Collector III
- Employer
- CFE Federal Credit Union
- Location
- Lake Mary, Florida
- Salary
- Full time benefits effective first day of hire.
- Posted
- Nov 07, 2016
- Closes
- Dec 16, 2016
- Industry
- Banking
- Category
- Customer Service
- Contract Type
- Permanent
- Hours
- Full Time
- Career Level
- Experienced (Non-Manager)
Position is located in Lake Mary, FL
Summary of Responsibilities:
- Notifies or locates members on delinquent vehicle loans. Attempts to secure payment by appropriate means.
- Has knowledge of FDCPA and TCPA.
- Has experience and knowledge with automobile collections and repossession.
- Has knowledge of laws and regulations related to repossessions.
- Has knowledge of automobile insurance claims and GAP claims.
- Must be very detailed and possess excellent organizational and time management skills.
- Must have strong member service skills and have the ability to use information to effectively cure delinquency.
- Has experience with skip tracing without the use of a skip tracing program.
- Offsets funds from other CFE accounts to cover delinquencies.
- Confers with member by phone to determine status of accounts and review terms of repayment.
- Documents verbal and written correspondence with members regarding status of delinquent accounts.
- Attempts to assist delinquent members into an extension, payment arrangements, or modification agreement.
- Conducts diligent follow-up through queues and calendars to ensure appropriate follow-up on delinquent accounts.
- Escalates problem accounts to appropriate management as necessary.
- Performs other duties and responsibilities as assigned by management.
Requires 3-5 years of collections experience within a credit union or other financial institution. Experience with collection of automobile loans, along with strong multi-tasking and PC skills required. Bilingual language skills a plus. CFE Federal Credit Union is an Equal Opportunity Employer.