Equipment Financing Portfolio Collections Mgr - Highland Capital, Washington Township, NJ

Equipment Financing Portfolio Collections Manager - Highland Capital, Washington Township, NJ

Apply for the Equipment Financing Portfolio Collections Manager role at Valley Bank.

Valley Bank has a long history of supporting growth in every industry. As a relationship bank built for growth, it focuses on people’s potential and fosters professional development for its associates.

The HCC Portfolio Collections Manager will manage collections and customer service teams and be directly responsible for collecting accounts 60+ days past due.

• Responsible for portfolio monitoring, particularly for accounts 60+ days past due, prioritizing calls and maintaining detailed activity notes.
• Providesvue guidance to collections and customer service teams in managing their duties.
• Interacts frequently with senior management regarding the status of problem loans.
• Reviews and analyzes account information to establish the best possible outcome (legal, restructuring).
• Negotiates settlements with customers or their counsel.
• Prepares daily and monthly delinquency reports.
• Participates in monthly portfolio review meetings highlighting key issues.

• Proficient সমঝে the legal process relating to the recovery of commercial loans.
• Ability to analyze credit reports, payment histories and personal records to determine payment potential.
• Strong research skills with skip‑tracing abilities.
• Understanding of equipment‑finance terminology and documentation.
• Ability to draft professional emails, letters, settlement agreements and other documentation.
• Capability to work independently and as part of a team.
• Professional and courteous demeanor.
• Detail‑ and service‑oriented.
• Strong communication, negotiation and follow‑up skills.
• Competence in preparing basic reports and business correspondence.
• Working knowledge of a PC/Windows environment and Microsoft Office; ability to learn new customized programs.

• Bachelor’s degree and at least five years of related work experience, including supervisory responsibilities and managing direct reports.

Mid‑Senior level

Full‑time

Accounting / Auditing and Finance