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Debt Collector

Search Solution Group
locationNew York, NY, USA
PublishedPublished: 6/14/2022
Full Time

Job Description

Job Description

The ideal candidate has experience in commercial collections, MCA servicing, small business collections, or high-volume B2B recovery environments. Candidates must be comfortable handling difficult conversations, negotiating payment solutions, and working in a fast-paced, metrics-driven environment.

Key Responsibilities

Collections & Account Management

  • Manage a portfolio of delinquent MCA and commercial funding accounts
  • Conduct high-volume outbound collection calls and email outreach
  • Contact business owners regarding past-due balances and payment obligations
  • Negotiate payment arrangements, settlements, and workout plans
  • Monitor payment activity and follow up on broken payment commitments
  • Maintain accurate and detailed collection notes within CRM and servicing systems

Client & Vendor Coordination

  • Communicate with funding companies regarding account status and recovery efforts
  • Coordinate with legal teams, attorneys, processors, and ACH providers when necessary
  • Submit accounts for escalation, litigation review, or judgment enforcement as appropriate
  • Work with brokers and merchants to resolve disputes and payment interruptions

Compliance & Documentation

  • Follow all company policies and applicable commercial collections regulations
  • Ensure proper documentation of all account activity and communication
  • Maintain confidentiality and professionalism in all merchant interactions
  • Support audit and reporting requests from management or clients

Reporting & Performance

  • Meet or exceed collection targets, call volume expectations, and recovery goals
  • Prepare account status updates and recovery reports
  • Identify trends related to defaults, chargebacks, or payment failures
  • Assist management with process improvement recommendations

Qualifications

  • 1+ years of collections experience required
  • MCA, commercial collections, B2B collections, or small business lending experience strongly preferred
  • Strong negotiation and conflict-resolution skills
  • Ability to manage difficult conversations professionally and confidently
  • Experience working in high-volume outbound call environments
  • Strong written and verbal communication skills
  • Detail-oriented with strong organizational and follow-up abilities
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