Payment Recovery Specialist jobs in Stillwater, OK
Payment Recovery Specialist is responsible for analysis of denied reimbursement claims. Ensures appropriate insurance coverage for compliance standards and revenue generation. Being a Payment Recovery Specialist monitors, evaluates, and reviews all cost reporting in support of claims. Coordinates with departments and insurance companies to correct errors as necessary. Additionally, Payment Recovery Specialist requires a bachelor's degree in area of specialty. Typically reports to a supervisor or manager. To be a Payment Recovery Specialist typically requires 4 to 7 years of related experience. Contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. (Copyright 2024 Salary.com)
Recently Added Payment Recovery Specialist jobs
- TRUE SKY FEDERAL CREDIT UNION
-
Oklahoma, OK
FULL_TIME
-
True Sky Credit Union
Structured Compensation - Job Description
Payment Solutions Recovery Specialist
Data Year: 2023
Prepared On: 10/20/2023Department:
Payment Solutions
Grade:
7
Reports To:
Payment Solutions Recovery Supervisor
Classification:
Non-Exempt
Supervises Direct:
0
Supervises Indirect:
0
Approved By:
President
Effective Date:
10/20/2023
Revised Date:
10/20/2023
Role:
To preserve the credit union's assets by controlling recovery efforts, garnishments, levy’s, collecting delinquent loan payments and/or recovering collateral.
Essential Functions & Responsibilities:
E
60%
Handles all credit union post charge off recovery efforts and assigns them to our 3rd party vendor for tracking purposes to protect the member and the credit union.
E
20%
Maintains accurate files and reports on all recovery, garnishments, and levies in the collection’s module.
E
10%
Prepares invoice documents from 3rd party vendor and documents accounts in the collection’s module.
E
5%
Informs management of trends in delinquent/charged-off loans.
E
5%
Assists employees with member problems and performs other duties as assigned.
Performance Measurements:
1.
To maximize and control the recovery efforts of the credit union assets from delinquent loans.
2.
To maintain accurate and complete records of all recovery and invoice activity.
3.
To ensure that collection activity is both within credit union policy and all relevant regulations.
4.
To identify and inform management of potential recovery and invoice problems.
5.
To offer/provide assistance in setting up a budget for the member for post charge off accounts.
6.
To stay current and comply with all federal and state regulations including Bank Secrecy Act (BSA) and all credit union policies and procedures.
Knowledge and Skills:
Experience
One year to three years of similar or related experience.
Education
A high school education or GED.
Interpersonal Skills
Work involves much personal contact with others inside and/or outside the organization for the purpose of first-level conflict resolution, building relationships, and soliciting cooperation. Discussions involve a higher degree of confidentiality and discretion, requiring diplomacy and tact in communication.
Other Skills
Communication skills, both verbal & written. Good judgement and analytical skills.
Physical Requirements
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is occasionally required to stand; walk; sit; use hands to finger, handle, or feel objects, tools or controls; reach with hands and arms; climb stairs; balance; stoop, kneel, crouch, talk and hear. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by the job include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus.Work Environment
Work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is not exposed to weather conditions. The noise level in the work environment is usually moderate.This Job Description is not a complete statement of all duties and responsibilities comprising the position.
- 1 Month Ago
- Global Payment Holding Company
-
Oklahoma, OK
FULL_TIME
- Every day, Heartland, a Global Payments Company, makes it possible for millions of people to move money between buyers and sellers using our products and unmatched services. Simply, we create meaningf...
- 25 Days Ago
- Global Payment Holding Company
-
Oklahoma, OK
FULL_TIME
- Every day, Heartland, a Global Payments Company, makes it possible for millions of people to move money between buyers and sellers using our products and unmatched services. Simply, we create meaningf...
- 30 Days Ago
- Global Payment Holding Company
-
Oklahoma, OK
FULL_TIME
- Every day, Heartland, a Global Payments Company, makes it possible for millions of people to move money between buyers and sellers using our products and unmatched services. Simply, we create meaningf...
- 1 Month Ago
- BOB MILLS FURNITURE CO LLC
-
Oklahoma, OK
OTHER
- Job Details Job Location: OK - Oklahoma City - Oklahoma City, OK Education Level: High School Salary Range: $13.00 - $15.00 Hourly DescriptionIT’S TIME FOR YOU TO TAKE CHARGE! Bob Mills Furniture’s Pa...
- 19 Days Ago
- Mathis Home
-
Oklahoma, OK
FULL_TIME
- Assist customers in making over-the-phone payments; answering payment-related inquiries and addressing any payment related issues; process various types of payments including credit card payments ensu...
- 1 Month Ago
- Current Active Filter
- Stillwater, OK
Clear All
- Filter Jobs By posted time
- Within 1 Day
- Within 2-7
- Within 1 Month
- Within 3 Months
0 Payment Recovery Specialist jobs found in Stillwater, OK area
- UNIVERSITY OF CENTRAL OKLAHOMA
-
Edmond, OK
- Job Details Job Location Main Campus - Edmond, OK Position Type Student Salary Range $13.00 - $13.00 Hourly Job Category...
- 4/19/2024 12:00:00 AM
- Hiring Now!
-
Edmond, OK
- RNnetwork is seeking a travel nurse RN Cardiac Cath Lab for a travel nursing job in Edmond, Oklahoma. Job Description & ...
- 4/18/2024 12:00:00 AM
- Iowa Tribe of Oklahoma
-
Perkins, OK
- Job Type Full-time Description Summary of Responsibilities: The Community Health Worker (CHW) is an advocate and facilit...
- 4/17/2024 12:00:00 AM
- ClubCorp
-
Edmond, OK
- Bartender in Edmond, OK at Oak Tree Country Club **Location:** **Job Description** Bartender Responsible for beverage co...
- 4/17/2024 12:00:00 AM
- ClubCorp
-
Edmond, OK
- ClubLife Concierge in Edmond, OK at Oak Tree Country Club **Location:** **Job Description** **ClubLife Concierge** **Sum...
- 4/17/2024 12:00:00 AM
- ClubCorp
-
Edmond, OK
- Restaurant Manager in Edmond, OK at Oak Tree Country Club **Location:** **Job Description** Oversee daily food and bever...
- 4/15/2024 12:00:00 AM
About Stillwater, Oklahoma
were up 1.2% from a year ago