Apply on Employer Site

Valley Bank · 1 day ago

Equipment Financing Portfolio Collections Mgr - Highland Capital, Washington Township, NJ

Washington, NJ

Full-time

Onsite

Senior Level

5+ years exp

Valley Bank is a leading relationship bank built for growth, with nearly 100 years of experience in the industry. The HCC Portfolio Collections Manager will oversee Collections and Customer Service teams, focusing on accounts that are 60+ Days Past Due and ensuring delinquency objectives are met.

Banking

H1B Sponsor Likely

Responsibilities

Responsible for portfolio monitoring in general and accounts 60+ Days Past Due specifically - prioritizing calls, maintaining notes and activities in Dollars to ensure delinquency objectives are understood and achieved

Provides guidance to Collections and Customer Service teams in managing their respective duties

Has frequent interaction with senior management regarding the status of problem loans

Provide thoughtful review and analysis of account information to establish the best possible outcome (Legal, restructure)

Negotiate settlements with customers and/or their counsel

Preparation of daily/monthly delinquency reports

Participate in monthly Portfolio Review Meetings highlighting key issues

Qualification

Legal process understandingCredit report analysisEquipment finance knowledgeSkip tracing abilitiesReport preparationMicrosoft Office knowledgeCommunication skillsNegotiation skillsDetail orientedTeamwork

Required

Proficient understanding of the legal process relating to the recovery of commercial loans

Ability to analyze credit reports (business and consumer), payment histories and personal records to determine potential to pay

Strong researcher with skip tracing abilities

Understanding of equipment finance terminology and documentation

Ability to draft professional emails, letters, settlement agreements and other documentation, as may be required

Capacity to work independently and as a team

Present yourself in a courteous and professional manner

Must be detail and service oriented

Strong communication, negotiation and follow-up skills

Ability to prepare/write basic reports and business correspondence

Should have working knowledge of PC/Windows environment. Knowledge of Microsoft Office programs is helpful. Able to learn new and customized computer programs

Bachelor's degree and 5 years of related work experience together with supervisory responsibilities that include managing direct reports

Company

Valley Bank

Glassdoor3.2

Valley National Bank is a regional financial institution

Founded in 1927

Wayne, New Jersey, USA

1001-5000 employees

https://www.valley.com/

H1B Sponsorship

Valley Bank has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (18)

2024 (13)

2023 (7)

2022 (11)

2021 (5)

2020 (5)