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Remote Bank Debt Collection Jobs in Iowa (NOW HIRING)

First American

Collections Specialist (remote)

Nevada, IA · Remote

$20.34 - $27.12/hr

Strong knowledge of state and federal Fair Debt Collection Laws, the U.S. Bankruptcy Code, and ... Pay Range: $20.34 - $27.12 Hourly, Remote This hiring range is a reasonable estimate of the base ...

First American

Collections Specialist (remote)

Nevada, IA · Remote

$20.34 - $27.12/hr

Strong knowledge of state and federal Fair Debt Collection Laws, the U.S. Bankruptcy Code, and ... Pay Range: $20.34 - $27.12 Hourly, Remote This hiring range is a reasonable estimate of the base ...

First American

Collections Specialist (remote)

Nevada, IA · Remote

$20.34 - $27.12/hr

Strong knowledge of state and federal Fair Debt Collection Laws, the U.S. Bankruptcy Code, and ... Pay Range: $20.34 - $27.12 Hourly, Remote This hiring range is a reasonable estimate of the base ...

First American

Collections Specialist

Nevada, IA · On-site +1

$20.34 - $27.12/hr

Strong knowledge of state and federal Fair Debt Collection Laws, the U.S. Bankruptcy Code, and ... Pay Range: $20.34 - $27.12 Hourly, Remote This hiring range is a reasonable estimate of the base ...

First American

Collections Specialist (rempte)

Nevada, IA · On-site +1

$20.34 - $27.12/hr

Strong knowledge of state and federal Fair Debt Collection Laws, the U.S. Bankruptcy Code, and ... Pay Range: $20.34 - $27.12 Hourly, Remote This hiring range is a reasonable estimate of the base ...

First American

Sr. Collections Specialist

Nevada, IA · Remote

$23.37 - $31.15/hr

What We Do Performs a variety of collection activities including collection calls, correspondence ... Provides financial counseling to discuss and resolve debt situation within established limits. What ...

New

Huntington

Financial Recovery Rep 2

Waterloo, IA · On-site +1

$57K - $113K/yr

Adheres to bank policies and procedures and complies with legal and regulatory requirements ... Remote roles will also have the opportunity to come together in our offices for moments that matter.

Huntington

Financial Recovery Rep 2

Waterloo, IA · On-site +1

$57K - $113K/yr

Adheres to bank policies and procedures and complies with legal and regulatory requirements ... Remote roles will also have the opportunity to come together in our offices for moments that matter.

All JobsBank Debt Collection JobsRemote Bank Debt Collection JobsRemote Bank Debt Collection Jobs in Iowa

Remote Bank Debt Collection information

What qualifications do I need to be a debt collector?

To be a remote bank debt collector, candidates typically need a high school diploma or equivalent, strong communication and negotiation skills, and familiarity with debt collection laws and regulations. Some employers may prefer prior experience in collections or customer service, and proficiency with computer systems and collection software is often required.

How can I make 2000 a week working from home?

A remote bank debt collection role can potentially pay $2000 or more per week, especially with experience, strong negotiation skills, and efficient use of collection software. Achieving this income may require working full-time hours, handling high-volume accounts, and meeting performance targets. Certifications in collections or finance can also enhance earning potential.

What is the difference between Remote Bank Debt Collection vs Remote Credit Analyst?

AspectRemote Bank Debt CollectionRemote Credit Analyst
Required CredentialsTypically requires collections or debt recovery experience, sometimes certifications in collectionsRequires financial analysis skills, often a degree in finance or related field, and certifications like CFA or credit analysis courses
Work EnvironmentPrimarily involves contacting debtors, negotiating payments, and managing overdue accounts remotelyFocuses on assessing creditworthiness, analyzing financial data, and making lending recommendations remotely
Employer & Industry UsageUsed by banks, financial institutions, and debt collection agenciesUsed by banks, lending companies, and financial institutions for risk assessment

While both roles operate remotely within the banking and finance industry, Remote Bank Debt Collection focuses on recovering overdue debts through communication and negotiation, whereas Remote Credit Analyst emphasizes evaluating credit risk and financial data to support lending decisions.

What are the key skills and qualifications needed to thrive as a Remote Bank Debt Collection Specialist, and why are they important?

To thrive as a Remote Bank Debt Collection Specialist, you need a solid understanding of financial regulations, debt collection practices, and customer account management, often supported by prior experience in collections or finance. Familiarity with collection software, CRM systems, and secure communication tools is typically required. Excellent negotiation, active listening, and resilience are crucial soft skills for building rapport and resolving sensitive payment issues. These abilities are essential to ensure compliance, maximize debt recovery, and maintain positive customer relationships in a remote environment.

How much money does a debt collector make?

A remote bank debt collector typically earns between $30,000 and $50,000 annually, with some positions offering bonuses or commissions based on recovery performance. Salaries can vary depending on experience, location, and the employer's size, and the role often requires strong communication skills and familiarity with debt collection software.

What is a Remote Bank Debt Collection job?

A Remote Bank Debt Collection job involves contacting individuals or businesses who owe money to a bank and working to recover the outstanding debt, all while working from a remote location such as home. Debt collectors communicate with debtors via phone, email, or online platforms to negotiate payment plans, explain account information, and ensure compliance with relevant laws. They must maintain accurate records of their interactions, follow strict privacy guidelines, and often use specialized software to track collections. This role requires strong communication, negotiation skills, and the ability to handle difficult conversations professionally.

