
Collections Team Lead
LoanCare
full-time
Posted on:
Location Type: Remote
Location: United States
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Salary
💰 $20 - $34 per hour
Job Level
About the role
- Perform call overflow, suspense reporting, client relations follow-up, and other duties assigned by a supervisor
- Handle calls related to delinquency in accordance with government, investor, and client guidelines to prevent foreclosure and financial losses to the investor
- Assist with daily team meetings by discussing issues brought to management’s attention through emails, listening to calls, conversations on the floor, or performing monitoring to improve/clarify processes
- Respond to agent questions within the Floor Center
- Review Collections General voicemail daily
- Review COLCSH tasks and respond with cash posting instructions through task
- Review Formstorm, submitting directions through the application, advising clients of payment received and status of loan
- Perform Skip Trace Tasks as needed using web sources and update loans with discovered information
- Review received e-Faxes and submit research and/or reversals to cash departments
- Complete COLESC tasks by reviewing loan for issue and respond to the respective agent if additional information is needed
- Handle escalated calls, noting issues with client’s loan and submit task for additional work if needed
- Receive/review paper Loss Mitigation Escalation forms; forward to ALD for review before forwarding to the Loss Mitigation Supervisor
- Review email from departments that require follow-up, calls to borrower, and/or emails to clients as needed for resolution or clarification of issue; respond to original department with resolution
- Assist with call monitoring
- Respond to Footprints Tickets from Client Relations that require follow-up within 24 hours
- All other duties as assigned
Requirements
- High School Diploma or equivalent required
- 3 year of collections, loss mitigation, or other mortgage/real estate related experience required
- 2 years of telephonic customer contact experience preferred
- Complete knowledge of relevant federal regulations and/or the Fair Debt Collection Protection Act
- Ability to learn rules, regulations, laws, and methods of collection and skip tracing
- Excellent analytical, communication, and negotiating skills
- Adaptable and flexible with the ability to work well on a team and focus on results
- Ability to structure a deal that serves the best interest of the organization, insurer, and client
- Excellent computing experience and typing skills
- Ability to work in a structured environment
- Ability to use a dialer system to make/receive phone calls
- Demonstrated ability to provide attention to detail, accuracy, and consistency in results.
Benefits
- Health & Welfare Coverage: Optional medical, dental, vision, life, and disability insurance
- Time Off: Paid holidays, vacation, and sick leave
- Retirement & Investment: Matching 401(k) plan and employee stock purchase plan
- Wellness Programs: Access to mental health resources, including free Calm memberships, and initiatives that promote physical and emotional well-being
- Employee Recognition: Programs that celebrate achievements and milestones
- Lifestyle & Learning Perks: Enjoy discounts on gym memberships, pet insurance, and employee purchasing programs, plus access to a tuition reimbursement program that supports your continued education and professional growth.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
collectionsloss mitigationskip tracingtelephonic customer contactcash postinganalytical skillsnegotiating skillstyping skillsattention to detailaccuracy
Soft Skills
communicationadaptabilityflexibilityteamworkresults-oriented