Collections Specialist
Northern Bank•Woburn, MA
13d•$25 - $40
About The Position
The Collections Specialist is responsible for overseeing the collections of commercial, residential and consumer loans.
Requirements
- 1-3 years’ experience in the lending area of a bank
- Proficient with computers
- Excellent communication, interpersonal, and organizational skills
- Ability to prioritize workflow and succeed in a multitasking environment
- Ability to work independently and within a team
Nice To Haves
- Business Degree or related field preferred
Responsibilities
- Manage the collection activities for commercial, consumer and residential loans by reviewing the past due reports/contacting borrowers
- Coordinate collections efforts with Commercial Loan Officers for commercial past due loans
- Maintain accurate records of all collection efforts and customer contacts.
- Adhere to regulatory and compliance guidelines in place associated with collections
- Assist in audits for the commercial, residential and consumer areas associated with collections and other areas as needed
- Monitor upcoming maturities and matured loans for payment processing
- Monitor daily maintenance reports from the core system for accuracy
- Monitor Bankruptcy tracking for consumer and commercial loans
- Assist with customer inquiries as needed
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
No Education Listed
