Consumer Loan Collection/Recovery Manager jobs in Michigan
Consumer Loan Collection/Recovery Manager manages a group of collection/recovery supervisors and develops collection strategies to minimize "bad debt" portfolio loss. Responsible for initial and ongoing training for all subordinate personnel. Being a Consumer Loan Collection/Recovery Manager requires a bachelor's degree. Typically reports to a top management. The Consumer Loan Collection/Recovery Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be a Consumer Loan Collection/Recovery Manager typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)
Recently Added Consumer Loan Collection/Recovery Manager jobs
Consumer Loan Accounting Manager
- Comerica Bank
-
Detroit, MI
FULL_TIME
-
Consumer Loan Accounting Manager
The Consumer Loan Accounting Manager is responsible for the management and supervision of the Bank's residential mortgage and consumer loan accounting functions and team members, which includes residential mortgage, HELOCs and other consumer loan products. The Manager also supports the accounting department's monthly close processes as well as ensures accurate external financial reporting is provided for consumer loan activities. The role will have a particular focus on providing meaningful financial analysis and driving business process efficiencies and automation.Position Responsibilities:
Accounting Operations Management- Oversee and manage the Consumer Loan Accounting team to ensure timely and accurate accounting for loan origination, settlement and servicing activities, including review of journal entries and account reconciliations to ensure proper accounting.
- Reviews the consumer financial loan activity (disbursements, payments, adjustments, sales, and purchases), to ensure accurate processing on the loan servicing sub-systems and general ledger impacts.
- Manages compliance with general ledger and demand deposit account corporate reconciliation and aging standards for all consumer loan accounts.
- Assist Consumer Loan Center (CLC) business partners with the review and maintenance of the Consumer Loan Policies and ensure compliance with these policies effectuates accurate accounting treatment under US GAAP.
Change Agent and Project Coordinator- Serve as leader for Consumer Loan Accounting on digital transformation initiatives impacting the General Ledger or loan subledgers.
- Support the development and maintenance of the financial systems utilized in the Consumer Loan area, including overseeing testing of the system for enhancements and upgrades in coordination with IT and the Systems Support team.
- Make and implement recommendations which result in improvements to the integrity and quality of our consumer loan accounting processes, accounting policies and procedures along with the efficiency of the department.
Analytics and Financial Monitoring- Analyze revenue and expense trends and report on net interest margin categories by assisting with month-end close analysis.
- Prepare monthly financial analysis and coordinate with CLC business partners and business finance/FP&A for additional insights on performance trends.
- Manages external Loan Center financial reporting including Federal Reserve Call Reporting and the FHLB audit for accounting; comply with government regulations and maintain procedures for timely and accurate reporting.
- Lead all responses to risk management and internal control inquiries (including SOX) for the consumer loan accounting functional area, including providing relevant information to management, auditors, and regulators in accordance with monthly, quarterly, and annual deadlines.
Position Qualifications:- Bachelor's degree in accounting, finance, management, or related field
- 5 years of Experience in Accounting, Finance, or in Auditing (or a combination relevant to the job requirements)
- 3 years of Experience with financial analysis and reconciliations
- 3 years of Experience in management or supervision
- 2 years of Working on a project team or leading projects; experience with implementing systems and/or process changes
- Knowledge of consumer loan settlement processes and banking products
License or Certification:- CPA Preferred (or specialized experience, certification, license, or advanced degree in area of expertise)
8:00am - 5:00pm Monday - Friday This position offers a hybrid work model that includes onsite and remote days as determined by the manager.
Comerica is proud to be an Equal Opportunity Employer - veterans/individuals with disabilities, committed to workplace diversity. - 10 Days Ago
Consumer Loan Sales Specialist
- ClickJobs.io
-
St Clair Shores, MI
FULL_TIME
- At OneMain, Consumer Loan Sales Specialists empower customers – listening to their needs and providing access to friendly, fast, and affordable financing for life’s expenses. Consumer Loan Sales Speci...
- 3 Days Ago
Consumer Loan Sales Specialist
- OneMain Financial
-
St Clair Shores, MI
FULL_TIME
- At OneMain, Consumer Loan Sales Specialists empower customers – listening to their needs and providing access to friendly, fast, and affordable financing for life’s expenses. Consumer Loan Sales Speci...
