Credit Recovery Specialist

Salary Range for Credit Recovery Specialist in Activities Related to Credit Intermediation

The salary range for a Credit Recovery Specialist in Activities Related to Credit Intermediation is typically between $40,000 and $80,000 per year.

Sample Job Description for Credit Recovery Specialist in Activities Related to Credit Intermediation Industry

Job Objective:

The Main Objective Of A Credit Recovery Specialist Is To Manage And Recover Delinquent Accounts For A Company That Provides Credit Intermediation. They Are Responsible For Developing And Implementing Strategies To Minimize Losses And Maximize Recoveries, While Maintaining Positive Relationships With Customers.

Job Requirements:

1. Bachelor'S Degree In Business Administration, Finance, Or Related Field. 2. Minimum Of 2 Years Of Experience In Credit Recovery Or Collections. 3. Strong Knowledge Of Credit And Collection Laws And Regulations. 4. Excellent Communication And Negotiation Skills. 5. Ability To Work Under Pressure And Meet Deadlines. 6. Strong Analytical And Problem-Solving Skills. 7. Proficient In Microsoft Office And Other Relevant Software. 8. Ability To Work Independently And In A Team. 9. Attention To Detail And Accuracy. 10. Ability To Maintain Confidentiality.

Job Responsibilities:

1. Develop And Implement Strategies To Recover Delinquent Accounts. 2. Monitor And Manage Delinquent Accounts To Minimize Losses And Maximize Recoveries. 3. Negotiate Payment Arrangements With Customers And Provide Payment Options. 4. Analyze And Interpret Credit Reports And Financial Statements. 5. Maintain Accurate And Up-To-Date Records Of Customer Accounts. 6. Maintain Positive Relationships With Customers And Provide Excellent Customer Service. 7. Work Closely With Other Departments To Resolve Customer Issues. 8. Provide Reports And Analysis To Management As Required. 9. Stay Up-To-Date With Credit And Collection Laws And Regulations. 10. Perform Other Duties As Assigned By Management.

Top 10 Employers for Credit Recovery Specialist in Activities Related to Credit Intermediation:

1. Wells Fargo - San Francisco, CA - https://www.wellsfargo.com/ 2. JPMorgan Chase - New York, NY - https://www.jpmorganchase.com/ 3. Bank of America - Charlotte, NC - https://www.bankofamerica.com/ 4. Capital One - McLean, VA - https://www.capitalone.com/ 5. American Express - New York, NY - https://www.americanexpress.com/ 6. Discover Financial Services - Riverwoods, IL - https://www.discover.com/ 7. Citigroup - New York, NY - https://www.citigroup.com/ 8. PNC Financial Services - Pittsburgh, PA - https://www.pnc.com/ 9. TD Bank - Cherry Hill, NJ - https://www.td.com/ 10. US Bank - Minneapolis, MN - https://www.usbank.com/

Career Path for Credit Recovery Specialist in Activities Related to Credit Intermediation:

1. High School Diploma or GED 2. Associate's Degree or Bachelor's Degree in Business Administration, Finance, or related field 3. Credit Analyst 4. Collections Specialist 5. Senior Collections Specialist 6. Credit Recovery Specialist (recommended 2-3 years in previous position)

Top 5 Countries by Credit Recovery Specialist in Activities Related to Credit Intermediation:

1. United States 2. Canada 3. United Kingdom 4. Australia 5. India

Top 5 Countries with Established Activities Related to Credit Intermediation:

1. United States 2. United Kingdom 3. Canada 4. Japan 5. Germany