What are the responsibilities and job description for the Collections Specialist position at ApTask?
About the role
About Client: The client is a leading financial services company in the United States that specializes in providing private student loans, education financing solutions, and related financial products to help students and families fund higher education. The company supports students throughout their academic journey by offering loan programs, scholarship resources, and tools designed to make college more accessible and affordable. It has a strong focus on customer service, financial education, and helping borrowers achieve their educational goals.
Salary : $41K per year
Job Description:
- The Specialist, Collections will be responsible for performing collection activities in an effort to recover losses from assigned accounts. Responsibilities:
- Manage a portfolio of assigned delinquent accounts.
- Initiate contact with debtors through phone calls, emails, and written correspondence to discuss outstanding debts, payment options, and negotiate payment arrangements.
- Document all collection activities, including communication records, payment arrangements, and any relevant information obtained during discussions with debtors within client standards and Federal Regulations.
- Provide exceptional customer service to debtors, responding to inquiries, providing accurate information, and addressing concerns.
- Utilize skip tracing techniques and tools to locate debtors who have changed contact information or are difficult to reach. Minimum education, skills and experience required.
- Strong negotiation and persuasion skills, with the ability to effectively communicate with debtors in a respectful and professional manner.
- Effective verbal and written communication skills, including active listening skills and the ability to empathize with debtors.
- Ability to handle difficult conversations and resolve conflicts while maintaining composure and professionalism.
- Detail-oriented with excellent organizational and time management skills.
- Reliable, ability to work flexible day, evenings and weekend hours as required.
- Basic computing skills
- Must be able to obtain required License for collecting upon placement. Preferred education, skills, and experience.
- High school diploma or equivalent; some college coursework in business or related fields is preferred.
- 0-1 years of experience in collections or related customer service roles, preferably in a financial or credit environment.
- Proficiency in using collections software, customer relationship management (CRM) systems, and Microsoft Office Suite.
- Familiarity with debt collection laws, regulations, and compliance requirements.
Please note that ApTask offers subsidized insurance coverage to our employees.
About ApTask: ApTask is a leading global provider of workforce solutions and talent acquisition services, dedicated to shaping the future of work. As an African American-owned and Veteran-owned company, ApTask offers a comprehensive suite of services, including staffing and recruitment solutions, managed services, IT consulting, and project management. With a focus on excellence, collaboration, and innovation, ApTask provides unparalleled opportunities for professional growth and development. As a member of the ApTask team, you will have the chance to connect businesses with top-tier professionals, optimize workforce performance, and drive success across diverse industries. Join us at ApTask and be part of our mission to empower organizations to thrive while fostering a diverse and inclusive work environment.
Applicants may be required to attend interviews in person or by video conference. In addition, candidates may be required to present their current state or government issued ID during each interview.
Candidate Data Collection Disclaimer: At ApTask, we prioritize safeguarding your privacy. As part of our recruitment process, certain Personally Identifiable Information (PII) may be requested by our clients for verification and application purposes. Rest assured, we strictly adhere to confidentiality standards and comply with all relevant data protection laws. Please note that we only collect the necessary information as specified by each client and do not request sensitive details during the initial stages of recruitment.
If you have any concerns or queries about your personal information, please feel free to contact our compliance team at compliance@aptask.com.
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About finance at ApTask
Finance roles at ApTask cover the technology, operations, risk, and compliance functions inside banks, insurers, asset managers, and fintech firms. Our recruiters have placed into the specific trading, treasury, and regulatory-reporting platforms our clients run — Murex, Calypso, Bloomberg AIM, Aladdin, Charles River, and the major GL and consolidation stacks. Because financial-services engagements carry FINRA, SEC, and state-regulator scrutiny, every candidate placed through ApTask is fingerprinted, credit-checked, and background-verified against the client's specific compliance program before onboarding.
Benefits:
Direct-hire position. Health care, retirement, paid time off, and other tax-reportable benefits provided by the hiring employer per standard employment terms.Salary : $41,000