What are the responsibilities and job description for the Collection Associate (Merchant Cash Advance) position at Fenix Capital Funding?
Fenix Capital Funding, LLC is an alternative financing company specializing in the purchase of future receivables (cash advance) transactions.
We are looking for an experienced collection professional to assist in the handling of legal documents, negotiation of defaulted accounts, and provide administrative support to our Collection Department. This is a role that requires diligence, strong work ethic, good organizational skills, and the ability to multi-task and handle many different responsibilities.
Description of Responsibilities
- Reach out to clients, negotiate and finalize settlement agreements;
- Coordinate with banks, attorneys and legal representatives;
- Process legal documents, release forms, and draft settlement agreements;
- Review and record subpoenas responses, legal notices, lien documents, and attorney correspondence;
- Track and follow up on litigated cases, draft and file legal documents with the court;
- Make a high volume of outbound phone calls, resolve outstanding issues with payment plans and settlement agreements;
- Resolve client issues both prior to and post-litigation;
- Adjust and renegotiate settlement schedules if necessary;
Job Requirements:
- Experience/exposure to collections, judgment recovery, and/or accounts receivable
- Excellent written and verbal communication skills
- Must be responsible, self motivated, well organized, and aggressive on the phone
- Familiarity with legal documents
- Skilled in negotiation and closing deals
Experience:
- Collections: 1-2 years
- Sales: 1-2 years
- Paralegal/legal: 1-2 years
Job Type: Full-time
Pay: $50,000.00 - $85,000.00 per year
Schedule:
- 8 hour shift
- Monday to Friday
Supplemental Pay:
- Bonus opportunities
- Commission pay
Work Location: In person
Salary : $50,000 - $85,000
