Collector

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LIBERTY FEDERAL CREDIT UNION

Posted 2 months ago

Full Time

Evansville, Indiana

In Person

Smart Summary

Responsibilities

The collector is responsible for contacting past due members through various communication channels to resolve loan delinquencies. They must also maintain accurate records, perform skip tracing, and manage payment arrangements while adhering to regulatory policies.

Qualifications

The Collector position requires a professional demeanor, strong problem-solving skills, and the ability to thrive in a fast-paced setting. While collections experience is preferred, the role primarily requires a high school education or GED equivalent, along with excellent verbal and written communication skills and the ability to manage multiple tasks effectively.

Job Description

Liberty FCU, a full-service credit union, is seeking a full-time Collector to join the Asset Protection (Collection) Department. The successful candidate must demonstrate professionalism, possess problem solving skills, and be able to focus in a fast-paced environment. Experience in collections is preferred. If interested, please proceed by clicking Apply.   

Essential Functions & Responsibilities:    

  • Contact past due members through outbound calling campaigns, email, and text messaging.
  • Maintain accurate documentation of collection efforts and reasons for delinquency.
  • Make payment arrangements to resolve past due loans, including modifications, extensions, and various other options.
  • Update addresses, phone numbers, and other contact information.
  • Skip trace through various websites, review for repossession referrals on auto loans.
  • Develop an understanding of credit union history, philosophy, organization, by-laws, and operational procedures.
  • Adhere to all federal, state, local and internal laws, regulations, and policies.
  • Participate in web-based and instructor led training sessions to assure that appropriate collections calling techniques are developed to respond to new and challenging calling situations.
  • Perform other duties as assigned. 

Position Specifications

  • High school education or GED equivalent.
  • Collection and call center experience preferred.

Knowledge, Skills, & Abilities

  • Demonstrate behaviors based on credit union values: S.E.R.V.I.C.E.
  • Ability to communicate effectively in both verbal and written formats.
  • Ability to manage multiple tasks, work in fast-paced environment, and meet deadlines.
  • Ability to exercise discretion and good judgment in making decisions and maintain confidentiality of materials handled.
  • Ability to be flexible and work under high pressure in a complex environment.

Benefits and Compensation: 

  • Paid Holidays
  • Paid Time Off (Vacation, Sick and Personal Days)
  • Medical, Dental and Vision Insurance
  • 401(k) retirement program with matching funds
  • Employer paid Group Term Life Insurance, Short Term and Long-Term Disability Insurance
  • Tuition Reimbursement Program

Liberty FCU is an Equal Opportunity Employer, Minority/Female/Disability/Protected Veteran.  

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LIBERTY FEDERAL CREDIT UNION

About Liberty Federal Credit Union Liberty Federal Credit Union is a member-owned financial institution focused on returning value through innovative products and services. Liberty has been recognized on a state level by Forbes as one of Indiana’s best financial institutions. In recent years, the credit union has also received acclaim on a national level, including being named the nation’s Best Credit Union for Checking by Investopedia in 2021 and appearing on Newsweek’s list of America’s Best Banks in 2022. Among Liberty FCU’s most innovative products is its Vertical Checking. This free checking account offers a high interest rate of 3.30% APY on balances up to $20,000, plus reimbursement for usage fees paid when using any ATM worldwide up to $15 per month. However, Liberty Federal Credit Union similarly excels in providing value through better loan options for borrowers. For instance, the credit union offers an uncommonly wide variety of mortgage options to ensure the best fit for its members. According to the American Credit Union Mortgage Association, Liberty FCU was the Midwest’s top credit union in 2021 total first mortgage originations. Nationally, we ranked eleventh. Headquartered in Evansville, Indiana, Liberty FCU offers a wide footprint of branch locations throughout southern Indiana, western Kentucky, and the Greater Nashville area in Tennessee. However, the credit union currently serves more than 270,000 members across all fifty states and at least eight countries.
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