Credit Collection Specialist I-IV

The Credit Collection Specialist is responsible for collecting past due consumer debts including secured and unsecured loans credit lines credit cards overdrafts and real estate loans. Implements appropriate loss mitigation strategies to resolve delinquency and minimize risk. Accurately documents all conversations and reasoning behind actions taken. Provides support in the collection of accounts that have been charged off.

Location: 717 W Sprague Ave Spokane WA 99201

Schedule:Monday thru Friday Dayshift hours. Eligible for a hybrid schedule after initial training.

Essential Functions

• Contacts delinquent customers by phone email text and mail to determine reason for delinquency and to attempt to resolve the delinquency.

• Recommends resolutions to include loss mitigation charge offs and legal action.
• Works in the recovery of bad debt and charged off loans.
• Has strong knowledge of loan documents and a clear understanding of default and the remedies available to cure.
• Participates in special projects or duties as assigned.
• Performs compliance and risk management duties as required or assigned.

Requirements

• Knowledge of or ability to learn bankruptcy law real estate law and civil law.

• Ability to communicate effectively with attorneys as an advocate for the bank when dealing with attorneys for the bank and for the customer.
• Ability to understand basic legal terms and concepts.
• Ability to understand appraisals/BPOs/Collateral valuations.
• Ability to understand bank loan documents and legal terminology contained therein so that the rights of the bank are protected in legal matters.
• Knowledge of or ability to learn applicable rules and regulations.
• Ability to communicate and listen effectively with customers across all methods of communication.
• Ability to work as a team player with collections team and work closely with all department staff.
• Ability to work independently exercising sound judgment and adhering to approval authority guidelines.

Pay Range:

Credit Collection Specialist I - $20.67 to $31.03 per hour
Credit Collection Specialist II - $22.50 to $33.76 per hour
Credit Collection Specialist III - $24.45 to $36.71 per hour
Credit Collection Specialist IV - $26.63 to $39.94 per hour

The compensation range represents the low and high end of the base compensation range for this position located in Spokane compensation will vary and may be above or below the range based on various factors including but not limited to location experience and performance.

What Our Culture Can Offer You:

Our benefit philosophy is to provide you with a comprehensive package to secure your overall wellness and help you become and remain a fulfilled and productive employee. Our benefits include Health Financial Retirement and Work/Life Benefits. We are proud to share an overview of our benefits HERE as part of your total compensation.

Washington Trust Bank celebrates diversity in the workplace and actively recruits talent to help reflect the unique communities where we live and work. We are proud to be an equal opportunity employer and prohibit discrimination or harassment based on race religion sex gender identity sexual orientation national origin age pregnancy disability genetic information and any other protected characteristics outlined by state federal and local laws. We believe strength comes from the diverse backgrounds and experiences of our team and we are dedicated to fostering a supportive and inclusive work environment.

Required Experience:

IC