Brandon, MS, US
4 days ago
Collection Specialist II - Mortgage
Welcome page Returning Candidate? Log back in! Collection Specialist II - Mortgage Location US-MS-Brandon Posted Date 14 hours ago(12/20/2024 4:39 PM) Job ID 2024-18040 Category Collections Type Regular Full-Time Job Grade 6 FLSA Status Non-Exempt Working Hours M-F Job Location: Company Special Assets - 10027 Overview

The purpose of this job is to maintain an effective collections effort on an assigned group of mortgage loans resulting in fewer delinquent loans, minimizing losses following investor guidelines and departmental procedures.  This position may be a front end or back end mortgage loan collector depending on business needs.

Responsibilities Activities and duties may vary depending upon functional area assigned, mainly responsible for simple to moderately complex  mortgage loans. This position requires moderate supervisionConducting inbound or outbound collection calls utilizing a predictive dialer, preview or other technology, and accurately documenting collection on system of record Negotiating payment terms for delinquent accounts and accurately notating the loans following departmental proceduresAssisting with difficult collection problems such as: payment disputes, alternative payment arrangements, loss mitigation options, Recognizing problem accounts/loans, alerting management and providing input on a suitable course of action Skip tracing and other specialty queues as assignedPerform additional duties as assigned. Qualifications High School and/or some college education with 3 or more years of related external collection experience, (2 years internal) working similar consumer mortgage or commercial products. Job related experience will be considered.Upper level knowledge and understanding of collection industry standards of practice including a working knowledge of privacy and fair debt collection regulations, bankruptcy, foreclosure and other consumer credit laws affecting collection of debtGeneral knowledge of the lending process from point of application to note documentationGeneral knowledge of credit bureau information and other sources of consumer reportingGood communication and interpersonal skillsStrong organizational and analytical skillsGood judgmentStrong negotiating and decision-making skillsStrong PC skillsTeam player and supporter

Physical Requirements/Working Conditions:  Must be able to sit for long periods of time and use computer keyboard and/or mouse, while viewing computer screens.

 

Note: This is a brief description of this position and is not limited to those described herein. Management retains the right to add, delete or modify any of these responsibilities at any time during employment.

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