What are the responsibilities and job description for the Collections Supervisor position at Community Financial System, Inc.?
Overview:
Just as our employees are committed to helping our customers manage their finances, we’re committed to our employees. After all, they make it happen for our customers every day.
To ensure our people can enjoy long and successful careers here at CFSI, we offer competitive compensation, great benefits, and professional development and advancement opportunities. As an equal-opportunity workplace and affirmative-action employer, we celebrate and support a diverse workplace for the benefit of all: our employees, customers and communities.
Responsibilities:
Essential Responsibilities:
Qualifications:
Min: USD $60,500.00/Yr. Max: USD $88,000.00/Yr. Other Job Information:
Compensation: Commensurate with experience plus potential for annual merit increase. In addition to your competitive salary, you will be rewarded benefits including: 11 paid holidays, paid vacation, Medical, Vision & Dental insurance, 401K with generous match, Pension, Tuition Reimbursement, Banking discounts and the list goes on!
Physical Requirements:
The Company is an Affirmative Action, Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, sexual orientation and gender identity), national origin, citizenship status, age, disability, genetic information, veteran status, or any other characteristic protected by applicable federal, state or local law.
The Company will make reasonable accommodations for qualified individuals with a disability. If you have a physical or mental impairment and would like to request an accommodation with respect to the application process, please contact the Human Resources Department.
At Community Financial System, Inc. (CFSI), we are dedicated to providing our customers with friendly, personalized, high-quality financial services and products. Our retail division, Community Bank, N.A., operates more than 200 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont and Western Massachusetts. Beyond retail banking, we also offer wealth management, investment management, insurance and risk management, and benefit plan administration.
Just as our employees are committed to helping our customers manage their finances, we’re committed to our employees. After all, they make it happen for our customers every day.
To ensure our people can enjoy long and successful careers here at CFSI, we offer competitive compensation, great benefits, and professional development and advancement opportunities. As an equal-opportunity workplace and affirmative-action employer, we celebrate and support a diverse workplace for the benefit of all: our employees, customers and communities.
This position supports senior and department management in maintaining compliance with bank and investor guidelines, as they pertain to servicing residential mortgage loans. Specifically, this position is responsible for managing the CRES Collections Team and maintaining best-in-class delinquency rates through effective calling campaigns, efficient loss mitigation negotiation efforts, and, if necessary, making the sound decision to foreclose.
Essential Responsibilities:
- Supervises all aspects of the CRES Collections unit
- Will assist with personnel items such as hiring, coaching and disciplinary actions
- Conducts internal department audits to ensure regulatory and Investor compliance
- Creates and modifies workflows and processes to promote efficiency
- Develop, maintain and administer policies and procedures established and guided by the bank, investor, and/or regulatory agencies in order to remain in compliance
- Ensures CRES Collections unit adheres to all investor, federal, state, and local regulations and guidelines
- Maintains quality control measures to minimize delinquency rates
- Administers pre-foreclosure workflow functions (NY90/PA91; CBA’s; Breaches, etc.) to ensure Legal/Foreclosure tam and proceed with legal actions to protect Bank’s collateral
- Acts as department trainer for collections system
- Assists and support with responding to department audits conducted by internal and external agencies and investors
- Collaborate with department and team leadership on all aspects of consumer real estate default management
- Performs other duties as assigned or directed
- Maintain proficient knowledge of, and demonstrate ongoing compliance with all laws and regulations applicable to this position, ensure ongoing adherence to pertinent policies, procedures, and internal controls, and meet all job-specific training requirements in a timely fashion
Ancillary Duties:
As an integral member of the Consumer Real Estate Servicing Department, this position is also responsible to provide assistance wherever necessary to help the Consumer Real Estate Servicing Department and the Bank in achieving their annual goals.
Qualifications:
Education, Training and Requirements:
- B.A. or B.S. degree (or relatable work experience) required
- Business field of study strongly preferred
- All applicants must be 18 years of age or older
Skills:
- Proficient reading, writing, and grammar skills
- Excellent mathematical skills
- Thorough knowledge of Excel
- Able to demonstrate ability to analyze data from reports/workbooks
- Proficient communicative skills
- Ability to create, implement, and maintain workflows based on regulatory guidelines
- Highly organized; results driven with competency to meet demands of proficiency, effectiveness, and efficiency
- Must be collaborative, have the ability to adapt and reprioritize, and have an independently objective mindset
- Must be able to consistently demonstrate the Company’s core values: integrity, excellence, teamwork, and humility
Experience:
- Minimum of four (4) years supervisory experience preferred
- Minimum of four (4) years of experience in Collections/Loss Mitigation or Servicing Real Estate Loans preferred
Min: USD $60,500.00/Yr. Max: USD $88,000.00/Yr. Other Job Information:
Hours: Monday-Friday 8:00-5:30 with some evenings, weekends and Holidays required
Compensation: Commensurate with experience plus potential for annual merit increase. In addition to your competitive salary, you will be rewarded benefits including: 11 paid holidays, paid vacation, Medical, Vision & Dental insurance, 401K with generous match, Pension, Tuition Reimbursement, Banking discounts and the list goes on!
Physical Requirements:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee may be required to stand, walk or sit. Use hands and fingers, handle or feel, reach with hands or arms, and speak and hear. The employee may occasionally be required to lift and or move up to 25 pounds. Specific vision abilities required by this job include close vision, and the ability to focus.
The Company is an Affirmative Action, Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, sexual orientation and gender identity), national origin, citizenship status, age, disability, genetic information, veteran status, or any other characteristic protected by applicable federal, state or local law.
The Company will make reasonable accommodations for qualified individuals with a disability. If you have a physical or mental impairment and would like to request an accommodation with respect to the application process, please contact the Human Resources Department.
Salary : $60,500 - $88,000
