Central Research, Inc.

Account Adjustment Manager

Central Research, Inc.

full-time

Posted on:

Origin:  • 🇺🇸 United States

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Salary

💰 $60,000 - $70,000 per year

Job Level

Mid-LevelSenior

About the role

  • Manage leadership and operational account adjustment teams for student loan repayment plan options and forgiveness, ensuring compliance standards
  • Lead, train, develop, and motivate teams and supervisors to maximize performance
  • Audit and review loan balance data, make account adjustments, process reconciliations and payments
  • Assist with processing Direct Loan Consolidations
  • Provide reporting on multiple program requirements
  • Process on and off boarding of student loan transfers
  • Collaborate with Director of Operations to enhance workflows and strategies for customer loan experience
  • Ensure internal controls and compliance training are established, reviewed, and maintained
  • Mentor, train, and coach staff to improve efficiency, accuracy, effectiveness, and compliance
  • Assist with borrower program concerns, client requests, operational requests, account adjustment needs, or other compliance concerns
  • Obtain production and compliance goals
  • Proactively audit processes, procedures, and documents to identify opportunities and trends for performance improvement
  • Create, monitor, and review administrative support production and metric reports
  • Work with workforce management to ensure staffing levels align with performance metrics
  • Report compliance issues to leadership
  • Participate in continuing education programs to stay abreast of changes in federal and state laws and regulations

Requirements

  • High School diploma
  • 3 years’ experience in administrative support leadership role directing and managing teams in the student loan servicing field OR 3 years’ experience executing operational accounting tasks on the student loan servicing contract
  • US Citizenship is required per the contract
  • Must be able to obtain and maintain a 5C Suitability clearance
  • Preferred: Bachelor’s Degree in Accounting, Finance, or related fields or equivalent via education/experience
  • Preferred: 5 years’ experience in administrative support leadership role directing and managing teams on the student loan servicing contract OR 5 years’ experience executing operational accounting tasks on the student loan servicing contract
  • Knowledge and understanding of the Telephone Consumer Protection Act and Consumer Financial Protection Bureau regulations and state laws
  • Ability to create presentations and provide training
  • Leadership, coaching and mentoring skills
  • Ability to audit, review and reconcile loan balances and payments
  • Detail oriented and ability to multi-task
  • Excellent written, verbal, and interpersonal communication skills
  • Proficient knowledge of Microsoft Office applications, specifically Excel
  • Ability to read, write and speak fluent English
  • Ability to adjust quickly to changing business needs