Credit and Collections Director jobs in Peoria, IL

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)

F
Credit Officer
  • Farm Credit Network
  • Bloomington, IL FULL_TIME
  • Compeer Financial is seeking collaborative, innovative and dynamic professionals to be a part of our Top Workplace culture!

    Tell me more about this opportunity.

    Position Overview: This position analyzes new credit requests, makes loan servicing decisions for existing clients and performs other essential credit duties. Completes the financial analysis and underwriting on a variety of crop and livestock industries throughout Compeer’s territory. Makes credit decisions that are consistent with established credit policies, procedures and best practices. The incumbent approves or denies requests within their delegated authority with a majority of the time being spent on completing loan analysis and communicating decisions to internal and external team members. Works with clients and Financial Officers to discuss loan packages and provides financial counseling to clients.

    Essential Functions:

    Analyzes financial and supporting documen tation submitted for formal and informal lending and servicing requests.
    Identifies, communicates and assists in the collection of financial information required to process lending and servicing requests.
    Approves, declines, or escalates credit decision to higher authority levels as required.
    Determines appropriate level of analysis and due diligence required based on credit risk.
    Determines appropriate account classification and probability of default rating.
    Effectively communicates credit decision, terms, conditions and findings through a formal narrative write-up.
    Establishes loan conditions and closing requirements for approved actions.
    Answers questions and provides direction on credit related issues that arise during the processing, closing and servicing of lending transactions.
    Facilitates negotiation of credit agreements between Compeer, borrower, participants and outside counsel.
    Creates innovative cre dit packages to meet client needs.
    Proactively monitors lending portfolio and loan performance for the organization and provides direction for loan classification.
    Works directly with sales team or with clients to develop a plan to cure loan delinquencies or other servicing requests.
    Determines how to structure stressed credits to meet internal lending requirements, client expectations and organizational growth objectives.
    Coordinates with sales and RAU teams to develop servicing plans and other monitoring requirements for higher risk client relationships.
    Works jointly with Financial Officers and other team members to implement Team Relationship Model approach with key clients.
    Meets with clients to provide quantitative assessments of financial performance in relation to Compeer credit standards and industry norms.
    Builds and maintains knowledge and skills within crop and livestock industries served by Compeer by reviewing ind ustry publications, reviewing internal guidance, internal trainings, attending meetings, seminars and conferences.

    Minimum Qualifications & Required Knowledge, Skills and Abilities:

    Bachelor’s degree in ag business, finance, economics or related field OR an equivalent combination of education and experience sufficient to perform the essential functions of the job.
    Previous years of experience in a financial institution, preferred.
    Knowledge of federal and state (Illinois, Minnesota, and Wisconsin) laws, regulations and compliance requirements specific to the financial industry and Farm Credit.
    Basic to solid knowledge of agricultural businesses and operations, crop insurance and livestock industries and associated production practices.
    Basic to solid knowledge of loan products, services, and credit operations.
    Basic to solid understanding of credit processing and servicing activities, accounting principles and practices, credit analysis procedures, credit administration, monitoring and reporting.
    Basic to solid interpersonal, collaboration, communication, team building, problem solving, analytical, organizational, and time management skills.
    Solid computer skills, including Microsoft Office applications, customer relationship management (CRM) programs, internal underwriting and database systems.
    Basic to solid decision making, negotiating, and influencing skills.
    Flexible and adaptable to changing situations.
    Ability to work independently and collaboratively with other teams to achieve goals and represent the business.
    Valid driver’s license.

    Who is Compeer Financial?
    Compeer Financial exists to champion the hopes and dreams of rural America. By joining our team, you will help empower those in agriculture and rural communities to achieve their goals and expand their possibilities. We embrace business agility and innovative approaches to serving our clients and communities.

    Why join our team?

    Amazing team members who are passionate about serving agriculture and rural America.
    Investment in our team members’ education, growth and development.
    Engagement in our communities through giving back and volunteerism.
    Flexible, collaborative and dynamic work environment.
    Great benefits:

    Medical, Dental, Vision insurance
    401K (3% Compeer contribution & up to an additional 6% match)
    Paid time off (vacation, sick leave, holidays, volunteer time)

    Find out why our team members choose Compeer Financial by watching this video.

    How do I apply?
    Qualified candidates, please apply online at www.compeer.com/careers.

    Compeer Financial is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.

