Credit Specialist

We are looking for a detail-oriented Credit Specialist to join our team in Apple Valley, Minnesota. In this long-term contract role, you will play a pivotal part in managing and resolving negative account balances while ensuring compliance with established credit policies. This position offers the opportunity to work in the financial services industry, leveraging your expertise to address backlog issues and maintain operational efficiency.

Responsibilities:

• Review and analyze accounts to identify negative balances caused by Courtesy Pay transactions.
• Calculate fees and losses associated with negative accounts and process charge-offs accordingly.
• Manage general ledger entries and ensure proper documentation and transfer of financial data.
• Close accounts with negative balances and notify customers through formal communication channels.
• Verify open credit cards and assess limits to determine necessary account closures.
• Maintain accurate records in spreadsheets and generate letters to inform customers of account status.
• Support the team in catching up on backlog caused by increased negative accounts.
• Ensure consistent adherence to company policies and procedures regarding credit management.
• Collaborate with team members to streamline processes and improve efficiency in handling accounts.
• Perform additional duties as assigned to support the credit management function.