Credit and Collections Director jobs in Sacramento, CA
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)
Recently Added Credit and Collections Director jobs
Director - Credit Risk
- Golden 1 Credit Union
-
Sacramento, CA
FULL_TIME
-
TITLE: DIRECTOR - CREDIT RISK
STATUS: EXMEPT
REPORTS TO: VP - FINANCE
DEPARTMENT: CREDIT RISK
JOB CODE: 11549
PAY SCALE: $152,300.00 - $185,000.00 ANNUALLY
GENERAL DESCRIPTION:
Responsible for leading and directing all aspects of Credit Risk within the organization. Credit Risk is ultimately responsible for identifying, measuring, reporting, and managing the Credit Risk function within the organization. Credit Risk will perform this function by conducting ongoing in-depth portfolio risk analyses and performance monitoring to protect Golden 1’s assets including identifying mitigating controls and measures to mitigate credit exposure related to loan products (including loan participations purchased) and other member products and services with a credit element (i.e. Courtesy Pay, credit qualification for deposit products, deposit withdrawal limits, minimum opening account amounts). Monitors industry and internal credit risk exposures and operational risk considerations, with the goal of reducing overall risk. Works closely with leadership in Finance, Lending, and Product Analytics & Risk to develop and communicate policies and programs directed at mitigating credit risk.
TASKS, DUTIES, FUNCTIONS:
1. Understand, evaluate and direct Golden 1’s credit culture, underwriting, related lending policies, risk profile, portfolio and product concentration risks, including geographic, industry, risk rating methodology, and other aggregate credit characteristics.
2. Train, develop and direct the Credit Risk Team they are monitoring (1) loan portfolio performance including static pool analysis (2) credit risk trends including quality, product, economic, and underwriting standards and (3) conditions affecting collateral values and identify resultant credit exposures.
3. Foster a positive and engaging work environment for each team member by promoting skill development, coaching for improvement and growth, inspiring others through your words and actions, ensuring positive employee morale throughout Golden 1, and embracing our mission, vision and core values.
4. Responsible for ensuring the Credit Risk Management Committee (CRMC) obtains sufficient information and analysis to allow the committee to discharge its fiduciary responsibilities for credit risk. This will include the development and presentation of comprehensive and relevant reporting to the CRMC.
5. Responsible for ensuring the creation, implementation and reevaluation of best practice credit risk-related procedures and policies throughout the credit union.
6. Perform risk reviews as needed for member products and services.
7. Evaluate and recommend credit policies and procedures as appropriate to CRMC.
8. Contribute to enhancing loan policies as needed to fulfill credit risk functions and goals.
9. Partner with Lending and Product Analytics & Risk to monitor and evaluate ongoing performance of custom score (AI) models used in the loan decisioning process.
10. Maintain a thorough understanding of state and federal laws and regulations related to credit union compliance including bank secrecy and anti-money laundering laws appropriate to the position.
11. Develop and maintain an understanding of the pertinent regulatory requirements and risks inherent to job responsibilities. Establish and maintain control activities that mitigate those risks consistent with the Credit Union’s risk appetite and ensure operational integrity and compliance with applicable regulations.
PHYSICAL SKILLS, ABILITIES, AND EXERTION UTILIZED IN THE PERFORMANCE OF THESE TASKS:
1. Effective oral and written communication skills required to make presentations, and discuss products and services.
2. Must possess sufficient manual dexterity to skillfully operate an on-line computer terminal and other standard office equipment, such as financial calculators, personal computer, facsimile machine and telephone.
ORGANIZATIONAL CONTACTS & RELATIONSHIPS:
1. INTERNAL: All departments, all levels of management. May make regular reports to the Credit Policy, Strategy and Credit committees.
2. EXTERNAL: Peers in other financial institutions.
QUALIFICATIONS:
1. EDUCATION: Bachelor’s Degree in related field or equivalent work experience.
2. EXPERIENCE: 8 years or more experience as a Lender or in Credit Risk or Credit Administration at a financial institution. Demonstrated experience performing consumer and real estate credit risk management functions. Commercial credit risk experience is a plus.
3. KNOWLEDGE/SKILLS: Excellent knowledge of credit risk, project management, audit and business analysis. Excellent planning, time management, decision-making, presentation, organization, and interpersonal skills. Working knowledge of personal computer operations and various credit modeling/software applications such as SAS, R, or Python.
PHYSICAL REQUIREMENTS:
1. Prolonged sitting throughout the workday with occasional mobility required.
2. Corrected vision within the normal range.
3. Hearing within normal range. A device to enhance hearing will be provided if needed.
4. Occasional movements throughout the department daily to interact with staff, accomplish tasks, etc.
5. Unusually long work hours may be required to accomplish tasks.
LICENSES/CERTIFICATIONS:
None
REV. 2/8/2024 - 17 Days Ago
Collections Representative (Sac County)
- Golden 1 Credit Union
-
Sacramento, CA
FULL_TIME
- JOB TITLE: Member Care Rep 1 DEPARTMENT: Member Care STATUS: Non - Exempt JOB CODE: 1750 PAY SCALE: $20.00 - $21.50 Hourly GENERAL DESCRIPTION: Communicates and interacts with members for the prompt r...
