Collections Specialist

Ashland, KY Full Time
POSTED ON 3/22/2024

At Ashland Credit Union (ACU), we look for people who are ready to Own Their Journey! Whether you are just beginning your career or looking to achieve more along your professional journey, ACU is a great place to get you on the path that best serves you and our members. If you have a passion to serve, a desire to work in a fast-paced environment and are willing to bring enthusiasm to work with you each day, then you may just find that ACU is the right fit for you.

Do you have a desire to reach higher and empower those around you? Then your journey brought you to the right place and we would like to meet you.

Life is a journey…Own it!

About Us:

Ashland Credit Union is a non-profit and member-owned credit union that has been providing exceptional service to members for over 80 years. Continued growth and adaptability are what has allowed ACU to always be a trustworthy answer for staff and members along whatever journey in life they are on. At Ashland Credit Union, we embolden our members to achieve their financial goals. Along life's journey, it is our mission that staff, members, and the community we serve can count on ACU for guidance as they strive to achieve more in life.

Position Summary:

ACU has an exciting opportunity for a Collection Specialist to join our Collection Department in Ashland, Kentucky. This position will be responsible for administrative duties within the Collection Department. Working with Collections Manager to assist members experiencing financial difficulty.

Job Responsibilities:

Monitor payments for delinquent status. Contact members by phone, text, and mail to assist them in developing plans to bring accounts current. Develop workout plans whenever possible.

Update files and system accounts via the credit union’s delinquent loan recovery system. Maintaining a detailed written record of all communications with members.

Maintain accurate data for repossession log and bankruptcy log.

Review delinquent accounts to determine when further collection action, making recommendation to Collection Supervisor for approval.

File proof of claims in bankruptcy case, coordinate with collection supervisor for referral to attorney as needed.

Prepare account files to be referred to repossession agent as needed.

Education & Experience Requirements:

2 years’ experience working in a financial services environment with at least 1 year in collections preferred.

Required Skills & Abilities:

High School diploma or equivalent

College degree preferred

Ashland Credit Union is committed to building a team that represents a variety of backgrounds, perspectives, and skills. We are committed to diversity and inclusion in the workplace and do not discriminate on the basis of race, sex, age, handicap, religion, natural origin or any other basis of protected class or where prohibited by law.

Salary.com Estimation for Collections Specialist in Ashland, KY
$36,748 to $47,601
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