Collections Consultant

2 weeks ago


Century City, Western Cape, South Africa Lime Loans South Africa Full time

Collection Agent Responsibilities:

  • Collaborating on debt collection efforts with Accounts, Sales, and the Legal Department.
  • Developing debt collection strategies and plans.
  • Adhering to the FDCPA throughout the debt collection process.
  • Contacting debtors by telephone to enact and negotiate debt recovery.
  • Searching publicly available databases to track down defaulters, including Credit Bureau information, background checks, and loan documents.
  • Preventing repeated payment delinquency by negotiating manageable debt payments.
  • Negotiating settlements to receive payment on a certain percentage of the debt.
  • Keeping hard copy and electronic records of all communications, payment plans agreed to, and amounts paid.
  • Sending statements of delinquencies and satisfied debts to the Credit Bureau, as well as purging records where debts have been satisfied.
  • Initiating legal and repossession proceedings if debt recovery fails.

Collection Agent Requirements:

  • Debt collection certification or training preferred.
  • Indepth knowledge of the FDCPA and professional codes of conduct.
  • Proficiency in debt collection software, such as ACE and CollectMax.
  • A minimum of 2 years experience in sales, customer service, or telemarketing.
  • Previous debt collection experience will be advantageous.
  • Experience in developing and enacting debt recovery plans and strategies to prevent losses.
  • Exceptional ability to communicate with debtors to negotiate debt payment plans.
  • Ability to collaborate on debt collection efforts with other departments and institutions.
  • Experience in tracking down defaulters by searching publicly available databases and records.
  • Exceptional recordkeeping and interpersonal skills.

Salary:
R6, R7,000.00 per month

Ability to commute/relocate:

  • Century City,

Western Cape:
Reliably commute or planning to relocate before starting work (required)

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