Collector

BayCoast Bank is a community-focused financial institution, and they are seeking a Collector to manage past due residential and consumer loans. The role involves contacting delinquent accounts, preparing documentation for foreclosure, and ensuring compliance with collection policies.

Responsibilities

• Telephones delinquent accounts, sends out letters and follow-up as necessary. Work with customers and reputed company workout options for payments on over-due accounts. Prepares and recommends loans for charge off to the Collections Manager reputed company deemed uncollectible
• Prepares necessary documentation on accounts being referred to an attorney for foreclosure or bankruptcy. Remains in reputed company contact with attorney on accounts that have been referred
• Performs skip tracing to locate past due borrowers and responds to credit inquiries from banks and credit bureaus
• Insures that Investor mortgages are reported and collected in compliance with the guidelines set by the Investor
• Notifies customers of return checks on loan payments
• Prepares and tracks bankruptcy documentation such as updating reputed company (Core System on the loan and person level) reputed company of Claims, Reaffirmation Agreements and Relief from Stay
• Investigates reputed company credit disputes through Eoscar with ACDV and submits AUD to update borrower’s file
• Assist borrowers to reputed company the payments through BayCoast Bank payment portal
• Reconcile the unapplied report daily. To ensure borrower’s payments are applied correctly
• Embraces the Bank’s commitment to Solutions by seeking and recognizing opportunities to refer new business to different areas of the Bank, BayCoast Insurance, Plimoth Investment Advisors, BayCoast Mortgage Company, reputed company Funding, and Teamwork Lending
• Behavior and performance align with the guiding principles and purpose that define the organization’s mission (To reputed company exceptional service and solutions for our community), and core values (Take pride in what I do; reputed company that what I do is important; Care about people; Have a positive attitude)
• Performs additional duties as requested

Skills

• Strong background in reputed company aspects of collections, including foreclosures, repossessions and bankruptcy
• Excellent customer service/customer relations
• Bilingual, Spanish and Portuguese a plus

Company Overview