What are the responsibilities and job description for the Collections Analyst position at Citadel Federal Credit Union?
Job Overview
If you think you are the right match for the following opportunity, apply after reading the complete description.
The Collections Analyst is responsible for mitigating loss to the Credit Union by contacting members with delinquent loans and negative checking accounts and negotiating appropriate arrangements to cure the delinquency and return the member’s account to good standing.
The majority of the communication will be done over the telephone, Effective communication and negotiation skills are a necessity. It is important to be accurate and thorough.
Duties and Responsibilities
Contact delinquent members to prompt and assist them in making arrangements to bring all accounts with Citadel current
Gather and analyze financial information (including, but not limited to, income, expenses, Credit Bureau Reports) from members to propose and implement solutions for delinquent loans
Analyze member data to assist management in making decisions regarding recovered assets (vehicles and real estate)
Make decisions regarding enforcement of Citadel’s offset policies for delinquent member loans
Make decisions, using collection techniques and financial analysis, that mitigate Citadel’s Risk of Loss while preserving member retention, when appropriate
Utilize communication and conflict resolution skills to resolve disputes and craft solutions with frustrated or angry members in a calm and professional manner
Document activities on delinquent accounts, ensuring accuracy and expediency
Maintain current member information across all utilized platforms (Collection software, Episys Products)
Counsel members in debt management
Handle member disputes, complaints and inquiries
Perform assigned administrative tasks
Perform such other duties as may be assigned commensurate with the position
The department operates M-F from 8-6, and Sat from 9-1. The eligible candidate must be available for a minimum of two evening shifts (10 : 00am - 6 : 00pm) per week, and 2 Saturday shifts per month (hours are subject to change).
Qualifications and Education Requirements
Work Experience
6 months or more of collection and / or banking experience.
Demonstrate a thorough understanding of the impact that the collection of delinquent accounts has on the strength and growth of the Credit Union
Demonstrate effective oral and written communication skills
Demonstrate effective negotiation skills
Maintain confidentiality, promote integrity, and support the corporate mission.
Represent Citadel as a professional
Bilingual "Spanish / English"
Education
High School Education
Skills
Preferred
Collection
Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)
