Penske Truck Leasing · 1 day ago
Collections Recovery Analyst
Reading, PA
Full-time
Onsite
Mid Level
3+ years expPenske Truck Leasing is a premier global transportation provider that delivers essential and innovative transportation, logistics, and technology services. The Collections Recovery Analyst is responsible for managing the legal collections process and acting as a liaison among various teams to ensure the accurate handling of delinquent legal accounts.
Financial ServicesLeasingRental
Responsibilities
Analyze bad debt accounts for legal action. Perform research to determine collectability. Review prior internal collection activity, evaluate Experian credit detail, review SAFER rating, Secretary of State status, DOT rating, perform Google research: all to determine the overall status of the entity
Audit and verify the accuracy of all documentation before it is submitted as evidence in legal proceedings. Calculate the alternative payment to ensure it meets VLSA terms and conditions. Confirm status of equipment return
Review legal accounts with assigned law firm to determine progress. Perform the advanced work of legal debt recovery. Strategize with Sr Manager Collections Recovery
Assist with settlements, promissory notes, payment plans. Update and advise Sr Manager regarding status of legal accounts
Contribute with collection activities related to bankrupt accounts
Other projects and tasks as assigned
Qualification
Required
Minimum 3 – 5 years of Collections experience required
Microsoft Office Suite – Excel intermediate. Knowledge in record keeping, creating and updating reports etc
Advanced Data Analysis skill is critical for understanding the legal collection process to determine future steps
Experience in using publicly available databases and records to locate businesses and contacts is a key skill
Organization & time management skills. Strong sense of urgency and is attentive to detail
Strong/Direct communication skills
Problem solving skills
Negotiation abilities
Regular, predictable, full attendance is an essential function of the job
Willingness to travel as necessary, work the required schedule, work at the specific location required, complete Penske employment application, submit to a background investigation (to include past employment, education, and criminal history) and drug screening are required
Preferred
Bachelor's Degree in Business Administration, Legal Studies preferred. If no degree, equivalent work experience is required
Company
Penske Truck Leasing
Penske Truck Leasing is a transportation solutions company that offers truck leasing, rental, and logistics services.
10001+ employees
H1B Sponsorship
Penske Truck Leasing 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 (57)
2024 (53)
2023 (49)
2022 (39)
2021 (17)
2020 (12)
Funding
Current Stage
Late StageLeadership Team
Jessica Bickley
Senior Executive Admin Asst to CFO, Controller, SVP Fleet Services, SVP BD & Treasurer, VP FP&A
Art Vallely
Executive Vice President- Chief Operating Officer
Recent News
Company data provided by crunchbase