PEAC Solutions - Mount Laurel, NJ
posted 4 days ago
About the position
PEAC Solutions provides equipment financing and capital lending solutions to keep businesses thriving. We are the world's largest independent equipment leasing company. As we continue to expand our global footprint and market share, we are looking for individuals who want to be a part of this successful journey. At PEAC, we work together to make a lasting impact on our customers, our partners and each other. With a group this passionate, our successes come with plenty of reward and celebration. And in our collaborative team environment, everyone has an impactful voice. If you are interested in becoming part of our team and possess the skills and competencies for this role, please apply at https://careers.peacsolutions.com.
Responsibilities
- Collecting on and managing a portfolio of 91+ delinquent accounts.
- Monetizing equipment and locating assets for the purposes of sales to offset losses.
- Achieving delinquency and loss goals.
- Involved with early-stage repossessions, equipment sales, remarketing, valuations, and working with Asset management.
- Partnering with business and sales leaders to define business problems related to collections issues and minimizing losses.
- Serving as key resource and Subject Matter Expert (SME) for all collection items related to late-stage collections.
- Managing assigned portfolio and loss metrics and internal SLA's to budgeted levels.
- Assisting VP of Collections with management of potential Late-Stage charge-off population.
- Providing timely and proactive forecasting and delinquency review to the VP.
- Identifying new Late-Stage contact development strategies and efficiencies.
- Collaborating with Credit, Sales, Operations on implementation of strategy and treatment programs.
- Participating in monthly Loss Mitigation Meetings and Suspicious Activity reviews with Credit.
- Monitoring portfolio, prioritizing calls, updating leadership on relevant developments, and ensuring productivity matches goals.
- Ensuring individual Delinquency objectives are understood and all activity is aligned to achieve corporate goals.
Requirements
- Bachelor's degree in business/finance or equivalent preferred.
- Minimum of 5+ years of financial services collections experience with 3 or more as a late-stage agent specializing in equipment repossessions, remarketing, asset valuations, and asset sales.
- High-volume B to B collection environment exposure focusing on monetizing equipment, getting customers current, creating payment plans, and skip tracking.
- Understanding of equipment leasing terminology and documentation.
- Strong proficiency in Tableau, Salesforce, Infolease, and advanced skills in MS Office, especially PowerPoint and Excel.
- Customer service orientation and ability to build a customer service-oriented culture within the late-stage team.
- Creative thinker and contributor to developing and deploying collections strategies.
- Excellent analysis skills to review metrics, results, and recommend changes.
- Strong prioritization and execution skills.
- Process improvement skills using process improvement tools and methodologies.
- Technical aptitude with strong problem-solving and decision-making skills.
- Highly organized and meticulous with the ability to multi-task.
- Strong written and verbal communication and people skills.
Benefits
- Medical insurance
- Dental insurance
- Vision insurance
- Life insurance
- Short and long-term disability
- 401(k) with match
- Flexible spending
- Paid time off
- One paid day off per year for community involvement
- Birthday off
