Regions Bank
Home Improvement Financing Collections Recovery Collector
Regions Bank, Salt Lake City, Utah, United States, 84193
Overview
Home Improvement Financing Collections Recovery Collector — Regions Bank At Regions, the Home Improvement Financing Collections Recovery Collector manages recovery accounts after charge off and works with Collections Managers to establish settlement and repayment terms. Primary Responsibilities
Processes recovery payments as authorized Assists in distributing and sorting of mail, processing and coding of all recovery checks, coding of legal and recovery invoices, and billing Establishes contact with account holders and sets up repayment terms on low balance charge off accounts Assists in review of the Follow Up report for updated status on recovery and legal accounts Documents and reviews recovery accounts with payment agreements and updates any changes of legal status in collection system notes Assists in daily requests with collection attorneys, gathering additional loan documentation and case management Aids in locating UTL accounts Monitors charge off accounts for settlements and or paid in full status and submits AUD requests to update credit status and have account then purged off system Requirements
High School Diploma or GED Two (2) years of collections recovery or related experience Skills And Competencies
Ability to communicate with all levels of management Ability to multi-task and work in a fast-paced environment Proficient in the Microsoft Office Suite Strong verbal and written communication skills Working knowledge of collection and lending software Position Type
Full time Compensation Details
Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job. The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position. Minimum Job Range Target: $40,000.00 USD Median: $48,240.00 USD Incentive Pay Plans
This role is eligible to participate in a formulaic incentive plan. Employees have the potential to earn incentives based on performance against defined metrics and goals. Benefits Information
Paid Vacation/Sick Time 401K with Company Match Medical, Dental and Vision Benefits Disability Benefits Health Savings Account Flexible Spending Account Life Insurance Parental Leave Employee Assistance Program Associate Volunteer Program Equal Opportunity Employer/including Disabled/Veterans Location: Salt Lake City, Utah Location Details: Salt Lake City, UT LOB
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Home Improvement Financing Collections Recovery Collector — Regions Bank At Regions, the Home Improvement Financing Collections Recovery Collector manages recovery accounts after charge off and works with Collections Managers to establish settlement and repayment terms. Primary Responsibilities
Processes recovery payments as authorized Assists in distributing and sorting of mail, processing and coding of all recovery checks, coding of legal and recovery invoices, and billing Establishes contact with account holders and sets up repayment terms on low balance charge off accounts Assists in review of the Follow Up report for updated status on recovery and legal accounts Documents and reviews recovery accounts with payment agreements and updates any changes of legal status in collection system notes Assists in daily requests with collection attorneys, gathering additional loan documentation and case management Aids in locating UTL accounts Monitors charge off accounts for settlements and or paid in full status and submits AUD requests to update credit status and have account then purged off system Requirements
High School Diploma or GED Two (2) years of collections recovery or related experience Skills And Competencies
Ability to communicate with all levels of management Ability to multi-task and work in a fast-paced environment Proficient in the Microsoft Office Suite Strong verbal and written communication skills Working knowledge of collection and lending software Position Type
Full time Compensation Details
Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job. The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position. Minimum Job Range Target: $40,000.00 USD Median: $48,240.00 USD Incentive Pay Plans
This role is eligible to participate in a formulaic incentive plan. Employees have the potential to earn incentives based on performance against defined metrics and goals. Benefits Information
Paid Vacation/Sick Time 401K with Company Match Medical, Dental and Vision Benefits Disability Benefits Health Savings Account Flexible Spending Account Life Insurance Parental Leave Employee Assistance Program Associate Volunteer Program Equal Opportunity Employer/including Disabled/Veterans Location: Salt Lake City, Utah Location Details: Salt Lake City, UT LOB
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