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Collections Loan Counselor
ServiceLink
Virginia Beach, VA, United States
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The ideal candidate will be a dynamic individual who rigorously advances our mission while consistently delivering exceptional service. If you possess presence and confidence in your ability to promote our core values of entrepreneurship and empowerment, now is the time to join our team and become a part of something big.
A DAY IN THE LIFE
In this role, you will…
• Perform financial interviews, create payment plans and discuss loss mitigation options with homeowners, in a call center environment
• Use an advanced telephony system
• Make decisions to resolve customer issues
• Navigate and enter data on a computer platform
• Provide exceptional customer service
WHO YOU ARE
You possess …
• Enjoy speaking to customers over the phone
• Understanding of mortgage servicing; payment application, payment plans, loss mitigation
• Desire to helps your peers, your team, and all around you because you are highly driven and lead by example
• Analytical ability to apply data and information to all processes and solutions
• Ability to provide consistent engagement in customer and brand experience
LoanCare is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, disability, protected veteran status, national origin, or any other characteristic protected by applicable law.
DETAILED JOB DUTIES
• Answer inbound phone calls from delinquent borrowers, borrowers requesting loss mitigation assistance, and borrowers in the process of foreclosure
• Generate outbound phone calls and when contact is made determine reasons for non-payment, negotiate payment arrangements and offer suggestions to borrowers on how to meet their monthly obligations and advise them as to the possible consequence of not meeting obligations
• Obtain borrower’s monthly financial status through asking borrowers a set of questions regarding their reason for non-payment and monthly income and expenses.
• If loan the qualifies for a 5 month or less repayment plan, calculate and discuss repayment plans terms with borrower(s)
• Ability to explain loss mitigation options in detail and loss mitigation application process
• Demonstrate working knowledge of default and foreclosure timelines
• Demonstrate working knowledge and understanding of all Collection, breach, and state specific Collection letter processes
• Skip trace using online tools such as www.whitepages.com and other free websites
• All other duties as assigned
Qualifications
MINIMUM QUALIFICATIONS
• Minimum of one year collections, loss mitigation or other mortgage/real estate related experience
• At least one year of telephone customer contact experience
• High school diploma or GED
• Complete knowledge of relevant federal regulations and/or the Fair Debt Collection Protection Act
• Ability to learn rules, regulations, laws and methods of collection and skip tracing
• Excellent analytical, communication, and negotiating skills
• Ability to work well on a team and focus on results; adaptable and flexible
• Ability to structure a deal that serves the best interest of the organization, insurer, and client
• Solid PC experience and typing skills
• Ability to work in a structured environment
• Ability to use a dialer system to make/receive phone calls
WORK CONDITIONS
Working conditions are normal for an office environment. Ability to attend work and be productive during normal business hours and to work early, late or weekend hours as needed for successful job performance.
Essential functions are the basic job duties that an employee must be able to perform, with or without reasonable accommodation.
ESSENTIAL FUNCTIONS
Overtime –Required as necessary
Critical Thinking— Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
Reading Comprehension— Understanding written sentences and paragraphs in work related documents.
English Language— Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
Speaking— Talking to others to convey information effectively.
Active Learning— Understanding the implications of new information for both current and future problem-solving and decision-making.
Active Listening— Giving full attention to what other people is saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
Instructing— Teaching others how to do something.
Judgment and Decision Making— Considering the relative costs and benefits of potential actions to choose the most appropriate one.
Time Management— Managing one's own time and the time of others.
Writing— Communicating effectively in writing as appropriate for the needs of the audience.
Complex Problem Solving —Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
Deductive Reasoning —The ability to apply general rules to specific problems to produce answers that make sense.
Problem Sensitivity —The ability to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing there is a problem.
Written Comprehension —The ability to read and understand information and ideas presented in writing.
Inductive Reasoning —The ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events).
Information Ordering— The ability to arrange things or actions in a certain order or pattern according to a specific rule or set of rules (e.g., patterns of numbers, letters, words, pictures, mathematical operations).
Near Vision —The ability to see details at close range (within a few feet of the observer).
Oral Comprehension —The ability to listen to and understand information and ideas presented through spoken words and sentences.
Oral Expression —The ability to communicate information and ideas in speaking so others will understand.
Speech Recognition —The ability to identify and understand the speech of another person.
Speech Clarity —The ability to speak clearly so others can understand you.
PHYSICAL DEMANDS
Sitting up to 95% of time
Walking up to 5% of time
Occasional standing, stooping, kneeling, crouching and reaching