Collections Contact Center Associate

Essential Responsibilities

• Direct Contact & Counseling: Initiate and receive high-volume inbound and outbound contacts (phone, digital) to discuss current delinquency. Maintain enhanced Right-Party Contact (RPC) and maximize the number of accounts brought current (Cure Rate).
• Execute on collection efforts related to segmentation and prioritization frameworks maximizing payment potential across delinquency stages and loan categories.
• Assistance: Utilize negotiation and financial counseling techniques to secure Promises-to-Pay (PTPs), establish short-term repayment plans, confirm qualified for loan deferment, extension or credit card reage and facilitate the qualifying of members eligible for real estate secured Mortgage or Home Equity hardship assistance.
• Regulatory Adherence: Execute all collection activities in strict adherence to federal and state regulations, including relevant aspects of the Fair Debt Collection Practices Act (FDCPA).
• Documentation: Accurately and thoroughly document all collection efforts, member correspondence, and agreed-upon payment arrangements in the appropriate servicing and collections systems of record. Adhere to all call monitoring protocols and coaching frameworks implemented by the Manager to meet internal quality and compliance standards.
• Referral Preparation: Identify and prepare accounts that cannot be cured for escalation to next-step processes, such as Foreclosure, Repossession, or Charge-Off recommendation, ensuring all necessary pre-cursors and documentation are complete.
• Systems and Skip Tracing: Effectively utilize core servicing and collections systems to research account history, facilitate timely and accurate processing of payments, and update member information. Execute basic skip-tracing protocols, leveraging internal and approved external tools to locate members whose primary contact methods have failed, and update validated information in the system of record.

Required Education & Experience

• A High School Diploma (or GED) is required.
• Minimum 0-2 direct years of experience in a high-volume collection, recovery, or contact center environment, preferably within mortgage and/or consumer lending.
• Ability to meet and exceed key performance metrics (KPIs) such as Cure Rates, right-party contact (RPC) rates, and promise-to-pay conversion rates.
• Fundamental verbal communication and negotiation skills, with the ability to handle difficult conversations using empathy and persuasive negotiation to resolve delinquency while adhering to regulatory guidelines and maintaining a professional and member-centric approach.
• Knowledge of federal and state consumer financial protection laws relevant to collections, including FDCPA with the ability to quickly absorb and apply updates to compliance requirements.
• Computer skills, including experience with collections/servicing software, skip-tracing tools, and standard office applications.
• A high level of detail orientation with the ability to accurately document all collection activities and follow process protocols.
• Ability to operate in both inbound/outbound contact center operations.
• Understanding of the collections process, including knowledge of bankruptcy, charge-off, repossession/foreclosure processes.
• Knowledge and understanding of mortgage and consumer loan servicing operational systems and technologies.

Preferred Education & Experience

• Banking/Credit Union or Collections related Industry certifications are a plus.
• A Bachelor’s degree in business administration, finance, or a related field is preferred.
• Experience preferred with systems including but not limited to ICE/MSP, ALS, NICE, Omilia, FDR, Default Manager, and OnBase.
• Experience with telephony systems, including IVR and quality monitoring and call recording systems (e.g., NICE).