Home Improvement Financing Collections Recovery Collector

Job title: Home Improvement Financing Collections Recovery Collector

Company: Regions Bank


Job description: Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career — a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions’ Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.Job Description:At Regions, the Home Improvement Financing Collections Recovery Collector manages recovery accounts after charge off and works with Collections Managers to establish settlement and repayment terms.Regions Home Improvement Financing, a division of Regions Bank, engages in strategic partnerships with home-improvement manufacturers, distributors, franchisors, trade groups, and independent contractors to provide Point-of-Sale financing capabilities. This enables these partners to provide homeowners with an additional option to pay for various improvements to their homes, benefitting both the contractor partner and the homeowner.Primary Responsibilities

• Processes recovery payments as authorized
• Assists in distributing and sorting of mail, processing and coding of all recovery checks, coding of legal and recovery invoices, and billing
• Establishes contact with account holders and sets up repayment terms on low balance charge off accounts
• Assists in review of the Follow Up report for updated status on recovery and legal accounts
• Documents and reviews recovery accounts with payment agreements and updates any changes of legal status in collection system notes
• Assists in daily requests with collection attorneys, gathering additional loan documentation and case management
• Aids in locating UTL accounts
• Monitors charge off accounts for settlements and or paid in full status and submits AUD requests to update credit status and have account then purged off system

This position requires the tracking of time and is eligible for overtime hours worked in excess of 40 per week under the Fair Labor Standards Act.This position is incentive eligible.Requirements

• High School Diploma or GED
• Two (2) years of collections recovery or related experience

Skills and Competencies

• Ability to communicate with all levels of management
• Ability to multi-task and work in a fast-paced environment
• Proficient in the Microsoft Office Suite
• Strong verbal and written communication skills
• Working knowledge of collection and lending software

Position Type Full timeCompensation DetailsPay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.Job Range Target:Minimum: $40,000.00 USDMedian: $48,240.00 USDIncentive Pay Plans: This role is eligible to participate in a formulaic incentive plan. Employees have the potential to earn incentives based on performance against defined metrics and goals.Benefits InformationRegions offers a benefits package that is flexible, comprehensive and recognizes that “one size does not fit all” for Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.

• Paid Vacation/Sick Time
• 401K with Company Match
• Medical, Dental and Vision Benefits
• Disability Benefits
• Health Savings Account
• Flexible Spending Account
• Life Insurance
• Parental Leave
• Employee Assistance Program
• Associate Volunteer Program

Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions’ benefits, please click or copy the link below to your browser.Location Details Salt Lake City UT LOBLocation: Salt Lake City, UtahEqual Opportunity Employer/including Disabled/VeteransJob applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.

Expected salary:

Location: Salt Lake City, UT

Job date: Thu, 17 Jul 2025 23:19:22 GMT

To help us track our recruitment effort, please indicate in your email/cover letter where (jobsnear.pro) you saw this job posting.Thanks&Good Luck