- 1 Day Ago
Director - Credit Risk
- Golden 1 Talent Acquisition Team
-
Sacramento, CA
FULL_TIME
- TITLE: DIRECTOR - CREDIT RISKSTATUS: EXMEPTREPORTS TO: VP - FINANCEDEPARTMENT: CREDIT RISKJOB CODE: 11549 PAY SCALE: $152,300.00 - $185,000.00 ANNUALLY GENERAL DESCRIPTION: Responsible for leading and...
- 16 Days Ago
Director- Credit Risk
- Judge Group
-
Sacramento, CA
FULL_TIME
- Location: Sacramento, CASalary: $152,300.00 USD Annually - $185,000.00 USD AnnuallyDescription: Our client is currently seeking a Director of Credit RiskThis position will be hybrid onsite in Sacramen...
- 1 Month Ago
Director - Enterprise Communications
- Golden 1 Credit Union
-
Sacramento, CA
FULL_TIME
- TITLE: Director - Enterprise Communications STATUS: Exempt REPORTS TO: VP - Enterprise Communications DEPARTMENT: Human Resources Admin JOB CODE: 11204 PAY RANGE: $140,500.00 - $160,000.00 Annually GE...
- 15 Days Ago
IT - Information Admin - Director - Fraud Technologies
- Golden 1 Credit Union
-
Sacramento, CA
FULL_TIME
- TITLE: DIRECTOR - FRAUD TECHNOLOGIES STATUS: EXEMPT REPORTS TO: VICE PRESIDENT - SECURITY, TECH INFRASTRUCTURE, FACILITIES DEPARTMENT: IT - INFORMATION ADMINISTRATION JOB CODE: 11604 PAY RANGE: $166,1...
- 23 Days Ago
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0 Credit and Collections Director jobs found in Sacramento, CA area
Coordinator, Property & Client Services - Westfield Galleria at Roseville
- Unibail-Rodamco-Westfield
-
Roseville, CA
- We are currently looking for our: Coordinator, Property & Client Services What we offer Reporting to the General Manager...
- 4/26/2024 12:00:00 AM
Human Resources Manager III
- Sacramento County, CA
-
Sacramento, CA
- Salary : $160,567.20 - $177,041.52 Annually Location : Sacramento, CA Job Type: Permanent Full-Time Job Number: 28970-B ...
- 4/26/2024 12:00:00 AM
Director of Membership, Marketing and Communications
- California Farm Bureau Federation
-
Sacramento, CA
- SUMMARY: The Director of Membership, Marketing and Communications is responsible for the planning and directing of all s...
- 4/26/2024 12:00:00 AM
Stormwater Utility Worker
- Sacramento County, CA
-
Sacramento, CA
- Salary : $57,399.12 - $69,739.20 Annually Location : Sacramento, CA Job Type: Permanent Full-Time Job Number: 29418-C De...
- 4/25/2024 12:00:00 AM
Food Service Worker
- Sacramento County, CA
-
Sacramento, CA
- Salary : $40,653.36 - $44,808.48 Annually Location : Sacramento, CA Job Type: Permanent Full-Time Job Number: 28006-B De...
- 4/24/2024 12:00:00 AM
Environmental Legislative and Regulatory Affairs Manager
- Sacramento County, CA
-
Sacramento, CA
- Salary : $149,855.76 - $165,223.44 Annually Location : Sacramento, CA Job Type: Permanent Full-Time Job Number: 29663-A ...
- 4/24/2024 12:00:00 AM
Director of Heath Services (LVN or LPN)
- MBK Senior Living
-
Elk Grove, CA
- Director of Heath Services (LVN or LPN) At MBK Senior Living, we're committed to putting people first - our residents an...
- 4/23/2024 12:00:00 AM
Director of Rooms
- Citizen Hotel
-
Sacramento, CA
- Job Summary: Responsible for the overall planning organizing and coordinating of the Rooms Division consisting of Front ...
- 4/23/2024 12:00:00 AM
About Sacramento, California
Sacramento (/ˌsækrəˈmɛntoʊ/ SAK-rə-MEN-toh; Spanish: [sakɾaˈmento]) is the capital city of the U.S. state of California and the seat of Sacramento County. Located at the confluence of the Sacramento River and the American River in Northern California's Sacramento Valley, Sacramento's estimated 2018 population of 501,334 makes it the sixth-largest city in California and the ninth largest capital in the United States. Sacramento is the seat of the California Assembly, the Governor of California, and Supreme Court of California, making it the state's political center and a hub for lobbying and th...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Credit and Collections Director jobs
$160,890 to $231,221
Sacramento, California area prices
were up 2.5% from a year ago
were up 2.5% from a year ago
What does a Credit and Collections Director do?
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