Sr. Collector - Onsite ($31/Hour)
Company: Wollborg Michelson Recruiting
Location: Sacramento
Posted on: June 25, 2022
Job Description:
Asset Recovery Specialist
- Onsite, Sacramento, CA
- Pay $30.00-$32.00/HourGENERAL DESCRIPTION:Collaborate with
third party collection agency vendors to optimize the recovery of
outstanding balances on non-performing asset accounts. Process and
monitor third party collection agency requests while ensuring
compliance with current regulations, and maintaining adherence to
industry's standard best practices as well as the Credit Union's
core values.TASKS, DUTIES, FUNCTIONS:1. Assign non-performing asset
accounts to third party collection agencies using established
criteria.2. Recall non-performing asset accounts from third party
collection agencies due to inactivity, litigation and bankruptcy.3.
Process suit authorizations, negotiation offers, verifications of
debt (VODs), complaints and disputes in a timely manner.4. Assist
with the postings of remittances from third party collection
agencies.5. Perform research for management and third party
collection agencies to assist in the response to complaints,
disputes and balance updates.6. Review for accuracy and submit
monthly invoices for payment processing.7. Address payment
discrepancies with third party collection agencies - send follow-up
requests to correct billing.8. Track and report to management the
third party collection agency results. Assist management with the
analyses - utilize industry knowledge and critical thinking to
provide recommendations to enhance third party collection agency
performance.9. Participate in monthly vendor compliance and
production meetings.10. Conduct periodic reviews of third party
collection agency processes and procedures to ensure consistency
with the industry's standard best practices, the Credit Union's
core values and regulatory compliance.11. Possess a high level of
knowledge of the Credit Union's products and services, and areas of
specialty in Member Care such as negative shares, repossessions,
suits, foreclosures, bankruptcies, reinstatement and redemption,
charged-off accounts, and expulsions.12. Maintain a thorough
understanding of state, federal laws and regulations related to
credit union compliance including bank secrecy and anti-money
laundering laws. Monitor the compliance of Credit Union policies
and Fair Debt Collection Act Practices.13. Ability to thoroughly
review and document accounts with appropriate notation.14. Develop
and maintain positive relations with Credit Union members,
departments, and branches discussing sensitive personal financial
circumstances in a tactful manner.15. Research and respond to
inquiries from members and other Credit Union departments and
branches on delinquent loans and account problems1. EDUCATION:
Successful completion of high school curriculum is required.2.
EXPERIENCE: Three or more years performing collection dutiesApply
today to join a growing and exciting organization!Wollborg
Michelson Recruiting does require all applicants to be able to
provide proof that they are fully vaccinated from COVID prior to
their start date, unless otherwise prohibited by law.Wollborg
Michelson Recruiting is an Equal Opportunity Employer and prohibits
discrimination of any kind. We ensure job offers are made based of
one's employment experience, skills, and qualifications, regardless
of race, gender, ethnic origin, or any other classification
protected by law. All applicants must furnish proper identification
to prove their legal right to work in the US upon a job offer. We
participate in E-Verify to confirm one's right to work in the US.
Wollborg Michelson Recruiting does not provide sponsorship for an
employment-based visa status.
Keywords: Wollborg Michelson Recruiting, Sacramento , Sr. Collector - Onsite ($31/Hour), Other , Sacramento, California
Didn't find what you're looking for? Search again!
Loading more jobs...