Consumer Loan Collection/Recovery Rep. jobs in Massachusetts

Consumer Loan Collection/Recovery Rep. is responsible for contacting "bad debt" customers to collect payments and settle accounts. Initiates account settlements pre-approved by a supervisor. Being a Consumer Loan Collection/Recovery Rep. requires a high school diploma or its equivalent. Typically reports to a supervisor. The Consumer Loan Collection/Recovery Rep. may require 0-1 year of general work experience. Possesses a moderate understanding of general aspects of the job. Works under the close direction of senior personnel in the functional area. (Copyright 2024 Salary.com)

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Consumer Loan Representative
  • Quincy Credit Union
  • Quincy, MA FULL_TIME
  • Description

     We are seeking a dedicated and detail-oriented Consumer Loan Support Specialist to join our team. In this role, you will perform a variety of support duties related to the processing of consumer loan applications and the delivery of lending products and services to our members. You will need to have a thorough understanding of the credit union's Consumer Lending Policies and Procedures, as well as a strong grasp of all banking systems and software applications relevant to the position. 

     

    Essential Functions & Responsibilities:

    •  Resolve issues with titles using various methods until the issues are completely corrected.
    •  Work on consumer loans as assigned by loan officers. Perform loan servicing duties including processing all consumer loans, E Oscar, reporting, and maintenance in Velocity. Execute administrative duties with high accuracy.
    • Handle projects and special assignments within the consumer lending department. These projects can range from short-term (one day) to long-term (several months).
    •  Order and coordinate reviews of required due diligence items such as credit reports, OFAC checks, appraisals, environmental reports, flood certificates, insurance certificates and/or binders, UCC filings, etc.
    • Serve as a secondary relationship contact for customers within the Member Business-Commercial portfolios. Respond to telephone inquiries and assist customers with problem resolution, walk-in coverage, and general questions regarding commercial loan products and services, including loan advances.
    •  Assist the residential loan servicing team as needed.

     Benefits: At Quincy Credit Union, we believe that our employees are our most valuable asset. That's why we're committed to providing a comprehensive benefits package designed to support your health, well-being, and future financial security. Here's a summary of the benefits you can expect as part of our team:

    1. Health Insurance: We offer competitive health insurance plans, including medical, dental, and vision coverage, to help you and your family stay healthy and happy.
    2. 401(k) Retirement Plan: Take advantage of our generous 401(k) retirement plan with a company contribution of 10%. Start building your nest egg for the future with confidence.
    3. Paid Time Off (PTO): We understand the importance of work-life balance. That's why we provide generous paid time off, including vacation days, holidays, and sick leave.
    4. Employee Assistance Program (EAP): Access confidential counseling, financial assistance, and other support services through our Employee Assistance Program, because your well-being matters to us.
    5. Professional Development: We invest in your growth and development with opportunities for training, workshops, and tuition reimbursement to help you reach your career goals.
    6. Wellness Programs: Stay healthy and active with our wellness programs, including fitness classes, wellness challenges, and access to resources for maintaining a healthy lifestyle.
    7. Life and Disability Insurance: Gain peace of mind with life insurance coverage and disability insurance options to protect you and your loved ones in unexpected circumstances.
    8. Employee Recognition: We believe in recognizing and celebrating your contributions. From peer-to-peer awards to milestone celebrations, we value your hard work and dedication.

    Requirements

    • Thorough understanding of Consumer Lending Policies and Procedures.
    • Proficiency in banking systems and relevant software applications.
    • Strong problem-solving skills and the ability to resolve issues with titles.
    • Attention to detail and high accuracy in performing loan servicing duties.
    • Excellent customer service skills and the ability to handle telephone inquiries and assist customers with problem resolution.
    • Ability to handle multiple projects and special assignments efficiently.
  • 11 Days Ago

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Consumer Loan Processor
  • Mass Bay Credit Union
  • Boston, MA FULL_TIME
  • *This is not a remote position * Primary Function: Under the supervision of the Department Manager, processes consumer loans on a timely and accurate basis and provides a consistently high level of qu...
  • 1 Month Ago

