Credit and Collections Clerk jobs in Illinois

Credit and Collections Clerk collects and maintains accurate credit information. Reviews and verifies overdue accounts. Being a Credit and Collections Clerk contacts customers to confirm outstanding payments and renews credit information to help minimize outstanding debts. Requires a high school diploma. Additionally, Credit and Collections Clerk typically reports to a manager. The Credit and Collections Clerk works under the close direction of senior personnel in the functional area. Possesses a moderate understanding of general aspects of the job. May require 0-1 year of general work experience. (Copyright 2024 Salary.com)

S
Collections Manager
  • Scott Credit Union
  • Collinsville, IL FULL_TIME
  •  
     
     

    Scott Credit Union is looking to hire a full-time Collections Manager to join our amazing Collections team. This position works onsite in our Collinsville Branch, Monday thru Friday normal business hours.  

     

    Purpose, Mission, Vision, Values

    At Scott Credit Union, we are committed to upholding our purpose, mission, vision, and values. Our Purpose guides everything we do as an organization and is supported by our actionable Mission, Vision, and Values. If our chosen purpose, mission, vision, and values resonates with you and you want to find meaning in your work, we hope you will apply to become a part of our team!

     

    Purpose:
    To be with our members through every phase of their financial journeys, providing financial solutions that support them, their families, and their communities.
     
    Mission:
    Members. Value. Community.
     
    Vision:
    Building Better Financial Futures.
     
    Values:
    Accountability
     - we take pride and ownership in all we do.
    Diversity
     - we are committed to fostering a diverse, equitable, and inclusive work environment.
    Growth
     - we encourage the professional development of our employees.
    Integrity
     - we maintain the highest ethical standards.
    Service Excellence
     - we are devoted to continuously "WOW"ing our members and colleagues through the 3e Promise.

     

    Why You Should Join Our Team 

    Scott Credit Union is a recipient of the St. Louis Post-Dispatch Top Workplaces Award 2023, the tenth time since 2012. This year, SCU was recognized as one of the Top Workplaces for our dedication to our people-first culture. The Top Workplaces award highlights SCU’s commitment to creating a positive and supportive work environment, where employees thrive and contribute to the organization’s overall success. Our team is our #1 priority, and we are proud to offer great benefits and perks, such as 11 paid holidays, competitive paid time off (PTO), Short-Term Disability (STD) that includes maternity leave, 401k with employer match, medical, dental, vision, and other insurance options, educational reimbursement program, employee assistance programs, opportunities for career advancement, casual “dress for your day” dress code, a positive team-oriented culture, and much more! A comprehensive benefit guide with a full list of our benefits can be found on our career page, scu.org/careers/

     

    The Day to Day as the Collections Manager 

    The Collections Manager provides leadership and strategic direction to the collection and loss mitigation activities of the credit union related to the consumer, credit card, and mortgage portfolios.  The Collections Manager is responsible for overseeing collection efforts by analyzing the credit quality of the portfolio, managing delinquent accounts, and implementing collections strategies. A typical day will look like:

    • Directs and monitors the collection activity for the credit union to ensure that the credit union meets established delinquency goals and objectives, while at the same time trying to help the membership maximize its experience with the credit union.
    • Exhibit strong leadership presence by engaging staff in modeling and setting clear expectations. Maintain a high level of cooperation and rapport with staff to ensure accurate and efficient operations and service.
    • Monitor progress of department staff and mentor staff to ensure achievement of  performance goals.
    • Maintains a systematic process for identifying delinquent accounts of borrowers and establishes methods and procedures for immediately responding to delinquent situations with collection activity.
    • Develops, coordinates, and administers loss mitigation strategies to minimize credit losses in the consumer and residential portfolios.
    • Monitor tracking systems for all bankruptcies, suits, foreclosures, and other post charge off activity. Monitor collection practices and procedures and maintain a written procedures manual regarding all collection functions including garnishments, judgments, and other legal proceedings.
    • Implements reporting and monitoring of Key Performance Indicators.
    • Stays current with all provisions of the Federal and State bankruptcy codes and regulations as well as repossession and collection laws.
    • Monitors and communicates on the department’s performance against operational goals and objectives to senior management and the Board of Directors.
    • Maximize recovery and collection of Credit Union assets from delinquent and charge-off accounts.
    • Prepare monthly executive reporting. 
       

    Are You a Good Fit?

    Ask yourself the below questions to help determine if this job is the right fit for you.

    • Do you enjoy engaging with people and providing exceptional customer service?
    • Are you passionate about leading, coaching, and motivating others?
    • Do you thrive in a fast-paced environment?
    • Are you detail-oriented and like working with numbers?
    • Do you enjoy working in a diverse environment with diverse members?
    • Do you take pride and ownership in all that you do?
    • Are you looking for a job where you can develop professionally?

     

    If you answered yes to these questions, we hope you apply!

     

    To Be Considered, You’ll Need:

    • Bachelor’s degree or equivalent work related experience.
    • Five years’ work experience in a financial institution or five years’ experience as a Collections Manager. 
    • Experience with automated collections systems and Microsoft® Office products. 
    • Working knowledge of federal bankruptcy laws as well as state and federal lending regulations.

