At Stearns Bank, we’re helping people, entrepreneurs, small businesses, and local communities nationwide reach their full financial potential. Sound like something you want to be a part of? If so, we’re currently looking for a Collections Specialist I. This is a Connected Mobile Work Environment.
Come see how we’re doing business unusual and charting our own path to reimagine a more inclusive financial services and banking ecosystem for all.
BENEFITS
Stearns Bank understands and respects that everyone is managing unique career, family, and wellness needs. That’s why we offer industry-leading benefits to employees to help them live healthy lives and bring their full selves to work every day. Benefits may vary for part-time positions. Some of those benefits include:
Employee Stock Ownership Plan & 401k Plan
Healthcare (Medical, Dental, Vision, Telehealth, Life insurance)
12-week Paid Parental Leave and Medical Leave: With a cap of 20 weeks for eligible team members who qualify for both Medical and Parental Leave related to the birth of a child.
$5,000 Family Care Reimbursement: Childcare, Elder Care, Student Loan Debt, Pet expenses, Down Payment Assistance
PTO from 13 to 23 days depending on tenure. Cashout and Carryover options
10 Days Sick Time
11 Paid Holidays
4 Days Volunteer Time
2 Days Self Allowance Time
Tuition Assistance
For this position, we anticipate a salary range between $55,000 - $65,000. Final employment offers will be dependent upon the selected candidate’s relevant qualifications and experience.
JOB SUMMARY
The primary responsibilities of a collection specialist include collections on all delinquent accounts.
RESPONSIBILITIES
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Make outgoing calls on accounts that are currently past due.
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Prepare and send documents as needed on currently past due contracts.
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Work at a rapid pace to ensure a good number of calls are made while securing payments.
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Demonstrates solid use of phone skills and the ability to collect on all dollar amounts.
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Continues to work with the customer on all related questions concerning the account status.
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Work with all departments to obtain useful and valuable information to work out the best solution to obtain payments.
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Skip trace on accounts using in-house documents, directory assistance, Internet, etc.
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Accelerate accounts when necessary. Keeps proper documentation on all accelerations.
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Keeps manager informed on problem accounts.
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Work with our legal department and potential external attorneys on contracts that need legal action.
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Loss prevention and security as applicable for this position.
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Performs all other work duties as assigned.
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Maintain a working knowledge of all legal and regulatory compliance issues as they pertain to this position.
REQUIREMENTS
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Occasionally lift and/or move up to 10 lbs.
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Ability to sit for extended periods of time, twist, bend, sit, walk use hands to twist, handle or feel objects, tools, or controls, such as computer mouse, computer keyboard, calculator, stapler, telephone, staple puller, etc., reach with hands and arms, balance, stoop, kneel, talk, or hear.
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Specific vision abilities required by the job include close vision, distance vision, peripheral vision, depth perception and the ability to adjust focus.
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Maintain working knowledge of office tools (copier, mail machine, etc.) needed to support office staff.
QUALIFICATIONS
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Associate degree (A.A.) or equivalent from a two-year college or technical school; or two years related experience and/or training; or equivalent combination of education and experience.
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Excellent communication and interpersonal skills.
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Working knowledge of Microsoft Excel, Word and ten key skills are required.
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Flexible.
THE COMPANY
Founded in 1912, Stearns Financial Services Inc. (SFSI) is a $3.2 billion, independently owned financial institution with locations in Minnesota, Florida and Arizona, and over 35,000 small business customers nationwide. Specializing in affordable housing financing, USDA and SBA lending, and small business and equipment financing, Stearns Bank is regularly recognized as one of the country’s top-performing banks and “Best Banks to Work For” by American Banker.
As a Star Tribune Top Workplaces award recipient and an award recipient of the Minnesota Business Magazine 100 Best Places to Work in Minnesota, Stearns takes pride in their team and holds their employees in extremely high regard. We offer a competitive salary and benefit package including our Employee Stock Ownership Program-one of the best long-term incentive programs in the nation. To learn more about Stearns Bank, visit www.StearnsBank.com
EQUAL OPPORTUNITY EMPLOYER /AFFIRMATIVE ACTION PLAN
We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, or creed, religion, sex, marital status, familial status, sexual orientation, national origin, age, disability, veteran’s status, status with regard to public assistance, or any other class protected by Federal, State, local laws governing nondiscrimination in employment.
