Director, Loss MitigationVeritiv Corporation - Atlanta, GA
Veritiv has an expansive North American network with more than 180 locations, and we do business with
more than half of the Fortune 500. We're a big company, but we’re also a new company, shaping our
systems and processes to support a successful and sustainable future. We don't just encourage an
entrepreneurial spirit, we embody it.
Are you looking to join a company where you feel empowered in your work and your job is not just a job,
but a path toward a rewarding and successful career? Do you want to be part of a company that
customers and suppliers not only want to do business with but need to do business with?
If you answered yes, then Veritiv might be the place for you. We encourage you to learn about and apply
to Veritiv if you seek a unique work experience, where diverse ideas are met with enthusiasm, and where
you can realize your full potential.
Job Summary and Scope:
The purpose of this position is analyze the pipeline of potential customer failures and actions to reduce exposure and to ensure maximum recovery on distressed and/or bankrupt customers. The position will direct the Bankruptcy SWAT team and process and ensure SWAT team members are mobilized quickly to ensure rapid response to filings and understanding exposures. The role will also be responsible for tracking all open bankruptcy cases and report on status, recovery, and actions needed. The role will supervise two or more reporting analyst.
Ability to shape Veritiv’s success by exhibiting the core competencies and living the Veritiv Values.
Direct SWAT team, ensure rapid response to bankruptcy notifications and adherence to Veritiv bankruptcy protocol
Direct the work of Reporting Analysts.
Manages and assign workflow activities
Monitors and ensures quality of bankruptcy activity and progress through entire bankruptcy lifecycle
Analyze pipeline of potential customer failures and actions to reduce exposure
Partnering with and advising management team to identify problems and improve bankruptcy process
Communicating company policy, procedures, and practices related to handling of accounts in bankruptcy
Direct and advise senior level staff during bankruptcy events
Make decisions on workout plans and as member of Unsecured Creditor’s Committee
Report on open bankruptcy cases and recoveries
Actively participates in the implementation and development of strategies for the distressed portfolio.
Contributes to, and operationalizes the business strategy by developing actionable plans or programs that align to the business strategy and ensure integration of related functions.
Ensure process and procedures are adequate to meet quality standards and are consistently applied and regularly reviewed
Ensure timely submission of monthly management reports.
Monitor metrics and work pipeline in order to maximize productivity, efficiency, compliance, and service levels, and minimize detrimental losses
Deliver presentations for senior leadership, reports, analysis, and recommendations to business teams regarding challenging customers, industry and customer strengths and weaknesses, and increased collaboration.
Qualifications / Knowledge & Experience:
Bachelors Degree required, MBA preferred
10 Years of related experience
5 Years Supervisor experience
Excellent verbal and written communication skills
Experience delivering presentations and data to senior executives
Expert-level knowledge of bankruptcies and developing work down plans for distressed accounts
Must be self starter, action oriented, and results driven
Ability to organize activities across multiple departments for rapid response
Strong analytical abilities and attention to detail
Proficiency in both Mainframe and PC applications, including Microsoft Outlook, Excel, Word, and other applications as required. MS Access is a plus but not required
Ability to multi-task and prioritize workload
Ability to travel for customer or creditor committee meetings
Working Conditions/Physical Requirement
General office environment with not physical requirements
Decisions are made within established team guidelines and accounting system profiles
Veritiv is an Equal Opportunity/Affirmative Action employer. Individuals seeking employment are considered without regards to race, ethnicity, color, creed, religion, sex, sexual orientation, marital status, age, disability, gender identity or expression, genetic information, national origin, protected veteran status or any other classification protected by law. Additionally, Veritiv will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with Veritiv’s legal duty to furnish information. If you would like more information about your EEO rights as an applicant, please click here: http://www.eeoc.gov/employers/upload/poster_screen_reader_optimized.pdf
22 days 8 hours ago
applyDirector, Loss Mitigation Veritiv Corporation - Atlanta, GA, United States
Veritiv is a North American leader in business-to-business distribution solutions. Helping shape your business success drives everything we do. Our name is based on this commitment and on the core strengths of our business. Derived from verity, it says we’re true to our word, our beliefs, and your needs. The words connective and active in our name signify that we collaborate with you to create solutions that work hard for your business. In today’s rapidly evolving marketplace, you need an edge. You want to increase efficiency, productivity, predictability and sustainability while cutting costs. Our packaging, print, facility, publishing and print management solutions span the entire lifecycle of business operations so you can achieve these goals. And with our industry-leading expertise, proprietary tools and creative ideas, you’ll get the help you need to stay ahead.
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