Consumer Loan Collection/Recovery Manager jobs in Illinois

Consumer Loan Collection/Recovery Manager manages a group of collection/recovery supervisors and develops collection strategies to minimize "bad debt" portfolio loss. Responsible for initial and ongoing training for all subordinate personnel. Being a Consumer Loan Collection/Recovery Manager requires a bachelor's degree. Typically reports to a top management. The Consumer Loan Collection/Recovery Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be a Consumer Loan Collection/Recovery Manager typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)

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Consumer Loan Manager
  • Staley Credit Union
  • Decatur, IL FULL_TIME
  • CONSUMER LOAN MANAGER – DECATUR, IL (Woodford Street)

    This is a mid-level management position, which has upward mobility potential based on performance and personal interests. Staley Credit Union is a community-based organization that prides itself on being the loan expert. Reporting to the Chief Lending Officer, the Consumer Loan Manager is responsible for the development of new lenders and occasionally assisting other lenders up to their approval authority.

    Staley Credit Union, located in Decatur, Illinois, provides its members with a complete array of financial products and services. Our mission is to provide convenient, responsible and progressive financial services to our members and serve the community by providing scholarship opportunities through our foundation. Founded in 1930, our original philosophy still holds true today “People Helping People”. For more information, visit us at www.staleycu.com.

    ESSENTIAL DUTIES AND RESPONSIBILITIES:

    • Training/mentoring less experienced loan officers to utilize our LOS, as well as underwriting according to Loan Policy
    • Understands and abides by consumer compliance regulations
    • Assist with the development of new lending programs
    • Explain loan programs to members, evaluate their needs and recommend product and service options
    • Evaluate financial position, originate and underwrite consumer loans including vehicle, credit card, secured/unsecured and home equity loans
    • Discuss the benefits of debt protection coverage, GAP and extended warranty options with members
    • Ensure that title liens are perfected and insurance requirements are met

    WHAT WE REQUIRE:

    • Bachelor degree required
    • A highly motivated individual, with at least 7 years lending experience that includes auto, home equity and unsecured lending
    • Lending experience must include a strong background with home equity and/or conventional mortgages, FHA, VA & USDA loans
    • Prior managerial experience is preferred
    • Excellent verbal and written communication skills
    • Strong analytical and multi-tasking skills
    • Exhibit strong relationship building skills, including initiating and maintaining trusting relationships with our members
    • Must be registered with Nationwide Mortgage License System (NMLS) within 30 days of employment
    • Excellent Microsoft Office skills (Word and Excel)

    WHAT WE OFFER:

    We offer a competitive pay plus bonus and monthly incentive pay opportunities. Our excellent benefits include health, dental, vision, life insurance, 401k with discretionary match, growth opportunities and a team-based environment.

    Staley Credit Union is an equal opportunity employer.

    Job Type: Full-time

    Pay: $60,000.00 - $75,000.00 per year

    Benefits:

    • 401(k)
    • 401(k) matching
    • Dental insurance
    • Health insurance
    • Life insurance
    • Paid time off
    • Tuition reimbursement
    • Vision insurance

    Schedule:

    • 8 hour shift
    • Monday to Friday
    • Weekends as needed

    Education:

    • Bachelor's (Required)

    Experience:

    • Lending: 5 years (Required)

    Ability to Relocate:

    • Decatur, IL 62526: Relocate before starting work (Required)

    Work Location: In person

  • 25 Days Ago

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Manager Trainee - Marion
  • Tower Loan
  • Marion, IL FULL_TIME
  • Manager Development Program At Tower Loan, we believe in developing leaders. In 10-12 months, our full-time Manager Development Program will give you the knowledge, skills, and abilities to effectivel...
  • 16 Days Ago

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Manager Trainee - Peoria
  • Tower Loan
  • Peoria, IL FULL_TIME
  • Manager Development Program At Tower Loan, we believe in developing leaders. In 10-12 months, our full-time Manager Development Program will give you the knowledge, skills, and abilities to effectivel...
  • Just Posted