What is the 7 7 7 rule for debt collectors?

The 7-7-7 rule in debt collection refers to a guideline where debt collectors are advised to wait 7 days after initial contact before sending a reminder, then wait another 7 days before making a second contact, and finally wait 7 more days before pursuing further action. For remote bank debt collection roles, understanding such regulations helps ensure compliance with fair debt collection practices and avoids harassment. Knowledge of the Fair Debt Collection Practices Act (FDCPA) is essential for collectors to operate ethically within these timeframes.

What are some common challenges faced by remote bank debt collectors, and how can they be overcome?

Remote bank debt collectors often face challenges such as difficulty establishing rapport with clients over the phone or digital channels, managing high call volumes, and navigating varying time zones. To overcome these challenges, it's important to develop strong communication and negotiation skills, maintain detailed records, and use technology tools provided by the employer to track interactions and schedule follow-ups efficiently. Additionally, staying organized and adhering to compliance guidelines can help ensure successful collections while maintaining professionalism and empathy.
What are popular job titles related to Remote Bank Debt Collection jobs in Iowa? For Remote Bank Debt Collection jobs in Iowa, the most frequently searched job titles are:
What job categories do people searching Remote Bank Debt Collection jobs in Iowa look for? The top searched job categories for Remote Bank Debt Collection jobs in Iowa are:
What cities in Iowa are hiring for Remote Bank Debt Collection jobs? Cities in Iowa with the most Remote Bank Debt Collection job openings:
Remote Bank Debt Collection jobs near you
Collections Specialist (remote)

Collections Specialist (remote)

First American

Nevada, IA • Remote

$20.34 - $27.12/hr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 27 days ago

Job description

Who We AreServiceMac is a new sub-servicing entity backed by some of the leading practitioners of the mortgage servicing industry. ServiceMac is focused on providing superior technology, products, and services for the mortgage and real estate industries backed by highly personalized service and support. Through continuous innovation and acquisition, our offerings comprise of personalized solutions that span the mortgage continuum and enhance security, compliance, customer satisfaction, and profitability. Our inclusive, people-first culture has earned our company numerous accolades, including being named to the Fortune 100 Best Companies to Work For list for eleven consecutive years. We have also earned awards as a best place to work for women, diversity and LGBTQ+ employees, and have been included on more than 50 regional best places to work lists. First American will always strive to be a great place to work, for all.What We DoPerforms a variety of collection activities including collection calls, correspondence, negotiating payment plans, and maintaining records of all communication. Provides customer service regarding collections issues, processes customer refunds, processes and reviews account adjustments, and resolves client discrepancies.
This level requires a solid understanding of functional tasks. Assistance may be required from more experienced team members. Resolves a wide range of calls and issues.

WHAT YOU'LL DO

  • Perform inbound and outbound collection calls across all stages of delinquency.
  • Research, identify, and resolve issues contributing to customer delinquency.
  • Maintain accurate and detailed records of all customer interactions and account activities.
  • Provide exceptional customer service by resolving complex account issues, discrepancies, and disputes.
  • Review accounts to ensure compliance with internal policies, investor requirements, and applicable regulatory standards.
  • Analyze borrower financials to determine appropriate payment arrangements or retention options.

WHAT YOU'LL BRING

Required Education, Experience, Certification/Licensure

  • High School diploma or equivalent.
  • Typically requires 1-3 years of mortgage service experience and highvolume collections experience.
  • Goaloriented with the ability to thrive in a fastpaced environment.
  • Strong verbal and written communication skills.
  • Ability to manage multiple priorities with strong attention to detail.
  • Call center experience preferred.

Knowledge, Skills, and Abilities (KSAs)

  • Knowledge of collections procedures and best practices.
  • Strong knowledge of state and federal Fair Debt Collection Laws, the U.S. Bankruptcy Code, and bankruptcy procedures/regulations.
  • Excellent customer service skills with the ability to manage conflict and negotiate successful outcomes.
  • Strong negotiation, active listening, and communication skills.
  • Ability to analyze and interpret moderate to highcomplexity issues and make sound decisions.
  • Strong problemsolving, timemanagement, and organizational skills.
  • Ability to thrive in a fastpaced, collaborative environment.
  • Strong attention to detail with the ability to meet goals and deadlines.
  • Ability to interact and communicate effectively with individuals at all levels of the organization.
Pay Range: $20.34 - $27.12 Hourly, RemoteThis hiring range is a reasonable estimate of the base pay range for this position at the time of posting. Pay is based on a number of factors which may include job-related knowledge, skills, experience, business requirements and geographic location.What We OfferBy choice, we don't simply accept individuality - we embrace it, we support it, and we thrive on it! Our People First culture is inclusive for all employees - not just because it's the right thing to do, but because it's the key to our success. We are proud to foster an authentic and inclusive workplace For All. You are free and encouraged to bring your entire, unique self to work. First American is an equal opportunity employer in every sense of the term.Based on eligibility, First American offers a comprehensive benefits package including medical, dental, vision, 401k, PTO/paid sick leave and other great benefits like an employee stock purchase plan.

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