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Job Openings >> Collections Representative (Performing Loans-PM)
Collections Representative (Performing Loans-PM)
Summary
Title:Collections Representative (Performing Loans-PM)
ID:1716
Department:Collections
Location:Houston, TX
Description
Hours:

2:00 pm- 11:00 pm Monday- Thursday

12:00 pm- 9:00 pm Fridays

10:00 am- 2:00 pm 2 Saturdays a month

3:00 pm-8:00 pm one Sunday, every other month



Summary:  
A Performing Loan Collector is a seasoned collector who is responsible for initial collections on new portfolios in order to maximize recovery and disposition loans to the appropriate work out strategy. 
 
Responsibilities:
  • Receive and review loan information
  • Contact borrowers in order to cure delinquency, setup payment arrangements and/or settle accounts
  • Identify and recommend optimal workout strategies based on individual borrower circumstances
  • Identify and recommend legal strategies as necessary
  • Increase frequency of borrower contact based on days since last payment
  • Review accounts in Bankruptcy status; contact the Trustee or the Debtor’s Attorney as appropriate if payments are not made in accordance with the plan
Qualifications/Skills:
  • Experience in collections preferred
  • Familiarity with tracking databases and the maneuvering around the Internet
  • Familiarity with loan terminology, rights, and processes
  • Excellent work ethic, high productivity, and acute attention to detail
  • Superior verbal communication and negotiation skills
  • Flexibility to work weekends a must
Compensation/Bonus/Incentives:
  • Competitive pay
  • 10% shift differential
  • Monthly bonuses payouts
  • Additional incentives based on business needs
Educational Requirements: 
  • High school graduate, college degree preferred but not required

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