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Manager Trainee - Fairview Heights
  • Tower Loan
  • Fairview, IL FULL_TIME
  • Manager Development Program At Tower Loan, we believe in developing leaders. In 10-12 months, our full-time Manager Development Program will give you the knowledge, skills, and abilities to effectivel...
  • 2 Days Ago

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Manager Trainee - Woodstock
  • Tower Loan
  • Woodstock, IL FULL_TIME
  • Manager Development Program At Tower Loan, we believe in developing leaders. In 10-12 months, our full-time Manager Development Program will give you the knowledge, skills, and abilities to effectivel...
  • 2 Days Ago

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Manager Trainee - East Rockford
  • Tower Loan
  • Rockford, IL FULL_TIME
  • Manager Development Program At Tower Loan, we believe in developing leaders. In 10-12 months, our full-time Manager Development Program will give you the knowledge, skills, and abilities to effectivel...
  • 1 Month Ago

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Collections Manager
  • Marcolin
  • Branchburg, NJ
  • The Credit & Collections Manager is responsible for the strategic management and the day-to-day operations of the Credit...
  • 4/20/2024 12:00:00 AM

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Collections Manager
  • Stone Alliance Group
  • Westborough, MA
  • Our client, headquartered in Westborough, MA is a national leader in providing sustainable restroom solutions and has se...
  • 4/20/2024 12:00:00 AM

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Collections Manager
  • Erisa Recovery
  • Dallas, TX
  • Overview ERISA Recovery, a frontrunner in the Federal ERISA appeals process for collecting complex and aged claims, seek...
  • 4/19/2024 12:00:00 AM

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Collections Manager
  • MATHESON
  • Irving, TX
  • Collections Manager will be responsible for all aspects of credit and collections policy and procedures adherence for th...
  • 4/19/2024 12:00:00 AM

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Collections Manager
  • Marcolin
  • Neshanic Station, NJ
  • The Credit & Collections Manager is responsible for the strategic management and the day-to-day operations of the Credit...
  • 4/18/2024 12:00:00 AM

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Collections Manager
  • Stone Alliance Group
  • Westborough, MA
  • Our client, headquartered in Westborough, MA is a national leader in providing sustainable restroom solutions and has se...
  • 4/17/2024 12:00:00 AM

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Collections Manager
  • ERISA Recovery
  • Dallas, TX
  • Overview ERISA Recovery, a frontrunner in the Federal ERISA appeals process for collecting complex and aged claims, seek...
  • 4/16/2024 12:00:00 AM

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Collection Manager
  • Leidos
  • Charlottesville, VA
  • Description The National Security Sector within Leidos is seeking a Collection Manager to support our customer and work ...
  • 4/9/2024 12:00:00 AM

Illinois (/ˌɪlɪˈnɔɪ/ (listen) IL-ih-NOY) is a state in the Midwestern and Great Lakes region of the United States. It has the fifth largest gross domestic product (GDP), the sixth largest population, and the 25th largest land area of all U.S. states. Illinois is often noted as a microcosm of the entire United States. With Chicago in northeastern Illinois, small industrial cities and immense agricultural productivity in the north and center of the state, and natural resources such as coal, timber, and petroleum in the south, Illinois has a diverse economic base, and is a major transportation hu...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Consumer Loan Collection/Recovery Manager jobs
$89,264 to $132,987

Consumer Loan Collection/Recovery Manager in Brockton, MA
The consumer loan collection recovery manager job description also includes that the collection recovery manager is responsible for the training of any subordinate employees (both initial and ongoing) and is responsible for any losses these personnel make.
February 20, 2020
Consumer Loan Collection/Recovery Manager in High Point, NC
The consumers targeted did not actually owe the debt being collected.
February 22, 2020
Consumer Loan Collection/Recovery Manager in Boulder, CO
DFI has received complaints from Washington consumers who received threatening emails from entities claiming to be “Ace Cash Services” and “Ace Cash.” It appears that this activity is a loan collection scam.
December 31, 2019