Corporate Collections Representative

Description:

To preserve the Credit Union's assets by controlling delinquent loan accounts, collecting delinquent loan payments and/or recovering collateral. Complies with all Credit Union rules and regulations, including BSA/AML, and Loan and Fair Lending Policies.

Monitors and works the Overdraft Privilege Program (ODP) reports daily. Answers internal and external ODP related questions and resolves issues quickly. Works with members and Collections Agency in setting up Fresh Starts, posts payments, and file maintains accounts. Processes charge-offs. Brings major issues or concerns to the attention of the Collections Manager.

Contacts delinquent accounts by phone and mail; takes appropriate action to bring current. Counsels members using knowledge of Credit Union guidelines, NCUA policies, as well as the Fair Debt Collections Practices Act. Uses collections techniques to maintain good relationships with delinquent members yet avoid losses.

Analyzes the financial situation of delinquent borrowers to determine possible modifications due to hardship. Collects on returned checks, delinquent property, taxes, and negative shares-- freezing shares as required. Submits delinquency loan activity for supervisor.

Typical Day

- working through the overdraft list that comes out daily. Working with customers to follow up on those accounts and when they can expect deposits/payments. Will enter any fees or refund any fees required. Working with branches to get folks off this list ASAP. Working with customers on payment plan or any other solutions. Will provide information on products the bank provides.

About TEKsystems:

We're partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opportunity. We are a team of 80,000 strong, working with over 6,000 clients, including 80% of the Fortune 500, across North America, Europe and Asia. As an industry leader in Full-Stack Technology Services, Talent Services, and real-world application, we work with progressive leaders to drive change. That's the power of true partnership. TEKsystems is an Allegis Group company.

The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.