Loss Mitigation Analyst- job career in Canada

JobTitle:     Loss Mitigation Analyst
Career Level:     Experienced
Function:     Collections
Function Segment:     Loss Prevention
Location:     Canada
U.S. State, China or Canada Provinces:     Ontario
City:     Mississauga
Postal Code:     L5N 5P9
Relocation Assistance:     No
Deadline: Jul 30, 2013
Job Number:     1806300
Business:     GE Capital
Business Segment:     Capital - Americas
About Us:     GE (NYSE: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the company's website at www.ge.com.

At GE Capital Americas, we are imagination at work. 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 selfstarter 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.
 Role Summary/Purpose:    
Responsible for loss recovery efforts on assigned portfolio with minimal supervision, maximizing recoveries on written off accounts with outsourced collection agencies and outside legal counsel. Responsible for managing files in bankruptcy, Receivership and CCAA status, ensuring timely resolution of all matters and optimal recovery of losses.
 
Essential Responsibilities:    
Review assigned portfolio to ensure timely identification and resolution of accounts in Bankruptcy, Receivership, CCAA status.
File proof of claims with Trustees, ensuring proper release of security, maximizing recovery.
Analyze deficiencies on written off accounts, assigning accounts to outsourced collection agencies, negotiating and approving settlements.
Recommend and/or approve proposed terms for extensions/modifications of accounts, negotiating terms with customers, assessing the customer’s financial ability to maintain payments.
Process Transfers & Assumptions, analyzing legal relationships between business entities, assessing financial position and ability for companies to assume and maintain payments.
Identify areas of opportunity for automation and training to Collections Team, monitoring portfolio performance, identifying early warning triggers and trends.
 
Qualifications/Requirements:    
Bilingual (French & English)
Bachelor's Degree (or higher) and 5+ years of collection experience
Proficiency with Microsoft Office Suite: Word, Excel, Outlook, PowerPoint and Access
Excellent organization and computer skills
Strong written and verbal communication skills
Excellent negotiation skills
Conflict Resolution
Ability to work with limited direction
Additional Eligibility Qualifications:    

Job Segments: Claims, Corporate Finance, Real Estate, Bilingual, Loss Prevention, Insurance, Finance, Sales, Retail
How to apply: Visit;  website at www.ge.com