Collection Representative II

Velera; Texas; Remote; USD 22,000 - 33,000; Full time

Benefits offered by this job

Medical with telemedicine

Dental and Vision

401k with employer match

Health Savings Accounts (HSA)

Flexible Spending Accounts (FSA)

Tuition Reimbursement

Wellness program

Paid Holidays

Job summary

Velera is seeking a Collection Representative II to contact consumers, negotiate payment in full or arrange settlements, and manage charged-off accounts with balances of $2,501+ in a remote-first environment. The role emphasizes compliance with FDCPA and strong knowledge of credit bureau reporting to support skip tracing and member discussions.

The position offers competitive wages, full benefits, and a focus on continuous improvement within a flexible, inclusive culture that supports work-life

Qualifications

• High school education or GED equivalent.
• Minimum 2 years collections or sales experience preferred.

Responsibilities

• Review accounts in the assigned queue to determine the next course of action to resolve delinquent accounts.
• Manage a portfolio of charged-off accounts with principal balances of $2,501 and greater.
• Utilize various collection strategies and skip tracing techniques to locate right parties when necessary.
• Apply knowledge of credit bureau reporting (CBR) to support skip tracing efforts and incorporate CBR insights into member discussions.
• Identify and provide resources to assist members in resolving their obligations.
• Negotiate payment terms, settlements, or payment arrangements in accordance with established guidelines, using probing questions to understand and overcome objections.

Skills

Negotiation

Skip tracing

Education

High school education or GED equivalent

Job description

Join the People Helping People

Velera is the nation’s premier payments credit union service organization (CUSO) and an integrated fintech solutions provider. The company serves more than 4,000 financial institutions throughout North America, operating with velocity to help our clients keep pace with the rapid momentum of change and fuel growth in the new era of financial services. Our purpose: We accelerate partners’ success through innovative financial technology solutions and inspired service.

The Opportunity

Collection Representative II utilizes various collection strategies and methodologies to contact consumers and negotiate payment in full, settle the account or establish payment arrangements on delinquent debt. This role manages a complete portfolio of charged-off accounts with principal balances of $2,501 and greater, requiring effective negotiation skills and strict compliance with all regulatory and company policies. The representative must have a solid understanding of credit bureau reporting (CBR) and leverage it in skip tracing efforts when appropriate, while also identifying resources to assist members in resolving their obligations and can incorporate that into their discussion.

Day In The Life

• Review accounts in the assigned queue to determine the next course of action to resolve delinquent accounts.
• Manage a portfolio of charged-off accounts with principal balances of $2,501 and greater.
• Utilize various collection strategies and skip tracing techniques to locate right parties when necessary.
• Apply knowledge of credit bureau reporting (CBR) to support skip tracing efforts and incorporate CBR insights into member discussions.
• Identify and provide resources to assist members in resolving their obligations.
• Negotiate payment terms, settlements, or payment arrangements in accordance with established guidelines, using probing questions to understand and overcome objections.
• Establish and maintain payment arrangements consistent with company standards.
• Dorm, close, and make recommendations on accounts in line with established guidelines.
• Make second voice calls as necessary to assist other collectors.
• Follow up on specific accounts that meet department criteria to ensure all work has been completed.
• Evaluate accounts where resolution is not possible and recommend for further review when appropriate.
• Participate actively in monthly continuous improvement training sessions to enhance collection techniques and adapt to new challenges.
• Maintain thorough knowledge of FDCPA and ensure compliance with all regulatory and company policies.
• Accurately and promptly document all account activity.
• Perform other duties as assigned.

Qualifications

• High school education or GED equivalent
• Minimum 2 years collections or sales experience preferred

About Velera

At Velera, inclusion isn’t an initiative – it’s how we work. Guided by a people‑helping‑people philosophy, we cultivate a culture where every employee feels valued, respected and empowered to do their best work. We’re committed to building a diverse workforce and fostering meaningful connection across our teams. Through a remote‑first, flexible environment, we prioritize psychological safety, wellbeing and belonging so individuals and teams can collaborate to thrive. Together, we’re shaping a new era of secure, innovative solutions for the clients and communities we serve. Learn more about what it’s like to work at Velera.

Pay Equity

$15.87 - $19.81 - $23.80 of salary range

The anticipated hiring range for this position is typically between the minimum and midpoint of the posted salary range; however, actual compensation may vary based on a variety of factors, including relevant experience, skills and qualifications, education, internal equity, and overall business and budget considerations. Velera is committed to providing competitive compensation that reflects both individual role and responsibilities, individual performance, and market.

Great Work/Life Benefits!

• Competitive wages
• Medical with telemedicine
• Dental and Vision
• Basic and Optional Life Insurance
• Paid Time Off (PTO)
• Maternity, Parental, Family Care
• Community Volunteer Time Off
• 12 Paid Holidays
• Company Paid Disability Insurance
• 401k (with employer match)
• Health Savings Accounts (HSA) with company provided contributions
• Flexible Spending Accounts (FSA)
• Supplemental Insurance
• Mental Health and Well-being: Employee Assistance Program (EAP)
• Tuition Reimbursement
• Wellness program
• Benefits are subject to generally applicable eligibility, waiting period, contribution, and other requirements and conditions

Velera is an Equal Opportunity Employer. We consider applicants without regard to race, color, religion, age, national origin, ancestry, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, veteran status, disability, genetic information, citizenship status, or membership in any other group protected by federal, state or local law.

Velera is an Equal Opportunity Employer that complies with the laws and regulations set forth in the following "EEO is the Law" Poster.

Velera 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 legal duty to furnish information.

Velera is an E-Verify Employer. Review the E-Verify Poster here. For information regarding your Right To Work, please click here.

This role is currently not eligible for sponsorship.

As an ongoing commitment to reasonably accommodate individuals with disabilities please contact a recruiter at [e-mail] for assistance.