Job details

Collection Specialist II - job 2 of 2

Overview:

Do you have experience working in Collections? UW Credit Union’s Collections team is hiring for a Collections Specialist II! If you are passionate about helping people through life’s struggles, this is the role for you. You, along with the close-knit Collections team, will play a key role in minimizing loss for UW Credit Union by working with members who have fallen behind on payments, and creating realistic and achievable plans to get their finances on track.

At UW Credit Union, humanity counts most. We’re not here to judge. We understand life happens. The Collections Specialist’s goal is to assess each member’s situation with compassion, empathy, and persistence, and craft a unique solution to fit their needs. UW Credit Union’s delinquency rate runs below industry average, thanks to our dedicated and skilled Collections team.

Responsibilities:

A Day in the life of a Collections Specialist

Every day will be different but below is a snapshot of what you will do:

Communicate with members through outbound and inbound phone calls as well as written communication.
Analyze member needs by reviewing individual loan data to gather background information, determine potential reason for delinquency and collection ability.
Review accounts for recommendation of approval for workout loan and complete application. After Manager approval, process loan in LOS.
Review loan accounts to determine availability of forbearance and deferment time.
Correspond with attorneys regarding accounts that have been sent out for legal
Send required legal documents to attorney regarding selected delinquent accounts for money judgements.
Model behaviors consistent with being a Champion of Change, adapting quickly and supporting the team on the changing needs of the organization.
Provide support to other team members by providing coverage as needed.

Qualifications:

What You’ll Need to Succeed

These skills and experiences are essential to your success:

Able to work on-site 3 days per week.
Associates degree in business or related field desired but not required.
2-3 years of experience in banking, retail, or customer service required
2-3 years experience in collections preferred
Strong customer service skills and the ability to skillfully handle confrontation.
Strong attention to detail.
Effective organizational, decision making and interpersonal skills.
Demonstrated analytical, problem-solving and system knowledge.
Must have strong oral and written communication skills.
Able to work independently, organize and prioritize work.
Knowledge of the fundamentals of collections concepts and practices is desired (including the FDPCA and applicable collections laws)
Knowledge of fundamental loan and deposit programs, products, concepts and practices is desired.

Why work for UW Credit Union?

Join one of Wisconsin’s premier financial institutions, a 2023 Top Workplaces USA and multi-year recipient of Madison Magazine’s Best Places to Work, Wisconsin State Journal’s Top Workplaces, and Milwaukee Journal Sentinel’s Top Workplaces to receive:

21.5+ days annual paid time off (4+ weeks)
2 weeks paid caregiver leave
2.5 weeks paid new child parental leave
2 days paid volunteer time
11 paid holidays (includes your birthday!)
401k company match of up to 5%, plus approximately 4% discretionary match
Variable bonus reward
Competitive Medical, Dental and Vision plans, including domestic partner eligibility
Free bus pass and bublr/ BCycle membership
Employee Assistance Program
And more!

UW Credit Union is proud to be an Equal Opportunity and Affirmative Action Employer of Minorities, Protected Veterans, Women, and individuals with Disabilities. We strive to cultivate an inclusive workplace that is home to a diverse workforce where employees at all levels model knowledge of, belief in and a commitment to cultural competence.

UW Credit Union Glassdoor Company Review

3.7