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Collections Manager - Remote

Posted Yesterday
Finance / Legal
Full Time
USA
$71,985.72 - $119,976.20/year

Overview

The Collections Manager is responsible for managing a team that handles collections, repossessions, remarketing of assets, and related litigation for small ticket business equipment leases.

In Short

  • Manage collection of past due payments for loan and lease accounts.
  • Assist Collectors with assessing collections options and tactics.
  • Oversee asset repossession and remarketing processes.
  • Support bankruptcy and litigation efforts to maximize fund recovery.
  • Work with external vendors to monitor delinquencies.
  • Approve asset sales and collection settlements.
  • Utilize tracking systems to manage daily activities and analyze reports.
  • Develop strategies to improve collection effectiveness.
  • Ensure adherence to company policies and internal controls.
  • Promote a supportive work environment reflecting company values.

Requirements

  • Minimum 7 years of relevant education or work experience.
  • 5 years of collections and recovery experience.
  • 2 years of supervisory experience.
  • Strong verbal and written communication skills.
  • Proficiency in spreadsheet and word processing software.
  • Strong problem-solving and analytical skills.
  • Interpersonal skills for team management.
  • Knowledge of asset recovery laws and regulations.
  • Associate's degree preferred.
  • Experience with business-specific systems preferred.

Benefits

  • Competitive salary and pay range.
  • Comprehensive benefits package including medical and retirement.
  • Paid volunteer time each year.
  • Support for employee growth and development.
  • Commitment to diversity and equal opportunity.

M.R.C

M&T Realty Capital

Wilmington Trust N.A, a subsidiary of M&T Bank Corporation, is a financial services provider specializing in trustee and custodian services for sophisticated loan asset managers. With a commitment to enhancing client experiences through technology and continuous process improvement, Wilmington Trust plays a crucial role in managing daily loan activities, compliance monitoring, and investor distributions. The company prides itself on its collaborative culture, offering employees opportunities for career advancement and cross-training in various roles. M&T Bank, headquartered in Buffalo, New York, supports Wilmington Trust's mission by providing a comprehensive range of financial solutions and maintaining a strong focus on community engagement and employee development.

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