The Account Servicing Specialist (30 Days) will be responsible for servicing auto loan accounts that are 30-60 days delinquent and documenting all collection activities utilizing loan servicing software
Essential Responsibilities: Follow and ensure compliance with all company policies and procedures as well as the Fair Debt Collection Practices Act (FDCPA)
Negotiate payment arrangements with borrowers, including offering suggestions as to how they can meet their obligations, propose alternative payment methods, and establish payment procedures
Assist borrowers in devising a strategy to allow them to keep their vehicle while meeting the obligations of the loan
Accurately and professionally document account information and collection activities
Utilize skip tracing tools and reference sources to identify and locate delinquent borrowers
Other duties as assigned
Requirements
3+ year(s) of experience in the collections field, preferably in the subprime consumer lending industry
Effective communication, negotiation, and problem-solving skills
Ability to read, interpret and apply federal, state, and local collections regulations
Ability to interact with customers in a professional, tactful, and sensitive manner
Ability to thrive in a fast-paced work environment and to work independently and as part of a team
Available to work a flexible work schedule and overtime as needed