Payment Recovery Specialist jobs in Oklahoma City, OK

Payment Recovery Specialist is responsible for analysis of denied reimbursement claims. Ensures appropriate insurance coverage for compliance standards and revenue generation. Being a Payment Recovery Specialist monitors, evaluates, and reviews all cost reporting in support of claims. Coordinates with departments and insurance companies to correct errors as necessary. Additionally, Payment Recovery Specialist requires a bachelor's degree in area of specialty. Typically reports to a supervisor or manager. To be a Payment Recovery Specialist typically requires 4 to 7 years of related experience. Contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. (Copyright 2024 Salary.com)

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Payment Solutions Recovery Specialist
  • TRUE SKY FEDERAL CREDIT UNION
  • Oklahoma, OK FULL_TIME
  • True Sky Credit Union

    Structured Compensation - Job Description

    Payment Solutions Recovery Specialist

    Data Year: 2023
    Prepared On: 10/20/2023

     

     

    Department:

    Payment Solutions 

    Grade:

    Reports To:

    Payment Solutions Recovery Supervisor

    Classification:

    Non-Exempt 

    Supervises Direct:

    0

    Supervises Indirect:

    0

    Approved By:

    President

    Effective Date:

    10/20/2023

     

     

    Revised Date:

    10/20/2023

     

    Role:

     

    To preserve the credit union's assets by controlling recovery efforts, garnishments, levy’s, collecting delinquent loan payments and/or recovering collateral.

     

    Essential Functions & Responsibilities:

     

    E

    60%

    Handles all credit union post charge off recovery efforts and assigns them to our 3rd party vendor for tracking purposes to protect the member and the credit union.

    E

    20%

    Maintains accurate files and reports on all recovery, garnishments, and levies in the collection’s module.

    E

    10%

    Prepares invoice documents from 3rd party vendor and documents accounts in the collection’s module.

    E

    5%

    Informs management of trends in delinquent/charged-off loans.

    E

    5%

    Assists employees with member problems and performs other duties as assigned.

     

    Performance Measurements:

     

    1.

    To maximize and control the recovery efforts of the credit union assets from delinquent loans.

    2.

    To maintain accurate and complete records of all recovery and invoice activity.

    3.

    To ensure that collection activity is both within credit union policy and all relevant regulations.

    4.

    To identify and inform management of potential recovery and invoice problems.

    5.

    To offer/provide assistance in setting up a budget for the member for post charge off accounts.

    6.

    To stay current and comply with all federal and state regulations including Bank Secrecy Act (BSA) and all credit union policies and procedures.

     

    Knowledge and Skills:

     

    Experience

    One year to three years of similar or related experience. 

     

    Education

    A high school education or GED. 

     

    Interpersonal Skills

    Work involves much personal contact with others inside and/or outside the organization for the purpose of first-level conflict resolution, building relationships, and soliciting cooperation. Discussions involve a higher degree of confidentiality and discretion, requiring diplomacy and tact in communication. 

     

    Other Skills

    Communication skills, both verbal & written. Good judgement and analytical skills. 

     

    Physical Requirements

    The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 
     While performing the duties of this job, the employee is occasionally required to stand; walk; sit; use hands to finger, handle, or feel objects, tools or controls; reach with hands and arms; climb stairs; balance; stoop, kneel, crouch, talk and hear. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by the job include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus. 

     

    Work Environment

    Work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 
     While performing the duties of this job, the employee is not exposed to weather conditions. The noise level in the work environment is usually moderate. 

     

     

     

     

    This Job Description is not a complete statement of all duties and responsibilities comprising the position.

