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Collections - Specialist
Collections - SpecialistTential Solutions • Pensacola, FL, US
Collections - Specialist

Collections - Specialist

Tential Solutions • Pensacola, FL, US
13 hours ago
Job type
  • Full-time
Job description

Overview

Join to apply for the Collections – Specialist role at Tential Solutions

Job responsibilities and qualifications for this role are described below.

Job Qualifications

  • Superior knowledge of Consumer, Credit Card, and Overdrawn Account (particularly Savings & Checking) services, concepts, practices, and procedures
  • Extensive knowledge of Fair-Debt Collection Practices Act, Fair Credit Reporting Act, and related federal and state consumer protection laws
  • Subject matter expert with extensive collection experience in working with seriously overdue accounts and complex specialized accounts
  • Demonstrated understanding applying relevant data to a complex variety of existing guidelines, procedures, regulations, and practices
  • Demonstrated ability to negotiate payment arrangements on severely delinquent accounts
  • Ability to produce desired results and achieve objectives within required timeframes
  • PC experience to include proficiency in word processing and knowledge of various database software
  • Good analytical, problem solving, and decision-making skills
  • Strong interpersonal, verbal, and written communication skills

Job Responsibilities

  • To recover debt on savings and checking accounts that have been charged off. To review and determine reasons for non-payment and counsel and assist members and joint owners to address their financial obligations. 100+ Inbound calls / day.
  • Review and analyze information in various automated systems (e.g., Collection notes, joint owner information, demographic data, on-demand, e-client, UAD, CACS and CAS)
  • Determine reason for non-payment and work with debtor, co-signor, to establish an equitable repayment arrangement
  • Counsel and assist debtors and joint owners in handling their financial affairs to enable repayment
  • Negotiate repayment with appropriate parties
  • Correspond with debtors, joint owners, via letters and telephone
  • Provide information to correspondence branch for preparation of correspondence to debtors, joint owners, attorneys, etc.
  • Follow up with payment arrangements, broken promises, and On-Line Communications with members and other departments of the credit union
  • Update member alerts to indicate amount owed / paid in full for the charged off checking and savings accounts
  • Make changes and updates on the recoveries system (e.g., debtor addresses, account status changes)
  • Maintain a chronological record of information developed and action taken on the recovery system
  • Review payments posted to the account to ensure proper posting of payment from the debtors
  • Remain informed on developments and changes in federal and state regulations, and DoD directives (e.g., Regulation Z, the Uniform Commercial Code, and various state and federal truth-in-lending legislation)
  • Perform other duties as assigned or appropriate
  • Job Details

    Training – 3 weeks, 7am-3 : 30pm CST, M-F. Training is hybrid. 2 days / week on site, 3 days / week from home. After training – 9am-5 : 30pm CST, M-F. 2 days / week on site, 3 days / week from home.

    Pay Rate

    $19.00 / hour

    Employment and Function

  • Seniority level – Entry level
  • Employment type – Contract
  • Job function – Accounting / Auditing and Finance
  • Referrals increase your chances of interviewing at Tential Solutions.

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    Collection Specialist • Pensacola, FL, US

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