Collection Coordinator

If youre looking for a meaningful career, youll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Websters values, these set us apart as a bank and as an employer.

Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!

• Ensure that collection efforts are entered into the servicing system of record in the form of clear and complete case notes at the loan account level.
• Work assigned call queues and call campaign lists to timely completion, using verbal and written communication channels to secure promise of payments, satisfactory arrangements to cure the delinquency and prevent the further ageing.
• Communicate in a professional, ethical and empathetic manner to resolve the delinquency. Seek Quality Right Party (QRPC) during any established contact with the Borrower to discuss the financial difficulties causing the delinquency to determine:

(1) Reason for Default (RFD).(2) whether their hardship is temporary or permanent.(3) property occupancy status.(4) Ability to repay the Delinquency.

• In each QRPC, achieve one or more of the following outcomes:

1) Collect past due payments2) Accept a Promise to Pay or short- term Repayment plan3) Discuss or recommend alternate options for resolving theDelinquency through Loss Mitigation as defined in Job Aid 1003.1.4,Collections Chart for Loss Mitigation discussions.

• Institute skip tracing efforts as needed and maintain accurate, complete records of same.
• Handle the mailing of automated written Collection communications to the borrowers as assigned, including one or more of the following: Mild, Medium and Strong letters, EIL letters, 60 Day Letters ensuring prompt and accuracy of the communication.
• Prepare and mail periodic non automated Collection communications to the borrowers as assigned, including one or more of the following: 45 Day letters packages, State specific Default letters ensuring prompt and accuracy of the communication.
• Handle payment reversals related to drafts and checks returned NSF Support the preparation of documents for Litigation Referral packages and advance calling and skip tracing efforts.

The estimated salary range for this position is $20.00 to $22.00 USD an hour. Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.

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All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.