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9321 Collections Manager Job

Location: Mid-Atlantic (DE, DC, MD, NJ, NY, PA, VA & WV)
Salary Range: 90,000 - 90,000
Total Compensation: 100,000 - 100,000
Job Description: Duties: • Responsible for the results of the Consumer and Residential Mortgage Collections Department. • Will manage and provide guidance to a collections staff to mitigate losses and reduce delinquencies. • Will design and implement processes, according to industry trends, to reduce accounts receivable, and ensure appropriate reporting of charge downs and non-accruals. • Measures results against peer and benchmark standards. • Manages the bank’s repossessed collateral and liquidation process to achieve the highest return to the bank.
Education and Certifications/Licenses: Bachelor's, None, None
Mandatory Minimum Qualifications: • Bachelors Degree in a Business-related field or a combination of education and related experience. • Seven to Ten years experience in the field of collections. Five years supervisory experience. • Ability to supervise and motivate staff. • Familiar with collections laws and regulatory requirements of collection units • Excellent PC skills, proficient in Word and Excel. Proven record of effectively managing a collection unit. • In depth understanding of the Fair Debt Collections Protection Act, and commonly used concepts, practices and procedures related to collections. • May require weekend hours, and hours outside of regularly scheduled workday. • Some travel required.
Preferred Qualifications:
Benefits:
Overnight Travel: Limited Travel
Relocation Assistance: Yes
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