Merchant Cash Advance-Collections Manager*
MCA company, with offices in New York and Chicago, is looking for an experienced collections manager that will handle overall collections daily and manage a small staff. With tremendous anticipated growth of our company, the staff is expected to grow. Must have a minimum of three years of collections experience within the MCA industry and be willing to relocate to Chicago. Company will pay for relocation. Requirements/Responsibilities:
• You will review defaulted client files and provide accurate, financial and collections, record keeping
• You will contact clients in pre-default status
• You will go on scheduled site inspections for defaulting clients
• You have extensive knowledge of pre-litigation, seizure, collection processes
• You will report commission retrievals
• You have experience skip tracing and spoof calling of defaulted clients
• You can create and schedule payment arrangements
• You will manage and collect delinquent accounts
• You have 3+ years of supervisory experience.
• You analyze defaults and slow paying clients
• You will manage and collect slow paying accounts
• You must have strong communication, organization & negotiation skills
• You must be able to effectively communicate with management and outside legal counsel
• You will contact slow paying, delinquent and defaulted clients
• You will review/analyze balances and payments
• You will minimize bad debt and analyze risk
• You will prepare monthly collection reports
• You will prepare promissory notes and payment plans
• You have knowledge of bankruptcy and collection laws a must
• You will review/analyze performance of existing loan portfolio
• You will negotiate settlements with client
• Other duties as assigned Please submit resume.
All inquiries, resumes and applications will be held in strict confidence.
Please send resumes to lkunz@lendr.online