U.S. Bancorp

Collections Manager (Internal Recovery)

Posted on: 11 Mar 2021

Cincinnati, OH

Job Description

At U.S. Bank, we're passionate about helping customers and the communities where we live and work. The fifth-largest bank in the United States, were one of the country's most respected, innovative and successful financial institutions. U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.

Job Description

Manages the collection activities for various areas within the organization as assigned; such as bank card, consumer loans, direct or indirect loan portfolios, loss recovery, commercial accounts, etc. Manages the review and collection of all past due accounts to achieve target delinquency goals with lowest possible loss ratios and minimal risks. Approves extensions, charge-offs, repossessions and liquidations. Manages filing of insurance claims to realize the recovery of money and minimize losses. Ensures compliance with applicable internal policies and procedures and regulatory requirements. Supervisor of 4 direct management level reports. On a daily basis this role will manage projects and deliverables while identifying new recovery opportunities and initiatives.

We offer the opportunity for career growth and development in a supportive, professional and pleasant work environment, with a competitive salary and an outstanding benefits package including:

* Health

* Dental

* Vision

* Life insurance programs for the employee and family

* Short and long term disability

* Paid time off, including the opportunity to purchase additional vacation time

* Generous tuition reimbursement program

* Banking discounts

* 401K with company match and pension programs

Explore your career possibilities at U.S. Bank and join a company thats as passionate as you are about helping our customers meet their goals and making a difference in the communities we live and work. Our industry-leading financial performance, innovative spirit and best-in-class reputation empower employees to succeed.

Basic Qualifications
- Master's degree, or equivalent work experience
- Eight to ten years of experience in collections and financial services industry
- Four or more years of management/supervisory experience

Preferred Skills/Experience
- Advanced knowledge of loan collection techniques, policies, procedures, and principles of credit lending
- Strong understanding of collection laws and regulations
- Advanced knowledge of consumer, residential, commercial and/or dealer originated installment lending as applicable
- Thorough knowledge of on-line collection systems
- Thorough knowledge of general organizational operations and procedures

- Strong planning and organizational skills
- Good managerial skills
- Ability to resolve complex problems with minimal guidance
- Excellent verbal and written communication skills

Benefits:
Take care of yourself and your family with U.S. Bank employee benefits. We know that healthy employees are happy employees, and we believe that work/life balance should be easy to achieve. That's why we share the cost of benefits and offer a variety of programs, resources and support you need to bring your full self to work and stay present and committed to the people who matter most - your family.

Learn all about U.S. Bank employee benefits, including tuition reimbursement, retirement plans and more, by visiting usbank.com/careers.

EEO is the Law
Applicants can learn more about the companys status as an equal opportunity employer by viewing the federal EEO is the Law poster.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.

U.S. Bancorp

Minneapolis, MN

U.S. Bancorp, a financial services holding company, provides various financial services in the United States. It operates in five segments: Corporate and Commercial Banking, Consumer and Business Banking, Wealth Management and Investment Services, Payment Services, and Treasury and Corporate Support. The company offers depository services, including checking accounts, savings accounts, and time certificate contracts; and lending services, such as traditional credit products, as well as credit card services, lease financing and import/export trade, asset-backed lending, agricultural finance, and other products. It also provides ancillary services comprising capital markets, treasury management, and receivable lock-box collection services to corporate customers; and a range of asset management and fiduciary services for individuals, estates, foundations, business corporations, and charitable organizations. In addition, the company offers investment and insurance products to its customers principally within its markets, as well as fund administration services to a range of mutual and other funds.

Further, it provides corporate and purchasing card, and corporate trust services; and merchant processing services, as well as cash and investment management, ATM processing, mortgage banking, and brokerage and leasing services.

The company offers its products and services through operating a network of 3,018 banking offices principally operating in the Midwest and West regions of the United States, as well as through online services and over mobile devices. It also operates a network of 4,681 ATMs. The company was founded in 1863 and is headquartered in Minneapolis, Minnesota.

  • Industry
    Banking/Financial Services
  • No. of Employees
    73, 333
  • Jobs Posted
    5608

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