     

    Preferred Qualifications That Could Set You Ahead:

    • Experience with Akcelerant/Temenos, and Symitar. 

     Pay Range/Salary Range: 

    • The typical pay range for this role is: $80,600.00 to $104,520.00

    Are You Ready to Join Our Team?

    If this sounds like the right opportunity for you, we hope you apply today! If selected as a candidate, next steps may include a phone interview to go over the basics and/or an in-person interview to learn more about your experiences and qualifications.

  • 17 Days Ago

S
Collections Specialist
  • Scott Credit Union
  • Collinsville, IL FULL_TIME
  • Scott Credit Union is looking to hire a full-time Collections Specialist to join our amazing Collections team in our Collinsville Branch. This position will be onsite Monday thru Friday normal busines...
  • 17 Days Ago

R
Credit & Collections Specialist
  • Rakuten International
  • Schaumburg, IL FULL_TIME
  • Job Description : Rakuten Rewards offers a casual but fast paced environment where creativity and effective teamwork and collaboration are rewarded. We are passionate about changing the way people sho...
  • 23 Days Ago

E
Supervisor, Credit & Collections
  • Encore Global
  • Schiller Park, IL FULL_TIME
  • Position Overview Responsible for managing specific aspects of the credit risk of Encore’s customers and the collection of open account receivable balances. The position will be responsible for superv...
  • Just Posted

N
Credit and Collections Analyst
  • Navistar, Inc.
  • Lisle, IL FULL_TIME
  • Position OverviewNavistar Financial Corporation is seeking a Credit and Collections Analyst for the NFC Collections and Asset Management Group. The Credit and Collections Analyst handles all facets of...
  • 1 Day Ago

Z
AR, Credit, & Collections Manager
  • Zurn Elkay
  • Downers Grove, IL FULL_TIME
  • AR, Credit, & Collections ManagerThe CompanyZurn Elkay Water Solutions Corporation is a thriving, values-driven company focused on doing the right things. We're a fast growing, publicly traded company...
  • 2 Days Ago

L
Budget Director
  • Lucas County Board of Commissioners
  • Toledo, OH
  • POSITION: Budget Director LOCATION: Office of Management and Budget Lucas County Commissioners Suite 800 - One Governmen...
  • 3/28/2024 12:00:00 AM

E
showroom sales account executive
  • Edite Inc
  • New York, NY
  • EDITE showroom is a boutique fashion agency specializing in wholesale and representing an eclectic mix of cutting-edge l...
  • 3/28/2024 12:00:00 AM

E
Sales and Rental Associate
  • Equity LifeStyle Properties, Inc.
  • North Fort Myers, FL
  • Located just 3 miles from downtown Fort Myers, FL, this North Fort Myers 55+ retirement mobile home community is quality...
  • 3/28/2024 12:00:00 AM

E
Credit & Collections Specialist
  • Encore Glass
  • Fairfield, CA
  • Job Description Job Description We are looking for an independent, self-starter with an eagerness to learn to join our A...
  • 3/28/2024 12:00:00 AM

H
Director, Allowance for Credit Loss
  • Hilltop Holdings
  • Dallas, TX
  • Hilltop Holdings Inc. (NYSE:HTH) is a Texas-based diversified financial holding company specializing in banking, mortgag...
  • 3/28/2024 12:00:00 AM

E
Account Coordinator
  • Eastman Kodak Company
  • Dayton, OH
  • The Account Coordinator will build and maintain strong client relationships by serving as the lead point of contact for ...
  • 3/28/2024 12:00:00 AM

E
Account Coordinator
  • Eastman Kodak Company
  • Rochester, NY
  • The Account Coordinator will build and maintain strong client relationships by serving as the lead point of contact for ...
  • 3/28/2024 12:00:00 AM

I
Order Management Associate
  • IEEE
  • Piscataway, NJ
  • Job Description Job Description This position will work closely with all IEEE Account Managers, Inside Sales Reps, Inter...
  • 3/27/2024 12:00:00 AM

Illinois (/ˌɪlɪˈnɔɪ/ (listen) IL-ih-NOY) is a state in the Midwestern and Great Lakes region of the United States. It has the fifth largest gross domestic product (GDP), the sixth largest population, and the 25th largest land area of all U.S. states. Illinois is often noted as a microcosm of the entire United States. With Chicago in northeastern Illinois, small industrial cities and immense agricultural productivity in the north and center of the state, and natural resources such as coal, timber, and petroleum in the south, Illinois has a diverse economic base, and is a major transportation hu...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Credit and Collections Clerk jobs
$40,077 to $51,948

Credit and Collections Clerk in Albany, GA
Credit and collections clerk positions are often entry-level, although many firms seek up to several years of experience.
November 27, 2019
Credit and Collections Clerk in Bergenfield, NJ
And when it comes to credit and collections roles, which greatly impact your organization's financial health by maintaining the integrity of your client accounts, timeliness is everything.
December 30, 2019
Credit and Collections Clerk in Laramie, WY
Experience with medical billing and collections terminology – CPT, HCPCS and/or ICD-9 coding.
February 17, 2020