Senior Collections Specialist II (Net Bad Debt) at Financial Pacific Leasing
Federal Way, WA 98001, USA -
Full Time


Start Date

Immediate

Expiry Date

03 Oct, 25

Salary

26.06

Posted On

05 Jul, 25

Experience

3 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Good communication skills

Industry

Financial Services

Description

At Financial Pacific Leasing, we cultivate an environment where our associates can thrive. Our commitment to supporting both our staff and customers is made possible by the dedication of our employees.We hold dear values such as Trust, Care, Innovation, Continuous Learning, Customer Focus, and being Result Oriented. We are enthusiastic about meeting candidates who embody these principles. We seek individuals who are results-driven, independent thinkers, collaborative workers, and aligned with our broader mission.Consider us your partners, because at Financial Pacific Leasing, we believe the best way forward is together.
About Us: Financial Pacific Leasing (A Subsidiary of Umpqua Bank) is a commercial equipment leasing company located in Federal Way, WA. Established in 1975, we are a leader in the leasing industry and we take pride in our employees. We strive to create a work environment that is rewarding, challenging and a fun experience. Qualified Applicants should enjoy working as a team and independently, possess strong communication skills and have experience in working with a fast paced, goal oriented environment. Excellent benefits and retirement package.
Job Purpose: In this role, you will be responsible for recovering losses and deficiencies by way of litigation, forbearance agreements and other alternatives, minimizing dollars being charged off in assigned caseload. Ensures correct action is taken on bankruptcies. Performs all other duties as assigned by management.

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Responsibilities
  • Meet and exceed company goals, particularly in Loss Prevention, in a professional and businesslike manner.
  • Communicate with lessees who are 90+ days delinquent via telephone, mail, personal contact, or other professional methods to collect monies owed to Financial Pacific.
  • Maintain complete and accurate collection notes in the system to ensure clarity for others regarding conversations and arrangements with lessees.
  • Keep monthly and year-to-date reports on individual results.
  • Possess knowledge of relevant legal, bankruptcy, and FCRA laws.
  • Attempt to negotiate settlements before recommending external actions (attorney or collections).
  • Evaluate guarantors’ financial condition before pursuing lawsuits to ensure collectability.
  • Thoroughly and accurately evaluate each assigned contract to maximize collection at minimal expense.
  • Understand the details of each contract, including status, guarantor, equipment location, and equipment values.
  • Provide the highest level of customer service to all lessees, vendors, brokers, and staff.
  • Maintain confidentiality of all company information.
  • Develop and maintain positive relationships with all Financial Pacific Company managers and staff.
  • Assist and support other staff as needed.
  • Ensure regular and predictable attendance and punctuality.
  • Perform all other duties as assigned by management.
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