Consumer Loan Collection Manager jobs in Passaic, NJ

Consumer Loan Collection Manager manages a group of collection supervisors and develops collection strategies to minimize collection portfolio loss. Responsible for initial and ongoing training of all subordinate personnel. Being a Consumer Loan Collection Manager requires a bachelor's degree. Typically reports to a top management. The Consumer Loan Collection Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be a Consumer Loan Collection Manager typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)

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Consumer Loan Processor
  • Polish & Slavic Federal Credit Union
  • Fairfield, NJ FULL_TIME
  • Polish & Slavic Federal Credit Union is committed to supporting our employees’ overall wellbeing by providing valuable benefits. The credit union proudly offers a competitive benefits package, that includes: Medical, Vision and Dental Insurance, Retirement Plans, Life Insurance Plans, Tuition Reimbursement and Pet Insurance, among other benefits. We also have a generous Paid Time Off policy including Vacation, Personal and Sick Time, as well as a Birthday Day off.


    Core Responsibilities:

    1. Review assigned consumer loan application, originated by Branch, Call Center or submitted
    Online to verify application data.
    2. Obtain proof of income when necessary.
    3. Review credit report for any perceived irregularities and/or reported information if deemed
    necessary advice the member and request explanation or proof of paid debts.
    4. Review documents received and inform underwriter of any information which would have a
    bearing on approval and/or timely funding of the loan.
    5. Upload all additional documents provided by the member into processing system.
    6. Provide notice of any exceptions.
    7. Schedule funding and inform applicant about documents required for disbursement.
    8. Perform booking and loan documents arrangement.
    9. Provide assistance to co-workers with difficult files or inquiries.
    10. Ensure prompt and courteous response to customer inquiries.
    11. Prepare various reports based on Manager’s request to effectively monitor activities, identify
    issues and trends.
    12. Process Branch requests (FIS record update).
    13. Keep abreast with all PSFCU lending Policies and Procedures
    14. Improve work performance through self education
    15. Any other duties or responsibilities, as required or assigned

    AN EQUAL OPPORTUNITY EMPLOYER

    Education

    Required
    • High School or better
  • 1 Month Ago

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Consumer Loan Processor
  • PSFCU
  • Fairfield, NJ FULL_TIME
  • Polish & Slavic Federal Credit Union is committed to supporting our employees’ overall wellbeing by providing valuable benefits. The credit union proudly offers a competitive benefits package, that in...
  • 1 Month Ago

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Consumer Lending Manager
  • PSFCU
  • Fairfield, NJ FULL_TIME
  • Polish & Slavic Federal Credit Union is committed to supporting our employees’ overall wellbeing by providing valuable benefits. The credit union proudly offers a competitive benefits package, that in...
  • 19 Days Ago

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Consumer Lending Manager
  • Polish & Slavic Federal Credit Union
  • Fairfield, NJ FULL_TIME
  • Polish & Slavic Federal Credit Union is committed to supporting our employees’ overall wellbeing by providing valuable benefits. The credit union proudly offers a competitive benefits package, that in...
  • 19 Days Ago

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Manager - Consumer Market Insights
  • Midea
  • Hills, NJ FULL_TIME
  • Midea Group is one of the world’s largest home appliance brands, offering the most comprehensive selection of products in the world to fully serve the needs of day-to-day living at home, at work, or a...
  • 1 Month Ago

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Garage Clothing - Store Manager - Willowbrook Mall - Wayne, NJ
  • Garage Clothing - Store Manager - Willowbrook Mall...
  • Wayne, NJ FULL_TIME
  • Seize the opportunity to join a global fashion retailer with two brands at the heart of its success, Garage and Dynamite, selected as one of Montreal's Top Employers 2020 and as one of Canada’s Top em...
  • 15 Days Ago

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0 Consumer Loan Collection Manager jobs found in Passaic, NJ area

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Marketing Communications Intern
  • Pembrooke & Ives, Inc
  • New York, NY
  • Pembrooke and Ives is seeking a Marketing Communications Intern to support content creation, content management, and mar...
  • 4/19/2024 12:00:00 AM

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Operations Administrator
  • Construction Realty Safety Group (CR Safety)
  • New York, NY
  • Position Overview: The Operations Manager is responsible for overseeing and optimizing various operational activities wi...
  • 4/19/2024 12:00:00 AM

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Collections Manager
  • Marcolin
  • Neshanic Station, NJ
  • The Credit & Collections Manager is responsible for the strategic management and the day-to-day operations of the Credit...
  • 4/18/2024 12:00:00 AM

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Billing and Collections Manager
  • Kennedys
  • Basking Ridge, NJ
  • Kennedys is seeking a Billing and Collections Manager to join our US Finance team. This role will be based at our US hea...
  • 4/18/2024 12:00:00 AM

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Operations Administrator
  • CRSG Construction & Realty Services Group
  • New York, NY
  • Job Description Job Description Position Overview: The Operations Manager is responsible for overseeing and optimizing v...
  • 4/18/2024 12:00:00 AM

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Adjunct Instructor, Master of Arts in Museum Professions
  • Seton Hall University
  • Orange, NJ
  • Adjunct Instructor, Master of Arts in Museum Professions Job no: 495497 Full time/Part time: Part-time Location: South O...
  • 4/16/2024 12:00:00 AM

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Collections Manager
  • Marcolin
  • Branchburg, NJ
  • The Credit & Collections Manager is responsible for the strategic management and the day-to-day operations of the Credit...
  • 4/15/2024 12:00:00 AM

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Sr. Accountant - Nonprofit
  • Creative Financial Staffing
  • New York, NY
  • Senior Accountant - Affordable Housing Nonprofit! About the company Our client is a Nonprofit that focuses on many servi...
  • 4/15/2024 12:00:00 AM

According to the United States Census Bureau, the city had a total area of 3.244 square miles (8.401 km2), including 3.146 square miles (8.149 km2) of land and 0.098 square miles (0.253 km2) of water (3.01%). Unincorporated communities, localities and place names located partially or completely within the city include Davis Bridge and Pleasant Plains. Passaic's only land border is with neighboring Clifton, which borders Passaic to the north, south, and west. The Passaic River forms the eastern border of Passaic. Four additional neighboring towns in Bergen County immediately across the river fr...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Consumer Loan Collection Manager jobs
$114,576 to $157,364
Passaic, New Jersey area prices
were up 1.5% from a year ago

Consumer Loan Collection Manager in Passaic, NJ
A consumer loan collection manager must be able to handle the development of strategies by him or herself, so the prior experience in the field as well as judgment to make decisions must be “up to par.” The consumer loan collection manager is expected to have a superior degree of creativity to the rest of the business, to ensure that the strategies used are superior to those used in the past when minimizing collection portfolio losses.
December 12, 2019
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A consumer reported receiving a threatening email related to Ace Cash Services regarding a delinquent loan.
February 21, 2020
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Top 13 Situational Interview Questions As Consumer Loan Collection Manager.
January 14, 2020