Collections & Recovery Specialist

1st MidAmerica; Alton (IL); Hybrid; USD 42,000 - 64,000; Full time

Benefits offered by this job

Competitive salary and benefits

Opportunities for career growth

Supportive team environment

Job summary

1st MidAmerica in East Alton, IL is seeking a Financial Recovery Services Administrator to support the department with member delinquencies and collection processes.

You will update and maintain reports, compile monthly management reports, and coordinate with our vendor for CPI, charged-off accounts, and repossession activities.

This full-time role offers a competitive salary, benefits, and opportunities for career growth in a supportive team environment.

Qualifications

• High school diploma or equivalent.
• 1–3 years of related experience.
• Strong communication and attention to detail.
• Proficiency with Microsoft Outlook, Word and Excel.

Responsibilities

• Updates and maintains various reports and tracking modules.
• Compiles monthly reports for management.
• Processes and maintains all credit union collateral protection insurance (CPI) with vendor.
• Manages daily reports for accounts that have been charged off.
• Report monitoring and follow up with account maintenance for rejected loan payments.
• Handles credit life and disability claims with credit union vendor.
• Provides backup assistance with repossession processes.

Skills

Strong communication skills

Attention to detail

Education

High school diploma or equivalent

1–3 years of related experience

Tools

Outlook

Word

Excel

Job description

1st MidAmerica in East Alton, IL is seeking a Financial Recovery Services Administrator to support the department with member delinquencies and collection processes.

You will update and maintain reports, compile monthly management reports, and coordinate with our vendor for CPI, charged-off accounts, and repossession activities.

This full-time role offers a competitive salary, benefits, and opportunities for career growth in a supportive team environment.