Collections Specialist

Company: The Judge Group
Location: Brockton
Posted on: May 9, 2022

Job Description:

ESSENTIAL DUTIES AND RESPONSIBILITIES.
Assignment, suspension and maintaining collection queues for unsecured consumer loans to Trans world Systems Printing and stuffing of all OPS noticesSolicit payment arrangements for past due consumer loans and Visa Credit Cards. Maintain follow up of all payment arrangements.Skip tracing investigation - locate members and collateral when applicable.Responsible for daily filing of all collection related documentsResearch and corrections of posted payments when applicablePrepare charged off loan files when applicableMaintain OPS charge off report/Draft Privilege Pay notes/ Maintain DocuSign NotesPost payments when applicableCross sell ACH/OLB/Auto transfer. Assists AVP with monthly reports for Board of DirectorsAbility to analyze payment corrections. Assists with writing of procedures when needed. Consumer Loan Modifications
Responds to Members original requestGather supporting documentsUnderwrites with consideration to Member's request, situation, and Collection policiesPrepares agreements and follows up with signaturesMaintains required technical adjustments to loan recordsDetermines Skip a PaymentsREAL-ESTATE LOANS
Must have a broad understanding of Servicing of real estate loans which includes:
- Escrow Analysis
- Forced place insurance
- Familiar with Insurance claims
- Reviews modification completed by AVP Collections
- Loan payment corrections
- File maintenance review
- Quality Control
All phases of Repossession to include:
Document preparation for 21day default notice of repossession. Assignment of recovery agent and supporting document preparationDocument preparation for redemptionAssist AVP of Collections with supporting document preparation for resale of collateral when needed.Maintain and pay repossession invoicesMaintain primary insurance and/or V. S. I insurance claims when applicable.Prepares remarketing reports and submits to management for approval. Handles proceeds from resale of vehicles Maintains Vendor invoices for accuracy and payments. Requirements1. 5 years prior lending/collection experience with a financial institution.
2. Prior Consumer Loan and Real Estate loan Servicing experience
3. Typing skill and computer literate a must.
4. Good interpersonal and telephone skills.
5. Strong organizational skills.
6. Must be self- motivated.
7. Must have a strict adherence to deadlines.
8. Must be a team player and willing to learn.

Keywords: The Judge Group, Brockton , Collections Specialist, Accounting, Auditing , Brockton, Massachusetts