Financial Services Portfolio Collector

Job description

Overview The Financial Services Portfolio Collector is responsible for managing a dynamic secured portfolio of delinquent and defaulted loan accounts. The candidate will work with the customer to resolve matters in professional manner while protecting the interests of the Company. The candidate will utilize loan workout strategies to include amendments, assumptions, refinancing activities, and repossession. This role requires organized and thorough documentation of all events per account and report status of the portfolio by account to the Manager. Responsibilities: - Responsible for accurate servicing and maintenance of loans within the asset backed facility and on the Alliance balance sheet. - Monitor all accounts using reporting provided by loan software system(s). - Contact delinquent accounts to investigate and help resolve the reasons for late payments and maintain current payments in the future. - Perform credit analysis on new and existing guarantors. Collect and analyze financials statements and utility bills to determine business profitability. This information will be used to determine a plan of action in working with any existing or new guarantor while maximizing recove...