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Heritage Federal Credit Union
Evansville, IN | Full Time
$39k-48k (estimate)
1 Week Ago
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Evansville, IN | Full Time
$46k-57k (estimate)
1 Month Ago
Collector
$39k-48k (estimate)
Full Time | Banking 1 Week Ago
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Heritage Federal Credit Union is Hiring a Collector Near Evansville, IN

Start your career with Heritage Federal Credit Union!Heritage Federal Credit Union, a Readers' Choice Best Credit Union gold award recipient, is growing thanks to the focus on helping our members and community. At Heritage, we foster a dynamic and collaborative environment where your contributions truly make a difference. As we continue to expand, we are searching for a Collector to join our amazing team!
The Collector is responsible for performing collection activities on past due member accounts. This position’s key focus will be on assisting the department in assessing time-sensitive matters such as early and late-stage delinquencies and instances of total asset loss scenarios.
What you’ll do:
  • Call borrowers on past due loans to obtain payment and/or make payment arrangements.
  • Discuss and potentially offer financial arrangements to members on their delinquent account(s).
  • Maintain a current and detailed understanding of past due consumer loan products.
  • Review accounts for potential repossession and submit recommendations to Collections Manager for review and approval.
  • Recommend potential charge-offs to the Collections Manager
  • Adhere to all collection laws and regulations to ensure proper policies and practices are maintained.
  • Other duties as assigned.
Qualifications/Experience Required:
  • Five years or more collection experience, preferably all stages of delinquency, and remedial proposals (Financial industry preferred).
  • Excellent organizational skills, as well strong written and verbal communication skills.
  • Ability to work Accurately and thoroughly in work.
  • Ability to work with a team and independently.
About Heritage Federal Credit UnionHeritage Federal Credit Union offers financial products and services to anyone who lives, works, worships, attends school, participates in programs to alleviate poverty or distress, or participates in associations headquartered in; and businesses and other legal entities, incorporated and unincorporated organizations located in; or maintaining a facility located in Gibson, Posey, Warrick, Vanderburgh, Daviess, Knox, Spencer, Pike, Perry, Crawford, Clark, Floyd, and Harrison Counties in Indiana; and Henderson, Daviess, Hopkins, Hancock, Ohio, McLean, Webster, Union, and Crittenden Counties in Kentucky; and Lawrence, Wabash, White, Gallatin, and Hardin Counties in Illinois. More information regarding Heritage Federal Credit Union can be located at heritagefederal.org.EOE

Job Summary

JOB TYPE

Full Time

INDUSTRY

Banking

SALARY

$39k-48k (estimate)

POST DATE

06/19/2024

EXPIRATION DATE

08/18/2024

WEBSITE

hfcu.info

HEADQUARTERS

EVANSVILLE, IN

SIZE

25 - 50

FOUNDED

1965

TYPE

Private

CEO

BEN RANDALL

REVENUE

<$5M

INDUSTRY

Banking

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About Heritage Federal Credit Union

Heritage Federal Credit Union provides loans, mortgages, lending, insurance planning and wealth management services for individuals and businesses.

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The job skills required for Collector include Consumer Loans, 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
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University of Notre Dame
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