Senior Third-Party Collection Officer

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About the role

  • Senior Third-Party Collection Officer managing collections and negotiation for financial loans. Requires extensive experience in collections and excellent communication skills.

Responsibilities

  • Provide excellent service and ensure exceptional execution results in the collection of financial loans
  • Conduct collections calls for all past due accounts
  • Contact past due customers by phone, request payment & negotiate appropriate payment arrangements, within authorized limits
  • Send correspondence to delinquent/collection customers
  • Use defined procedures to arrange and coordinate firm payment arrangements within established risk policy for our collection customers
  • Assess and mitigate risk by referring accounts for further action
  • Document call activity details in Collections system to reflect action taken
  • Update customer account information with e.g. commitments to pay, amounts & dates, collection call updates
  • Apply tact, diplomacy & resourcefulness
  • Handle objections & excuses, apply soft calling techniques, where appropriate, to effectively manage & control situations
  • Perform to regulatory standards and best practice on collections
  • Achieve individual collection targets, in order to meet Department and Company goals
  • Maintain and submit reports for review by collection management
  • Complete other collection responsibilities, as assigned

Requirements

  • At least 5+ years of prior experience in a Third-Party Collection Agency
  • Excellent oral and written communication skills for consistent collection calls
  • Good math skills with the ability to perform basic calculations quickly
  • Strong organizational and time management skills
  • Good understanding of Microsoft Excel and Outlook
  • Strong computer operating skills
  • Ability to adapt in a fast-paced environment
  • Desire to learn and further your career

Benefits

  • Flexible schedule requiring one late evening (12:30-9:00pm EST) and one mandatory Saturday (8:30am-11:30am EST)

Job title

Job type

Full Time

Experience level

Senior

Salary

Not specified

Degree requirement

High School Diploma

Location requirements

RemoteCanada

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