- 5 Days Ago
Consumer Loan Assistant
- Alpena Alcona Area Credit Union
-
Alpena, MI
FULL_TIME
- Duties: Review and proof consumer lending package for accuracy and closure. Review delinquent accounts and attempt to collect debt. Provides assistance on special projects as assigned. Performs other ...
- 7 Days Ago
Consumer Loan Processor
- Alpena Alcona Area Credit Union
-
Alpena, MI
FULL_TIME
- Duties: Essential Functions & Responsibilities: Interviews members in person or by telephone to assist them in preparing loan applications. Obtains personal and financial information. Answers question...
- 8 Days Ago
Consumer loan specialist
- OneMain Financial
-
Livonia, MI
FULL_TIME
- At OneMain , Consumer Loan Sales Specialists empower customers listening to their needs and providing access to friendly, fast, and affordable financing for life’s expenses. Consumer Loan Sales Specia...
- Just Posted
Consumer Loan Collection/Recovery Manager jobs at Popular Companies
Collections Manager
- Cypress HCM
-
Mason, OH
- Responsibilities: Lead and oversee a proficient team of collectors and customer service representatives to attain collec...
- 6/11/2024 12:00:00 AM
Collections Manager
- Craft Recruiting
-
Great Neck, NY
- We are innovators and problem-solvers committed to reshaping the small business finance industry. Founded on the belief ...
- 6/10/2024 12:00:00 AM
Collections Manager
- Cornerstone Resources
-
Tempe, AZ
- Cornerstone Resources is recruiting for a Collections Manager located in the state of Arizona. This position will be res...
- 6/10/2024 12:00:00 AM
Collections Manager
- Grayson Search Partners
-
Carol Stream, IL
- Seeking a Collections Manager. The collections Mangager is a key member of our management team by facilitating effective...
- 6/9/2024 12:00:00 AM
Collections Manager
- Crowell & Moring
-
New York, NY
- Job Description Crowell & Moring LLP is an international law firm with offices in the United States, Europe, MENA, and A...
- 6/9/2024 12:00:00 AM
Collections Manager
- Forge Search
-
- We are partnering with a rapidly growing, privately held company here in Greenville, SC looking to hire a Collections Ma...
- 6/7/2024 12:00:00 AM
Collections Manager
- MATHESON
-
Irving, TX
- Collections Manager will be responsible for all aspects of credit and collections policy and procedures adherence for th...
- 6/7/2024 12:00:00 AM
Collection Manager
- Leidos
-
Charlottesville, VA
- Description The National Security Sector within Leidos is seeking a Collection Manager to support our customer and work ...
- 4/9/2024 12:00:00 AM
About Michigan
Michigan consists of two peninsulas that lie between 82°30' to about 90°30' west longitude, and are separated by the Straits of Mackinac. The 45th parallel north runs through the state—marked by highway signs and the Polar-Equator Trail—along a line including Mission Point Light near Traverse City, the towns of Gaylord and Alpena in the Lower Peninsula and Menominee in the Upper Peninsula. With the exception of two small areas that are drained by the Mississippi River by way of the Wisconsin River in the Upper Peninsula and by way of the Kankakee-Illinois River in the Lower Peninsula, Michigan...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Consumer Loan Collection/Recovery Manager jobs
$86,507 to $128,884
Most Popular Cities in Michigan for Consumer Loan Collection/Recovery Manager Jobs
What does a Consumer Loan Collection/Recovery Manager do?
Consumer Loan Collection/Recovery Manager in Brockton, MA
The consumer loan collection recovery manager job description also includes that the collection recovery manager is responsible for the training of any subordinate employees (both initial and ongoing) and is responsible for any losses these personnel make.
February 20, 2020
Consumer Loan Collection/Recovery Manager in High Point, NC
The consumers targeted did not actually owe the debt being collected.
February 22, 2020
Consumer Loan Collection/Recovery Manager in Boulder, CO
DFI has received complaints from Washington consumers who received threatening emails from entities claiming to be “Ace Cash Services” and “Ace Cash.” It appears that this activity is a loan collection scam.
December 31, 2019