- Manage the daily operations of the collections department.
- Develop and implement strategies to increase the efficiency of the collections process.
- Oversee the collections of past due accounts, ensuring compliance with company policies and legal regulations.
- Conduct risk assessments on delinquent accounts to determine appropriate recovery actions.
- Coordinate with legal counsel to prepare and file UCC-1 and UCC-3 filings as necessary.
- Train and mentor collections staff on best practices in debt recovery and customer service.
- Monitor and analyze department performance, and report on key metrics to senior management.
- Handle escalated collections issues and negotiate payment arrangements with high-risk customers.
- Stay updated with new technologies and developments in the collections industry.
- Ensure all collections activities are conducted ethically and in compliance with national and state regulations.
- Bachelors degree in Finance, Business Administration, or a related field.
- Minimum of 2 years of experience in loan collections.
- Strong knowledge of the lending industry, including UCC filings and secured transactions.
- Excellent communication and negotiation skills.
Collections Manager - Great Neck, United States - Craft Recruiting
Description
We are innovators and problem-solvers committed to reshaping the small business finance industry. Founded on the belief in honest and impactful partnership. We provide crucial support to small businesses during challenging times. With a constantly evolving risk infrastructure and a keen ability to thrive in market turbulence, we offer unique solutions that genuinely make a difference. Join us as we continue to expand our market presence and transform revenue-based finance.
We are looking to add a Collections Manager with a track record in managing loan collections and UCC filings, with a strong understanding of legal and regulatory aspects of debt recovery. This role requires a strategic thinker with excellent negotiation skills and the ability to work under pressure.
Role Overview
Requirements:
Join us as we aim to rank among the top 10 revenue-based financial companies, fueled by our commitment to market transformation, integrity, exceptional customer service, and creative solutions. Be a part of a team where every relationship and interaction is a step toward our collective success.
In addition to a competitive salary ($70,000 to $100,000) we offer an opportunity to grow with a fast-moving, thriving company.
If you are ready to take your career to the next level and contribute to the transformative journey, please apply today.