POSITION TITLE: Collection Team Lead - Collections
REPORTS TO: Director of Collections
SUPERVISES: Assigned Staff
POSTION SUMMARY:
As the Collection Team Lead, you will be responsible for actively making collection calls, coaching team members, reviewing quality assurance, and spending 80% of your time on the phones to maximize debt recovery. Your role will involve hands-on involvement in the collection process, implementing strategies, and maintaining positive relationships with clients. The ideal candidate should possess excellent leadership skills and a proven track record in debt collection.
RESPONSIBILITES:
- Actively make collection calls to debtors, negotiating payment arrangements, and resolving outstanding debts while maintaining professionalism and adherence to legal and ethical standards.
- Lead by example and spend 80% of your time on the phones, actively engaging in the collection process to drive results.
- Coach and mentor collection team members, providing guidance, feedback, and support to improve their performance and achieve collection targets.
- Review quality assurance measures to ensure compliance with company policies, industry regulations, and best practices in debt collection.
- Assist with Onboarding, training, and developing new employees.
- Fulfill request for managing promotional offers used in collections.
- Handle escalated collection cases, including those involving high-value accounts or complex situations, and maintain professionalism and composure during challenging interactions.
- Foster a positive and motivating work environment, promoting teamwork, open communication, and a customer-centric approach within the collection team.
SKILLS REQUIRED:
· A minimum of 3-5 years of experience in collections or a related field
· Experience in a supervisory or leadership role
· Strong communication and interpersonal skills
· Ability to work effectively in a team environment
· Proficiency with Microsoft Office and other relevant software
· Knowledge of collection laws and regulations
· Excellent problem-solving skills
· Ability to work under pressure and meet deadlines
· Strong organizational and time management skills