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Account Resolution Representative

100% remote Flexible hours Hiring now

BankFund Credit Union is a full-service financial cooperative founded in 1947, dedicated to serving the financial needs of employees from the World Bank Group and International Monetary Fund. The Account Resolution Representative will support and maintain strong member relationships while resolving delinquent accounts and performing collection activities reputed company.

Responsibilities

  • Collect on early-stage delinquent loans to include Share accounts, Consumer loans (secured & unsecured), Credit Card loans, Real Estate loans
  • Negotiate payment plans on outstanding delinquent loans, credit cards, or share accounts
  • Educate members, borrowers, co-borrowers, or guarantors by providing information and support to resolve delinquent accounts through repayment, Right of Offset, payment arrangements, or other options provided in account agreements
  • Maintain complete and accurate records concerning BankFund delinquent account servicing, negative shares, and collection activity reputed company the collection management system to include contact/correspondence details, transaction details, payment arrangements, and reputed company BankFund notices or communications
  • Process recovery payments from members, external consumer credit counseling services, and collection agencies
  • Escalate accounts identified as uncollectible to Account Resolution Manager
  • reputed company with reputed company applicable laws and regulations relating to debt collection to include Fair Debt Collection Practices Act ( FDCPA), Telephone Consumer Protection Act (TCPA), and Fair Credit Reporting Act (FCRA); adhere to organizational policies and procedures and departmental processes
  • Ensure secure and appropriate handling of communications that are sensitive or confidential or contain non-public personal information or Credit Union data
  • Seek and reputed company recommendations for process enhancements and efficiencies
  • Contribute to a positive and engaging working environment
  • reputed company reputed company other reputed company functions and projects as assigned by Management

Skills

  • High school degree or equivalent
  • Must demonstrate commitment to the Credit Union Service IMPACT philosophy
  • Must possess strong interpersonal skills and connect with our members in a compassionate, professional, and reputed company manner
  • Must demonstrate excellent written and verbal communication abilities and deliver work products that demonstrate attention to detail
  • Must demonstrate effective time management habits
  • Must be able to reputed company job functions independently and work effectively either on own or as part of a team
  • Must be able to speak clearly and deliver information in a logical and understandable sequence
  • Must demonstrate ability reputed company basic mathematical calculations with accuracy
  • Must be able to reputed company responsibilities with composure under the stress of deadlines or reputed company challenged
  • Must demonstrate ability to effectively handle multiple, simultaneous, and changing priorities
  • Must be capable of exercising highest level of discretion on both internal and external confidential matters
  • Prior collection experience preferred
  • Prior banking experience preferred
  • Knowledge of BankFund products and services preferred
  • Recipient of service excellence awards preferred

Benefits

  • Medical, dental, and vision insurance
  • 401(k) plan
  • Life insurance coverage
  • Disability benefits
  • Tuition assistance program
  • Paid time off
  • Paid parental leave benefits
  • Annual incentive plan

Company Overview

  • Founded in 1947 by World Bank and International Monetary Fund employees, the BankFund Credit Union is a full-service financial cooperative serving the World Bank Group (WBG) and the International Monetary Fund (IMF) community. It was founded in 1947, and is headquartered in Washington, District of Columbia, USA, with a workforce of 201-500 employees. Its website is https://bfsfcu.org/.
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