Senior Commercial Debt Collector

Southstar Capital LLCMount Pleasant, SC, US

26 days ago

Job type

Full-time

Job description

Job Description

Senior Commercial Debt Collector

SouthStar Capital, LLC

Locations : Dallas, TX / Charleston, SC

Employment Type : Full-Time

Position Summary

We are seeking an experienced and results-oriented Senior Commercial Debt Collector to join our team. This role is a senior-level individual contributor position responsible for driving the recovery of delinquent, high-value commercial accounts, including facilities secured by Asset-Based Lending (ABL) and Factoring structures. The position requires a professional who is assertive, persistent, and highly skilled in the enforcement of loan agreements, collateral recovery, and repayment negotiation. The successful candidate will play a critical role in safeguarding company assets, reducing credit losses, and maximizing recoveries through direct action and enforcement strategies.

Key Responsibilities

Manage a portfolio of delinquent commercial accounts, including those backed by ABL facilities, with a focus on high-value and complex recoveries.
Execute aggressive and persistent collection efforts, enforcing repayment obligations under loan agreements.
Escalate accounts to litigation, receivership, foreclosure, or collateral liquidation when voluntary repayment cannot be secured.
Review and analyze borrowing base certificates, collateral positions, covenant compliance, and financial performance to inform recovery strategies.
Negotiate directly with borrowers, guarantors, and senior-level client representatives to secure repayment plans, settlements, or turnover of assets.
Coordinate with internal stakeholders, including credit, risk management, and legal teams, to prepare accounts for enforcement actions.
Act as an internal subject matter expert on ABL collections and collateral enforcement, advising on recovery approaches and asset disposition strategies.
Maintain detailed documentation of all collection activities, enforcement steps, and recovery outcomes.
Prepare reports for senior leadership summarizing recovery progress, enforcement actions, collateral risks, and projected cash inflows.
Consistently meet or exceed assigned recovery targets and performance expectations.

Qualifications

Minimum of 7–10 years of progressive experience in commercial debt collection or loan recovery, with direct involvement in ABL and Factoring backed lending facilities.

Strong understanding of asset-based lending structures, borrowing base analysis, collateral monitoring, and UCC Article 9 enforcement.

Proven success in recovering high-value, complex, and disputed accounts through aggressive negotiation and enforcement.

Experience coordinating with legal counsel on litigation, receivership, or collateral liquidation strategies.

Assertive, persistent, and results-driven with excellent conflict resolution skills.

Strong written and verbal communication skills, including the ability to prepare precise enforcement documentation and executive-level reporting.

Ability to work independently in a fast-paced, high-pressure environment while managing multiple accounts simultaneously.

Bachelor’s degree in finance, business, accounting, or related field preferred; equivalent professional experience will be considered.

Proficiency in ERP / collections systems, legal documentation platforms, and financial analysis tools.

Work Environment & Compensation

Senior-level, full-time individual contributor position.

Competitive base salary with performance-based incentive compensation tied directly to recovery results.

Comprehensive benefits package including health, dental, vision, retirement plan, and paid time off.

Opportunity to work on high-profile recoveries and collateral enforcement actions that have a direct impact on company financial performance.

Location in Dallas or Mt. Pleasant, SC

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Collector • Mount Pleasant, SC, US