What are the responsibilities and job description for the Collector position at Indiana Members Credit Union?
PURPOSE: To contact delinquent accounts and make restitution to reduce credit union losses.
RESPONSIBILITIES AND DUTIES
- Collect delinquent accounts / assist branches with collection of delinquent titles
- Post payments
- Gathering data for Charge Off
- Data entry and tracking CPI insurance / filing of skip claims, collision claims, Gap claims on repossessed accounts
- Preparing paperwork for accounts to be sent to legal counsel
- Process disability/life claims and payments
- Skip tracing to locate members and collateral
- Credit dispute responses via E-Oscar and/or direct mailing from member
- Processing month end recoveries
- Track judgments
- Paperwork in relation to repossessed autos (intent to sell and deficiency letters as required by law)
- Impound and mechanics lien notification follow up
- Submit bankruptcy placement information to attorney's office upon receipt of bankruptcy notification/code and note system accordingly based on member's intentions and/or bankruptcy plan.
EDUCATION AND EXPERIENCE
- High School diploma or equivalent
- 2 years financial institution experience
- 5 years collection experience in a financial institution
