Consumer Loan Collector

1 week ago


St Louis, United States First Mid Bank & Trust Full time
Position: Consumer Loan Collector Location: St. Louis, MO
Job Id: 3774 # of Openings: 0 This position is available to work out of any First Mid location. Qualified candidates must live within the First Mid territory. Click here to confirm you are located within the First Mid territory. This position is responsible for the management of collections for retail, consumer loans. This role will apply collection efforts in a fair and ethical manner consistent with applicable regulation and law. Responsibilities include, but are not limited to:
  • Responsible for identifying and minimizing potential losses and maximizing recoveries of retail consumer loan portfolios, through execution of outreach to past due customers, establishing workout action plans as applicable, including proposing loan restructures, collection activities, evaluating bank collateral, documentation, and recommending alternative solutions of the delinquent and imminent default loans.
  • Daily review of delinquency, maturity and uninsured reports and follow up with borrowers and loan officers, as necessary.
  • Responsible for assigned monthly and quarterly reporting such as Delinquent Consumer Loan Reports, Bankruptcy Reports, and Problem Loan Reports, as applicable.
  • Provide workable alternatives to borrowers as appropriate and in accordance with bank guidelines where appropriate.
  • Work closely with the existing responsibility officers, and other credit professionals identifying and mitigating problem loans, reassigning loans into collections management when appropriate.
  • Assist with the development and implementation of collection management strategy and programs.
  • Maintain client contact records.
  • Monitor, review, and follow up with force-placed insurance coverage when appropriate.
  • Perform risk rating review and adjustments to consumer problem loans.
  • Recommend referral of loans into Special Assets for asset liquidation.
  • Attend and participate in committee meetings as assigned.
  • Participate and provide audit support.
  • Participate in the transition of consumer loans from M&A transactions.
  • Complete required training associated with job function.
  • Perform other related duties as assigned.
Qualifications Education/Experience:
  • Bachelor's degree or equivalent of 2+ years of experience with additional specialized training in lending and/or workout lending.
  • Knowledge of regulatory requirements for subject portfolios.
Skills:
  • Thorough knowledge of loan products and services.
  • High level of interpersonal skills to interact with customers and potential customers in a professional manner.
  • High level of analytical skills to conduct loan analysis and maintain loan's progress in consideration of market trends, credit/interest rates, economic conditions, and other factors.
  • Adequate knowledge of internal policies and procedures and the respective state and federal laws and regulations.
  • The individual must illustrate the ability to multitask and to prioritize issues that arise.
First Mid Bancshares, Inc. is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, protected veteran status, or any other applicable federal or state-protected classification. THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENT #LI-POST
Apply for this Position

  • St Louis, Missouri, United States First Mid Bank & Trust Full time

    Job SummaryWe are seeking a highly skilled Consumer Loan Collector to join our team at First Mid Bancshares, Inc. This role is responsible for managing collections for retail and consumer loans, applying collection efforts in a fair and ethical manner consistent with applicable regulations and laws.Key ResponsibilitiesIdentify and minimize potential losses...


  • St Louis, Missouri, United States Gateway Metro Credit Union Full time

    Job TypeFull-timePosition OverviewA dedicated Consumer Loan Specialist will play a crucial role in the facilitation of consumer lending processes. This position involves soliciting, cross-selling, negotiating, and managing the processing and finalization of various consumer loans, including but not limited to vehicle loans, personal lines of credit, and...


  • Saint Louis, United States OneMain Financial Full time

    At OneMain, Consumer Loan Sales Specialists empower customers listening to their needs and providing access to friendly, fast, and affordable financing for lifes expenses. Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career. In the Role Deliver results related to individual and branch...


  • St Louis, Missouri, United States Gateway Metro Credit Union Full time

    Job TypeFull-timePosition OverviewThe ideal Consumer Loan Specialist will engage in soliciting, cross-selling, negotiating, and coordinating the processing and closing of various consumer financing options, including vehicle loans, personal lines of credit, signature loans, and share/certificate/stock loans. This role requires the collection of necessary...


  • St Louis, Missouri, United States OneMain Financial Full time

    At OneMain Financial, our Financial Services Representatives play a vital role in empowering customers by listening to their needs and providing access to friendly, fast, and affordable financing for life's expenses. As a Financial Services Representative, you will learn the lending and servicing business at OneMain, allowing you to grow your career.Key...

  • Debt Collector

    3 months ago


    Saint Louis, United States 34259 - Blitt and Gaines PC Full time

    Job DescriptionJob DescriptionDescription:Job Title: CollectorJob Summary:This position is responsible for the reconciliation and collection activity for Blitt and Gaines P.C, accounts. This role will assess customer's needs and reconcile issues according to company, client, federal, state and local requirements and policies.This position requires a...


