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Company: Valley Bank
Location: Township of Washington, NJ
Career Level: Entry Level
Industries: Banking, Insurance, Financial Services

Description

Responsibilities include but are not limited to:

  • Responsible for portfolio monitoring in general and accounts 60+ Days Past Due specifically - prioritizing calls, maintaining notes and activities in Dollars to ensure delinquency objectives are understood and achieved.
  • Provides guidance to Collections and Customer Service teams in managing their respective duties.
  • Has frequent interaction with senior management regarding the status of problem loans.
  • Provide thoughtful review and analysis of account information to establish the best possible outcome (Legal, restructure).
  • Negotiate settlements with customers and/or their counsel.
  • Preparation of daily/monthly delinquency reports.
  • Participate in monthly Portfolio Review Meetings highlighting key issues.


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