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Collections Manager

DuPage Credit Union
Naperville, IL Full Time
POSTED ON 4/17/2025
AVAILABLE BEFORE 6/16/2025

At DuPage Credit Union, we are driven by our vision and values, which shape our culture and guide us in everything we do. These values reflect what we stand for and guide how we operate: Integrity. Innovation. Collaboration. Excellence. Empowerment. 

 By making these values central to all that we do, we can realize our vision of being a financial institution Where Financial Futures Thrive™
 We have an exciting opportunity in our Collections Department for a new Collections Manager. 

As a Collections Manager, you will lead with these values, ensuring effective loan recovery while maintaining compliance and fostering a high-performing team.

Key Responsibilities:

  • Lead and manage the collections department, providing coaching, mentorship, and performance oversight.
  • Develop and implement collection strategies to minimize losses and maximize recovery.
  • Ensure compliance with federal, state, and local regulations (FDCPA, FCRA, Fannie Mae).
  • Monitor and assess delinquent accounts, implementing corrective actions as needed.
  • Oversee asset repossessions and charge-offs, ensuring regulatory compliance.
  • Prepare and present monthly performance reports, analyzing key collection metrics.
  • Enhance member relationships, balancing recovery efforts with exceptional service.
  • Oversee training and development to keep the collections team up to date on industry best practices.
  • Identify high-potential employees, fostering career growth and succession planning.
  • Leverage advanced collection technologies to streamline operations and improve efficiency.

Qualifications:

  • Bachelor’s degree in business, finance, accounting, or a related field.
  • Minimum 5 years of collections management experience, preferably in mortgage and consumer lending.
  • Strong leadership and team development skills, with a track record of driving performance.
  • Expertise in financial reporting, data analysis, and collections software/tools.
  • In-depth knowledge of financial regulations and risk management practices. 

Benefits include: 

  • Generous Time Off
  • Medical
  • Dental
  • Vision
  • Calm Premium Membership
  • Volunteer Benefit Time

And so much more 

Salary : $83,000 - $93,000

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Job openings at DuPage Credit Union

DuPage Credit Union
Hired Organization Address Naperville, IL Full Time
At DuPage Credit Union, we are driven by our vision and values, which shape our culture and guide us in everything we do...

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