Litigation & Recovery Specialist

Location: Minnetonka, MN

Position Summary

Channel is looking for a dedicated and proactive Litigation & Recovery Specialist to help minimize losses and maximize recoveries on defaulted commercial accounts. This position is responsible for engaging with customers and partners to address payment requirements, as well as coordinating with legal teams and outside counsel as needed. The ideal candidate is highly self-motivated, detail-oriented, and capable of working independently to drive successful recovery outcomes. 

key responsibilities

  • Review and analyze financial and other relevant information related to recovery opportunities.
  • Review, analyze and provide recommendations on matters for litigation.
  • Research, investigate and compile information and documentation related to litigation matters.
  • Communication with parties or their representatives regarding settlement and repayment negotiations.
  • Communication and collaboration with internal and outside legal on litigation and bankruptcy matters.
  • Communication and collaboration with internal stakeholders on proper tracking and recording of recoveries.
  • Prepare and contribute to recovery reporting for assigned accounts.

Skills & Specifications

  • Excellent professional, verbal, and written communication skills
  • Proactive self-starter, excellent attention to detail, a heightened awareness to deadlines, and a demonstrated ability to manage numerous projects simultaneously to thrive in a fast-paced environment.
  • Proficiency in Excel

Who is Channel?

We are a leading provider of equipment finance and working capital funding solutions for small businesses, exclusively through Equipment Finance Companies. Utilizing customized technology and business processes, a strong balance sheet, and risk analytics, Channel provides single source financing that supports third-party originators and their customers who have business growth opportunities and a need for capital.

Since its founding in 2009, Channel has originated over 16,000 transactions funding over $1-billion and is one of a limited number of full-service, non-bank lenders successfully filling the gap in small business credit availability. Channel has five office locations in four states and has ranked among the 500/5000 fastest-growing private companies in the U.S. by Inc. magazine for 12 consecutive years.

Why should I apply?

Channel empowers and trains team members at all levels to make quick decisions in service to our relationships and ensure the flexibility and nimbleness required to compete in today’s marketplace. Channel is the perfect workplace for those who are motivated and have a desire to be part of a fast-growing, agile, and multi-faceted organization where you can make a difference every day.

The company offers a rewarding and flexible work environment and encourages innovation and team member development. Benefits include medical, dental, and vision plans, HSA and FSA options, 4 weeks PTO, an employer-match company 401K plan, life insurance, long-term disability insurance, and flexibility for work-life balance.

The Legalities

CPCI is an equal opportunity employer. We consider all qualified applicants without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, genetic information, national origin, disability, veteran status, marital status, family status or any other basis prohibited by law. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

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don’t see the role you’re looking for?

We’re always looking for talented individuals to join the Channel team and we’d love to hear from you! Contact us to start the conversation about where you might fit on our team.