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Consumer Loan Officer
  • City of Boston Credit Union
  • South Boston, MA FULL_TIME
  • OVERVIEW: As a Consumer Loan Officer at City of Boston Credit Union, you will play a key role in the lending process by evaluating and underwriting consumer loan applications. Primary responsibilities...
  • 2 Months Ago

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Clinical Specialist - Urological Medical Device Sales - 21
  • Rep-Lite
  • Boston, MA FULL_TIME
  • Clinical Specialist - Urological Medical Device SalesAbout Us: We are a leading innovator in urological medical devices, dedicated to enhancing the well-being of men with an enlarged prostate through ...
  • 1 Day Ago

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Sr. Loan Servicing Specialist - Mortgage/Consumer Loan Servicing
  • Make Your Move
  • Salem, MA FULL_TIME
  • HIRING BONUS: This position is eligible for a $2,500 hiring bonus for new hires only. Speak with a Human Resources representative for more information. Salem Five is a growing regional financial servi...
  • 16 Days Ago

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Pawnbroker
  • Empire Loan
  • Stoughton, MA FULL_TIME,PART_TIME
  • EMPIRE LOAN IS GROWING!Empire Loan is looking for dynamic, driven and creative individuals to join our team in a part time position.Since 1985, Empire Loan has grown to become the #1 Pawnbroker and Go...
  • 4 Days Ago

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Remote Medical Collections Rep
  • Fresenius Medical Care
  • Plano, TX
  • PURPOSE AND SCOPE: The Patient Account Representative - Collections provides administrative support to the collections o...
  • 6/11/2024 12:00:00 AM

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Collections Reps
  • CornerStone Staffing
  • Tempe, AZ
  • Job Description Job Description CornerStone Staffing is hiring for a nationwide Bank for their Collections department. I...
  • 6/11/2024 12:00:00 AM

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ACCOUNTING-Accts. Receivable-Collections Rep I
  • Snap-on Inc
  • Kenosha, WI
  • Overview: SNAP-ON - Equipment Solutions Location: Kenosha, WI offices Work Schedule: In-office, Mon.-Fri. Maintain and a...
  • 6/11/2024 12:00:00 AM

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Collection Representative | Collections Rep
  • Jim Click Automotive
  • Tucson, AZ
  • The Collection Representative | Collections Rep is responsible for locating and contacting customers who are delinquent,...
  • 6/10/2024 12:00:00 AM

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Entry-Level Soft Collections Rep
  • TEKsystems
  • Mesa, AZ
  • *Join a 3rd Party Collections Team here in the Valley!* *Job Description:* As a collections representative you will be s...
  • 6/10/2024 12:00:00 AM

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Financial Counselor/collector/collections Rep
  • Universal Health Services
  • Clearwater, FL
  • Responsibilities The Business Office Collector/Financial Counselor provides benefit education to patients, parents and g...
  • 6/10/2024 12:00:00 AM

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Remote Collections Rep (Phoenix Residents)
  • Transworld Systems Inc.
  • Phoenix, AZ
  • Overview: Please Note: After the submission of your application, you will receive an email to complete a virtual intervi...
  • 6/9/2024 12:00:00 AM

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FINANCIAL COUNSELOR/COLLECTOR/COLLECTIONS REP
  • UHS
  • Clearwater, FL
  • Responsibilities The Business Office Collector/Financial Counselor provides benefit education to patients, parents and g...
  • 6/9/2024 12:00:00 AM

Massachusetts is the 7th-smallest state in the United States. It is located in the New England region of the northeastern United States and has an area of 10,555 square miles (27,340 km2), 25.7% of which is water. Several large bays distinctly shape its coast. Boston is the largest city, at the inmost point of Massachusetts Bay, and the mouth of the Charles River. Despite its small size, Massachusetts features numerous topographically distinctive regions. The large coastal plain of the Atlantic Ocean in the eastern section of the state contains Greater Boston, along with most of the state's po...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Consumer Loan Collection/Recovery Rep. jobs
$37,006 to $50,263

Consumer Loan Collection/Recovery Rep. in Santa Barbara, CA
After a federal tax rate of 12% has been taken out, Consumer Loan Collection/Recovery Rep.
December 16, 2019