Consumer Loan Collection/Recovery Manager jobs in Alaska

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)

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Consumer Loan Processor
  • Credit Union 1 Alaska
  • Anchorage, AK FULL_TIME
  • Job Details

    Description

    ESSENTIAL JOB FUNCTIONS:

    75% Processing Functions

    • Calls for payoff amounts and mailing instructions, verifications of employment and income, credit verifications, vehicle inspection reports and any additional information that may be needed to complete the loan.
    • Receive and log incoming packets from the dealerships.
    • Perform proficient review of contracts and documentation for completeness, accuracy and compliance with existing laws, statues, regulations and credit union policies and procedures.
    • Accurately calculate income to ensure it verifies to the stated income on the application.
    • Maintains at least minimum standard of Debt Protection, Mechanical Breakdown Insurance and GAP sales on non-indirect loans.
    • Communicate with member, seller and/or dealerships regarding missing documentation and collect as necessary.
    • Establish new accounts on non-member applications. Provide new account documents and welcome letter.
    • Reviews all incoming loan documents for quality control; i.e. due date, payment amount, disclosures checked, forms signed, etc.
    • Assists with notary administration as needed.

    15% Closing Functions

    • Sets up loan closing appointments and assures that all information from buyer/seller dealer or other parties have been obtained and are loaded in the system prior to closing. Closes approved consumer loans and ensures that all loan documents are complete and orderly. Ability to perform the Hard Close. Sends loan proceeds and authorization for payoff to appropriate parties.
    • Coordinates and monitors loans closings through the mail email, electronically and by fax. Assures that all loan documents are received and signed appropriately.

    10% Other Duties as Assigned

    • Maintains a high level of professionalism, tact and courtesy when interacting with members, financial institutions, sellers and dealership employees.
    • Able to work variable shifts within a 7 day a week schedule.
    • Meets the current standards as established for the position. Obtain drills daily from Consumer Loan Supervisor for drill card when applicable.
    • Meets the current standards as established for the department in the completion of all assigned duties.
    • Performs other duties as assigned.

    Qualifications

    • High school graduate or equivalent.
    • At least 6 months of financial institution experience, required.
    • Must have good clerical and organizational skills, accurate typing, operation of a 10-key calculator, excellent communications skills, and professional appearance required.
    • Knowledge of Excel and Word desirable.
    • Must be flexible, detail-oriented, and able to work with many interruptions in a fast-paced atmosphere.
    • Responsible for abiding and complying with the policy for compliance with the Bank Secrecy Act and anti-money laundering laws and regulations (BSA/AML) and the policy for compliance with office of foreign assets control laws and regulations (OFAC).

    Please note: Credit Union 1 does not provide relocation assistance. If selected for an on-site position, candidates will be responsible for relocating to Alaska prior to the agreed upon start date at their own expense.

    Only applicants who meet the minimum requirements for this position will be considered for an interview. This position is open until filled.

    Thank you for your interest in the opportunity with Credit Union 1!

    Background Screening Statement: Candidates selected for a position at Credit Union 1 will be subject to a criminal background check prior to their employment. An offer of employment may be rejected or terminated based on receipt of an unacceptable background screening.

    EEO Statement: Credit Union 1 provides equal employment opportunities to all employees and applicants for employment, prohibiting discrimination and harassment of any type without regard to race, color, religion, sex, age, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identify or expression, or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

    E-Verify Statement: Credit Union 1 participates in E-Verify and will provide the federal government with your form I-9 information to confirm that you are authorized to work in the U.S. If E-Verify cannot confirm that you are authorized to work, Credit Union 1 is required to give you written instructions and an opportunity to contact Department of Homeland Security (DHS) or Social Security Administration (SSA) so you can begin to resolve the issue before Credit Union 1 can take any action against you, including terminating your employment. Employers can only use E-Verify once you have accepted a job offer an completed the Form I-9. For more information on E-Verify, or if you believe that Credit Union 1 has violated its E-Verify responsibilities, please contact DHS at 888-897-7781 or dhs.gov/e-verify.
  • 5 Days Ago

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Consumer Loan Processor
  • Mac Federal Credit Union
  • Fairbanks, AK FULL_TIME
  • TITLE: Consumer Loan Processor REPORTS TO: Consumer Lending Manager/Regional Branch ManagerPurpose:This position is responsible for supporting the consumer lending (financial services) department. Pro...
  • 9 Days Ago

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Consumer Loan Processor
  • Credit Union 1
  • Anchorage, AK FULL_TIME
  • ESSENTIAL JOB FUNCTIONS: 75% Processing Functions Calls for payoff amounts and mailing instructions, verifications of employment and income, credit verifications, vehicle inspection reports and any ad...
  • 15 Days Ago

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Consumer Lending Servicing Manager
  • Global Credit Union
  • Anchorage, AK FULL_TIME
  • Overview Reports to: VP Consumer Lending Administration and Servicing Functions Supervised: CL Operations Administration, CL Title Administration, CL Servicing, CL Recruiting, CL Account Support Prima...
  • 9 Days Ago

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Consumer Lending-Operations - Loan Processor / Funder 2 - Remote
  • Nuvision Federal Credit Union
  • Juneau, AK FULL_TIME
  • We embrace passionate Team Members who consistently display our values: United, Informative, Approachable, Caring and Transparent. We are united in our collective effort to achieve member goals and pr...
  • 14 Days Ago

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Regional Sales Manager-Medical, Consumer & Pharmaceutical, AK
  • Planet Green Search
  • Anchorage, AK FULL_TIME
  • Regional Sales Manager-Medical, Consumer & PharmaceuticalOur client, an industry leader in packaging solutions, is in search of a Regional Sales Manager to generate sales to prospective and existing m...
  • 12 Days Ago

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Collections Manager
  • MATHESON
  • Irving, TX
  • Collections Manager will be responsible for all aspects of credit and collections policy and procedures adherence for th...
  • 6/2/2024 12:00:00 AM

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Collections Manager
  • Forge Search
  • We are partnering with a rapidly growing, privately held company here in Greenville, SC looking to hire a Collections Ma...
  • 6/2/2024 12:00:00 AM

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Collection Manager
  • 8fig
  • Austin, TX
  • Description We're 8fig, a team on a mission to provide tailor-made growth capital for eCommerce sellers. Our online solu...
  • 6/1/2024 12:00:00 AM

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Collections Manager
  • Cypress HCM
  • Mason, OH
  • Responsibilities: Lead and oversee a proficient team of collectors and customer service representatives to attain collec...
  • 6/1/2024 12:00:00 AM

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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 ...
  • 5/31/2024 12:00:00 AM

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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...
  • 5/31/2024 12:00:00 AM

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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...
  • 5/30/2024 12:00:00 AM

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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

Alaska is the northernmost and westernmost state in the United States and has the most easterly longitude in the United States because the Aleutian Islands extend into the Eastern Hemisphere. Alaska is the only non-contiguous U.S. state on continental North America; about 500 miles (800 km) of British Columbia (Canada) separates Alaska from Washington. It is technically part of the continental U.S., but is sometimes not included in colloquial use; Alaska is not part of the contiguous U.S., often called "the Lower 48". The capital city, Juneau, is situated on the mainland of the North American ...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Consumer Loan Collection/Recovery Manager jobs
$95,447 to $142,203

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