Debt Recovery Specialist

Debt Recovery Specialist

Requirements

• Requires a bachelor’s degree, or equivalent.
• Previous experience in commercial credit and collections (including with collections laws, regulations and best practices, construction liens, and bonds).
• Proficiency in Microsoft Office suite (Outlook, Work Excel and PowerPoint) and Adobe Acrobat is required.
• Case management experience.
• Strong organizational skills and attention to detail.
• Strong communication and interpersonal skills.
• Attention to detail and accuracy; advanced organizational skills.
• Ability to work independently and properly prioritize pending tasks.
• Ability to plan and coordinate multiple assignments at the same time in a fast-paced environment.
• An overall positive attitude and good interpersonal skills.
• High level of professionalism, integrity, and ethics, and an ability to exercise sound judgment and discretion.
• Self-motivated and able to work efficiently, either independently or in a team.

Responsibilities

• Managing a portfolio of delinquent accounts, including overseeing the work of third-party collection agencies and placing accounts with outside attorneys, including arranging for payment of related invoices.
• Updating statuses of debtor accounts.
• Attending mediations and judgment hearings.
• Assisting with the negotiation and documentation of settlements.
• Assisting with responding to department phone calls.
• Preparing reports.
• Assisting with the setting of accruals.
• Researching accounts receivable for bad debt recovery as needed.
• Research regarding potential collectability.
• Researching legal documents and notices as needed.
• Auditing account aging as requested.
• Special projects and other duties as assigned.

Preferred Qualifications

• Experience with systems like Legal Tracker and CLEAR preferred.