Collection Officer

Red River Employees Federal Credit UnionTexarkana, TX
$16 - $24Onsite

About The Position

Contacts and collects delinquent loans that are past due. Works collection accounts as they become 31 days delinquent.

Requirements

  • One to two years in collection of delinquent accounts preferred.
  • High school diploma or equivalent.
  • Proficiently operate RRCU personal computer and standard office equipment.
  • Patient and firm individual.
  • Ability to meet, speak, and deal effectively with people, being professional always.
  • Must maintain a neat and professional appearance.
  • Ability to follow the core values of Team-Focused, Excellence, Authenticity, and Leading in Innovation.

Responsibilities

  • Begins collection process on all accounts listed on 31-60-day delinquent loan print-out, updates all information on computer pertaining to member and/or co-makers; works with member to resolve delinquent status either in person or by telephone; works delinquent student loans following guidelines set by Texas Guaranteed Student Loan Corp., up to and including filing claims.
  • Continue working delinquent loans 61 days or more delinquent.
  • Contacts members and/or insurance company regarding insurance problems, sends notice of default and intent to accelerate loan when problem is not resolved.
  • Prepares loans for repossession when necessary.
  • Files disability insurance or credit life for member.
  • Assists with questions regarding MasterCard delinquencies, forgeries, application, and payments.
  • Assists members with a charged off loan or delinquent account which is not 30 days past due.
  • Answers all calls for skip tracing.
  • Adheres to all Red River Employees Federal Credit Union policies and procedures.
  • Performs other related duties as assigned.
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