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Collection Specialist
$36k-45k (estimate)
Full Time 6 Months Ago
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Cornerstone Capital Bank is Hiring a Collection Specialist Near Houston, TX

Who we are:

Cornerstone Servicing, a division of Cornerstone Capital Bank, is a best-in-class mortgage servicer with a reputation for amazing service, customer satisfaction, employee retention and happiness! We employ people who are passionately committed to Cornerstone’s Mission, Vision & Core Convictions.

We honor God by using our talents to make a positive difference in the lives of our Team Members, Clients, Shareholders, Communities, and the People who provide services to us.

Who we are looking for:

The Collection Specialist role is responsible for providing world class customer care to our customers. This position will provide an exceptional level of customer service by taking ownership and responsibility for all activity occurring at CHL and ensuring customers are educated regarding all hardship assistance options offered. 

Key Responsibilities:

  • Responsible for negotiating payment arrangements, keeping our borrowers in their homes and keeping loans from turning into 30 days past-due
  • Maintaining an open line of communication with the borrower(s) after payment is received, allowing for early intervention and preempting future delinquencies
  • Utilize all available skip tracing tools to locate borrower whose current contact information is inaccurate
  • Manage inbound and outbound calling queues via automated calling system
  • Continuously improve knowledge base and skillset to ensure maximum level of customer satisfaction and world class customer experience
  • Perform other job-duty related issues as assigned

What you’ll need to be successful:

  • High School Diploma, GED, or equivalent experience
  • Minimum 2 years of experience in mortgage servicing
  • Minimum 2 years of experience in a Collections environment
  • Bi-lingual skills a plus
  • Strong phone etiquette while having a passion for taking care of customer needs with exceptional customer service skills
  • Solid analytical skills with the ability to exercise prudent judgment
  • Exceptional organization and time management a must
  • Comfortable being a team player
  • Strong interpersonal skills in addition to verbal/written communication
  • Ability to work through stressful situations professionally and respectfully
  • Attention to detail

What we offer:

Because we recognize and reward hard work, we offer a competitive salary, a full benefits package, and the potential for a performance-based bonus.

What to do next:

If Cornerstone sounds like the place for you (and if you have the qualifications, drive, and passion to match), we invite you to become a member of our winning team! And remember, once you're a part of our Cornerstone team, we'll continue to invest in you as a valuable asset to our company. As many of our team members can tell you, there's something special about working at Cornerstone.

We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.

Job Summary

JOB TYPE

Full Time

SALARY

$36k-45k (estimate)

POST DATE

12/13/2023

EXPIRATION DATE

07/11/2024

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The job skills required for Collection Specialist include Customer Service, Written Communication, Attention to Detail, Negotiating, Time Management, Futures, etc. Having related job skills and expertise will give you an advantage when applying to be a Collection Specialist. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Collection Specialist. 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 Collection Specialist positions, which can be used as a reference in future career path planning. As a Collection Specialist, it can be promoted into senior positions as a Collections Representative III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Collection Specialist. You can explore the career advancement for a Collection Specialist below and select your interested title to get hiring information.

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If you are interested in becoming a Collection Specialist, 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 Collection Specialist for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Collection Specialist job description and responsibilities

Specialists must first locate debtors and then attempt to collect payment by negotiating debt settlements.

01/29/2022: Springfield, IL

Collections Specialists are generally responsible for managing and collection all the outstanding accounts receivables form clients and customers.

03/15/2022: Ventura, CA

Collection Specialists keep track of accounts receivable.

03/22/2022: Lorain, OH

Specialists are responsible for establishing and maintaining various documents, reports and following regulation forms.

02/02/2022: Monroe, LA

Analyzed credit service bureau data as needed and recommended changes required to credit limit or collection actions.

03/28/2022: Lawrence, MA

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 Collection Specialist jobs

Collections specialists must be able to approach each conversation as a fresh start without carrying over any emotions from previous calls.

04/11/2022: Allentown, PA

Collections specialists are often entry-level professionals with minimal experience and education.

02/28/2022: Lexington, KY

If you want to take this path, you must have the ability to provide exemplary customer service, type and talk at the same time, be reliable, hardworking and willing to learn.

02/09/2022: Concord, NH

Collections specialists are often entry-level professionals with minimal experience and education.

02/07/2022: Waco, TX

A collection specialist should also understand how to overcome objections owing to the nature of the job.

01/27/2022: Bridgeport, CT

Step 3: View the best colleges and universities for Collection Specialist.

Florida Southern College
Colby College
Dartmouth College
University of Notre Dame
Western Washington University
Canisius College
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