Senior Collector

First Western Bank & Trust•Eden Prairie, MN

25d•$65,000 - $80,000

About The Position

Responsible for managing assigned account delinquencies. Monitor and initiate appropriate collection activity of assigned accounts to maintain acceptable delinquency levels on daily basis. Initiate collection action in a timely and appropriate manner including the management of account placement with third party to maximize recovery and minimize expense.

Requirements

3-5 years collections work experience
Basic knowledge of equipment finance concepts (i.e. APR and time value of money)
Experience with Repossession and Litigation processes
Excellent negotiating skills.
Understanding of the FDCPA Act

Nice To Haves

Bilingual in Spanish a plus
PR and time value of money)

Responsibilities

Manage delinquency reporting in Aspire to identify past due accounts on a daily basis
Initiate contact via phone, email or mail in a timely manner
Use various collection methods to collect old unpaid late fee from accounts
Monthly review with Manager; non-accrual accounts and placement of accounts with third party collection.
Manage third party collection of accounts
Update Director of Credit as necessary (Expense Control) on third party collection efforts
Facilitate the disposition of collateral for recovery or sale of repossessed collateral
Use collection methods to collect unpaid property tax accounts
Maintain continuing education related to regulatory standards

Benefits

comprehensive health benefits and programs, which may include insurance for medical, vision, dental, and more
401k with company match
company contribution to Health Savings Account
banking benefits
short-term disability
life and long-term disability
bonding leave
holidays
sick leave
vacation