Collections Manager

East Windsor, New Jersey | Direct Hire

Post Date: 05/10/2018 Job ID: 522

Collections Manager

 

Are you experienced in Collections and have managed staff? If so, our client in central New Jersey is looking for a Collections Manager to lead their team. This world class financial institution is growing utilizing cutting-edge technology to grow its client base. Great benefits including 401k with a generous match, multiple flexible spending accounts, profit sharing, on site gym and a lot more!

 

Responsibilities of the Collections Manger:
  • Manage and develop a staff of up to 3 collectors.
  • Researches the activity of delinquent accounts.
  • Maintain activity report on late potential and delinquent loan status.
  • Coordinates with others in department and for effective delinquency control.
  • Skip Trace on Lexis Nexis to locate members.
  • Pull credit reports using Experian.
  • Requests appropriate collection letters to be sent by attorney’ s office and collection agencies.
  • Prepares file for litigation for attorneys.
  • Process charge off recovery payments
  • Creates scheduled charge-off and exception lists in Excel for managerial review.
  • Adheres to Bankruptcy Laws and process bankrupt accounts
  • Adheres to Repossession Laws and follow up with Repossession Agents through the sale of the vehicle.
  • Responds to Consumer Disputes.
  • Respond to IRS & Child Support Levies.
  • Monitor and follow up on automobile insurance claims for payoff.
  • Review collection policies for accuracy

 

Requirements of the Collections Manger:

 

 
  • Bachelors Degree
  • 5 + years’ experience in Collections
  • 2+ years’ experience as a manager
  • Experience with bank accounts and loans

 

 

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