Credit and Collections Manager jobs in Detroit, MI

Credit and Collections Manager develops and administers credit and collection programs. Oversees investigation of credit risk in customers and suppliers and advises on course of action for credit applications. Being a Credit and Collections Manager designs and implements processes to improve cash flow and reduce receivables. Monitors and negotiates the collection of overdue accounts. Additionally, Credit and Collections Manager monitors credit and collection processes and operations; makes recommendations on opportunities for improvement. Requires a bachelor's degree. Typically reports to a director. The Credit and Collections Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Credit and Collections Manager typically requires 5 years experience in the related area as an individual contributor. 1-3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)

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Collections Manager
  • A B D Federal Credit Union
  • Warren, MI FULL_TIME
  • ABD Federal Credit Union

    Location:
    Main Branch in Warren, MI 48092

    Job Type:
    Full-time

    Willingness to Travel:
    ? 25% (Preferred)

    Schedule:
    ? Monday to Friday

    Benefits:
    ? 401(k)
    ? Dental insurance
    ? Health insurance
    ? Vision insurance

    Qualifications:
    ? Experience of 5 years or more (Preferred)
    ? Associates Degree (Preferred)
    ? Supervisory or Management: 5 years or more (Preferred)
    ? Financial industry: 5 years or more (Preferred)
    ? Financial institution collections: 5 years or more (Preferred)
    ? Repossessions (in financial industry): 3 years (Preferred)
    ? Subpoena (in financial industry): 3 years (Preferred)

    Job Description

    Responsible for overseeing the overall functions of managing delinquency and minimizing losses at ABD Federal Credit Union. Ensuring state and federal regulations are followed while following company polices and procedures. Develop and implement strategies to achieve company?s collection goals.

    Essential Job Functions
    ? Oversee the overall functions of managing delinquency and mitigating financial losses
    ? Manage relationships with third-party collection resources
    ? Contact delinquent accounts via phone, email and mail
    ? Handle vehicle repossessions and coordinate the process with third parties
    ? Evaluate payment deferment requests and restructure loans based on member repayment capacity
    ? Represent the credit union at legal proceedings
    ? Recommend accounts for charge off when appropriate
    ? Stay informed about technological advancements and industry changes in collections
    ? Responsible for bookkeeping legal documents and mitigations

    Detailed Job Duties Presented during Interview
  • 1 Month Ago

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Credit & Collections Manager
  • Clark Hill
  • Detroit, MI FULL_TIME
  • Clark Hill PLC Position Description Position: Credit & Collections Manager Reports To: Director of Client Accounting Status: Exempt Summary: Responsible for coordinating the day-to-day collection acti...
  • 15 Days Ago

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Collections Specialist Career Opportunity!
  • Michigan Credit Union League
  • Farmington, MI FULL_TIME
  • Organization: LOC CU Date Posted: January 19, 2024 Region: Southeast Michigan Location of Position: Farmington Position Level: Entry LOC Credit Union is looking for a dynamic individual to join it's C...
  • 1 Day Ago

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Payment Solutions Representative (Collections)
  • Michigan First Credit Union
  • Village, MI OTHER
  • Location : Address: 27000 Evergreen Location : City: Lathrup Village Location : Postal Code: 48076 Responsibilities: We are currently seeking a Payment Solutions Representative to join us. The person ...
  • 24 Days Ago

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Repayment Solutions Specialist (Collections)
  • Michigan Credit Union League
  • Troy, MI FULL_TIME
  • Organization: Michigan Schools and Government CU Date Posted: March 19, 2024 Region: Southeast Michigan Location of Position: Troy, MI Position Level: Mid-Level Overview of Responsibilities: Protects ...
  • 25 Days Ago

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Repayment Solutions Specialist (Collections)
  • Michigan Schools and Government Credit Union
  • Troy, MI FULL_TIME
  • Founded by a small group of educators, Michigan Schools & Government Credit Union (MSGCU) has been providing quality financial services to the community for 70 years and welcomes everyone in Michigan ...
  • 28 Days Ago

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0 Credit and Collections Manager jobs found in Detroit, MI area

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Accounting Specialist
  • Nationwide Video
  • Wixom, MI
  • Job Description Job Description Overview: The Accounting Specialist is a mid-level position responsible for assisting th...
  • 4/19/2024 12:00:00 AM

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Division Accountant
  • Republic Services
  • Detroit, MI
  • Republic Services is a leader in Environmental Services, partnering with customers to create a more sustainable world. W...
  • 4/18/2024 12:00:00 AM

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Division Billing Coordinator - Division
  • Republic Services
  • Taylor, MI
  • ABOUT THE COMPANY Republic Services, Inc. (NYSE: RSG) is a leader in the environmental services industry. We provide cus...
  • 4/18/2024 12:00:00 AM

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Controller
  • Marshall Holding Company Inc
  • Detroit, MI
  • Job Description Job Description Aluminum Supply Co. (ASCO) & Marshall Sales, Inc. (MSI) are second and third-generation,...
  • 4/18/2024 12:00:00 AM

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Entry Level Accounting Associate
  • Adecco US, Inc.
  • Troy, MI
  • Adecco is currently looking for an Accounting Associate for a large world-renowned company. This position is an entry le...
  • 4/18/2024 12:00:00 AM

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Law Firm Accounting assistant
  • Personnel Management Solutions, Inc.
  • Troy, MI
  • Job Description Job Description ACCOUNTING ASSISTANT ESSENTIAL DUTIES AND RESPONSIBILITIES: These are primarily job duti...
  • 4/17/2024 12:00:00 AM

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ERP Consultant - Accounting
  • Central Data Systems
  • Farmington, MI
  • Job Description Job Description Due to the incredible growth we are experiencing, Central Data is looking to add an expe...
  • 4/16/2024 12:00:00 AM

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Staff Accountant
  • Quanta US
  • Royal Oak, MI
  • Job Description Job Description Join a global leader in filter and component manufacturing across diverse industries suc...
  • 4/15/2024 12:00:00 AM

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 Credit and Collections Manager jobs
$102,679 to $145,121
Detroit, Michigan area prices
were up 1.2% from a year ago

Credit and Collections Manager in Roanoke, VA
Collections can appear from unsecured accounts, such as credit cards and personal loans.
December 21, 2019
Credit and Collections Manager in Tulsa, OK
Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act.
November 27, 2019
Credit and Collections Manager in Columbus, OH
You have the duties of monitoring accounts in collections and in implementing new programs designed to reduce receivables.
February 06, 2020