Loan Collection Clerk supports the collections group by performing routine administrative and clerical tasks. Inputs data, coordinates document distribution, and responds to customer requests related to loans. Being a Loan Collection Clerk requires a high school diploma. Typically reports to a supervisor. The Loan Collection Clerk possesses a moderate understanding of general aspects of the job. Works under the close direction of senior personnel in the functional area. May require 0-1 year of general work experience. (Copyright 2024 Salary.com)
Growing law firm in Washington, DC seeking an experienced Collections Professional with proven law firm collections experience.
A flexible, hybrid schedule is available with this opportunity!Legal / law firm environment experience 100% required.Job Description : The law firm collections specialist is responsible for managing and collecting outstanding balances on behalf of the law firm.
Reviewing and monitoring outstanding balances on client accountsContacting clients via phone and / or email to request paymentNegotiating payment arrangements with clients who are experiencing financial hardshipProviding guidance to attorneys on the best course of action for collecting outstanding balancesPreparing and sending collection letters and / or legal noticesMaintaining accurate records of all collection activities in the firm's billing systemCollaborating with other members of the billing department to resolve any issues that arise related to collectionsStaying up-to-date on collection laws and regulations to ensure compliance with local and federal requirementsPerforming other duties as assigned by the billing manager or firm leadership.
The ideal candidate will have excellent communication skills, strong attention to detail, and the ability to work well under pressure.
Ideal candidate will also have experience in collections or accounts receivable, and a working knowledge of billing systems and collection tools.
Last updated : 2024-03-06