Consumer Loan Collection/Recovery Supervisor jobs in Massachusetts

Consumer Loan Collection/Recovery Supervisor supervises a team of recovery representatives in consumer collection activities. Coaches team to achieve collection targets. Being a Consumer Loan Collection/Recovery Supervisor directs initiatives and policies to improve collection process. May require a bachelor's degree. Additionally, Consumer Loan Collection/Recovery Supervisor typically reports to a manager or head of a unit/department. The Consumer Loan Collection/Recovery Supervisor supervises a small group of para-professional staff in an organization characterized by highly transactional or repetitive processes. Contributes to the development of processes and procedures. Thorough knowledge of functional area under supervision. To be a Consumer Loan Collection/Recovery Supervisor typically requires 3 years experience in the related area as an individual contributor. (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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Consumer Loan Servicer (Bridgewater, MA)
  • Merrimack Valley Credit Union
  • Bridgewater, MA FULL_TIME
  • FUNCTIONAL SUMMARY: This non-remote and non-residential Consumer Loan Servicer position, based out of Bridgewater, MA, is responsible for the daily servicing needs of all consumer (non-real estate) lo...
  • Just Posted

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Consumer Loan Services Representative II
  • Member Support Services, LLC
  • Pittsfield, MA FULL_TIME
  • Job Overview: We are guided by our IDEA principles – Inclusion, Diversity, Equity, and Accessibility – to support a workforce that reflects our community. Our principles support our mission and our go...
  • Just Posted

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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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Collections Coordinator
  • Creative Financial Staffing
  • Pittsburgh, PA
  • COLLECTIONS COORDINATOR ABOUT THE COMPANY: Our client is a leading manufacturing organization and they are looking to ad...
  • 6/11/2024 12:00:00 AM

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Collections Coordinator
  • Creative Financial Staffing
  • Eagan, MN
  • Collections Coordinator The Collections Coordinator is responsible for managing the collections process of an organizati...
  • 6/11/2024 12:00:00 AM

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Collections Coordinator
  • Creative Financial Staffing
  • Addison, IL
  • Collections Coordinator ABOUT THE COMPANY: Our client is a leader in the food service industry. The company is growing q...
  • 6/11/2024 12:00:00 AM

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Collections coordinator
  • Creative Financial Staffing
  • Chicago, IL
  • Collections Coordinator Overview of the company: Our client is a privately held company in the distribution space They a...
  • 6/10/2024 12:00:00 AM

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Collections Coordinator
  • Armina Health
  • Lewisville, TX
  • Armina Health is on the lookout for a detail-oriented and driven Collections Coordinator to join our growing team in the...
  • 6/10/2024 12:00:00 AM

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Collections Coordinator
  • Creative Financial Staffing
  • Pittsburgh, PA
  • COLLECTIONS COORDINATOR ABOUT THE COMPANY: Our client is a leading employer in the Pittsburgh market and they're looking...
  • 6/8/2024 12:00:00 AM

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Collections Coordinator
  • White and Williams LLP
  • Philadelphia, PA
  • The Philadelphia office of White and Williams LLP, a large multi-practice law firm, is seeking a detail-oriented Collect...
  • 6/7/2024 12:00:00 AM

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Collections Coordinator
  • Loews Hotels & Co
  • Nashville, TN
  • Loews Hotels & Co is a leading owner and operator of luxury hotels with a portfolio consisting of 26 hotels and resorts ...
  • 6/7/2024 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 Supervisor jobs
$69,128 to $100,564

Consumer Loan Collection/Recovery Supervisor in Lorain, OH
When you are a supervisor, you are the leader in your field.
January 01, 2020
Consumer Loan Collection/Recovery Supervisor in Portland, ME
Bad debt is a serious problem for banks, which is why the consumer loan collection recovery supervisors play such an important role.
January 30, 2020
Consumer Loan Collection/Recovery Supervisor in Fresno, CA
Since it is a supervisor position, these requirements are going to be a bit more than they are with the representative position.
February 07, 2020