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The Collections Coordinator supports the effective operation of the Collections Department by managing key administrative, servicing, and compliance functions. Responsibilities include monitoring Loss Mitigation programs, reviewing delinquent loan accounts for investors and servicing requirements, managing customer and internal email communications, and performing quality audits to ensure adherence to established SLAs and operational procedures. This role also serves as a liaison between GoodLeap, vendors, and external partners to coordinate site visits, system disconnects, legal demand letters, and other activities that support delinquency management, loss mitigation efforts, and regulatory compliance.
Job Responsibility
Review and evaluate loss mitigation requests submitted by collection specialists to ensure eligibility and adherence to program guidelines
Identify delinquent accounts that qualify for site visits, system disconnects, legal demand letters, and other default remedy actions. Coordinate with third-party vendors to initiate services and track completion
Support settlement negotiations by reviewing settlement requests, evaluating delegated authority parameters, and determining when investor review or approval is required
Manage the Collections Support inbox, respond to inquiries from customers and internal departments, maintain documentation, and ensure timely completion of collection-related administrative tasks
Monitor, maintain, and execute outbound dialer campaigns in accordance with established collection strategies and schedules. Identify business needs, implement campaign modifications, and ensure dialing activities align with operational objectives and compliance requirements
Perform routine audits of collection activities, vendor actions, loss mitigation programs, and departmental processes to ensure compliance with internal procedures, investor requirements, and established service level agreements (SLAs)
Requirements
Minimum 1 year of experience in billing, collections, financial services, or relevant field
Excellent project management skills and a positive attitude
Demonstrated ability to meet deadlines, handle and prioritize simultaneous requests
Creative and analytical thinker with strong problem-solving skills
Excellent verbal and written communication skills
Advanced proficiency with computer functions with MS office suite strongly preferred
Goal oriented focusing on both short- and long-term visions