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Credit Resolution Specialist

Communication Federal Credit UnionOklahoma City, OK

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Job Description

Our Benefits

  • $1,000 New Hire Welcome Bonus after 90 days
  • Competitive Pay with advancement opportunities
  • Yearly Performance Incentive
  • 11 Paid Holidays
  • Paid Time Off (Starting at 16 days per year with Years of Service Increases
  • 200% 401(k) Match up to 5%
  • Medical Plans with a $5.00 Employee Only Per Pay Period Plan
  • Dental, Vision, Short-Term Disability Insurance
  • Hospital and Accident Indemnity Plans
  • Employer paid Basic Life and AD&D Insurance
  • Employer paid Long-Term Disability Insurance
  • Flexible Spending Accounts- Medical and Dependent Care
  • Tuition/ Educational Assistance
  • Employee Perks and Discounts

Communication Federal Credit Union has proudly served its' members for over 85 years and was ranked #1 Credit Union in Oklahoma by Forbes in recent years! We are committed to our local communities, providing financial education, and supporting local organizations.

We are passionate about the credit union philosophy of "People Helping People" and empower our team members to deliver on that promise. Working at CFCU means working alongside a diverse group of financial professionals to create exceptional member experiences. Our culture encourages trust, collaboration, and communication enabling each of our employees to have a meaningful impact on our organization and in the communities we serve.

Position Summary:

Connect with borrowers regarding delinquent accounts, work to secure payment in compliance with policies and procedures. Recovery methods may include garnishments, levies, repossessions or other actions to minimize delinquency rate and offset loan losses.

Who You Are:

Professional written and oral communication skills; ability to convey information effectively.

Knowledge of collection regulations with ability to read and interpret loan and legal documents.

Intermediate mathematical requirements required, (percentages, fractions, etc.).

Strong attention to detail and accuracy is a must.

Excellent time management and organization skills; ability to adapt to workflow changes, manage competing demands successfully.

What You Will Do:

  • Locate and notify members with semi-delinquent accounts, arrange payments and promises to pay. Communicate with members by phone, mail or online via email. 
  • Identify problematic accounts and upon approval, proceed with corrective action. If collateral repossession needed, work with repossession agent and leadership for disposition.
  • Work dedicated queue (call quota of 25 calls/hour) to completion.
  • Assist members with insurance claim questions regarding payoffs, gap and warranties; refinance of deficient balances, assist with CPI (Collateral Protection Insurance) questions.

Education and Experience:

  • Minimum 1-2 years' experience with financial institution for credit, collections or lending.
  • High School Diploma or G.E.D.
  • Any combination of education, training and experience which provides the required knowledge, skills, and abilities to perform the essential functions of the job required.

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#debtcollector

Communication Federal Credit Union is an equal opportunity employer. We value and strive to provide a diverse workplace free of discrimination. We do not engage in unlawful employment based on gender, gender identity, race, sex, sexual orientation, age, disability, religion, or national origin. We make every effort to provide an environment where every employee feels respected and valued.

Job Posted by ApplicantPro

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FAQs About Credit Resolution Specialist Jobs at Communication Federal Credit Union

What is the work location for this position at Communication Federal Credit Union?
This job at Communication Federal Credit Union is located in Oklahoma City, OK, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Communication Federal Credit Union?
Employer has not shared pay details for this role.
What employment applies to this position at Communication Federal Credit Union?
The employer has not provided this information. This may be discussed during the hiring process.
What is the process to apply for this position at Communication Federal Credit Union?
You can apply for this role at Communication Federal Credit Union either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.