Job Summary :
We are seeking a highly experienced and results-driven Area Collections Manager to lead our collections team. The successful candidate will be responsible for managing a team of collections professionals, developing and implementing effective collections strategies, and ensuring that collections targets are met or exceeded. The ideal candidate will have a strong background in collections, excellent leadership and communication skills, and the ability to work in a fast-paced and dynamic environment.
Key Responsibilities :
- Develop and implement effective collections strategies to maximize recoveries and minimize losses.
- Build and maintain relationships with customers to understand their needs and concerns.
- Negotiate and agree on repayment plans with customers to ensure timely and full repayment of loans.
- Lead and manage a team of collections professionals to achieve collections targets and objectives.
- Provide coaching, training, and development opportunities to team members to enhance their skills and performance.
- Collaborate with other departments, such as sales and credit, to ensure a cohesive approach to collections.
- Provide excellent customer service and respond to customer inquiries and complaints in a professional and courteous manner.
- Identify and mitigate potential risks associated with auto loan collections, such as fraud and default.
- Prepare and submit regular reports to senior management on collections performance, trends, and issues.
- Analyze collections data and trends to identify areas for improvement and optimize collections processes.
Requirements :
Bachelor's or Master's degree in Business, Finance, or a related field.8+ years of experience in collections, preferably in the commercial vehicle / auto loan industry.Proven track record of success in managing collections teams and achieving collections targets.Excellent leadership and communication skills.Strong analytical and problem-solving skills.Ability to work in a fast-paced and dynamic environment.Proficient in Microsoft Office, particularly Excel, Word, and PowerPoint.Skills Required
Word, Powerpoint, Microsoft Office, Excel