What are the responsibilities and job description for the Senior Vice President of Credit Collections position at ANDREWS FEDERAL CREDIT UNION?
Job Description
The Vice President, Debt Management Solutions serves as a key member of the leadership team, overseeing the Debt Management Department. This role is responsible for ensuring all collections functions comply with regulations and credit union policies and procedures. The incumbent will maintain the credit union's targeted delinquency and charge-off ratios, identify trends, and report on elements of risk. Additionally, this role will execute established operational goals and ensure corporate-wide plans are complemented and supported.
Duties and Responsibilities
The Vice President, Debt Management Solutions serves as a key member of the leadership team, overseeing the Debt Management Department. This role is responsible for ensuring all collections functions comply with regulations and credit union policies and procedures. The incumbent will maintain the credit union's targeted delinquency and charge-off ratios, identify trends, and report on elements of risk. Additionally, this role will execute established operational goals and ensure corporate-wide plans are complemented and supported.
Duties and Responsibilities
- Develop and implement debt management strategies to achieve financial objectives.
- Collaborate with the CLO and CFO to develop short and long-term goals and plans.
- Maintain accurate records and reports on collections activities.
- Provide training and guidance to department staff.
- Ensure compliance with regulatory requirements and credit union policies.
