Loss Recovery Specialist - Collections (WFI)
Location: Las Vegas, NV
This position is responsible for collecting potential 90-119 days past due accounts. The employee will be assigned to a queue that will vary from 85-130 accounts per collector a month. This will also require good negotiation skills and listening skills. This individual needs to use good judgment and their experience to make suitable payment plans with our customers. The employee will perform all duties in accordance to Westlake’s policies, procedures and compliance.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
- This position requires the employee to manage 85-130 accounts per month; may vary month to month.
- Employee needs to have good negotiation skills and works in a team environment.
- Employee is required to maintain their daily goal.
- Initiate effective outbound calls and receive inbound calls.
- Produce and arrange collection solutions for customers.
- Heavy skip tracing on accounts for potential leads on customers and or vehicles.
- Submit accounts to Supervisor for approval to put vehicles out for repossessions; complete repo order requests.
- Provide account updates.
- Interact with Repossession companies
- Obtain updates from Repo companies
- Interact with different departments
- Analyze account history for errors; follow up until remedied.
- Multi- task.
- Responsible for ensuring confidentiality of all aspects of the company’s operations, portfolio, customer information and computer technology.
- Team player
- Viewing department reports
- Employee needs to maintain their performance and monthly goals
ESSENTIAL KNOWLEDGE, SKILL & LICENSES:
- 2+ years’ experience in collection environment and/ or 2+ years direct collection experience
- Skip tracing background.
- Excellent communication, and negotiation skills.
- Willing and able to work a flexible schedule, overtime and weekends.
- Ability to multi-task in a fast paced environment.
- Extensive knowledge of state and federal laws applicable to collections, including the Fair Debt Collections Practices Act.
EDUCATION AND/OR EXPERIENCE:
- High School diploma (or equivalent) or higher.
- Minimum of 2 years work experience in the collections industry.
- General knowledge of collection, repossession, and skip tracing
MACHINES, OFFICE EQUIPMENT & SOFTWARE:
- Daybreak or other retail consumer servicing systems.
- Microsoft, Excel, and Outlook
- Copier, fax and other general office supplies.
- Web navigation and/or web-based applications and skip trace.