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FivePoint Credit Union
Port Arthur, TX | Full Time
$76k-101k (estimate)
2 Months Ago
Collections Manager
FivePoint Credit Union Port Arthur, TX
$76k-101k (estimate)
Full Time | Wholesale 2 Months Ago
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FivePoint Credit Union is Hiring a Collections Manager Near Port Arthur, TX

Must be available to work Monday - Friday 8:00am - 5:30pm and occasional Saturdays, as needed.

Equal Opportunity Employer Minorities/Women/Disabled/Veterans

Responsible for organizing, planning, directing, and controlling all operations of the Member Solutions Department. Oversees all collections functions including the control of loan and credit accounts that are late, potentially delinquent, delinquent, or charged off. Assists in the resolution of difficult and complex member account situations. Responsible for collateral, repossessions, and the disposition of repossessed Credit Union assets. Performs periodic evaluation of collections policies and procedures and modifies as needed. Ensures that established policies, procedures, and legal requirements are followed. Coordinates activities, ensuring that all subordinate areas of responsibility support Credit Union objectives. Trains, directs, and appraises personnel. Ensures that services are delivered professionally and efficiently.

ESSENTIAL JOB DUTIES

Assumes responsibility for the development and implementation of Member Solutions Department policies, procedures, and planning.
Assumes responsibility for the effective and efficient administration and performance of Collections functions.
Assumes responsibility for ensuring that professional business relationships are established and maintained with the members, the community, and with trade and governmental organizations.
Effectively supervises Department personnel, ensuring optimal performance.

NON-ESSENTIAL JOB DUTIES
Assumes responsibility for establishing and maintaining effective communication and coordination with Credit Union personnel and with management.
Assumes responsibility for related duties as required or assigned.

REQUIRED QUALIFICATIONS

Education/Certification:

Equivalent to a two-year business-related college degree or completion of a specialized course of study at a business or trade school

Required Knowledge:

Thorough knowledge of collections, servicing, foreclosure, bankruptcy procedures, and legal requirements.
Understanding of the Credit Union lending programs, policies, and default enforcement clauses.

Experience Required:

Five to seven years of progressive credit union collections experience.
Three to five years of supervisory experience required.
Minimum one year small claims experience required.
Skills/Abilities:

Excellent communication and public relations skills.
Ability to work in stressful, high-pressure situations.
Solid analytical and negotiating skills.
Strong leadership and supervisory abilities.
Strong management skills.
Able to operate computer calculations and other basic business equipment.
Strong decision-making skills.

PREFERRED QUALIFICATIONS
Education/Certification: Equivalent to a four-year college degree or completion of a specialized course of study at a business or trade school.
Preferred Knowledge: None.
Experience Preferred:
Minimum five years of progressive collections experience.
Three to five years of supervisory experience required.
Minimum one year small claims court experience.
Skills/Abilities: None.
PHYSICAL ACTIVITIES AND REQUIREMENTS OF THIS POSITION
FINGER DEXTERITY: Using primarily just the fingers to make small movements such as typing, picking up small objects, or pinching fingers together.
TALKING: Especially where one must frequently convey detailed or important instructions or ideas accurately, loudly, or quickly.
REPETITIVE MOTIONS: Movements frequently and regularly required using the wrists, hands, and/or fingers.
AVERAGE HEARING: Able to hear average or normal conversations and receive ordinary information.
AVERAGE VISUAL ABILITIES: Average, ordinary, visual acuity necessary to prepare or inspect documents or products, or operate machinery.
PHYSICAL STRENGTH: Sedentary work; sitting most of the time. Exerts up to 10 lbs. of force occasionally. (Almost all office jobs.)

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)

Job Summary

JOB TYPE

Full Time

INDUSTRY

Wholesale

SALARY

$76k-101k (estimate)

POST DATE

03/11/2024

EXPIRATION DATE

05/10/2024

WEBSITE

texacocommunity.org

HEADQUARTERS

BUFFALO, NY

SIZE

100 - 200

TYPE

Private

CEO

BRETT GREEN

REVENUE

$10M - $50M

INDUSTRY

Wholesale

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The following is the career advancement route for Collections Manager positions, which can be used as a reference in future career path planning. As a Collections Manager, it can be promoted into senior positions as a Credit and Collections Director that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Collections Manager. You can explore the career advancement for a Collections Manager below and select your interested title to get hiring information.

If you are interested in becoming a Collections Manager, 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 Collections Manager for your reference.

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

Quotes from people on Collections Manager job description and responsibilities

CollectionsManagers monitors agents and oversee collections activities for the bill units assigned to them.

03/03/2022: Cincinnati, OH

Monitor the status of both automatic and manual actions defined by the collections scenario.

03/28/2022: Tuscaloosa, AL

Collections managers supervise the work of collections agents.

03/04/2022: Bergenfield, NJ

When a bill unit first enters a collections scenario, Collections Manager sets the first action's status to Pending and all other actions' status to Waiting For Dependents.

03/31/2022: Charleston, SC

Leading and developing the collections or accounts receivable team.

05/06/2022: Durham, NC

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 Collections Manager jobs

Automatic actions are performed by Collections Manager.

04/01/2022: Boulder, CO

As a result, collections actions will begin after a lengthy period of nonpayment.

02/20/2022: Canton, OH

A collections manager oversees long term preservation for collections.

04/10/2022: Manchester, NH

Collections managers are busy drivers of the revenue function.

02/15/2022: Paramus, NJ

There are any number of different paths to becoming a successful collections manager today, but probably the most reliable begins with education and training.

02/21/2022: Pensacola, FL

Step 3: View the best colleges and universities for Collections Manager.

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