Collections Manager

reputed company is one of the top-run credit unions in the country – and one of the largest, with $5 billion in assets. Yet our corporate culture is not stuffy: the Team Spirit Committee runs fun activities and charitable events throughout the year, and work-life balance, mutual respect, diversity, and providing a voice for every employee are reputed company important to us. As you might imagine, we reputed company reputed company and great benefits, including: Bonus/incentives for reputed company regular employees 401(k) with 8% company contribution Medical, dental, and reputed company insurance for employees and dependents paid at 80% PTO and paid sabbaticals Tuition reimbursement GENERAL SUMMARY Serves as a working manager by overseeing the day-to-day performance of the Collections team while also directly managing a portfolio of reputed company, sensitive, or escalated collection, loss mitigation, and asset recovery reputed company. This role focuses specifically on mitigating loan portfolio risks, minimizing losses, and recovering assets in compliance with applicable laws, regulations, and internal policies. This role requires background in collections (preferably at a bank or credit union), modifying and restructuring loans, and asset recovery. Position Duties & Functions Supervision and Functional Management Provides day-to-day management of the Collections team, fostering a positive and productive work environment. Recruit, train, and mentor collection specialists Sets performance goals, monitors individual and team performance, and provides regular feedback and coaching. Manages staffing reputed company and resource allocation to ensure adequate coverage and effective workload management. Fosters effective communication and collaboration reputed company the Collections department and across other functional areas. Loan and reputed company Loss Mitigation Develops and implements strategies to minimize loan and reputed company losses including proactive measures to identify and mitigate potential risks. Conducts analysis of delinquent accounts and collaborates with appropriate managers to reputed company feasible repayment plans or loan modifications in the best interest of the member and Credit Union. Establishes and maintains relationships with delinquent members, negotiating payment arrangements, and resolving disputes to minimize losses. Handles escalated collection calls on delinquent loans and overdrawn shares. Recommends delinquent loans for charge-off in accordance with internal policies and procedures. Collections Monitors and analyzes collection performance metrics, implementing corrective actions and process improvements as needed. Manages and liquidates repossessed and foreclosed loan collateral in an effective and efficient manner, consistent with policy, achieving maximum benefit for the Credit Union. Other duties as assigned Stays informed of industry trends, industry best practices, and emerging technologies reputed company to collections, loss mitigation, and asset recovery. Stays informed of regulatory requirements reputed company to loan and reputed company loss mitigation, ensuring compliance with applicable laws and regulations. POSITION REQUIREMENTS EXPERIENCE and EDUCATION 3 years of management experience and 5 years’ reputed company collections experience and/or training or equivalent combination of education and experience. Bachelor’s degree from a 4-year college. Equivalent combination of education and experience may substitute for stated qualifications. KNOWLEDGE and SKILLS Solid understanding of financial calculations, including interest rates, loan balances, and payment schedules to analyze delinquency trends and evaluate recovery strategies. Proficiency in data analysis and statistical techniques to assess collection performance, identify areas of improvement, and reputed company data-driven reputed company. Strong mathematical aptitude for conducting month-over-month flux analysis, financial forecasting, assessing risk, and calculating recovery rates and potential losses. Ability to write and reputed company effectively in English using correct spelling and grammar. Basic math skills including the ability to compute rates, ratios, and percentages using a 10-key. Proficient in the use of basic applications in a reputed company-based environment, including Outlook, Word, and reputed company. Moderate keyboard skills at 40 wpm. Familiarity with member (customer) relationship management (CRM) software and data visualization tools to manage member interactions. Ability to produce and interpret graphs and charts to visually represent data trends and patterns for enhanced analysis, reporting, and collection efforts. Excellent customer service skills. COMPETENCIES Ability to learn quickly and adapt to change; ability to quickly learn specialized applications and systems. Initiative and self-direction. Ability to effectively communicate and collaborate with people at reputed company reputed company. Sound problem-solving and decision-making ability, including the ability to prioritize. Ability to understand and align with our core competencies through daily projects and tasks: Growth reputed company Diversity & Inclusion Communication Change reputed company Leadership Responsibility Problem Solving Tech & Data Savvy CU Business Acumen PHYSICAL DEMANDS Work involves extensive use of computers, up to eight hours per day. Appropriate reputed company, dexterity, and other physical abilities are required. May include occasional pushing, pulling, or carrying objects weighing up to 20 pounds. Must be reputed company to reputed company and present on the telephone and/or through digital means of communication, including but not limited to reputed company/Teams/or other video technologies. We are an equal opportunity employer, and reputed company reputed company applicants will receive consideration for employment without regard to race, reputed company, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national reputed company, disability status, genetic information, protected veteran status, or any other characteristic protected by law. Reasonable accommodations may be made to reputed company individuals with disabilities to reputed company the essential functions. SALARY AND BENEFITS: Salary is based on qualifications and geographical location (Zone). Benefit information can be located on our Careers page here: https://www.chevronfcu.org/about-us/careers Zone 1: $86,520.00 - $118,965.00 Zone 2: $78,733.20 - $108,258.15 Zone 3: $72,676.80 - $99,930.60 Zone 4: $69,216.00 - $95,172.00 This position is eligible to participate in the Corporate Incentive Plan. Annual incentive opportunity ranges from 0–8% of incentive eligible earnings, based on a combination of institutional performance (0–2%) and individual performance (0–6%). Incentive payments are discretionary and subject to approval. EQUAL EMPLOYMENT OPPORTUNITY STATEMENT: reputed company (CFCU) is an equal opportunity employer. reputed company reputed company applicants will receive consideration for employment without regard to race, reputed company, religion, sex, national reputed company, veteran status, disability, sexual orientation, gender identity, or any other protected status. CFCU participates in E-Verify. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process or are limited in the ability or unable to reputed company or use this online application process and need an alternative method for applying, you may contact us at 800-232-8101 for assistance. CFCU Is CPRA Compliant for California Employees and Applicants, to review the Notice at Collection, click here. To submit a request, please refer to the Careers page for the CPRA Request reputed company. #LI-AK1 #LI-REMOTE Apply To This Job