  • 1 Day Ago

W
Collections Specialist
  • Wilber Group
  • Bloomington, IL FULL_TIME
  • We are looking for professional individuals to join our Great Place to Work Certified office in Bloomington, Illinois! Your main responsibility as a collector is to take/place calls, negotiate payment...
  • 1 Day Ago

J
Collections Security Officer
  • J&J Ventures, Gaming LLC
  • Princeton, IL FULL_TIME
  • Since 1929, J&J Ventures has been a leader in Gaming and Amusements and a trusted partner. Today, our focus remains steadfast: to provide world-class service to help businesses succeed. Our customers ...
  • 24 Days Ago

I
Peoria.Mobile Collections - Charge
  • ImpactLife
  • Peoria, IL FULL_TIME
  • Peoria.Mobile Collections - Charge Peoria, IL, USA Req #2262 Friday, March 22, 2024 ImpactLife is the exclusive provider of blood products and services to our partner hospitals in Illinois, Iowa, Miss...
  • 5 Days Ago

W
Collections Specialist - Trainable
  • Wilber Group
  • Bloomington, IL FULL_TIME
  • We are looking for professional individuals to join our Great Place to Work Certified office in Bloomington, Illinois! Your main responsibility as a collector is to take/place calls, negotiate payment...
  • 8 Days Ago

R
Part-Time Customer Service / Collections
  • Royal Publishing
  • Peoria, IL PART_TIME
  • Royal Publishing has an immediate opening IN OUR PEORIA, ILLINOIS OFFICE for a friendly individual to make customer service calls and to collect on past due invoices. Must be capable of making / takin...
  • 24 Days Ago

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0 Credit and Collections Director jobs found in Peoria, IL area

P
TEACHER AIDE-SEL
  • Peoria Public Schools
  • Peoria, IL
  • QUALIFICATIONS - * MUST HAVE A VALID ILLINOIS PARAPROFESSIONAL CERTIFICATE REGISTERED IN PEORIA COUNTY * MUST PASS A PRE...
  • 3/27/2024 12:00:00 AM

P
SCHOOL SECRETARY-192
  • Peoria Public Schools
  • Peoria, IL
  • QUALIFICATIONS - * MUST PASS A PRE-EMPLOYMENT PHYSICAL, TB TEST, AND DRUG/ALCOHOL SCREENING * MUST PASS A CRIMINAL BACKG...
  • 3/27/2024 12:00:00 AM

P
TEACHER AIDE - RISE ACADEMY
  • Peoria Public Schools
  • Peoria, IL
  • QUALIFICATIONS - * MUST HAVE A VALID ILLINOIS PARAPROFESSIONAL CERTIFICATE REGISTERED IN PEORIA COUNTY * MUST PASS A PRE...
  • 3/27/2024 12:00:00 AM

P
TEACHER AIDE-SP ED-XCAT
  • Peoria Public Schools
  • Peoria, IL
  • QUALIFICATIONS - * MUST HAVE A VALID ILLINOIS PARAPROFESSIONAL CERTIFICATE REGISTERED IN PEORIA COUNTY * MUST PASS A PRE...
  • 3/27/2024 12:00:00 AM

P
REG DIV-GRAPHIC DESIGN
  • Peoria Public Schools
  • Peoria, IL
  • QUALIFICATIONS - * MUST HAVE VALID ILLINOIS TEACHING CERTIFICATE * REGISTERED IN PEORIA COUNTY * MUST PASS A PRE-EMPLOYM...
  • 3/27/2024 12:00:00 AM

P
MUSIC
  • Peoria Public Schools
  • Peoria, IL
  • * MUST HAVE VALID ILLINOIS TEACHING CERTIFICATE REGISTERED IN PEORIA COUNTY. * MUST PASS A PRE-EMPLOYMENT PHYSICAL, TB T...
  • 3/27/2024 12:00:00 AM

H
Testing Facilitator
  • Heartland Community College
  • Normal, IL
  • Location : Normal, IL Job Type: Full-time Unit: Enrollment and Student Services Division/Department: Testing Center Open...
  • 3/25/2024 12:00:00 AM

C
RN- Clinical Admission Specialist
  • Carle Foundation Hospital
  • Peoria, IL
  • * Assesses and coordinates clinically appropriate bedding of all patients (Excluding Behavioral Health)* Facilitates bed...
  • 3/24/2024 12:00:00 AM

Peoria (/piˈɔːriə/ pee-OR-ee-ə) is the county seat of Peoria County, Illinois, and the largest city on the Illinois River. Established in 1691 by the French explorer Henri de Tonti, Peoria is the oldest European settlement in Illinois, and is named after the Peoria tribe. As of the 2010 census, the city was the seventh-most populated in Illinois (and the third largest outside the Chicago metropolitan area), with a population of 115,007. The Peoria Metropolitan Statistical Area had a population of 373,590 in 2011. Until 2018, Peoria was the global and national headquarters for Caterpillar Inc.,...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Credit and Collections Director jobs
$143,267 to $205,894
Peoria, Illinois area prices
were up 1.3% from a year ago

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