Collections Specialist

Northern Bank

Woburn, MA, United States Full-time yesterday
Workplace
On-site
Location
Woburn, MA, United States
Who can apply
Based in the United States: you usually need the right to work there

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About the role

SUMMARY: The Collections Specialist is responsible for overseeing the collections of commercial, residential and consumer loans. ESSENTIAL FUNCTIONS:

* Manage the collection activities for commercial, consumer and residential loans by reviewing the past due report contacting borrowers. * Coordinate collections efforts with Commercial Loan Officers for commercial past due loans. * Maintaining accurate records of all collection efforts and customer contacts. * Adhere to regulatory and compliance guidelines in place associated with collections. * Assist in audits for the commercial, residential and consumer area associated with collections and other areas as needed. * Monitor upcoming maturities and matured loans for payment processing. * Respond to credit bureau disputes and update directly through e-Oscar or via the core system. * Monitor daily maintenance reports from the core system for accuracy. * Manage Bankruptcy tracking for consumer and commercial loans. * Assist with customer inquiries as needed.

JOB QUALIFICATIONS:

* 1-3 years’ experience in the lending area of a bank. * Business Degree or related field preferred. * Proficient in Computers. * Excellent communication and interpersonal skills. * Good organizational skills. * Ability to prioritize workflow and succeed in a multitasking environment. * Ability to work independently and within a team.

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