Underwriting Collections Manager Auto Finance for Buy Here Pay Here Dealer

Fast Auto Credit • Emmaus, PA

406d • $60,000 - $70,000

About The Position

The Underwriting Collections Manager for Auto Finance at Fast Auto Credit is responsible for overseeing the collections-underwriting department. This role is essential for managing the collection process, ensuring timely payments, and maintaining positive client relationships. The ideal candidate will implement effective collection strategies, lead a team of collectors, and analyze financial data to enhance overall performance.

Requirements

• Proven experience in collections management or a related field within the banking or finance industry.
• Strong knowledge of financial analysis, credit analysis, and loan processing procedures.
• Proficiency in financial report writing and the ability to interpret complex financial data.
• Excellent math skills with a keen eye for detail.
• Demonstrated ability to negotiate effectively with clients while maintaining professionalism.
• Familiarity with underwriting processes is a plus.

Responsibilities

• Develop and implement collection strategies to maximize recovery rates while minimizing losses.
• Supervise and train the collections team to ensure compliance with company policies and regulatory requirements.
• Analyze financial reports and credit data to assess risk and make informed decisions regarding collections.
• Negotiate payment plans with clients to facilitate timely debt recovery.
• Conduct quantitative research to identify trends in collections and recommend improvements.
• Collaborate with underwriting and loan processing teams to ensure accurate account management.
• Maintain detailed records of collection activities and prepare reports for management review.
• Address escalated customer inquiries or disputes regarding their accounts effectively.

Benefits

• Health insurance
• Dental insurance
• 401(k)
• Paid time off
• Vision insurance

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed