Consumer Loan Collection/Recovery Manager jobs in Detroit, MI
Consumer Loan Collection/Recovery Manager manages a group of collection/recovery supervisors and develops collection strategies to minimize "bad debt" portfolio loss. Responsible for initial and ongoing training for all subordinate personnel. Being a Consumer Loan Collection/Recovery Manager requires a bachelor's degree. Typically reports to a top management. The Consumer Loan Collection/Recovery 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/Recovery 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)
Recently Added Consumer Loan Collection/Recovery Manager jobs
Consumer Loan Accounting Manager
- Comerica Bank
-
Detroit, MI
FULL_TIME
-
Consumer Loan Accounting Manager
The Consumer Loan Accounting Manager is responsible for the management and supervision of the Bank's residential mortgage and consumer loan accounting functions and team members, which includes residential mortgage, HELOCs and other consumer loan products. The Manager also supports the accounting department's monthly close processes as well as ensures accurate external financial reporting is provided for consumer loan activities. The role will have a particular focus on providing meaningful financial analysis and driving business process efficiencies and automation.Position Responsibilities:
Accounting Operations Management- Oversee and manage the Consumer Loan Accounting team to ensure timely and accurate accounting for loan origination, settlement and servicing activities, including review of journal entries and account reconciliations to ensure proper accounting.
- Reviews the consumer financial loan activity (disbursements, payments, adjustments, sales, and purchases), to ensure accurate processing on the loan servicing sub-systems and general ledger impacts.
- Manages compliance with general ledger and demand deposit account corporate reconciliation and aging standards for all consumer loan accounts.
- Assist Consumer Loan Center (CLC) business partners with the review and maintenance of the Consumer Loan Policies and ensure compliance with these policies effectuates accurate accounting treatment under US GAAP.
Change Agent and Project Coordinator- Serve as leader for Consumer Loan Accounting on digital transformation initiatives impacting the General Ledger or loan subledgers.
- Support the development and maintenance of the financial systems utilized in the Consumer Loan area, including overseeing testing of the system for enhancements and upgrades in coordination with IT and the Systems Support team.
- Make and implement recommendations which result in improvements to the integrity and quality of our consumer loan accounting processes, accounting policies and procedures along with the efficiency of the department.
Analytics and Financial Monitoring- Analyze revenue and expense trends and report on net interest margin categories by assisting with month-end close analysis.
- Prepare monthly financial analysis and coordinate with CLC business partners and business finance/FP&A for additional insights on performance trends.
- Manages external Loan Center financial reporting including Federal Reserve Call Reporting and the FHLB audit for accounting; comply with government regulations and maintain procedures for timely and accurate reporting.
- Lead all responses to risk management and internal control inquiries (including SOX) for the consumer loan accounting functional area, including providing relevant information to management, auditors, and regulators in accordance with monthly, quarterly, and annual deadlines.
Position Qualifications:- Bachelor's degree in accounting, finance, management, or related field
- 5 years of Experience in Accounting, Finance, or in Auditing (or a combination relevant to the job requirements)
- 3 years of Experience with financial analysis and reconciliations
- 3 years of Experience in management or supervision
- 2 years of Working on a project team or leading projects; experience with implementing systems and/or process changes
- Knowledge of consumer loan settlement processes and banking products
License or Certification:- CPA Preferred (or specialized experience, certification, license, or advanced degree in area of expertise)
8:00am - 5:00pm Monday - Friday This position offers a hybrid work model that includes onsite and remote days as determined by the manager.
Comerica is proud to be an Equal Opportunity Employer - veterans/individuals with disabilities, committed to workplace diversity. - 20 Days Ago
Consumer Loan Sales Specialist
- OneMain Financial
-
Livonia, MI
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.ConsumerLoan Sales Special...
- 26 Days Ago
Consumer Loan Supplier Analyst
- Comerica Bank
-
Auburn, MI
FULL_TIME
- CLC Supply AnalystThis position is tasked with managing some smaller supplier relationships supporting the bank and all employees. Often this is the first step in moving into higher level management o...
