Consumer Loan Collector jobs in Vermont
Consumer Loan Collector contacts customers who are delinquent in the repayment of their loans and obtains payments, commitment agreements or establishes a repayment plan. Follows set policies and procedures when determining suitable collection solution. Being a Consumer Loan Collector requires a high school diploma or its equivalent. Typically reports to a supervisor. The Consumer Loan Collector 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)
Recently Added Consumer Loan Collector jobs
Consumer Loan Officer
- New England Federal Credit Union (NEFCU)
-
Williston, VT
PART_TIME
-
New England Federal Credit Union is looking for a Consumer Loan Officer to join the team! This position can be worked out of either our Williston or Montpelier branches. This role is responsible for analyzing and underwriting consumer loan applications received by the company. This position screens consumer loan applications to determines acceptability of the credit request based on the organizations predetermined lending guidelines and the ability for the borrower to repay the loan. This position takes loans requests over the phone, online, and handles pre-approval requests. Requires management of high-volume calls, management of lending queues and provides back up for indirect lending. Responsible for management of all lending inquiries and channels.
Specific Duties Include- Ensures that each approved application meets the company’s lending standards. The loan officer will underwrite and approve loans within the lending and pre-approval limits given to them in a pre- approved lending authority document and will use underwriting methodology by following the Consumer Lending policy and determining eligibility factors based on credit report and collateral values, employment history, tax forms, member assets, property value and other criteria.
- Maintain a knowledge of the direct, indirect, and green lending market by obtaining and reviewing competitor program information as needed. Looking for member solutions that serve the best interests of the member and the credit union. Maintain strict confidentiality practices for the protection and care of credit union members.
- Underwrite direct, indirect, and green loan applications according to policy and regulations. Underwrite small business loans according to policy and regulation. Help advance processors knowledge base and look to resolve/prevent fraud.
- Monitor assigned pipeline, keeping up on the tasks required between approval and closing to meet all program and service guidelines. Focus on providing excellent member, dealer, and vendor experience.
- Reach out to previous borrowers to review the mission of NEFCU, offer any new products and services that may be beneficial. Close any lending product and refer deposition offerings to the appropriate channel. Meet stated solution goals as part of NEFCU’s member relationship development culture. Look for cross-sell opportunities to expand relationships. Look to be an advocate for member and subject matter experts for internal and external teams.
- Provide back up as needed to the Consumer Lending Support staff by obtaining documentation to aid in processing and disbursing Direct, Indirect loans and assisting with Green Loan handling and producing daily and monthly loan reports.
- Three years to five years of similar or related experience, including preparatory experience in a financial institution including one to two years consumer lending experience or other comparable combination of education and experience.
- Familiarity with credit union products and operations in consumer lending. Experience with consumer lending software; processing and underwriting software required.
- Strong organizational, multi-tasking, data and information management, writing and member service skills.
- Strong written and verbal professional communication skills.
- Ability to work cooperatively with others, work efficiently and provide accuracy in a fast-paced environment.
Compensation details: 26.07-30.67 Hourly Wage
PI5eff5fe6fb4e-35196-34479996 - 4 Days Ago
Consumer Loan Officer
- New England Federal Credit Union (NEFCU)
-
Saint George, VT
PART_TIME
- New England Federal Credit Union is looking for a Consumer Loan Officer to join the team! This position can be worked out of either our Williston or Montpelier branches. This role is responsible for a...
- 10 Days Ago
Consumer Loan Call Center Processor
- Vermont Federal Credit Union
-
South Burlington, VT
FULL_TIME
- Vermont Federal Credit Union values each individual and their unique abilities and strengths to help form the foundation of Vermont Federals' culture. Our employees are at the core of Vermont Federal ...
- 1 Month Ago
Collector
- Advantage Solutions
-
Montpelier, VT
FULL_TIME
- Minimum : Maximum : Hey detail-oriented person! We handle product movement at retail. We display it, we move it, we track it; making sure stores and their product suppliers have the best opportunities...
