Logo
First Federal Lakewood

Collections Associate

First Federal Lakewood, Westlake, Ohio, United States, 44145

Save Job

Employer Industry: Financial Services

Why consider this job opportunity

Opportunity for career advancement and growth within the organization

Supportive and collaborative work environment

Comprehensive training provided for new hires

Engaging role that allows for direct interaction with borrowers to assist with their financial needs

Exposure to various aspects of mortgage and consumer loan processes

What to Expect (Job Responsibilities)

Make collection counseling calls to delinquent mortgage and consumer loan customers to assess their situations and set payment expectations

Maintain accurate records of collection activity using core collection applications

Prepare advanced collection correspondence and call letters, and assist in management report preparation

Counsel customers on options for loans maturing with balloon payments or transitioning to repayment

Ensure compliance with all applicable banking laws and regulations, including anti-money laundering statutes

What is Required (Qualifications)

1‑2 years of experience in mortgage and consumer collections

Strong understanding of lending laws, regulations, and guidelines

High School Diploma or equivalent; Bachelor’s degree preferred

Proficiency in MS Office (Outlook, Excel, Word) or similar software

Experience in financial services or banking preferred

How to Stand Out (Preferred Qualifications)

Previous experience in mortgage and consumer loan collection

Familiarity with Encompass, Cleartouch, Nautilus, and various government and investor software/web portals

Strong communication and service orientation skills

We prioritize candidate privacy and champion equal‑opportunity employment. Central to our mission is our partnership with companies that share this commitment. We aim to foster a fair, transparent, and secure hiring environment for all. If you encounter any employer not adhering to these principles, please bring it to our attention immediately.

#J-18808-Ljbffr