Bristol County Savings Bank · 10 hours ago
Loan Collector Trainee
Taunton, MA
Full-time
Onsite
New Grad
$43K/yr - $46K/yrBristol County Savings Bank is a full-service financial institution offering a range of banking services. The Loan Collector Trainee will assist the Collections Officer and Loan Collectors in the collection of delinquent loans and repossession activities, ensuring compliance with established policies and regulations.
BankingFinancial Services
Responsibilities
Participates in indirect loan collection efforts
Responsible for directly contacting collection account customers by phone and in writing to facilitate the payment of past due loans
Develops & implements workout strategies with the assistance of the Senior Loan Collector and/or Collections Officer, prepare repossession notices, and repossess vehicles held as collateral
Assists in assigning vehicle repossessions (voluntary & involuntary) to an asset recovery agent and coordinates the delivery of the vehicle to a safe location
Assists in the disposition of repossessed vehicles and in the submission and follow up on vehicle VSI damage, GAP insurance, warranty, and repossession fee claims
Updates bank records regarding collection actions
Assists in the processing of Collection-related approvals and in the collection of outstanding deficiency balances
Prepares related collection and repossessed collateral reports
Performs related and unrelated responsibilities as may be required
Qualification
Required
Excellent interpersonal skills
Excellent analytical skills
Excellent organizational skills
Excellent problem solving skills
Excellent planning skills
Excellent negotiation skills
Excellent communication skills
Ability to quickly gain a working knowledge of consumer collection laws and state and government regulations through Bank-provided training and practice
Working knowledge of Microsoft Office products
Must be able to travel within the Bank's lending territory
Benefits
401(k)
Employee Pension
Paid Time Off (PTO)
Parental Leave
Tuition Reimbursement
Medical, Dental, Vision
Critical Illness Insurance
Disability insurance including LIFE, Long-term disability
Employee Assistance Program
Flexible Spending Account
Dependent Care Account
Health Savings Account
Company
Bristol County Savings Bank
Bristol County Savings Bank is a full-service community bank serving businesses and individuals throughout Southeastern Massachusetts.
Founded in 1846
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Patrick Murray
President & CEO
Darrin Sprague
1st Vice President / Information Security Officer
Recent News
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