Retail Loan Collections Leader — Strategy & Foreclosures

Alerus Financial Corporation; Shoreview (MN); On-site; USD 80,000 - 110,000; Full time

Benefits offered by this job

Competitive salary

Comprehensive benefits package

Generous paid time off

Learning and development resources

Community support through paid volunteer time

Job summary

A financial institution in Shoreview seeks a Retail Loan Collections Manager to oversee the collection and control of consumer, mortgage, and small business loans. Responsibilities include managing collections, implementing strategies, and providing leadership to staff. Required qualifications include 5-7 years of experience in bank collections, supervisory skills, and strong communication abilities. This role offers competitive compensation and a comprehensive benefits package.

Qualifications

• 5-7 years of experience in bank collection practices and procedures required.
• 2+ years of supervisory experience preferred.
• Prior experience with foreclosures is necessary.
• Excellent written and verbal communication skills are required.
• Strong leadership and team-building skills needed.

Responsibilities

• Manage timely collections and follow up of delinquent and charged-off consumer loans.
• Develop and implement collection strategies while monitoring account workflow.
• Engage real estate brokers and auctioneers for asset liquidation.
• Oversee management of daily overdrafts on retail and small business accounts.

Skills

Bank collection practices

Supervisory skills

Communication skills

Leadership skills

Job description

A financial institution in Shoreview seeks a Retail Loan Collections Manager to oversee the collection and control of consumer, mortgage, and small business loans. Responsibilities include managing collections, implementing strategies, and providing leadership to staff. Required qualifications include 5-7 years of experience in bank collections, supervisory skills, and strong communication abilities. This role offers competitive compensation and a comprehensive benefits package.