Mortgage Collection Manager manages a team of collectors and supervisors who limit collection portfolio losses and delinquencies. Trains and staffs collection associate team. Being a Mortgage Collection Manager evaluates delinquent loans and determines foreclosure status. May assist in developing strategies to limit foreclosures, repossessions, etc. Requires a bachelor's degree. Additionally, Mortgage Collection Manager typically reports to a director. The Mortgage Collection 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 Mortgage Collection 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)
JOB DESCRIPTION SUMMARY :
Under the direct guidance of the Credit and Collection Supervisor, the Credit and Collection Specialist is responsible for the end-to-end credit and collection process for assigned Reliant Holdings Ltd and affiliate customers in accordance with the customer's contract terms and other requirements.
This includes cash application, running aging reports and monitoring past due billings to ensure payments are met within terms and discrepancies are followed up timely.
JOB DUTIES :
Essential Functions :
Requires posting applied cash daily within the general ledger system.
Work directly with the Division Managers and / or designee and AR Specialists on potential billing discrepancies and or other issues that may be preventing customer from paying on time.
Additional Responsibilities :
EDUCATION & EXPERIENCE :
Education :
High school degree; required minimum.
Experience :
Other Skills :
PHYSICAL & MENTAL DEMANDS
Last updated : 2024-03-23
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