Skip Tracer Collector - Ridgeland, MS

BankPlus•Ridgeland, MS

1d•Onsite

About The Position

Responsible for the collection of outstanding loan balances in accordance with lending policies and procedures established by senior management. This position will work with the Collections Team to analyze information to conduct in-depth investigations to locate unrecovered debts. The Skip Tracer Collector will use available resources to gather information while adhering to federal regulations.

Requirements

Five (5) years Collections experience, with two (2) years’ experience working directly in skip tracing
Previous experience in foreclosures, repossessions, and bankruptcies
General computer and typing experience with Microsoft Office Suite, to include Excel, Word, and Outlook
Excellent verbal and written communication skills
Extensive reading as needed.
Ability to make difficult decisions and handle multiple tasks.

Nice To Haves

Bachelor's degree preferred

Responsibilities

Assist the Collectors with reviewing and managing a list of assigned delinquent accounts utilizing Collections Department software.
Contact customers regarding their delinquent accounts to negotiate repayment, extensions, or rework of distressed loans.
Skip trace customers utilizing in-house tools and software to renew contact and collection efforts.
Conduct in-depth investigations to locate debtors by using available resources while adhering to regulations such as the Fair Debt Collection Practices Act (FDCPA), the Consumer Financial Protection Bureau (CFPB), the Soldiers and Sailors Relief Act, and bankruptcy procedures.
Recommend accounts for and follow through with procedures on repossessions, foreclosures, charge-offs and liquidations.
Interface with the Bank’s legal counsel and security team regarding assigned accounts in bankruptcy and/or foreclosure.
Research and recommend new collection procedures to ensure the effective collection of past due loans.
Maintain a thorough knowledge of Bank products, services, policies, procedures and appropriate regulatory issues as related to daily job functions including but not limited to: Bank Secrecy Act; Privacy Act; Fair Lending Act; Regulation E, etc.
Complete required compliance training and adhere to the Bank’s standard of conduct.
Participates in the bank’s High-Performance Rewards Connections program.
Makes referrals to the Mortgage Center and Wealth Management.
Performs other duties as requested.