Collector

Mt. Washington Pediatric Hospital; Clive (IA); On-site; USD 32,000 - 52,000; Full time

Job summary

American Machine seeks a debt collection professional to maximize recoveries on charged-off accounts and purchased portfolios. The role focuses on skip-tracing, locating debtors, and articulating the benefits of payment to secure settlements or payment plans.

The position requires adherence to FDCPA & FCRA, strong organizational skills, and the ability to meet monthly collection goals in a fast-paced environment.

Qualifications

• High school graduate or GED is required.
• Knowledge of FDCPA & FCRA and related laws.
• Experience with skip-trace techniques and debt collection practices.

Responsibilities

• Maintain work standards on call numbers, talk time and accounts worked.
• Monitor dollars collected and monthly goal progress.
• Call debtors to collect on non-performing loans.
• Skip-trace to locate debtor or liable contact.
• Determine future activity on non-settled accounts, including settlements or payment plans.
• Answer calls and route to appropriate party or make business decisions.
• Ensure compliance with Federal, State & Local laws governing collections & credit bureaus.
• Adhere to company policies and employment guidelines.
• Respond to complaints.
• Perform special assignments as needed.

Skills

Focus & energy

Independent work

Organizational skills

User system knowledge

Skip-trace knowledge

Vending industry knowledge

FDCPA & FCRA knowledge

Small claims & bankruptcy knowledge

MS Office

Data entry accuracy

Education

High school diploma or GED

Tools

Skip-trace software

MS Office

Job description

• Location 8040 University Blvd,Clive, IA, 50325,United States
• Job Category Finance
• Industry Manufacturing
• Employee Type Non Union
• Required Degree High school
• Manage Others No

Contact information

• Phone [phone]
• Email [e-mail]

Description

Duties and Responsibilities:

1. Maintain work standards on call numbers, talk time and accounts worked.

2. Awareness of dollars collected/ related to monthly goal, throughout the month.

3. Calling debtors to collect on non-performing loans.

4. Skip-trace to locate debtor or liable party to contact.

5. Determine future activity on non-settled accounts, such as recommendations on lawsuit, agency assignment or second voice.

6. Pick-up incoming calls & route to appropriate party or make sound business decision with account.

7. Ensure that all policies and procedures of American Machine are followed, which includes compliance w/ Federal (FDCPA & FCRA ), State & Local laws governing collections & credit bureaus.

8. Ensure all Company guidelines and policies related to employment are adhered to.

9. Respond to complaints.

10. Perform special assignments as needed

GENERAL:

The above is intended to describe the general content of and requirements for performing this job. It is not an exhaustive statement of duties, responsibilities, or requirements. This description does not preclude the supervising authority from adding or changing duties or responsibilities as required to meet the company’s needs.

Requirements

Knowledge and Skills:

1. Ability to maintain focus and stay energized, since this type of work is to be accomplished in a fast paced environment.

2. Ability to work steadily and independently in order to meet work standards and collection goals.

3. Good organizational skills, including the ability to use the systems to manage their work que.

4. A thorough “User” knowledge of the system.

5. A good working knowledge of the current skip-trace technology.

6. A general knowledge of the vending industry.

7. Advanced knowledge of FDCPA & FCRA along with general knowledge of State and Local laws governing collection practices.

8. General knowledge of small claim filings, lawsuit filings and bankruptcies.

9. Good Internet and PC skills along with a general working knowledge of Microsoft’s Office Products.

10. Data Entry Skills of 3000-3500 key strokes per hour with accuracy of 80%.

Physical Requirements:

1. Ability to stay focused.

2. Maintain a good energy level, as this work must be accomplished in a fast-paced environment.

Education and Work Experience:

1. High school graduate or obtained GED.

Summary

To Maximize recoveries on charged-off Originated accounts, as well as Purchased Portfolios. Collectors need to maintain required work standards monthly as they work towards their monthly collection goals. This is accomplished by skip-tracing and locating debtors on non-performing accounts. Once debtors are located collectors need to articulate the benefit of paying their delinquent debts through their talk-off skills. Dollars collected need to be in the form of Quick-Collects, Money Orders, Cashiers Checks, Credit Cards, Checks printed in-house for current-dated and post-dated dollars or even cash. This money should equal the entire pay-off on account, if not it needs to be for an approved settlement or payment plan. Collectors need to be keenly aware of Federal, State, and Local Laws governing Debt Collection Practices. They also need to be proficient in skip-tracing techniques and know how to use current skip-trace technology.