Debt Recovery Specialist

4 weeks ago


Birmingham, Alabama, United States America's First Full time
Job Summary:

As a Collections Counselor at America's First, you will play a critical role in preserving the credit union's assets by effectively managing delinquent loan accounts. Your primary responsibility will be to contact delinquent/overdrawn accounts by phone and mail, taking appropriate action to correct the delinquency or negative balance. You will also analyze the financial condition of delinquent borrowers, making recommendations for extension agreements, payment modifications, and workout loans when applicable. Additionally, you will assist members and credit union employees with their telephone requests, answer questions about delinquent accounts, and refer problems beyond your authority to your supervisor. Your attention to detail and organizational skills will ensure that accurate and complete records are maintained and required reports are prepared on all collection activity. You will also inform management of trends in loan underwriting contributing to delinquent/charged-off loans. If you have a strong understanding of collection techniques and excellent communication skills, we encourage you to apply for this challenging and rewarding role.

Key Responsibilities:
  • Contact delinquent/overdrawn accounts by phone and mail to correct delinquency or negative balance.
  • Analyze financial condition of delinquent borrowers and make recommendations for extension agreements, payment modifications, and workout loans.
  • Assist members and credit union employees with telephone requests and answer questions about delinquent accounts.
  • Maintain accurate and complete records of all collection and recovery activity.
  • Inform management of trends in loan underwriting contributing to delinquent/charged-off loans.

Requirements:
  • One year to three years of similar or related experience.
  • A high school education or GED.
  • Excellent communication skills and versatility in collection techniques.
  • Good organizational skills and attention to detail.

Working at America's First:
At America's First, we value our employees and strive to create a positive and supportive work environment. We offer competitive compensation and benefits packages, as well as opportunities for professional growth and development. If you are a motivated and results-driven individual who is passionate about collections, we encourage you to apply for this exciting opportunity.

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