Consumer Loan Collection/Recovery Manager jobs in Connecticut

Consumer Loan Collection/Recovery Manager manages a group of collection/recovery supervisors and develops collection strategies to minimize "bad debt" portfolio loss. Responsible for initial and ongoing training for all subordinate personnel. Being a Consumer Loan Collection/Recovery Manager requires a bachelor's degree. Typically reports to a top management. The Consumer Loan Collection/Recovery Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be a Consumer Loan Collection/Recovery Manager typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)

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Manager Trainee - Farmington
  • Tower Loan
  • Farmington, CT FULL_TIME
  • Manager Development Program

    At Tower Loan, we believe in developing leaders. In 10-12 months, our full-time Manager Development Program will give you the knowledge, skills, and abilities to effectively provide an essential service for customers and become a leader in consumer finance.

    No previous experience is required - we will help you grow your career.

    If you want to work for a company that cares about your career as much as you do, then apply with Tower Loan.

    About Us

    Tower Loan, one of America’s largest privately owned Consumer Finance companies, has been lending money to our customers for personal loans, home equity loans, and retail sales financing for over 80 years. To learn more about Tower Lower, visit https://bit.ly/3cIWAkt.

    Compensation: Earnings are based on a 45-hour workweek

    • During Training: $38,285 / year (Avg. Annual Earnings) uncapped bonus
    • After Training: $60k - $80k / year (Avg. Annual Earnings and bonus)

    $4,000 Sign-On Bonus Breakdown:

    • After 1 month: $1,000
    • After 3 months: $1,000
    • After 6 months: $1,000
    • After 9 months: $1,000

    Benefits & Advantages

    • Skill development & growth opportunities
    • Complete position-based training program
    • Coaching and mentorship
    • Strong hire-from-within policy
    • Competitive salary & unlimited earning potential
    • Comprehensive benefit package
    • Awards, recognition, & appreciation

    Work Hours

    • The work day begins at 8:15 am; Monday – Friday
    • Overtime and working Saturdays is required based on operational needs
    • As an MT, you will work an average of 45 hours every week
    • Extended office hours can vary based on the size of the branch

    Job Responsibilities

    • Become proficient in customer service, sales and marketing, finance, and operations
    • Develop long-term customer relationships by listening to customer needs and recommending the best service via phone and in-person
    • Promote additional products to best serve new and existing customers
    • Contact customers regarding payment reminders and arrangements
    • Assist the Branch Manager to exceed established branch goals
    • Learn and provide support in management responsibility duties such as delegating employee workload and analyzing loan documents
    • Become proficient in all aspects of management such as recruitment, staff development, performance management, and leadership

    Required Qualifications

    • High School degree or equivalent certification
    • Must have a valid driver’s license and reliable vehicle
    • Willingness to relocate upon promotion into management; your preference of relocation is considered, but not guaranteed. (Branch locations: MS, AL, LA, IL, MO, & TX)
    • Employment is contingent upon the successful completion of a background check, drug screening, and credit check.

    #INDTarget
  • 10 Days Ago

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Residential & Consumer Loan Closer
  • Webster Bank
  • Southington, CT FULL_TIME
  • If you’re looking for a meaningful career, you’ll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, business...
  • 10 Days Ago

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Consumer Loan Underwriter
  • Coreplus Federal Credit Union
  • Norwich, CT FULL_TIME
  • DescriptionJob Title: Consumer Loan Underwriter Department: Consumer LendingReports To: Director, Consumer LendingFLSA Status: Non-exemptPrepared Date: December 4, 2023Grade: 8 ($20.57-$25.72-$30.86)L...
  • 2 Months Ago

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Sr. Residential & Consumer Loan Closer
  • Webster Bank
  • Southington, CT FULL_TIME
  • If you’re looking for a meaningful career, you’ll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, business...
  • 10 Days Ago

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Loan Servicing- Loan Servicing Manager
  • Chelsea Groton Bank
  • London, CT FULL_TIME
  • Loan Servicing Manager (E4)Chelsea Groton is looking to hire a motivated and dynamic individual for our Loan Servicing Department. The ideal candidate will have an entrepreneurial spirit and be a moti...
  • 5 Days Ago

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Loan Servicing- Loan Servicing Manager
  • Chelsea Groton Bank
  • Groton, CT FULL_TIME
  • Loan Servicing Manager (E4)Chelsea Groton is looking to hire a motivated and dynamic individual for our Loan Servicing Department. The ideal candidate will have an entrepreneurial spirit and be a moti...
  • 2 Months Ago

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Collections Manager
  • Cypress HCM
  • Mason, OH
  • Responsibilities: Lead and oversee a proficient team of collectors and customer service representatives to attain collec...
  • 6/11/2024 12:00:00 AM

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Collections Manager
  • Complex Community Federal Credit Union
  • Odessa, TX
  • This position will require work onsite at our Odessa, TX headquarters. We're looking for an extraordinary person with a ...
  • 6/10/2024 12:00:00 AM

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Collections Manager
  • Craft Recruiting
  • Great Neck, NY
  • We are innovators and problem-solvers committed to reshaping the small business finance industry. Founded on the belief ...
  • 6/10/2024 12:00:00 AM

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Collections Manager
  • Grayson Search Partners
  • Carol Stream, IL
  • Seeking a Collections Manager. The collections Mangager is a key member of our management team by facilitating effective...
  • 6/9/2024 12:00:00 AM

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Collections Manager
  • Crowell & Moring
  • New York, NY
  • Job Description Crowell & Moring LLP is an international law firm with offices in the United States, Europe, MENA, and A...
  • 6/9/2024 12:00:00 AM

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Collections Manager
  • Forge Search
  • We are partnering with a rapidly growing, privately held company here in Greenville, SC looking to hire a Collections Ma...
  • 6/7/2024 12:00:00 AM

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Collections Manager
  • MATHESON
  • Irving, TX
  • Collections Manager will be responsible for all aspects of credit and collections policy and procedures adherence for th...
  • 6/7/2024 12:00:00 AM

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Collection Manager
  • Leidos
  • Charlottesville, VA
  • Description The National Security Sector within Leidos is seeking a Collection Manager to support our customer and work ...
  • 4/9/2024 12:00:00 AM

Connecticut is bordered on the south by Long Island Sound, on the west by New York, on the north by Massachusetts, and on the east by Rhode Island. The state capital and fourth largest city is Hartford, and other major cities and towns (by population) include Bridgeport, New Haven, Stamford, Waterbury, Norwalk, Danbury, New Britain, Greenwich, and Bristol. Connecticut is slightly larger than the country of Montenegro. There are 169 incorporated towns in Connecticut.The highest peak in Connecticut is Bear Mountain in Salisbury in the northwest corner of the state. The highest point is just east...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Consumer Loan Collection/Recovery Manager jobs
$94,132 to $140,245

Consumer Loan Collection/Recovery Manager in Brockton, MA
The consumer loan collection recovery manager job description also includes that the collection recovery manager is responsible for the training of any subordinate employees (both initial and ongoing) and is responsible for any losses these personnel make.
February 20, 2020
Consumer Loan Collection/Recovery Manager in High Point, NC
The consumers targeted did not actually owe the debt being collected.
February 22, 2020
Consumer Loan Collection/Recovery Manager in Boulder, CO
DFI has received complaints from Washington consumers who received threatening emails from entities claiming to be “Ace Cash Services” and “Ace Cash.” It appears that this activity is a loan collection scam.
December 31, 2019