Collections Specialist (Dayton OH area)

Collections Specialist At Lendmark Financial Services, we believe the success of our company is specifically attributable to the quality of our employees and their commitment to our customers. We value each customer and understand that people want to do business with people who care. That's one way we differ from our competitors. We are proud of what we as a team have accomplished. We will always strive for improvement, our motto since day one has been "Success is the only option." Lendmark Financial Services offers a comprehensive benefits package for employees and dependents that includes medical, dental, vision benefits, paid time off, paid holidays, 401(k), life insurance, long-term disability, tuition assistance and an employee assistance program. We also offer optional benefits such as critical care, auto, home and pet insurance as well as other ancillary insurance options. The Collections Specialist is responsible for managing delinquent accounts through direct customer engagement, legal processes, and administrative follow-up. Major Duties/Responsibilities: Initiate and manage outbound collection calls to customers with past-due accounts. Conduct skip tracing to locate customers who are unresponsive or have moved without notice. Prepare and file legal documentation for repossessions, garnishments, and other legal remedies. Draft and send collection letters in accordance with company policy and regulatory guidelines. Maintain accurate and up-to-date records of all collection activities in the system of record. Collaborate with branch staff and legal teams to escalate accounts requiring legal recourse. Monitor and follow up on accounts in litigation or repossession status. Ensure compliance with all federal, state, and local laws governing debt collection practices (e.g., FDCPA). Provide exceptional customer service while negotiating payment arrangements. Basic Requirements: High school diploma or equivalent required. 5 years of experience in consumer finance collections or a related field. Familiarity with skip tracing tools and legal collection procedures. Strong organizational and documentation skills. Excellent verbal and written communication abilities. Proficiency in Microsoft Office and collection software systems. Ability to work independently and as part of a team in a branch environment. Preferred Qualifications: Bilingual (English/Spanish) is a plus. Associate or bachelor's degree preferred. Experience with auto loan or personal loan collections. Knowledge of repossession and legal filing processes. Compensation: The salary range for this position is $24/hr - $30/hr, based on the specific Knowledge, Skills, Abilities and Experience of the selected candidate. This position is eligible for Semi Annual Incentive compensation based on individual and company performance guidelines Working Conditions: Normal office conditions If you are interested in a fast paced, high growth, team oriented and great culture environment, you'll enjoy a career with us! Lendmark Financial Services