Legal Collections Specialist (Remote)

Rapid Finance•Bethesda, MD

3d•Remote

About The Position

Rapid Finance is looking for a Collections Specialist to join our legal team that will be responsible for tracking down businesses who owe money from overdue loan repayments. Individuals with a strong investigative mindset who are able to research accounts, build rapport with our clients, analyze complex documentation, and identify fraudulent activities or documentation are encouraged to apply. This role is 100% Remote open to candidates in the following states: MD, VA, DC. A day in the life of our Legal Collections Team may include: Utilize various skip tracing techniques and collection strategies to locate right parties in order to negotiate payment arrangements on charge-off accounts Transferring data from outside collection agencies systems to Rapid's system Analyzing accounts for future collection efforts Determine suitability of judgment accounts for legal action Successfully meet and exceed daily and monthly quotas Bring your thinking, strategies, and ideas to assist in mitigating company losses Utilize your phenomenal sales skills to negotiate payment arrangements with our delinquent merchants Document merchant account with accurate description of conversations with merchant, their representatives, or other related person that references merchant account

Requirements

You have experience in legal collections, business to business collections; financial services industry a plus
You have 3rd party collections experience –Commercial and/or Consumer
You have experience with skip tracing
You possess the desire to work hard. We do whatever it takes to achieve the best possible outcomes for our clients while protecting our business.
You have prior collections experience in commercial lending or demonstrate the ability to successfully complete our training program.
You have a professional and articulate phone demeanor, remaining calm and diplomatic in high-pressure situations.
You also have excellent written communication skills.
You possess strong negotiation and skip tracing skills.
You have solid working knowledge of MS Word, Excel, and other office equipment (scanner, fax, copier).
You pride yourself on your ability to identify and correct errors, capture all of the relevant details, and get things done on time.
You have a bachelor's degree or the equivalent experience.

Nice To Haves

You are adaptable. You can be flexible and enjoy working in a team environment. Expect a fast pace, energy, and the occasional flying ping pong ball.
You want to make an impact. We are a rapidly growing business, and you will have the opportunity to make a significant impact on our clients, our culture, and our future.
You share our passion for the small businesses of America and have a desire to be part of something bigger than yourself

Responsibilities

Utilize various skip tracing techniques and collection strategies to locate right parties in order to negotiate payment arrangements on charge-off accounts
Transferring data from outside collection agencies systems to Rapid's system
Analyzing accounts for future collection efforts
Determine suitability of judgment accounts for legal action
Successfully meet and exceed daily and monthly quotas
Bring your thinking, strategies, and ideas to assist in mitigating company losses
Utilize your phenomenal sales skills to negotiate payment arrangements with our delinquent merchants
Document merchant account with accurate description of conversations with merchant, their representatives, or other related person that references merchant account