FAB&T · 14 hours ago
Full Time Collection Support Specialist, Card Assets
FAB&T is a financial services company seeking a Collection Support Specialist to assist in managing the Collections Department. The role involves preparing legal documents, reconciling invoices, and managing accounts in a compliant manner.
BankingFinancial ServicesFinTechWealth Management
Responsibilities
Prepare the Legal Packets for Demand Letters, Attorney Workout Plans and Collection Lawsuits
Update the Attorney Tracking Spreadsheets
Reconcile the Attorney Invoices and allocate the costs to the corresponding account
After Charge-Off each month, place the designated accounts with third-party agencies
Respond to requests for documentation and debt validation from third-party collectors
Calculate and present performance of third-party collectors to management
Filing Bankruptcy Proof of Claims
Prepare and File Estate Claims on Deceased Accounts
Compile the necessary data and prepare the Collections for the Monthly Operational Report
Send notification of Intent to Debit to agent banks on Defaulted Guaranteed Accounts
Prepare documentation to assign defaulted guaranteed accounts to Agent Banks
Prepare responses for Credit Reporting Disputes and Subpoenas
Reconcile Fixed Payment report on monthly basis
Manage consumer credit counseling service requests on charged off accounts
Manage payment plan on charged off accounts
Contact Cardholders on Unprocessed or Damaged Checks
Prepare and update weekly and monthly reporting for Collections
Perform any other related duties as required or assigned
Qualification
Required
Understands and adheres to all compliance issues, attends training as required and related to this position, including but not limited to the Bank Secrecy Act, Privacy Act, US Patriot Act, Security and Credit Card Lending
Must adhere to special shift hours as agreed or instructed by manager
Early evening work is required along with possible weekend assignments
Flexible schedules are available
Must have good problem-solving ability
Organizational skills and strong analytical and research skills
Ability to initiate collection calls required
Preferred
Collection experience preferred, especially experience with Bankruptcies, Probate and the Legal Collection Process
Company
FAB&T
FAB&T can help you and your family by offering a range of financial solutions to fit your financial needs.
Funding
Current Stage
Growth StageLeadership Team
Recent News
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