- 1 Month Ago
Consumer Loan Service Delivery Analyst
- Comerica Bank
-
Auburn, MI
FULL_TIME
- Consumer Loan Center Operations Analyst The Consumer Loan Center (CLC) operations Analyst role will be responsible for all facets of Consumer Loan Servicing with internal and external customers for th...
- 2 Days Ago
Team Lead - Loan Officer
- Lend-A-Loan
-
Troy, MI
FULL_TIME
- Do you have a proven track record of creating lending solutions for your clients and a desire to assist buyers in obtaining the property of their dreams? If so, we’d love to talk with you about joinin...
- 26 Days Ago
Loan Officer Assistant
- Lend-A-Loan
-
Troy, MI
FULL_TIME
- Lend-A-Loan is looking for a mortgage loan officer assistant to join our top-producing team and assist our mortgage loan origination officers. This position requires a unique mix of sales and customer...
- 29 Days Ago
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0 Consumer Loan Collection/Recovery Manager jobs found in Detroit, MI area
Senior Revenue Cycle Analyst
- Healthrise
-
Detroit, MI
- THE OPPORTUNITY The Analyst works side-by-side with our hospital clients to improve the hospital’s Revenue Cycle perform...
- 4/25/2024 12:00:00 AM
Accounts Manager/Budget Analyst - MI
- SER Metro-Detroit
-
Detroit, MI
- Job Description Job Description JOB TITLE: Account Manager/Budget Analyst DIVISION: Finance DEPARTMENT: Finance/Fiscal L...
- 4/25/2024 12:00:00 AM
Treasury Analyst
- Phinia, Inc.
-
Auburn Hills, MI
- Position Treasury Analyst Location Auburn Hills, Michigan About us PHINIA: Advancing sustainability today, powering carb...
- 4/24/2024 12:00:00 AM
Finance Consultant
- Prokatchers
-
Troy, MI
- Job description: We are looking for an energetic and experienced Cash Applications Specialist to join our team. We proce...
- 4/23/2024 12:00:00 AM
Finance Analyst - Electrolyzers
- Cummins Inc.
-
Troy, MI
- Cummins Inc. Finance Analyst - Electrolyzers in Troy , Michigan Finance Analyst - ElectrolyzersDescriptionFinance Analys...
- 4/23/2024 12:00:00 AM
Director of Finance
- Detroit Water and Sewerage Department
-
Detroit, MI
- Job Description Job Description This is not a Civil Service Position. DWSD employees are subject to provisions of Court ...
- 4/22/2024 12:00:00 AM
Senior Revenue Cycle Analyst
- Healthrise
-
Detroit, MI
- THE OPPORTUNITY The Analyst works side-by-side with our hospital clients to improve the hospitals Revenue Cycle performa...
- 4/22/2024 12:00:00 AM
Financial Coach - Business Consultant
- QT Business Solutions
-
Southfield, MI
- Job Description Job Description Job Summary Provides business consulting, financial projections creation and maintain th...
- 4/22/2024 12:00:00 AM
About Detroit, Michigan
Detroit (/dɪˈtrɔɪt/, locally also /ˈdiːtrɔɪt/; French: Détroit, lit. 'strait') is the largest and most populous city in the U.S. state of Michigan, the largest United States city on the United States–Canada border, and the seat of Wayne County. The municipality of Detroit had a 2017 estimated population of 673,104, making it the 23rd-most populous city in the United States. The metropolitan area, known as Metro Detroit, is home to 4.3 million people, making it the second-largest in the Midwest after the Chicago metropolitan area. Regarded as a major cultural center, Detroit is known for its co...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Consumer Loan Collection/Recovery Manager jobs
$87,955 to $131,037
Detroit, Michigan area prices
were up 1.2% from a year ago
were up 1.2% from a year ago
What does a Consumer Loan Collection/Recovery Manager do?
Consumer Loan Collection/Recovery Manager in San Bernardino, CA
Based on our compensation data, the estimated salary potential for Consumer Loan Collection Recovery Manager will increase 16 % over 5 years.
December 18, 2019
Consumer Loan Collection/Recovery Manager in Lancaster, PA
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Consumer Loan Collection/Recovery Manager in Utica, NY
It will be up to you to impress the manager during the job interview.
January 22, 2020