Job Description
Position Title
Recoveries Specialist
Job Summary
The position is responsible for managing assigned collection agencies and ensuring that flow rates, lagged and coincident delinquencies of 90-179 days past due accounts (dpd) accounts are within desired parameters, minimizing gross credit loss while maximizing recoveries from written‑off accounts.
Specific Duties & Responsibilities
- Acquires ownership of 90+ days past due accounts or from the time these are endorsed to the assigned agency by practicing proactive agency management
- Manages external collection agencies, ensuring that:
- Monthly Recoveries targets are met
- Flow rate and collection rate targets are met; helps monitor delinquency levels within projected standards and minimize credit losses
- Accounts under litigation are properly handled as evidenced by court case updates
- Monitor strict and efficient collection/paym...
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