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Sr. Collections Specialist

Date Posted: May 17, 2026
Yearly: USD - USD

Job Detail

  • location_on
    Location New Bedford, Massachusetts, United States of America
  • desktop_windows
    Job Type: Permanent
  • schedule
    Shift:
  • analytics
    Career Level:
  • group
    Positions:
  • calendar_view_day
    Experience:
  • male
    Gender: No Preference
  • school
    Degree:
  • calendar_month
    Apply Before: Jun 17, 2026

Job Description

Overview

The Sr. Collections Specialist at North Easton Savings Bank plays a crucial role in managing the collection of delinquent Residential, Consumer, and Commercial loans. This position ensures compliance with various lending regulations while actively engaging with customers to resolve their delinquencies and recommending solutions such as loan modifications or repossession actions. The role requires a strong background in collections while balancing compliance and customer communication effectively.

Key responsibilities

  • Perform collection activities on residential and consumer loans in compliance with regulations
  • Contact customers regarding delinquent accounts via phone, letters, and personal visits
  • Review delinquent accounts and ensure payment accuracy
  • Coordinate legal actions with attorneys under the guidance of the Collections Manager
  • Recommend and negotiate loan modifications and other loss mitigation solutions
  • Monitor and manage accounts with customers in bankruptcy
  • Process inquiries regarding credit reporting and ensure compliance
  • Assist with delinquency and collection area reports for management
  • Utilize collection platform to improve monitoring and reporting efficiency
  • Participate in quarterly reviews of delinquent tax meetings

Required skills

  • Strong knowledge of Fannie Mae, Freddie Mac, SBA, or PMI servicing default guidelines
  • 5+ years relevant experience within a financial institution
  • Excellent verbal and written communication skills
  • Problem solving and negotiation skills
  • Attention to detail and ability to meet deadlines
  • Bilingual ability is a plus

What the company offers

Not specified in the original listing.

Skills Required

Company Overview

Massachusetts, United States of America

North Easton Savings Bank is dedicated to investing in local communities and improving the quality of life in the areas they serve. Recognized as a Top Place to Work, they focus on growth and innovation while providing essential banking services. The... Read More

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