Recent Searches

You haven't searched anything yet.

9 Collection specialist Jobs in New York, NY

SET JOB ALERT
Details...
Stellar Management
New York, NY | Full Time
$41k-52k (estimate)
Just Posted
Paul Weiss Rifkind Wharton Garrison
New York, NY | Full Time
$48k-61k (estimate)
6 Days Ago
Fairstead
New York, NY | Full Time
$136k-186k (estimate)
2 Weeks Ago
Stellar Management
New York, NY | Full Time
$48k-61k (estimate)
3 Weeks Ago
S&P Global
New York, NY | Full Time
$40k-50k (estimate)
2 Months Ago
Cognizant
New York, NY | Full Time
$46k-68k (estimate)
1 Month Ago
Services For The Underserved, Inc.
New York, NY | Full Time
$47k-59k (estimate)
6 Months Ago
Collection specialist
Fairstead New York, NY
$136k-186k (estimate)
Full Time 2 Weeks Ago
Save

Fairstead is Hiring a Collection specialist Near New York, NY

Responsible for all aspects of rent collection & Landlord / tenant relations. Monitors resident ledgers, delinquency reports, uncollectible rent, and uncollectible other income reports.

Provides coaching to site team members for rent collection techniques, resident communication, and reporting. Works directly with Financial Managers to create and implement rent collection programs aimed at meeting and exceeding rent collection and uncollectible rent / uncollectible other income goals.

Acts a liaison between landlord and outside legal counsels. Assist with filing and following up on all legal matters (evictions, non-compliance, etc.

RESPONSIBILITIES :

Resident Inquiries and Financial Matters

  • Issue letters and call residents re : arrears before referring to LLT Counsel.
  • Respond to resident inquiries re : case status and ledger matters.
  • Liaise with Accounting Staff re : ledger matters.
  • Analyze resident ledgers for accuracy and suggest and adjust as needed.
  • Research and resolve payment discrepancies / resident's queries as needed.
  • Track and enforce payment plans and consents.
  • Responsible for overseeing the preparation and delivery of resident communication to encourage timely payment of charges due and facilitate the collection of delinquent accounts.
  • Establish, oversee, and participate in the implementation of a new resident orientation program for all assigned properties, with the objective of setting clear expectations regarding the lease requirements, as they relate to payment of rent.
  • Oversee and participate in resident meetings to review account balances, rent court status, delinquency history, and any topics related to their ability to meet the financial obligations of their lease agreement.
  • Monitors Delinquency Memos as a tool to oversee collection process on multiple sites and enters memos when directly acting on a specific resident account.

Landlord Tenant functions

  • Ensure landlord tenant cases are moving forward with court timeline.
  • Confirm with Management cases to move forward with law firms for nonpayment cases / holdover.
  • Work with CM to gather documentation to commence nonpayment and holdover cases.
  • Ensure all affidavits are executed by the appropriate parties and sent to outside counsel.
  • Review monthly attorney bills for any discrepancies, account review and validation of charges.
  • Upload court stipulations and update tenant record / files on Yardi.
  • Update court disposition on Yardi with any relevant court dates.
  • Track warrants and evictions and update tenant record / files on Yardi.
  • Other related duties, as needed.

DHCR

  • Gather and provide all necessary documents for DHCR (Division of Housing and Community Renewal) complaints / cases required by outside counsel.
  • Update shared DHCR files, court documents and correspondence to Yardi.

Reporting

  • Maintain accurate reports of DHCR cases.
  • Update reporting on legal cases in Yardi.
  • Maintain monthly report on all outstanding severed rents and fees.
  • Run monthly arrears reports for new rent demands.
  • Update tenant's status on Yardi.
  • Prepare other reports as needed.

Documentation for Access and Repair Issues

Update CM with repair requests and access dates required by court stipulations.

Form Notices and Form Agreements

  • Send out initial notices for nonpayment (5-day notices), as needed.
  • Assist CMs and ACMs with standard notices for lease violations.
  • Prepare payment agreements.
  • Prepare riders and early termination agreements with appropriate review by counsel.
  • Prepare concession agreements with appropriate review by counsel and guidance from CM, AM.
  • Prepare surrender agreements for move out inspections.
  • Prepare other agreements, correspondence as needed.

OTHER JOB DUTIES :

Performs other related duties as required.

BENEFITS :

  • Generous employer contribution for Medical and Dental through United Healthcare.
  • Employer Paid Vision Plans.
  • Company Matched 401(k) Retirement Plan : 100% of the first 3%; 50% of the next 2%.
  • 12 paid Holidays.
  • 15 days of PTO.
  • 7 Sick days.
  • Employer Paid Life Insurance.
  • Flexible Spending Account.
  • Nationwide Pet Insurance.
  • Disability Insurance.
  • Laser Correction Discount.
  • Employee Discounts on appliances, apparel, and more.

Requirements

QUALIFICATIONS :

  • Minimum 3 years of experience in legal administration.
  • Knowledge of the NYC residential market.
  • Knowledge of NYC landlord laws.
  • Proficient in Microsoft Office Suite.
  • Strong written and verbal communication skills.
  • Great Customer Service skills
  • Able to learn and work with property management applications
  • Quick learner and great attitude.
  • Able to effectively present information and respond to questions from management, vendors, and associates.
  • Adhere to tight deadlines and quick turnaround for deliverables.
  • Ability to work collaboratively in a dynamic environment where adaptability is imperative.
  • Strong written and oral skills.
  • Accurate with a strong attention to detail.
  • Proficient in Microsoft Office Suite.

