Credit and Collections Director leads the overall credit function. Designs and implements processes to improve cash flow and reduce receivables. Being a Credit and Collections Director develops policies regarding the investigation of customers, extension of credit lines, and collections. Consults with current and future clients regarding their level of credit. Additionally, Credit and Collections Director oversees the negotiation and course of action taken for overdue accounts. Typically requires a bachelor's degree. Typically reports to top management. The Credit and Collections Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. To be a Credit and Collections Director typically requires 5+ years of managerial experience. (Copyright 2024 Salary.com)
Greater Wayne Community Federal Credit Union is a non-profit organization serving its members in Wayne County. We are currently seeking out an individual to become part of our team in Doylestown. Our open position is for a full-time collections manager, working 37-40 hours/week. We are seeking individuals with a professional, positive mindset that can build rapport with the members of our community.
All applicants will be subject to a background check in accordance with state laws. This position is permanent, with opportunities for vertical/horizontal growth within the organization.
Job Duties:
-Make daily phone calls and send delinquent letters to members who are behind on payments
-Work to create potential solutions with members experiencing delinquency on their loan accounts, visas, lines of credit, etc. These solutions revolve around arranging payment plans with members who have failed to make timely payments or are currently experiencing hard times.
-Submit repossession orders, file for small claims court, attend small claims court mediations, attend judgement debtors’ exams, perform wage garnishments for members in which arranged payment plans have not been met or communication with members have been lost.
-Manage Bankruptcy cases by filing proper documentation and ceasing collection efforts upon receiving notice.
-Manage Guaranteed Asset Protection (GAP) Claims
-Manage Credit Life and Disability Claims
-Work with supervising manager to coordinate goals/benchmarks throughout the year
-Process automobile/recreational titles for new loans and closed loans.
-Must have, or be willing to obtain, a Notary Public.
-Must have patience working with troubled members.
-Process incoming/outgoing wire transfers
-Must be able to lift up to 50 lbs.
- Have ability to multi-task in a high paced environment
- Assist in managing member service representatives at the branch including tasks such as general problem solving. vault management, etc.
-Assist in loan application processing
-Open new accounts for members
- Must be able to work flexible schedule that includes Saturdays
Required Experience
- 1-3 years customer service
- 1-3 years cash handling
Preferred Experience
-Collections Experience
- Teller/ Member Service Representative Experience
-Notary Experience
-Title Experience
Job Types: Full-time, Part-time
Pay: From $16.00 per hour
Expected hours: 36 – 40 per week
Benefits:
Weekly day range:
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Experience:
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Work Location: In person
0 Credit and Collections Director jobs found in Akron, OH area