Loan Collections Specialist

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