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Member Care Collections and Loss Mitigation - Collections Representative

Golden 1 Talent Acquisition Team

Sacramento (CA)

On-site

USD 60,000 - 80,000

Full time

30+ days ago

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Job summary

Join a forward-thinking organization as a Collections Representative where you will play a key role in helping members resolve their financial challenges. This dynamic position involves engaging with members through high-volume communication to negotiate repayments and educate them on available options. You will be part of a dedicated team committed to exceptional service and member satisfaction. If you have strong communication skills and a passion for helping others, this role offers a rewarding opportunity to make a meaningful impact while developing your career in financial services.

Qualifications

  • Successful completion of high school curriculum required.
  • 6 months to 1 year of experience in a collection environment.

Responsibilities

  • Communicate with members to resolve delinquent accounts.
  • Place and receive high volume of calls for account negotiation.
  • Educate members on options to resolve delinquency.

Skills

Oral Communication
Written Communication
Critical Thinking
Negotiation

Education

High School Diploma

Tools

Financial Calculators
Personal Computer
Facsimile Machine

Job description

Member Care Collections and Loss Mitigation - Collections Representative

Sacramento, CA, USA Req #6001

Sunday, March 2, 2025

Our headquarters in Sacramento contains the core functions that support our mission to deliver financial solutions with value, convenience and exceptional service to our members.

JOB TITLE: Member Care Rep 1
DEPARTMENT: Member Care
STATUS: Non - Exempt
JOB CODE: 1750

PAY SCALE: $20.00 - $21.50 Hourly

GENERAL DESCRIPTION:

Communicates and interacts with members for the prompt resolution of delinquent and negative accounts to minimize Golden 1’s loss of non-performing asset accounts.

TASKS, DUTIES, FUNCTIONS:

  • Place and receive a high volume of inbound and outbound calls in an effort to negotiate re-payment for past due and negative accounts.
  • Identify, investigate, and resolve delinquent and negative account activity.
  • Update member and credit union account information accurately and efficiently.
  • Demonstrate an understanding of the member’s needs, concerns, and frustrations by responding with care and concern, and an appropriate sense of urgency.
  • Educate members about options available to resolve their delinquency and retain and enhance member loyalty.
  • Communicate and interact with other Golden 1 team members to gather information for resolution of delinquent accounts.
  • Ability to de-escalate tense situations, looking from several points of view and applying good judgment and critical thinking to resolve the situation.
  • Learn and retain an exceptional working knowledge of department financial assistance programs and services.
  • Prepare and process documentation necessary to resolve delinquent accounts.
  • Review and research Credit Union records and transactions to resolve misapplied payments and transactions to ensure payments are accurately credited.
  • Evaluate payments (regular and irregular) being made on delinquent accounts to determine how the payment will be applied, i.e., principal, interest, escrow, and late charges, and when it is necessary to return a payment if foreclosure proceedings have been initiated or payment is unacceptable.
  • General knowledge of repossessions from assignment through insurance claims and deficiency balances, if warranted, and vehicle remarketing.
  • General knowledge of loss mitigation and potential benefits to the member and Golden 1.
  • General knowledge about how to obtain the member’s financial information and use it to assist and resolve the member’s delinquency.
  • Initiate skip tracing techniques to locate member’s or the credit union’s collateral.
  • Maintain a thorough understanding of state and federal laws and regulations related to credit union compliance including bank secrecy and anti-money laundering laws appropriate to the position.
  • Compliance with credit union policies, Fair Debt Collection Practices, and other applicable rules and regulations related to Collections.
  • Meet and achieve established performance standards commensurate to grade level, with phone efficiency and quality in a fast-paced environment.
  • Maintain acceptable call quality scores as audited and measured monthly.
  • Complete regulatory training modules annually, as required.
  • Perform other duties as assigned.

PHYSICAL SKILLS, ABILITIES, AND EXERTION UTILIZED IN THE PERFORMANCE OF THESE TASK:

  • Effective oral and written communication skills required to interact with members and provide constructive follow-up on delinquent accounts.
  • Must possess sufficient manual dexterity to skillfully operate an on-line computer terminal and other standard office equipment, such as financial calculators, personal computer, facsimile machine, and telephone.

ORGANIZATIONAL CONTACTS & RELATIONSHIPS:

  • INTERNAL : Branch management, staff, Payroll Deduction, Electronic Services, Centralized Lending, Records Management, and Compliance and Risk Management.
  • EXTERNAL: Members, law enforcement agencies, judicial departments, peer collectors, or groups that will result in resolution of delinquent accounts.

QUALIFICATIONS:

  • EDUCATION: Successful completion of High School curriculum is required.
  • EXPERIENCE: Six months to one year performing general collection duties in a collection environment.
  • KNOWLEDGE / SKILLS: Strong oral and written communication skills, facsimile machine, ten key, microfiche, electronic banking equipment, Visa terminal, credit union and collection rules, regulations, and policies.

PHYSICAL REQUIREMENTS:

  • Prolonged sitting throughout the workday with occasional mobility required.
  • Corrected vision within the normal range.
  • Hearing within normal range. A device to enhance hearing will be provided if needed.
  • Occasional movements throughout the department daily to interact with staff, accomplish tasks, etc.
  • High volume of telephone communication throughout the workday.

LICENSES / CERTIFICATIONS:

None

REV. 10/6/2023

We appreciate your interest in joining the Golden 1 team! If you are selected to participate in the interview process we will contact you.

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