  • Saint Louis Park, United States OneMain Financial Full time

    At OneMain, Consumer Loan Sales Specialists empower customers – listening to their needs and providing access to friendly, fast, and affordable financing for life’s expenses. Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career.   In the Role Deliver results related to individual and...


  • Saint Louis Park, MN, United States OneMain Financial Full time

    At OneMain, Consumer Loan Sales Specialists empower customers – listening to their needs and providing access to friendly, fast, and affordable financing for life’s expenses. Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career.   In the Role Deliver results related to individual and...


  • Saint Louis, United States Ultimate Staffing Services Full time

    Job DescriptionJob DescriptionUltimate Staffing is partnering with an organization located in the West St. Louis County area to find multiple Collections Representatives. Ideal candidates will have experience with consumer or B2B collections. Must be able to work on-site. Job Title: Consumer Collections RepresentativeLocation: West St. Louis County- In...


  • St Louis, Missouri, United States Enterprise Bank and Trust Full time

    Company Overview:Enterprise Bank & Trust is dedicated to fostering entrepreneurship and community development. Our mission is to empower businesses, from local coffee shops to major construction firms, ensuring their success and the prosperity of the communities we serve.With a presence across multiple states, including Arizona, California, Florida, Kansas,...


  • St Louis, Missouri, United States Enterprise Bank and Trust Full time

    Job SummaryThis position is responsible for generating loan originations and cross-selling financial services and products to current and prospective customers. The ideal candidate will have a strong understanding of the mortgage business and sales environment, as well as excellent communication and interpersonal skills.Key ResponsibilitiesGenerate customer...


  • St Louis, United States Triad Bank Full time

    Triad Bank is a full-service financial institution established in 2005 with a mission to provide a wide range of commercial and personal banking services to closely held businesses, their owners and families. Our relationship-based approach gives our valued clients the comfort of knowing all of their banking needs will be satisfied by a locally owned...


  • St Louis, Missouri, United States Neighbors Credit Union Full time

    Job SummaryWe are seeking a highly motivated and results-driven Mortgage Loan Officer to join our team at Neighbors Credit Union. As a key member of our mortgage origination team, you will play a pivotal role in driving the production of 1st and 2nd mortgages. This sales-focused position demands creativity, tenacity, and a member-centric approach.Key...


  • St Louis, Missouri, United States Neighbors Credit Union Full time

    Job SummaryWe are seeking a highly motivated and results-driven Mortgage Loan Officer to join our team at Neighbors Credit Union. As a Mortgage Loan Officer, you will play a pivotal role in driving the production of 1st and 2nd mortgages, establishing and nurturing relationships with external contacts and community stakeholders to generate new mortgage...


  • St. Louis, United States SolomonEdwards Full time

    SolomonEdwards is looking for a Home Loan Specialist II for one of its mortgage clients to perform daily loan reviews to ensure the accuracy of loan findings. You will act as a key contributor to facilitate efficient and effective processes that support business and customer service objectives. The main responsibilities of this position are:Perform complex...


  • St Louis, United States Purpose Financial Full time

    Address: 3861 Lemay Ferry Rd., Saint Louis, Missouri, United States - 63125 Bi-Lingual Spanish is a plus!! Since 1997, Advance America has helped millions of hardworking people with a variety of personalized financial solutions. We are a nationally recognized, fully licensed financial services company with over 1,000 locations and online lending services. We...


  • St Louis, United States Together Credit Union Full time

    Job Summary The hybrid mortgage loan officer is responsible for examining, evaluating, and authorizing or recommending approval of member applications for residential real estate loans. This position is tasked with originating first mortgages, soliciting new mortgage business, maintaining good outside working relationships, and promoting the Credit Union's...


  • St Louis, Missouri, United States Neighbors Credit Union Full time

    Primary Function: As a Mortgage Loan Specialist at Neighbors Credit Union, you will be instrumental in facilitating the origination of first and second mortgages. This sales-oriented role requires innovation, persistence, and a focus on member satisfaction. You will be tasked with building and maintaining relationships with external partners and community...


  • St Joseph, United States Southern Bank Full time

    Job DetailsJob Location St Joseph North Belt - St Joseph, MO Position Type Full Time DescriptionPRIMARY PURPOSE OF JOB Manage commercial credit relationships in addition to some consumer mortgage and auto loans. Create and maintain close relationships with all parties involved in loan transactions while facilitating sales through the structuring of creative...

  • Loan Specialist

    2 weeks ago


    St Petersburg, United States ICONMA Full time

    Location: St. Petersburg, FL/Hybrid Duration: 4 months Description: Must have 3-5 years of experience processing HNW (High Net Worth - (USD)1MM+) loans Experience with Mortgage Cadence POS system background preferred Must be articulate and well spoken with strong customer service background Duties Obtains required loan documentation and may process less...