What are the responsibilities and job description for the Asset Solutions Specialist position at Advantage Federal Credit Union?
The Asset Solutions Specialist will preserve the credit union's assets by controlling delinquent loan accounts, collecting delinquent loan payments and/or recovering collateral. The salary range for this position is $21.00-$24.00 per hour.
Essential Functions & Responsibilities
>Contacts delinquent accounts (by assigned queue) by phone calls, mail and email
>Takes appropriate action to bring current
>Other collection duties:
Reply to attorney emails (back-up)
Charge off loans (smart pay and overdrawn accounts)
Posting attorney checks (back-up)
>Debt Settlement related work - filing claims, follow up and applying payments
>Filling out charge off worksheet and send to management for approval
>Processing returned mail on collections related activity
>Insurance Claims - filing claims, follow up and applying payments
>Process subpoenas (back-up)
>All other necessary filing
>Performs other job related duties as assigned.
Performance Measurements
Essential Functions & Responsibilities
>Contacts delinquent accounts (by assigned queue) by phone calls, mail and email
>Takes appropriate action to bring current
>Other collection duties:
Reply to attorney emails (back-up)
Charge off loans (smart pay and overdrawn accounts)
Posting attorney checks (back-up)
>Debt Settlement related work - filing claims, follow up and applying payments
>Filling out charge off worksheet and send to management for approval
>Processing returned mail on collections related activity
>Insurance Claims - filing claims, follow up and applying payments
>Process subpoenas (back-up)
>All other necessary filing
>Performs other job related duties as assigned.
Performance Measurements
- To maintain accurate and complete records of all collection and recovery activity.
- To ensure that collection activity is both within credit union policy and all relevant regulations.
- To provide friendly, professional and accurate service and support to all members and associates.
- Expectations are for the collectors are to be sure to contact members via phone calls, letters, e-mails and text
- Ability to work in fast-paced environment.
- Support branches during regular business hours:
Salary : $21 - $24