The Loan Collections Specialist assists with the collection of charged-off loans.
Requirements
- Makes phone calls, outside collection calls, and mails collection notices
- Prepares and maintains daily and monthly reports
- Processes transactions relating to payments and collections and various dispositions of assets
- Participates in job specific training and other various Bank training programs, as necessary
- Maintains current knowledge of internal risk controls and loss prevention, including reporting of suspicious or unusual customer activity per Bank policy
- Maintains current knowledge and complies with all federal and state laws and regulations and all established Bank policies and procedures, including internal audit controls related to department operations
- Maintains current knowledge of all rules, regulations, and laws as they apply to BSA/OFAC/USA Patriot Act/CIP/AML