Collections Manager

ATLANTIC FEDERAL CREDIT UNION
Springfield, NJ Full Time
POSTED ON 12/18/2022 CLOSED ON 3/15/2023

Job Posting for Collections Manager at ATLANTIC FEDERAL CREDIT UNION

· Oversee all Collections Department functions

· Work with other departments in the efficient processing of member complaints, requests and disputes.

· Manage staff to collect on delinquent accounts

· Monitor and update Policy and Procedures to insure compliance and adherence.

· Report to Management and Board on delinquent loan status, negative shares and charge offs.

· Manage staff so that they are in compliance with Credit Union policies and procedures

· Ensures department compliance with all local, state and federal regulations.

· Manage all assets related to delinquent accounts and work with management to insure their liquidation

· Manage all activities related to delinquent and/or troubled accounts and make recommendations to management on their resolution

· Managed all the process of securing credit union collateral including monitoring force placed insurance.

· Manage resolution of credit disputes and settlements on charged of loans and shares

· Manage, review and approve the workout/modification of loans

· Provide support to inter- and intra-departmental staff as needed

Education and Skill Experience

· Bachelor’s degree or equivalent work experience

· 5-7 years’ financial institution experience with similar job functions

· At least 3 years’ experience with managing employees.

Job Type: Full-time

Pay: $55,000.00 - $65,000.00 per year

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Disability insurance
  • Health insurance
  • Life insurance
  • Paid sick time
  • Paid time off
  • Tuition reimbursement
  • Vision insurance

Physical setting:

  • Office

Schedule:

  • 8 hour shift
  • Monday to Friday

Work Location: One location

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Salary.com Estimation for Collections Manager in Springfield, NJ
$84,187 to $123,133
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