- 16 Days Ago
Senior Staff Accountant
- Vermont Community Loan Fund
-
Montpelier, VT
FULL_TIME
- The Vermont Community Loan Fund (VCLF) is a nonprofit financial institution that provides loans and other resources to local businesses, community organizations & nonprofits, early care & learning pro...
- Just Posted
SVP CFO
- Brattleboro Savings & Loan
-
Brattleboro, VT
FULL_TIME
- Brattleboro Savings and LoanJob DescriptionTitle: Vice President, Culture Officer Date: May 2024Reports to: President & CEO Dept: ExecutiveAbout Us:Brattleboro Savings and Loan is a Vermont-chartered ...
- 10 Days Ago
Consumer Loan Collector jobs at Popular Companies
Legal Account Resolution Specialist - Collector
- Weltmann Lighting, LLC
-
Cincinnati, OH
- $2k RetentionBonus during your 1st year of Employment! Are you looking to start your career in the Legal field or contin...
- 6/11/2024 12:00:00 AM
Collector
- Community Bank System, Inc.
-
Olean, NY
- Overview: At Community Bank System, Inc. (CBSI), we are dedicated to providing our customers with friendly, personalized...
- 6/11/2024 12:00:00 AM
Team Manager, Acquisitions
- Masterworks
-
New York, NY
- Company Overview: Masterworks is a fintech platform that allows anyone to invest in SEC-qualified shares of multi-millio...
- 6/11/2024 12:00:00 AM
Consumer Collector - 5-10K a Year Commissions + Salary (No Weekends)
- Joseph ,Mann & Creed
-
Brook Park, OH
- Job Description Job Description Are you looking for a great career and extra earning potential? As we continue to grow, ...
- 6/11/2024 12:00:00 AM
Financial Services - Lead Collections Representative
- Suffolk Credit Union
-
Medford, NY
- Join our Collections team as the Lead Collections Representative and start empowering your possible! As a leader in the ...
- 6/11/2024 12:00:00 AM
Collector Customer Service Representative
- Patenaude & Felix, APC
-
San Diego, CA
- COLLECTOR CUSTOMER SERVICE REPRESENTATIVE Patenaude & Felix, APC of San Diego, CA is looking to hire a full-time Legal A...
- 6/11/2024 12:00:00 AM
Team Manager, Acquisitions
- Masterworks, LLC
-
New York, NY
- Company Overview: Masterworks is a fintech platform that allows anyone to invest in SEC-qualified shares of multi-millio...
- 6/11/2024 12:00:00 AM
Collectors Commercial and Consumer
- Joseph ,Mann & Creed
-
Brook Park, OH
- Job Description Job Description Are you looking for a great work environment and unlimited earning potential? As we cont...
- 6/10/2024 12:00:00 AM
About Vermont
Vermont is located in the New England region of the Northeastern United States and comprises 9,614 square miles (24,900 km2), making it the 45th-largest state. It is the only state that does not have any buildings taller than 124 feet (38 m). Land comprises 9,250 square miles (24,000 km2) and water comprises 365 square miles (950 km2), making it the 43rd-largest in land area and the 47th in water area. In total area, it is larger than El Salvador and smaller than Haiti. It is the only landlocked state in New England, and it is also the easternmost and the smallest in area of all landlocked sta...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Consumer Loan Collector jobs
$37,142 to $43,606
Most Popular Cities in Vermont for Consumer Loan Collector Jobs
What does a Consumer Loan Collector do?
Consumer Loan Collector in Shreveport, LA
The consumer loan collector relies on a pre-established guideline and instructions and works under direct supervision.
January 24, 2020
Consumer Loan Collector in Buffalo, NY
Abusive language, threats, and harassment by a consumer loan collector can result in a lawsuit.
January 05, 2020
Consumer Loan Collector in Danbury, CT
This can be very stressful and very demanding, mentally and emotionally, for the loan collector.
December 23, 2019