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GENERAL DESCRIPTION: Responsible for retail collection activity on loans and deposit accounts. Assists the VP Credit Administration in the administration, as well as the collection/workout/liquidation of problem credits and management/sale of loan-acquired assets. Oversees the appraisal ordering process for the bank, assuring independence from the loan origination function, as well as compliance with regulatory requirements. Serves as review appraiser for commercial and retail loans and performs internal real estate evaluations when necessary. Reviews new loan requests with collateral in a special flood hazard area and calculates required flood insurance amounts. Tracks expiring flood insurance policies to ensure continued compliance. Develops management reports as required to monitor and assist in the above activities.
POSITION REQUIREMENTS:
Skills/education/experience required: Bachelor’s degree in business, or related field and 2 years of consumer lending and collections experience; or combination of education and work experience. Strong professional written and verbal communication skills. Must be able to read, analyze, and interpret the most complex documents. Detail oriented focus. Knowledge of legal guidelines regarding collection and consumer lending criteria and regulations.
If you wish to be part of a dynamic and growing banking organization, we would like to hear from YOU!
You may complete an on-line application at: www.cbibanks.com. Or, you may submit a cover letter, resume and salary history to:
Central Bancshares, Inc.
Attn: Human Resources
301 Iowa Avenue
Muscatine, IA 52761
Equal Opportunity Employer: Minorities, Women, Veterans, Disabilities
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, or national origin. We are also an equal opportunity employer of individuals with disabilities and protected veterans.
Job Type: Full-time
Benefits:
Weekly day range:
Work setting:
Ability to Relocate:
Work Location: In person
Full Time
Banking
$49k-67k (estimate)
04/23/2024
08/20/2024
peoplesbankofky.com
LOUISVILLE, KY
25 - 50
1906
$10M - $50M
Banking
The job skills required for Collector I include Bankruptcy, Loan Origination, etc. Having related job skills and expertise will give you an advantage when applying to be a Collector I. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Collector I. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Collector I positions, which can be used as a reference in future career path planning. As a Collector I, it can be promoted into senior positions as a Collections Specialist - Healthcare that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Collector I. You can explore the career advancement for a Collector I below and select your interested title to get hiring information.
If you are interested in becoming a Collector, 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 Collector for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Collector job description and responsibilities
Collectors recover overdue payments and past due accounts by tracking debtors down using the phone or mail.
01/09/2022: Savannah, GA
Collectors also stay mindful of clients’ possible fears about being contacted for past due accounts and sometimes refer them to debt counselors for additional assistance.
01/18/2022: Utica, NY
After the collector and debtor agree on a repayment plan, the collector continually checks to ensure that the debtor pays on time.
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Overdue payments on credit card balances, phone bills, auto loan payments, utility payments, and back taxes are examples of delinquent bills that a debt collector may be tasked with retrieving.
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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 Collector jobs
Collectors must follow federal and local laws that govern debt collection.
04/02/2022: Springfield, MO
Step 3: View the best colleges and universities for Collector.