Collector

Posted 3 Days Ago
Be an Early Applicant
Worcester, MA, USA
In-Office
20-27 Hourly
Entry level
Financial Services
The Role
Collects delinquent consumer loans through account research, borrower telephone outreach, payment processing, payment-plan authorization, and documentation. Ensures activities comply with banking laws, regulations, and internal procedures while handling department mail and supporting portfolio soundness.
Summary Generated by Built In
Job Summary & Responsibilities

Division:              Bank Operations 
Department:        Collections
Reports to:          Retail Collections Manager 
Status:                 Non-Exempt
Grade:                  5

Pay Range:          $20.00 - $27.13

Actual compensation within the pay range will be determined based on factors including, but not limited to, skills, prior relevant experience, and specific work location.

Location:            Worcester, MA, Pittsfield, MA or Lincoln, RI



Purpose/Objective:

This position is accountable for the collection of delinquent consumer loans in order to contribute to the soundness of the consumer loan portfolio through prompt collection of delinquent accounts while assuring legal compliance.

 

Key Accountabilities:

  • Review and research delinquent accounts to verify payment history and consumer loan status. Performs outreach via telephone and documents contacts with delinquent borrowers to communicate delinquent status. May authorize a revised payment schedule. Is also responsible for processing received payments as well as, incoming and outgoing department mail. 100%
  • Ensures compliance with all banking laws, rules, regulations, and prescribed policies/practices/procedures necessary to reduce risk and uphold ethical standards related to and required by one’s duties.

Education:

  • High school diploma or equivalent

Experience:

  • General business experience desirable
  • Collections experience desirable

 

Skills & Knowledge:

  • Communication skills
  • Organizational skills

Beacon Bank is an Equal Opportunity Employer - all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin. If you would like to contact us regarding the accessibility of our website, need assistance completing the application process, or would like to request alternative methods of applying, please contact us at [email protected].

Skills Required

  • High school diploma or equivalent
  • General business experience
  • Collections experience
  • Communication skills
  • Organizational skills
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The Company
HQ: Boston, MA

What We Do

Beacon Bank is a publicly traded, relationship-driven, full-service regional bank serving the Northeast with tailored financial solutions and personalized service. It provides a comprehensive suite of banking solutions, including commercial, cash management, asset-based lending, retail, consumer, and residential products and services, and has been recognized as one of America’s Best Regional Banks by Newsweek.

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