Senior Special Credits Recovery Officer

Global Credit Union

$69K — $112K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • High school diploma or equivalent required.
  • Minimum four years in consumer collections with a record of effective account recovery.
  • Advanced knowledge of office equipment and collection software is essential.
  • Proven ability to handle challenging situations with good judgment.
  • Strong interpersonal skills to manage adverse interactions.

Responsibilities

  • Manage daily workflow for collection activities.
  • Oversee and recommend adjustments to recovery collection processes.
  • Prepare monthly reports and perform portfolio analyses.
  • Coordinate assignments with collection agencies and manage legal actions for recoveries.
  • Train staff on policies, laws, and procedures related to collections.

Benefits

  • Short-term and long-term incentives available.
  • Insurance options include comprehensive medical, dental, and vision plans with HSA/FSA.
  • 401(k) with a 5% employer match.
  • Employee Assistance Program (EAP) offered.
  • Life and disability coverage provided.
  • Voluntary cash benefits for specific illnesses available.
  • Tuition reimbursement options for continuing education.
  • Generous leave, including Paid Time Off, Paid Sick Leave, and Paid Holidays.
Full Job Description
Overview

Reports To: SC Recovery Manager

This is a Supervisory Position

Functions Supervised: Recovery

Primary Functions: Perform collection activity on assigned accounts.

Duties and Responsibilities:

  1. Perform all duties of a Special Credits Recovery Officer III.
  2. Responsible for the review of Recovery collection and associated work and for making recommendations regarding the need for adjustment in work routines.
  3. Responsible for daily management of work flow, responsible for general ledger accounting, preparation of monthly reports / portfolio analysis, daily processing / calendars, and processing collection agency assignment reports.
  4. Responsible for management of assignments and recalls to and from collection agencies and/or legal actions on collection accounts in order to optimize recoveries and minimize expenses.
  5. Develop and train staff to understand and comply with all policies, laws and procedures as they relate to collections.
  6. Perform other duties as assigned.


Qualifications

Education: High school graduate or equivalent.

Creditable Experience in Lieu of Education: Not Applicable

Experience/Skills: Must have at least four years experience in the consumer collection field with proven ability to effectively collect delinquent accounts. Must have advanced knowledge of all office equipment and systems used for collections to include credit card and active collection software products for daily, weekly, and monthly collection operations. Must have a proven ability to evaluate difficult situations and exercise good judgment. Must have good human relation skills and a strong personality to effectively handle adverse situations routinely.

Tenure: Not Applicable

Compensation

Starting base salary will be determined based on candidate experience, qualifications, education, and applicable local or state wage requirements, and will fall within the range provided below. In accordance with our Salary Administration policy, new hire base salaries generally fall between the minimum and midpoint of the listed range.

Salary Pay Range: 09

$69,557 - $112,677 annually

Benefits

  • Short-term and long-term incentives
  • Comprehensive medical, dental and vision insurance plan that has HSA and FSA options
  • 401(k) plan with a 5% match
  • Employee Assistance Program (EAP)
  • Life and disability coverage
  • Voluntary cash benefits for accident, hospitalization and critical illness
  • Tuition Reimbursement
  • Generous leave programs to include Paid Time Off accrual, Paid Sick Leave, Paid Holidays
  • Click here to view Global's comprehensive Benefits Programs

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