Financial Assistance Representative I
Financial Assistance Representative I
Posted on :
14-08-2025
Employer Active
1 Vacancy
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Job Description
ESSENTIAL FUNCTIONS:
Member Contact
Contact Members with delinquent loans negative shares and Visa accounts for the purpose of obtaining delinquent payments arranging for payment schedule to bring loans current rescheduling existing payment or determining Member present status in order to make provisions for obtaining outstanding balance
Initiate outbound calls and accept all incoming calls at all times strictly adhering to required department compliance and member information security procedures
Provide excellent quality service to all Members and all RCU departments always making sound timely decisions and judgment calls in restoring services impacted by delinquent account status engaging management assistance where needed
Perform skip-tracing functions routinely
Ensure high quality member service by implementing credit union policy as well as departmental procedures and standards in relation to the establishment and maintenance of loans and accounts minimizing escalations and/or working closely with management to address escalations. Serve delinquent members and accounts by accepting phone payments processing extension requests and workout loans.
Recommend accounts for repossession of collateral securing delinquent loans preparing recommendation documentation for manager approval and hand off to the Collateral Recovery Officers. Assist Collateral Recovery Officer(s) as needed.
Assist with the follow up on all delinquent and non-delinquent bankruptcy accounts and deceased member accounts as assigned (when notification is received by FAD)
Admin Support
Assist in processing request for charge off accounts for those loans determined to be un-collectible.
Complete departmental and back-office tasks as assigned including (but not limited to) typing routine letter and/or documents.
Assist in the preparation of documents needed for the pursuit of legal action against Members and/or support the bankruptcy process as assigned.
Prepare periodic specialty reports or balance department related general ledger accounts as assigned.
Serve non- delinquent Members by accepting phone payments processing extension requests and workout loans.
Participate in departmental meetings and training programs.
Required Experience:
Unclear Seniority
Employment Type
Full Time
Key Skills
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