Collections Specialist

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Collections Specialist

  • Cheektowaga, NY, US

  • Emp Type: Full time / Direct Hire

Industry: BANKING & FINANCE

Salary: 41,600 - 62,400 Annual

7 weeks ago

Collections Representative (Entry-Level)

Entry-level position - willing to train and develop new hires. No experience required.
100% remote available after successful completion of training.

We are seeking driven, reliable, and motivated individuals to join our growing collections team. This is an excellent opportunity for someone looking to start a career in collections. Comprehensive training is provided, along with opportunities for career growth and advancement.

What We Offer

  • Remote work opportunity after training

  • Comprehensive paid training

  • Sign-on bonus opportunities

  • Employee referral bonus program

  • Advancement opportunities

  • Excellent bonus and incentive structure

  • Medical, Dental, Vision, and Life Insurance

  • Paid Time Off and Paid Holidays

  • Fun employee contests, raffles, and prize giveaways

  • Supportive team environment

Accounts May Include

  • Credit Cards

  • Auto Loans

  • Installment Loans

  • Powersports Financing

  • Retail Credit Accounts

Key Responsibilities

  • Receive and post customer payments.

  • Monitor delinquent accounts using computer systems and collection tools.

  • Contact customers by phone and mail regarding overdue balances.

  • Review customer accounts and determine reasons for delinquent payments.

  • Explain repayment options and negotiate payment arrangements.

  • Encourage customers to resolve outstanding balances.

  • Maintain accurate records of customer interactions and collection activities.

  • Update customer information, including address and phone number changes.

  • Establish repayment schedules based on customers' financial situations.

  • Utilize skip tracing tools to locate customers when necessary.

  • Follow company policies, procedures, and applicable regulations.

  • Perform additional duties as assigned.

Qualifications

  • High School Diploma or equivalent required.

  • Strong customer service and communication skills.

  • Excellent negotiation and problem-solving abilities.

  • Basic mathematical skills.

  • Strong attention to detail.

  • Ability to work independently and as part of a team.