Consumer Loan Collection Manager jobs in Normal, IL

Consumer Loan Collection Manager manages a group of collection supervisors and develops collection strategies to minimize collection portfolio loss. Responsible for initial and ongoing training of all subordinate personnel. Being a Consumer Loan Collection Manager requires a bachelor's degree. Typically reports to a top management. The Consumer Loan Collection Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be a Consumer Loan Collection Manager typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)

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Manager Trainee - Peoria
  • Tower Loan
  • Peoria, IL FULL_TIME
  • Manager Development Program

    At Tower Loan, we believe in developing leaders. In 10-12 months, our full-time Manager Development Program will give you the knowledge, skills, and abilities to effectively provide an essential service for customers and become a leader in consumer finance.

    No previous experience is required - we will help you grow your career.

    If you want to work for a company that cares about your career as much as you do, then apply with Tower Loan.

    About Us:

    Tower Loan, one of America’s largest privately owned Consumer Finance companies, has been lending money to our customers for personal loans, home equity loans, and retail sales financing for over 80 years. To learn more about Tower Lower, visit https://bit.ly/3cIWAkt.

    Compensation: Earnings are based on a 45-hour workweek

    • During Training: $38,285 / year (Avg. Annual Earnings) uncapped bonus
    • After Training: $60k - $80k / year (Avg. Annual Earnings and bonus)

    Benefits & Advantages:

    • Skill development & growth opportunities
    • Complete position-based training program
    • Coaching and mentorship
    • Strong hire-from-within policy
    • Competitive salary & unlimited earning potential
    • Comprehensive benefit package
    • Awards, recognition, & appreciation

    Work Hours:

    • The work day begins at 8:15 am; Monday – Friday
    • Overtime and working Saturdays is required based on operational needs
    • As an MT, you will work an average of 45 hours every week
    • Extended office hours can vary based on the size of the branch

    Job Responsibilities:

    • Become proficient in customer service, sales and marketing, finance, and operations
    • Develop long-term customer relationships by listening to customer needs and recommending the best service via phone and in-person
    • Promote additional products to best serve new and existing customers
    • Contact customers regarding payment reminders and arrangements
    • Assist the Branch Manager to exceed established branch goals
    • Learn and provide support in management responsibility duties such as delegating employee workload and analyzing loan documents
    • Become proficient in all aspects of management such as recruitment, staff development, performance management, and leadership

    Required Qualifications:

    • High School degree or equivalent certification
    • Must have a valid driver’s license and reliable vehicle
    • Willingness to relocate upon promotion into management; your preference of relocation is considered, but not guaranteed. (Branch locations: MS, AL, LA, IL, MO, & TX)
    • Employment is contingent upon the successful completion of a background check, drug screening, and credit check.

    #INDHigh

  • 9 Days Ago

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Consumer loan specialist
  • OneMain Financial
  • Peoria, IL FULL_TIME
  • At OneMain, Consumer Loan Sales Specialists empower customers - listening to their needs and providing access to friendly, fast, and affordable financing for life's expenses. Consumer Loan Sales Speci...
  • 2 Days Ago

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Consumer Loan Specialist
  • Heights Finance Corporation
  • Pekin, IL FULL_TIME
  • Overview We service our communities by offering personal installment loans designed to help our customers get the money they need when they need it. The Consumer Loan Specialist assists both new and e...
  • 6 Days Ago

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Consumer Loan Specialist
  • CURO Financial Technologies Corp
  • Pekin, IL FULL_TIME
  • Overview We service our communities by offering personal installment loans designed to help our customers get the money they need when they need it. The Consumer Loan Specialist assists both new and e...
  • 6 Days Ago

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Customer Service Representative - Bloomington
  • Tower Loan
  • Bloomington, IL FULL_TIME
  • Great Opportunity! The heart of Tower Loan lies with our Customer Service Representative! Our representatives provide the best experience to our customers to earn their continued business. At Tower Lo...
  • 24 Days Ago

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Remote Work – Product Tester
  • Online Consumer Panels America
  • Vermont, IL FULL_TIME
  • Product Testers are wanted to work from home nationwide in the US to fulfill upcoming contracts with national and international companies. We guarantee 15-25 hours per week with an hourly pay of betwe...
  • 28 Days Ago

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0 Consumer Loan Collection Manager jobs found in Normal, IL area

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Head of Archival Processing
  • Oregon State University
  • Morton, IL
  • Please see Special Instructions for more details. When applying you will be required to attach the following electronic ...
  • 4/28/2024 12:00:00 AM

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Finance Director
  • City Of Pekin
  • Pekin, IL
  • The City of Pekin is currently accepting applications and resumes for a Finance Director. This position will serve as th...
  • 4/28/2024 12:00:00 AM

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Delivery Specialist
  • O'Reilly Auto Parts
  • Normal, IL
  • The Delivery Specialist will maintain and operate store vehicles to deliver parts and/or products to professional custom...
  • 4/28/2024 12:00:00 AM

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Account Manager - Email Channel Delivery
  • Epsilon
  • Normal, IL
  • Job DescriptionAs an Account Manager, Email Channel Delivery, you'll be responsible for the day-to-day management of ema...
  • 4/28/2024 12:00:00 AM

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Associate Client Solutions Manager
  • Epsilon
  • Normal, IL
  • Job DescriptionAbout this RoleOur company is looking for an Associate Client Solutions Manager to help us develop winnin...
  • 4/28/2024 12:00:00 AM

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Continuous Improvement Partner
  • Rivian
  • Normal, IL
  • About RivianRivianis on a mission to keep the world adventurous forever. This goes for the emissions-free Electric Adven...
  • 4/28/2024 12:00:00 AM

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Vice President - Finance
  • Illinois Mutual
  • Peoria, IL
  • Job Summary This position serves as Chief Financial Officer of the Company which includes directing the financial respon...
  • 4/27/2024 12:00:00 AM

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Vice President - Finance
  • Illinois Mutual
  • Peoria, IL
  • Job Summary This position serves as Chief Financial Officer of the Company which includes directing the financial respon...
  • 4/24/2024 12:00:00 AM

Normal is a town in McLean County, Illinois, United States. As of the 2010 census, the town's population was 52,497. Normal is the smaller of two principal municipalities of the Bloomington–Normal metropolitan area, and Illinois' seventh most populous community outside the Chicago metropolitan area. Normal's mayor is Chris Koos. The main campus of Illinois' oldest public university, Illinois State University, a fully accredited four-year institution, is in Normal, as is Heartland Community College, a fully accredited two-year institution. There is also a satellite campus of Lincoln College, w...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Consumer Loan Collection Manager jobs
$95,265 to $130,840
Normal, Illinois area prices
were up 1.3% from a year ago

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A consumer loan collection manager must be able to handle the development of strategies by him or herself, so the prior experience in the field as well as judgment to make decisions must be “up to par.” The consumer loan collection manager is expected to have a superior degree of creativity to the rest of the business, to ensure that the strategies used are superior to those used in the past when minimizing collection portfolio losses.
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