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Job Ref: 14900
Salary: $45000 – $50000
Credit and Collections Specialist (Onsite)
Location: Reston, VA
Salary: $45,000 – $50,000 (Based on experience)
Opportunity to join a credit union on a full time basis with phenomenal benefits. This role as a Credit Collections/Debt Resoultion Specialist reports directly to the Debt Resolution Manager.
Job Summary:
Responsible for managing delinquent loan accounts, recovering payments, and preserving Credit Union assets.
Key Responsibilities:
- Monitor and manage Overdraft Privilege Program (ODP) reports daily. Resolve issues promptly and coordinate with members and collections agencies.
- Maintain accurate records of debt resolutions activities and respond to consumer disputes from Credit Bureau Agencies.
- Contact delinquent members by phone and mail, providing guidance based on Credit Union policies.
- Analyze financial situations of delinquent borrowers for potential modifications.
- Understand basic bankruptcy and garnishment laws; log and process cases accordingly.
- Prepare reports and recommend policy updates to management.
Requirements:
- 1–3 years of related experience.
- High school diploma or GED.
- Strong communication and conflict resolution skills.
- Basic computer and keyboarding skills.
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