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Collections Counselor II

WashingtonHybrid

AI Summary

The Collections Counselor II handles full collections and recovery for consumer and small business loan and credit card portfolios, making recommendations for repossession, foreclosure, suits, charge-offs, and bankruptcy actions while monitoring risk ratings and compliance.

About this role

More than 135 years ago, we started with core values that never go out of style: listen, learn and help businesses and individuals reach their goals. These core values shape our culture, and we were recently Great Place to Work Certified because of our outstanding workplace culture and employee experience. As well, our financial strength and stability are key reasons Forbes named us one of the Best 100 Banks in America for the ninth consecutive year.

With more than $16 billion in assets and 135 branch locations throughout Washington, Oregon, Idaho, and California, we understand our role in the economy and take that responsibility seriously. In addition to offering a source of capital to personal banking clients and businesses of all sizes, we place a high importance on employee volunteerism and donate millions of dollars each year to community organizations.

As a Collections Counselor II you will be responsible for all collection and recovery activity related to consumer and small business (QuickStep) loans and credit cards.

In this role you'll have the opportunity to:

  • Responsible for all collection activity on assigned accounts. Collect accounts in a manner to maintain delinquency at acceptable levels and keep loan losses to a minimum.
  • Responsible for completing recommendation forms for all accounts assigned and monitor accounts to see that the Risk Ratings are accurate on an ongoing basis.
  • Responsible for making recommendations for repossession, foreclosure, suit, and other major collection activities. Make recommendations for charge-off and future collection activity.
  • Responsible for handling bankrupt accounts including all correspondence and reporting to the Bankruptcy Court.
  • Responsible for all communications with borrowers regarding collection activity including late notices, collection letters, demand letters, etc.
  • Monitor charged-off loans and Bankcards and provide monthly reporting.
  • Prepare and distribute all reports related to collections.
  • Responsible for ensuring all collection activities comply with policies, procedures, security requirements, and government regulations.

    • Education & Certifications

  • High School Diploma/G.E.D.

    • Experience

  • 2 or more years of experience in collections

    • Knowledge, Skills and Abilities

  • Possess a basic knowledge of consumer and small business loans and credit cards.
  • Possess general office skills including proficiency in Microsoft Office.
  • Demonstrate good verbal and written communication skills.
  • Possess strong sales ability to tactfully resolve delinquent accounts.
  • Possess excellent organizational skills.
  • Knowledge of federal and state laws and regulations relating to consumer & small business lending and credit cards.

    • Compensation & Benefits

  • Targeted starting hourly range (based on experience): $21.99-$25.87
  • Incentive and commission compensation may be awarded for eligible roles
  • Comprehensive employee benefits, including: medical, dental, vision, LTD, STD and life
  • Paid vacation time, sick time and 11 company paid holidays
  • 401k (with up to 4% match)
  • Tuition reimbursement
  • Get more information at: Employee Benefits | Banner Bank

    • Skills

    Bankruptcy Court FilingCharge-offCollections PolicyConsumer LendingForeclosureMicrosoft OfficeRegulatory ComplianceRepossessionRisk RatingSmall Business Lending

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