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Collection specialist
$43k-54k (estimate)
Full Time | Business Services 3 Weeks Ago
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Tricon Residential is Hiring a Collection specialist Near Tustin, CA

Job Description

The Collection Specialist is responsible for managing the process on any Resident that has not financially met the terms of the lease agreement.

The Collection Specialist will contact all Residents and encourage them to pay any outstanding balances, send statements to all residents with balances, send all necessary files to legal, and manage the eviction process in a proactive and consistent manner.

Manage Payment Experience

  • Work with both internal and external customers to troubleshoot resident payment issues until resolution
  • Effectively communicate and work with Accounting Department to ensure resident balances are accurate, and that any necessary adjustments are made and communicated in a timely manner to all parties
  • Review all new move in balances to ensure ledger charges and payments were applied accurately
  • Consistently inform all residents of Tricon’s payment policies, procedures, and their contract obligations
  • Treat all internal and external customers in a fair and consistent manner, and in accordance with Tricon’s Guiding Principles, Purpose Statement, Policies, and Fair Housing requirements
  • Review all ledgers, notices, leases, and communications for accuracy prior to distribution
  • Identify eligible candidates for Tricon Relief fund when applicable

Manage Delinquency Process / Performance

  • Review all necessary reports / dashboards / systems daily to track goal progress and resolve any necessary account issues
  • Communicate effectively and consistently with all Residents with balances daily until account resolution
  • Forecast month end Delinquency and report weekly progress to Manager
  • Remain compliant with Tricon policies and procedures, and seek / provide feedback to improve processes and performance

Manage Notice / Eviction Process

  • Manage Notice to Pay or Quit Process in a thorough, consistent, and timely manner each month
  • Prepare eviction files on notices of non-compliance when needed
  • Demonstrate knowledge of local and federal laws regarding notices, evictions, lockouts, etc
  • Communicate with residents daily / weekly during the eviction process, educating them on their options, fees, and the process expectations
  • Collaborate with appropriate field team when needed to schedule Occupancy Checks
  • Follow up with legal on eviction progress until resolution
  • Effectively communicate any scheduled lockouts, skips, court dates, or return of possession dates / details to all appropriate team members
  • Request Health and Safety Inspections when necessary to confirm condition of property when habitability questions arise during eviction / collections process
  • Ensure all residents are moved out of appropriate systems in a timely manner, and manage all necessary dashboard information / alerts
  • Manage the Squatter Eviction process to ensure eviction of all unauthorized occupants are handled appropriately and in accordance with the law

Qualifications :

  • Extremely organized
  • Detail oriented
  • Exceptional customer service
  • Deal with situations and issues proactively and persistently
  • At least 1 year of Property Management experience is preferable
  • Strives to consistently meet and exceed service standards
  • Excellent verbal communication skills required
  • Ability to work well using office electronic tools, basic accounting and math skills, excellent written and verbal communication abilities
  • Knowledge of Yardi preferred

Minimum Requirements :

  • High school diploma or GED
  • Demonstrated attention to detail
  • Last updated : 2024-05-23

Job Summary

JOB TYPE

Full Time

INDUSTRY

Business Services

SALARY

$43k-54k (estimate)

POST DATE

05/24/2024

EXPIRATION DATE

08/22/2024

WEBSITE

triconresidential.com

HEADQUARTERS

Tustin, CA

SIZE

100 - 200

INDUSTRY

Business Services

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The job skills required for Collection specialist include Customer Service, Accounting, Verbal Communication, Attention to Detail, Communicates Effectively, 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.

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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