Concord Servicing Corporation

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Collections Manager

at Concord Servicing Corporation

Pay: $45,000 to $60,000/year
Concord is a company whose culture involves a business casual environment dedicated to change, improvement, & teamwork. We offer a competitive salary and generous benefit package including: Medical/Dental/Vision PPO Plan; Life and AD&D Insurance; Short and Long Term Disability; 401(k) Plan; Paid Holidays & Vacation; Paid Sick & Personal Time Off; and Tuition Assistance. Additional perks for working at Concord: Business Casual Dress Code; Attendance Bonuses; Suggestion Awards; Employee Recognition Programs; and Company/Community Activities. We support workplace diversity and promote a drug free work environment.
Posted: 10/1/2019
Job Status: Full Time
Job Reference #: JCM 10/19
Keywords:

Job Description

Summary:  Manages the Default Collection department workflow and collections personnel in accordance with applicable laws, the organization's policies, and the department’s performance objectives. Participation and over site extends to Technology Resources, Compliance, collection personnel in other office locations including outside of the U.S., and supporting management of Client Relationships.

Essential Duties and Responsibilities:

Managing Workflow

 

30%

·    Learn and be familiar with Client portfolios; debt type, servicing parameters, special considerations

·    Incorporate industry best practices with internal perspective to implement collection strategies

·    Understand and articulate collections reports and results to clients, and co-workers at all levels

·    Set department performance goals; track and report on the goals.

·    Institute appropriate activities to minimize uncollectible debt and maximize contact rates.

·    Run Console (workflow management system), have ability to demo console and train users.

·    Run Dialer, have ability to demo dialer and train users.

·    Perform all collections procedures as documented in the Global Procedures Folder, held by I/A

·    Handle call escalations, complaints and communication with clients regarding account issues

Managing Personnel

 

25%

·    Manage collection staff, staffing projections, schedules and attendance

·    Coordinate staff training, collector certifications, and determine other learning opportunities

·    Deliver frequent performance reviews and annual employee performance appraisals.

·    Mentor and motivate staff, hold regular staff meetings, prepare frequent contests/incentives

·    Compute, track and report Collector Commissions

·    Develop, track, and report on KPIs, provide feedback and support improvement and success

Compliance

 

15%

·    Monitor collector activity and communication to ensure compliance to policy and procedures

·    Create and/or facilitate development of compliance policies

·    Participate in industry conferences, training, certifications to enhance compliance knowledge and stay in line with industry compliance news

·    Frequently review workflow systems compliance controls for accuracy and conformity

Client Relationships

 

15%

·    Participate in client conference calls and client visits-audits

·    Instruct console and dialer demos for present and future clients as needed

·    Correspond with clients on compliance news, business services and best collection practices

Technology Resources

 

15%

·    Engage in technology discussions, enhancements, upgrades, issues

·    Operate collection workflow system (console) and Collection Dialer

Skill / Requirements

Qualification/Requirements:

  • Must have excellent analytical skills, and effectively present information, both written and oral.
  • Must be willing to travel 6-8 times a year and work in excess of 40 hours per week to meet business demands
  • An accounting or finance degree, or equivalent combination of education and experience- collections experience (5 years), supervisory/management experience (3 years), predictive dialer management, I3 Dialer experience a plus.
  • Prior experience in evaluating employee performance including compliance and quality experience
  • Knowledge of FDCPA and State rules and regulations
  • A thorough working knowledge of Microsoft Office products.

Important Notes

Please submit resume via Recruiting.com site. No calls please.