OVERVIEW

Fairstead is a purpose-driven real estate firm dedicated to building sustainable communities across the country. Headquartered in New York, with offices in Colorado, Florida, and Maryland, Fairstead owns a portfolio of more than 25,000 apartments across 28 states that includes 17,000 units under management.

Our commitment to communities is realized through a comprehensive platform that leverages in-house expertise in acquisitions, development, design and construction, asset management, and property management.

Our mission is to provide high quality housing to all regardless of income. We accomplish this through an empathetic and innovative approach, and by leveraging our interdisciplinary platform as an investor, developer, owner, and operator.

With a long-term commitment to our residents, communities, and partners, our team stands out by :

  • Listening to and understanding the needs of residents, communities, partners, and stakeholders alike.
  • Developing and preserving high quality, sustainable affordable housing.
  • Creating a positive social and environmental impact within the properties and communities we serve.

Diversity in backgrounds and experiences is key to Fairstead's success. Being an equal opportunity employer is a central tenet of our philosophy that shapes who we are and the communities we serve.

Our goal is to ensure competitive total compensation that is commensurate with experience, location, and other market benchmarks.

Fairstead's Core Values

  • Empathy
  • Innovation
  • Entrepreneurship
  • Determination
  • Integrity

Salary Description

$75,000-$85,000

Last updated : 2024-08-27

Job Summary

JOB TYPE

Full Time

SALARY

$136k-186k (estimate)

POST DATE

08/29/2024

EXPIRATION DATE

11/25/2024

WEBSITE

fairstead.com

HEADQUARTERS

NEW YORK, NY

SIZE

25 - 50

FOUNDED

2018

CEO

JEFF GOLDBERG

REVENUE

$5M - $10M

Related Companies
About Fairstead

Fairstead is a vertically integrated real estate company specializing in affordable and mixed-income housing. Since 2014, Fairstead has acquired and/or developed more than $4 Billion of multifamily property across the country, and today owns a portfolio of 14,500 apartments in 18 states. The companys comprehensive platform provides hands-on expertise across all multifamily disciplines, including acquisitions, development, design and construction, energy and sustainability, property management and social services.

Show more

Fairstead
Full Time
$120k-157k (estimate)
1 Day Ago
Fairstead
Full Time
$75k-96k (estimate)
3 Days Ago
Fairstead
Full Time
$23k-30k (estimate)
1 Week Ago

The job skills required for Collection specialist include Customer Service, Accounting, Microsoft Office, Verbal Communication, Integrity, Empathy, etc. Having related job skills and expertise will give you an advantage when applying to be a Collection specialist. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Collection specialist. Select any job title you are interested in and start to search job requirements.

For the skill of  Customer Service
Speakeasy Marketing
Full Time
$41k-52k (estimate)
1 Day Ago
For the skill of  Accounting
Elevator Services Group
Part Time
$46k-58k (estimate)
1 Day Ago
For the skill of  Microsoft Office
Sesame Flyers
Part Time
$64k-86k (estimate)
1 Day Ago
Show more

The following is the career advancement route for Collection specialist positions, which can be used as a reference in future career path planning. As a Collection specialist, it can be promoted into senior positions as a Collections Representative III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Collection specialist. You can explore the career advancement for a Collection specialist below and select your interested title to get hiring information.

Paul Weiss Rifkind Wharton Garrison
Full Time
$48k-61k (estimate)
6 Days Ago
Stellar Management
Full Time
$48k-61k (estimate)
3 Weeks Ago

If you are interested in becoming a Collection Specialist, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Collection Specialist for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Collection Specialist job description and responsibilities

Specialists must first locate debtors and then attempt to collect payment by negotiating debt settlements.

01/29/2022: Springfield, IL

Collections Specialists are generally responsible for managing and collection all the outstanding accounts receivables form clients and customers.

03/15/2022: Ventura, CA

Collection Specialists keep track of accounts receivable.

03/22/2022: Lorain, OH

Specialists are responsible for establishing and maintaining various documents, reports and following regulation forms.

02/02/2022: Monroe, LA

Analyzed credit service bureau data as needed and recommended changes required to credit limit or collection actions.

03/28/2022: Lawrence, MA

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Collection Specialist jobs

Collections specialists must be able to approach each conversation as a fresh start without carrying over any emotions from previous calls.

04/11/2022: Allentown, PA

Collections specialists are often entry-level professionals with minimal experience and education.

02/28/2022: Lexington, KY

If you want to take this path, you must have the ability to provide exemplary customer service, type and talk at the same time, be reliable, hardworking and willing to learn.

02/09/2022: Concord, NH

Collections specialists are often entry-level professionals with minimal experience and education.

02/07/2022: Waco, TX

A collection specialist should also understand how to overcome objections owing to the nature of the job.

01/27/2022: Bridgeport, CT

Step 3: View the best colleges and universities for Collection Specialist.

Florida Southern College
Colby College
Dartmouth College
University of Notre Dame
Western Washington University
Canisius College
Show more