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Collector
$37k-46k (estimate)
Full Time | Banking 2 Months Ago
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LIBERTY FEDERAL CREDIT UNION is Hiring a Collector Near Evansville, IN

Liberty FCU is seeking a full-time Collector to join the Asset Protection (Collection) Department. The successful candidate must demonstrate professionalism, possess problem solving skills, and be able to focus in a fast-paced environment. Experience in collections is preferred. If interested, please proceed by clicking Apply.

Essential Functions & Responsibilities:

  • Contact past due members through outbound calling campaigns, email, and text messaging.
  • Maintain accurate documentation of collection efforts and reasons for delinquency.
  • Make payment arrangements to resolve past due loans, including modifications, extensions, and various other options.
  • Update addresses, phone numbers, and other contact information.
  • Skip trace through various websites, review for repossession referrals on auto loans.
  • Develop an understanding of credit union history, philosophy, organization, by-laws, and operational procedures.
  • Adhere to all federal, state, local and internal laws, regulations, and policies.
  • Participate in web-based and instructor led training sessions to assure that appropriate collections calling techniques are developed to respond to new and challenging calling situations.
  • Perform other duties as assigned. 

Position Specifications

  • High school education or GED equivalent
  • Collection and call center experience preferred.

Knowledge, Skills, & Abilities

  • Demonstrate behaviors based on credit union values: S.E.R.V.I.C.E.
  • Ability to communicate effectively in both verbal and written formats.
  • Ability to manage multiple tasks, work in fast-paced environment, and meet deadlines.
  • Ability to exercise discretion and good judgment in making decisions and maintain confidentiality of materials handled.
  • Ability to be flexible and work under high pressure in a complex environment.

Benefits and Compensation: 

  • Paid Holidays
  • Paid Time Off (Vacation, Sick and Personal Days)
  • Medical, Dental and Vision Insurance
  • 401(k) retirement program with matching funds
  • Employer paid Group Term Life Insurance, Short Term and Long Term Disability Insurance
  • Tuition Reimbursement Program

Liberty FCU is an Equal Opportunity Employer, Minority/Female/Disability/Protected Veteran.  

Job Summary

JOB TYPE

Full Time

INDUSTRY

Banking

SALARY

$37k-46k (estimate)

POST DATE

04/25/2023

EXPIRATION DATE

08/24/2024

WEBSITE

lsfcu.org

HEADQUARTERS

JERSEY CITY, NJ

SIZE

25 - 50

FOUNDED

1951

CEO

MICHELLE WISE

REVENUE

$5M - $10M

INDUSTRY

Banking

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About LIBERTY FEDERAL CREDIT UNION

Liberty Federal Credit Union is a banking company based out of 103 Edgemont Ave, Liberty, SC, United States.

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The job skills required for Collector include Call Center, Problem Solving, etc. Having related job skills and expertise will give you an advantage when applying to be a Collector. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Collector. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Collector positions, which can be used as a reference in future career path planning. As a Collector, it can be promoted into senior positions as a Consumer Loan Collector III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Collector. You can explore the career advancement for a Collector below and select your interested title to get hiring information.

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If you are interested in becoming a Collector, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Collector for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Collector job description and responsibilities

Collectors recover overdue payments and past due accounts by tracking debtors down using the phone or mail.

01/09/2022: Savannah, GA

Collectors also stay mindful of clients’ possible fears about being contacted for past due accounts and sometimes refer them to debt counselors for additional assistance.

01/18/2022: Utica, NY

After the collector and debtor agree on a repayment plan, the collector continually checks to ensure that the debtor pays on time.

03/12/2022: Waco, TX

Overdue payments on credit card balances, phone bills, auto loan payments, utility payments, and back taxes are examples of delinquent bills that a debt collector may be tasked with retrieving.

01/09/2022: Elkhart, IN

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Collector jobs

Collectors must follow federal and local laws that govern debt collection.

04/02/2022: Springfield, MO

Step 3: View the best colleges and universities for Collector.

Florida Southern College
Colby College
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University of Notre Dame
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