  • 23 Days Ago

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Digital Ads Specialist
  • Global Payment Holding Company
  • Oklahoma, OK FULL_TIME
  • Every day, Heartland, a Global Payments Company, makes it possible for millions of people to move money between buyers and sellers using our products and unmatched services. Simply, we create meaningf...
  • 3 Days Ago

G
Sales Enablement Specialist, Payments
  • Global Payment Holding Company
  • Oklahoma, OK FULL_TIME
  • Every day, Heartland, a Global Payments Company, makes it possible for millions of people to move money between buyers and sellers using our products and unmatched services. Simply, we create meaningf...
  • 8 Days Ago

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Sales Enablement Specialist, Payroll
  • Global Payment Holding Company
  • Oklahoma, OK FULL_TIME
  • Every day, Heartland, a Global Payments Company, makes it possible for millions of people to move money between buyers and sellers using our products and unmatched services. Simply, we create meaningf...
  • 12 Days Ago

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PAYMENT TEAM SPECIALIST
  • Mathis Home
  • Oklahoma, OK FULL_TIME
  • Assist customers in making over-the-phone payments; answering payment-related inquiries and addressing any payment related issues; process various types of payments including credit card payments ensu...
  • 26 Days Ago

O
Medical Payment Posting Specialist
  • Oklahoma Arthritis Center
  • Edmond, OK FULL_TIME
  • Oklahoma Arthritis Center (OAC) is an Equal Employment Opportunity employer and considers all applicants without regard to race, religion, color, sex, national origin, age, disability, veteran status,...
  • 1 Month Ago

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0 Payment Recovery Specialist jobs found in Oklahoma City, OK area

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Consumer Recovery Specialist
  • Oklahoma Department of Mental Health and Substance Abuse Services
  • Norman, OK
  • Join a team that CARES! Here at ODMHSAS, we believe in I.C.A.R.E. Integrity, Compassion, Accountability, Respect, and Ex...
  • 3/28/2024 12:00:00 AM

O
Senior Consumer Recovery Specialist (Evenings)
  • Oklahoma Department of Mental Health and Substance Abuse Services
  • Oklahoma City, OK
  • The Oklahoma County Crisis Intervention Center (OCCIC) is looking for a Senior Consumer Recovery Specialist to join thei...
  • 3/28/2024 12:00:00 AM

O
Consumer Recovery Specialist - Urgent Recovery Center
  • Oklahoma Department of Mental Health and Substance Abuse Services
  • Norman, OK
  • Join a team that CARES! Here at ODMHSAS, we believe in I.C.A.R.E. - Integrity, Compassion, Accountability, Respect, and ...
  • 3/28/2024 12:00:00 AM

O
Recovery Support Specialist - Mobile Crisis
  • Oklahoma Department of Mental Health and Substance Abuse Services
  • Norman, OK
  • Our crisis team helps individuals and communities THRIVE, by supporting individuals in crisis. The THRIVE team works to ...
  • 3/28/2024 12:00:00 AM

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ISS Home Based Therapist
  • NorthCare
  • Oklahoma City, OK
  • Job Details Job Location: Oklahoma City Office - Oklahoma City, OK Position Type: Full Time Education Level: Graduate De...
  • 3/28/2024 12:00:00 AM

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Metro Fence Installation Company OKC
  • foldads.com
  • Oklahoma City, OK
  • Title Friday, 11 February, 2022 (ANANTAPUR, India) - We are offering a part-time Permanent Job. If you are interested in...
  • 3/28/2024 12:00:00 AM

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Director of Inventory Full Time
  • Regional Food Bank of Oklahoma, Inc
  • Oklahoma City, OK
  • Active - Full-Time Benefits Eligible Oklahoma City, OK, US **Job Description:** The Director of Inventory will oversee a...
  • 3/28/2024 12:00:00 AM

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SAP Enterprise Architect
  • Concentrix
  • Oklahoma City, OK
  • Job Title: SAP Enterprise Architect Job Description Your Journey at Concentrix + Webhelp Starts Here: At Concentrix + We...
  • 3/24/2024 12:00:00 AM

Oklahoma City lies along one of the primary corridors into Texas and Mexico, and is a three-hour drive from the Dallas-Fort Worth metroplex. The city is in the Frontier Country region in the center of the state, making it an ideal location for state government. According to the United States Census Bureau, the city has a total area of 620.34 square miles (1,606.7 km2), of which 601.11 square miles (1,556.9 km2) is land and 19.23 square miles (49.8 km2) is water. Oklahoma City lies in the Sandstone Hills region of Oklahoma, known for hills of 250 to 400 feet (120 m) and two species of oak: blac...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Payment Recovery Specialist jobs
$44,433 to $58,466
Oklahoma City, Oklahoma area prices
were up 1.2% from a year ago