Financial Recovery Administrator - Full Time

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

Financial Recovery Administrator - Full Time

East Alton, IL, US

30+ days ago Requisition ID: 1917

Job Title: Financial Recovery Services Administrator (Collections)

1 st MidAmerica is a trusted financial institution dedicated to providing exceptional service to our members. We pride ourselves on our commitment to the communities we serve and our focus on delivering an array of financial products for each step in their financial journey. We are currently seeking motivated and member-oriented individuals to join our team as a Financial Recovery Services Administrator.

Job Summary:

We are seeking a Financial Recovery Services Administrator to assist the Financial Recovery Department with member delinquencies and collection processes and creating departmental reports.

Key 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.

Qualifications:

• High school diploma or equivalent.
• One year to three years of similar or related experience.
• Strong communication skills and attention to detail.
• Proficient with Microsoft products (Outlook, Word, and Excel).

What We Offer:

• Competitive salary and benefits.
• Opportunities for career growth.
• Supportive team environment.

Schedule:

• Monday – Friday 8:00 AM – 5:00 PM

Disclaimer

Must be able to work and travel to different credit union locations as determined by management.

1 st MidAmerica is an Equal Opportunity Employer.