Job Details

Director Loss Mitigation

Company name
Veritiv Corporation

Location
Atlanta, GA

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Profile

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.

Position Description

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.

Job Responsibilities

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

Budget/P&L responsibilities

None

Decision Rights

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

http://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf

Company info

Veritiv Corporation
Website : http://www.veritivcorp.com

Company Profile
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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