Loan Collections Specialist

3 weeks ago


Glen Cove, New York, United States First Central Savings Bank Full time
Job Overview

The First Central Savings Bank is seeking a highly skilled and experienced Loan Collections Administrator to join its team. This role is responsible for maintaining collections, assisting in portfolio management, and ensuring compliance with bank-approved terms and conditions.

Key Responsibilities
  • Maintain collection efforts to control delinquency levels on commercial and residential loans, accrual, and non-accrual loans.
  • Work directly with FVP-CRM on managing delinquency, bankruptcy, serious collection, foreclosure, and REO matters.
  • Issue various bank correspondence to delinquent borrowers and guarantors as necessary; collection letters, right to cure letters for delinquent and matured loans.
  • Perform site visits/inspections as identified and directed by FVP, CRM or VP, PM.
Requirements
  • Familiarity with Mandarin language (spoken and written) is required.
  • Ability to work effectively with vendors to secure REO properties and other bank assets.
  • Excellent communication and organizational skills are essential.
Salary and Benefits

The estimated salary range for this position is $60,000 - $80,000 per year, depending on experience. Additionally, the bank offers a comprehensive benefits package, including health insurance, retirement plan, and paid time off.



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