What are the responsibilities and job description for the Commercial Collector position at Creditors Adjustment Bureau?
Come Join the CAB Team!
Creditors Adjustment Bureau, a trusted name in collections since 1954, is currently seeking a Collector to join our team. CAB specializes in commercial collections, serving as both collection agency and law firm. Our Representatives work on behalf of some of the fastest-growing companies in technology/software, social media, construction/building supply, commercial properties, transportation/logistics, and food services, as well as major law and accounting firms.
Primary responsibilities for this position include partnering with our clients to manage their receivables by initiating conversations with their customers via telephone, mail, or email in order to collect payments and settle accounts. However, if these initial conversations do not produce a resolution, then you need to be able to analyze a claim to confirm it is a good target for suit. You will need to be familiar with credit applications, legal entities, personal guarantors, Secretary of State, etc. You must be extremely detail oriented.
This is a full-time position; salary is commensurate with experience.
RESPONSIBILITIES
- Contacting debtors to collect payments on past-due accounts and resolve discrepancies.
- Locating debtors via credit bureau information, background checks, loan documents, and other paperwork or databases.
- Reviewing terms of sale or loan documents with debtors.
- Verifying all debtor information, including phone numbers and addresses.
- Providing excellent customer service by listening to debtors’ explanations and establishing new repayment terms, if appropriate.
- Recording new repayment terms, when appropriate.
- Initiating repossession proceedings or transferring accounts to collection attorneys, when necessary.
- Monitoring and maintaining account databases.
- Processing monthly credit memos and associated reporting.
- Complying with all federal and state debt collection regulations.
Requirements
- High school diploma or GED; associate’s or bachelor’s degree preferred.
- At least one year of customer service experience in a professional environment
- Business-to-business experience
- Strong computer skills, including Microsoft Office
- Excellent time-management skills
- Strong verbal and written communication skills
- Strong work ethic
- Proven ability to function independently
Benefits
- Competitive salary
- Health insurance
- Dental insurance
- Matched 401K program
- Paid time off
Job Type: Full-time
Pay: $21.00 - $27.00 per hour
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Life insurance
- Paid sick time
- Paid time off
- Vision insurance
Education:
- High school or equivalent (Preferred)
Experience:
- Collection: 3 years (Preferred)
Work Location: In person
Salary : $21 - $27