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Collections Support 2 Hourly

Remote: 
Full Remote
Contract: 
Salary: 
33 - 42K yearly
Experience: 
Junior (1-2 years)
Work from: 

Offer summary

Qualifications:

Working knowledge of FDCPA and laws, Bachelor's Degree preferred or equivalent experience (1-2 years), Basic accounting knowledge required, Proficient in Excel/Access, Must pass a background investigation.

Key responsabilities:

  • Contact past due customers to negotiate payments
  • Analyze credit risk and manage delinquent accounts
  • Communicate effectively to resolve issues
  • Apply departmental policies and maintain documentation
  • Participate in training and special projects
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WEX XLarge https://www.wexinc.com/
5001 - 10000 Employees
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Job description

About the Team/Role:
Contact past due customers to understand the customer’s circumstances, negotiate payment arrangements, assess risk and provide service. Responsible for analyzing funded credit risk through the general maintenance of existing customers.

How You'll Make An Impact:

  • Communicates effectively, orally and in writing, with customers to negotiate and obtain immediate payment and resolve delinquent account balances. Engages in on-going education with customers on terms and conditions, alternative payment methods. Manages and avoids creating conflict when interacting with customers. Ability to manage multiple portfolios. Utilizes judgment and experience to make decisions that effectively balance risk, quality, productivity, corporate objectives and customer retention.  Manage delinquencies from rolling to the next level.  % Time: 40

  • Applies industry knowledge, departmental policies and procedures, and Fair Debt Collection Practices Act to make appropriate collection decisions. Demonstrates the ability to apply consistency in work processes. Proficient use of multiple systems and collections tools to be able to reach the right party contact.  Appropriate documentation of accounts and follow-up.  % Time: 35

  • Self motivated, dependable and ability to work productively in a dynamic, high energy, rapidly changing environment.  Competitive, persistent & assertive.  Participates in associate education and development through company training programs and pursuit of industry information.  % Time: 20

  • Performs additional duties and participates in special projects as required.  % Time: 5


These statements are intended to describe the general nature and level of work being performed rather than give an exhaustive list of all duties and responsibilities.

Experience You'll Bring:

  • Working knowledge of FDCPA and any other applicable Federal law

  • Bachelor’s Degree preferred: equivalent work experience in lieu of degree (1-2 years in related field)

  • Basic accounting knowledge

  • Effective oral and written communication skills

  • Analytical skills

  • Sound decision making/judgment

  • Flexible/Adaptable to change

  • Detail Oriented

  • Ability to maintain confidentiality of customer and company information

  • Organized/Time Management ability

  • Working knowledge of Excel/Access

  • Ability to be productive while maintaining quality

  • Results Oriented

  • Self-motivated

  • Basic Skip Tracing knowledge

  • Must pass a successful background investigation


Additional Information:

  • Must review account information and ask appropriate questions regarding the customer’s financial situation. Utilizes the account history and other available information sources to assess the customer’s situation, offer solutions, and determine risk. Daily decisions will include: establishing appropriate payment plans with customers and setting appropriate follow-up, allowing or not allowing account reactivation, determination of the necessity of a credit line increase/decrease for a customer, alternate payment options, escalating account, etc.

  • This position is an autonomous position within the rules and guidelines of the department. The position is expected to evaluate all data available, consider what the customer’s needs are, and choose the appropriate rule or guideline to follow. The individual is also expected to recognize appropriate situations that may warrant an exception to rules or an outside of the box solution and present recommendations to management for consideration.

  • Direct impact on company profits. The position is responsible for limiting bad debt losses for the company and increasing revenue by effectively assessing risk and obtaining payment arrangements that allow customers to continue purchasing. The wrong decision can result in significant financial losses to the company. Manages delinquencies from rolling to the next level.

  • External contact with customers ranging from accounts payable personnel to the CEO and personal guarantors.  Frequent internal contact with other associates, departments and management.


Working Conditions and Physical Demands:

  • Sitting, standing, walking, speaking on a telephone, listening, typing on a computer, and moderate lifting

The base pay range represents the anticipated low and high end of the pay range for this position. Actual pay rates will vary and will be based on various factors, such as your qualifications, skills, competencies, and proficiency for the role. Base pay is one component of WEX's total compensation package. Most sales positions are eligible for commission under the terms of an applicable plan. Non-sales roles are typically eligible for a quarterly or annual bonus based on their role and applicable plan. WEX's comprehensive and market competitive benefits are designed to support your personal and professional well-being. Benefits include health, dental and vision insurances, retirement savings plan, paid time off, health savings account, flexible spending accounts, life insurance, disability insurance, tuition reimbursement, and more. For more information, check out the "About Us" section.

Pay Range: $17.00 - $22.00

Required profile

Experience

Level of experience: Junior (1-2 years)
Spoken language(s):
English
Check out the description to know which languages are mandatory.

Other Skills

  • Physical Flexibility
  • Microsoft Excel
  • Time Management
  • Decision Making
  • Detail Oriented
  • Analytical Skills
  • Reliability
  • Self-Motivation
  • Organizational Skills

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