We are seeking a self-driven, detail-oriented Collections Manager with strong experience in loan processing to lead our collections department. Protect the credit union's loan portfolio, and minimize losses through effective collection and recovery strategies. This role will be responsible for managing the collections department, overseeing delinquent accounts, and ensuring compliance with all credit union policies. The ideal candidate has a background in financial services, a deep understanding of loan processing. Must be able to operate basic office machines such as: fax, copier, computer, adding machine and phone. Maintain a clean, neat, pleasant work environment by maintaining a professional look. Team player with a positive outlook and behavior towards members and co-workers. If you thrive in a fast-paced environment and possess strong leadership skills, organization and communication skills, this is your opportunity to make a significant impact to our team.
Key Responsibilities:
Lead and manage the collections department. Monitor and manage delinquent loan accounts, negative accounts and Credit Card accounts ensuring timely and effective recovery efforts. Implement strategies to reduce delinquency and increase recoveries. Handle escalated collection matters and negotiate complex repayment plans or settlements. Manage collections accounts by analyzing account histories, reconciling discrepancies, and implementing effective collection strategies. Communicate with members via phone, email, or skip tracing techniques to negotiate debt repayment plans and resolve account issues professionally. Handle confidential information with integrity and maintain accurate documentation of all client interactions and account statuses. Excellent leadership, communication, and conflict resolution skills. Strong knowledge of consumer loan processing and documentation.
Benefits:
Competitive salary Health and Dental Insurance 401(k) with company match Paid time off and holidays
Pay:
$19.00 - $22.00 per hour Expected hours: 40.0 per week
Benefits:
401(k) Dental insurance Health insurance Life insurance Paid sick time Paid time off