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)
Altoona First is currently recruiting a Collections and Loan Servicing Manager to join our team. Responsibilities include managing collections to maximize financial resources and drive loan portfolio performance. You will also manage the Bank’s Loan Servicing function which includes the administration of loan escrow accounts, payment corrections, and other loan maintenance. This position reports directly to the Executive Vice President.
Areas of Focus:
BS/BA in Finance or related area of study preferred. 5 years banking or collections experience preferred. Thorough knowledge of federal and state collection laws and knowledge of foreclosure procedures required. Excellent interpersonal relations, communication skills, and strong attention to detail are necessary.
If you are a problem-solver who is detail oriented and has a positive attitude we encourage you to apply.
Position Location: In-person at our Corporate Office in Altoona, Pennsylvania
Altoona First Savings Bank offers an excellent benefit package.
Altoona First Savings Bank is an Equal Opportunity Employer.
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