Onsite Collections Manager

Posted 4 hours ago

Apply now

About the role

  • Collections Manager developing and managing collection strategies for Nelnet Bank. Ensuring compliance, minimizing delinquency rates, and optimizing recovery processes with effective collaboration.

Responsibilities

  • Develop and implement effective collection strategies to control or minimize delinquency and charge-offs.
  • Monitor collection activities to ensure compliance with federal and state regulations, including FDCPA and UDAAP.
  • Analyze portfolio trends and prepare reports for senior management on collection performance and key risk indicators.
  • Collaborate with credit, risk, collection service providers and legal teams to resolve complex accounts and mitigate losses.
  • Utilize technology and data analytics to improve efficiency and effectiveness of collection processes.

Requirements

  • Bachelor’s degree in Finance, Business Administration, or related field (or equivalent experience)
  • At least 5 years of experience in collections management in an FDIC or OCC regulated bank; private student lending experience strongly preferred
  • Familiarity with advanced recovery strategies and legal processes
  • Proven analytical expertise
  • Strong oral and written communication skills
  • At least intermediate working knowledge of Excel, Word, and PowerPoint

Benefits

  • medical, dental, vision
  • HSA and FSA
  • generous earned time off
  • 401K/student loan repayment
  • life insurance & AD&D insurance
  • employee assistance program
  • employee stock purchase program
  • tuition reimbursement
  • performance-based incentive pay
  • short- and long-term disability
  • robust wellness program

Job title

Collections Manager

Job type

Experience level

Mid levelSenior

Salary

$100,000 - $105,000 per year

Degree requirement

Bachelor's Degree

Location requirements

Report this job

See something inaccurate? Let us know and we'll update the listing.

Report job