Credit and Collections Director leads the overall credit function. Designs and implements processes to improve cash flow and reduce receivables. Being a Credit and Collections Director develops policies regarding the investigation of customers, extension of credit lines, and collections. Consults with current and future clients regarding their level of credit. Additionally, Credit and Collections Director oversees the negotiation and course of action taken for overdue accounts. Typically requires a bachelor's degree. Typically reports to top management. The Credit and Collections Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. To be a Credit and Collections Director typically requires 5+ years of managerial experience. (Copyright 2024 Salary.com)
This is a great opportunity for an individual with excellent communication and negotiation skills who has a desire to assist members in resolving their financial challenges. Performing all aspects of collecting, including contacting delinquent accounts, creating repayment strategies, coordinating repossessions and filing the appropriate paperwork while executing the credit union policies, objectives and goals.
The Collection Specialist is responsible for performing various collection duties on Consumer Vehicle loans, consumer personal loans, and credit cards in various stages of delinquency. This position is responsible for control and resolution of delinquent loans and credit card accounts in order to minimize losses. The will work quickly and accurately to contact customers to determine a reason for payment delinquency and negotiate a payment commitment while maintaining a professional and pleasant demeanor. Using a computerized system for tracking, information gathering, and troubleshooting, you will complete phone calls to meet required performance standards and metrics. You will be responsible for research and follow-up on issues relating to these accounts. The goal of this role is to effectively reduce delinquency, losses and increase recoveries.
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0 Credit and Collections Director jobs found in Richmond, VA area