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)
Responsibilities:
- Contact customers to collect outstanding payments
- Maintain accurate and up-to-date records of all collection activities
- Resolve customer inquiries and disputes regarding billing and payment
- Collaborate with other departments to ensure timely resolution of customer issues
- Follow up on payment arrangements and negotiate payment plans when necessary
- Prepare and send collection letters or notices to delinquent customers
- Update customer accounts with payment information and notes on collection efforts
- Provide excellent customer service while maintaining professionalism and empathy
Requirements:
- Strong customer service skills with the ability to handle difficult conversations
- Knowledge of accounts payable processes and procedures
- Proficiency in using accounting software for account management and analysis
- Strong math skills for accurate calculations and account analysis
- Excellent phone etiquette and communication skills
Note: This job description is not intended to be all-inclusive. Employee may perform other related duties as negotiated to meet the ongoing needs of the organization.
Schedule:
Monday- Friday
7:00am-3:30PM
Job Type: Full-time
Salary: $22.00 - $25.00 per hour
Benefits:
Weekly day range:
Work setting:
Work Location: In person
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