texas
Country: USA

Company Name: General Electric
Job Category: Accounting/Finance

Business
GE Capital

Business Segment
Capital - Americas

About Us
Xerox Capital Services, LLC (XCS) -- a joint venture company owned 81% by General Electric Company and 19% by Xerox Corporation -- manages Xerox Corporation's customer administration and leasing for the United States. Primary functions include financing, risk analysis, credit approval, and order processing, billing and collections. Our focus is to: delight Xerox customers; have absolute compliance and integrity in all our relationships and activities; improve administrative operations and drive cash for Xerox utilizing Six Sigma quality, technology and operational excellence; and be a great place for great people to do great work. XCS is a proud member of the GE Capital Americas family of businesses. XCS offers GE Core benefits, including health, dental and holiday pay from day one; vacation accrued after 6 months. With employees at major locations in Rochester NY, Dallas, Lewisville, Texas and Rosemont, Illinois, we are looking for energized and talented people to join our team! Consideration will be given to eligible GE & XCS employees who submit an EMS and cover letter online through the Career Opportunity System (COS) that includes: -the Job Tracking # -the Job Title of the position you are applying for -your phone number -your current Managers name-your HR Managers name

Role Summary/Purpose
Provide analytical and underwriting support and proactively manage a small number of distressed transactions. Handle loan histories, file updates and correspondence with customers. Accountable for mitigating losses in the General Markets portfolio.

Essential Responsibilities
Perform analysis and due diligence to identify risks associated with modification of credit terms and determine appropriate mitigations, structure, and pricing. Provide financial models to include assessing risk and setting financial covenants. Manage a portfolio of accounts to track performance and compliance with modified documentation. Provide timely and clear reporting and communication of resolution results. Perform extensive analysis and due diligence to identify risks associated with modification of credit terms and determine appropriate mitigates, structure, and pricing. Accountable for collection of high-risk and late stage accounts receivables. Develop and implement customer-specific programs and solutions to mitigate write-offs. Track and communicate resolution results.

Qualifications/Requirements
Basic Requirements: Bachelor's Degree with 4+ years experience in a finance, banking, or risk environment. Two years of financial services, collections, risk or underwriting experience. 3+ years of collections experience to include two years of supervisory. Strong communication skills and ability to work with business customers. Strong investigative, customer service and problem solving abilities. Proficient in Microsoft Suite including Word, Powerpoint, and Excel. You must be willing to take a drug test. You must be willing to submit to a background investigation including verification of employment, criminal history, and educational background. You must be legally authorized to work in the United States. You must be willing to work out of an office in Lewisville, TX.

Additional Eligibility Qualifications
GE will only employ those who are legally authorized to work. Any offer of employment is conditioned upon the successful completion of a background investigation and drug screen.

Desired Characteristics
Commercial collections experience in secured lending environment Familiarity with reviewing company financial statements Ability to analyze data. 5+ years of default service Proactive resolution of issues Good organizational skills Must be customer focused Excellent negotiation skills