Collections Account Manager responsible for collecting outstanding balances on various platforms. Monitoring accounts and providing timely resolutions as part of the corporate finance team.
Responsibilities
Responsible for the early-stage collections on majority commercial and some consumer accounts.
Prioritizes collections of accounts within team.
Identifies process gaps and recommends solutions for improvements.
Problem solves a solution for early defaults and collapses and presents to management.
Responsible for reducing the collapse rate.
Track and report (excel and qualitative feedback) on work queue results.
Controls the negotiation with customers on payment timelines, partial payments, default fees, etc.
Responsible for operational issues.
Performs other duties as assigned.
Requirements
1 year minimum of collections experience in auto loans, commercial collections, and financial institutions portfolios
Self-motivated individual with initiative and flair for identifying process gaps or opportunities for improvement
Strong communication skills – listening to customers and understanding their situation
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