2 Collection specialist Jobs in Herndon, VA
TEKsystems is Hiring a Collection specialist Near Herndon, VA
NOW HIRING A FINANCIAL COLLECTIONS SPECIALIST!
- Fully on-site role
- To preserve the Credit Union's assets by controlling delinquent loan accounts, collecting delinquent loan payments and / or recovering collateral.
Complies with all Credit Union rules and regulations, including BSA / AML, and Loan and Fair Lending Policies.
Monitors and works the Overdraft Privilege Program (ODP) reports daily. Answers internal and external ODP related questions and resolves issues quickly.
Works with members and Collections Agency in setting up Fresh Starts, posts payments, and file maintains accounts. Processes charge-offs.
Brings major issues or concerns to the attention of the Collections Manager.
Contacts delinquent accounts by phone and mail; takes appropriate action to bring current. Counsels members using knowledge of Credit Union guidelines, NCUA policies, as well as the Fair Debt Collections Practices Act.
Uses collections techniques to maintain good relationships with delinquent members yet avoid losses.
Analyzes the financial situation of delinquent borrowers to determine possible modifications due to hardship. Collects on returned checks, delinquent property, taxes, and negative shares freezing shares as required.
Typical Day
working through the overdraft list that comes out daily. Working with customers to follow up on those accounts and when they can expect deposits / payments.
Will enter any fees or refund any fees required. Working with branches to get folks off this list ASAP. Working with customers on payment plan or any other solutions.
Will provide information on products the bank provides.
Additional Skills & Qualifications :
- Ability to have direct conversations with clients on the phone
- Ability to work on computer systems looking up customer accounts
- Need someone from a bank or credit union
About TEKsystems :
We're partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opportunity.
We are a team of 80,000 strong, working with over 6,000 clients, including 80% of the Fortune 500, across North America, Europe and Asia.
As an industry leader in Full-Stack Technology Services, Talent Services, and real-world application, we work with progressive leaders to drive change.
That's the power of true partnership. TEKsystems is an Allegis Group company.
The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.
Last updated : 2024-06-22
Job Summary
Full Time
Business Services
$44k-55k (estimate)
06/24/2024
09/20/2024
teksystems.com
HANOVER, MD
1,000 - 3,000
1983
Private
JAY ALVATHER
$3B - $5B
Business Services
Related Companies
About TEKsystems
TEKsystems is an IT consulting firm that offers DevOps, cloud enablement, data analytics and cybersecurity services to businesses.
The job skills required for Collection specialist include Computer Systems, 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.
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.
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.
Similar Jobs
Popular Articles
