Senior Loan Collector, Lending, Retail Industry Senior Loan Collector, Lending, Retail Industry …

TCF Financial Corporation
in Clarendon Hills, IL, United States
Permanent, Full time
Be the first to apply
TCF Financial Corporation
in Clarendon Hills, IL, United States
Permanent, Full time
Be the first to apply
Senior Loan Collector, Lending, Retail Industry
Sr Loan Collector - Retail Lending

TCF Bank isseeking a dynamic Senior Loan Collector to join our Retail Collection team!

Competitive pay,a comprehensive benefits plan, and opportunities for career advancement makethis a career opportunity you won't want to miss.  Plus, we offer an inclusiveteam-oriented work environment with the support you need to succeed.  Joinour team and experience the difference!

Major Areas of Accountability
  • Communicates with customers verbally and in writing to negotiate repayment of past due loans. Through understanding of customers delinquency, determines appropriate strategies to obtain payment and that is equitable for TCF and our customers. 
  • Handles difficult customers and unusual situations independently
  • Maintain concise records of all accounts 
  • Keep well informed on the status of all delinquent accounts by setting up and maintaining an orderly and accurate tickler file, office filing, and record keeping system which facilitates the timely performance or collection responsibilities and prompt retrieval of information needed
  • Advises customers of their responsibility under the mortgage contract and counsels them regarding the budgeting of payments
  • Reviews and processes delinquent mortgage payments and insufficient funds checks
  • Handle extension and due date changes
  • Assists in the collection/recovery of account of other staff members during absences due to illness, vacation, etc. 
  • Prepares periodic reports on delinquent loans and collections activities as required 
  • Skip trace to locate good contact information for customers

Minimum Qualifications:
  • High school education or equivalent
  • Two or more years of prior collections work experience required
  • Current knowledge of corporate, investor, insurance company, foreclosure and government collection regulations
  • Ability to handle difficult customers and unusual situations independently
  • Demonstrated ability to listen and work with customers to accomplish workable solutions to default problems
  • Strong verbal and written communication skills; knowledge of and ability to use correct grammar, spelling and punctuation
  • Excellent negotiation skills
  • Ability to work independently; excellent organizational skills
  • Ability to type with accuracy and speed (35-40 wpm) plus working knowledge of Excel
Preferred Qualifications:
  • Post-secondary education at a business or vocational school
  • 3+ years experience working in a collections environment
  • Previous lending experience
Build your career with TCF

You have room to grow at TCF. Wepromote from within whenever possible. You can expand your career in thefinancial services industry through our network of operations: retail andcommercial banking, inventory and equipment financing, and corporate services.

Established in 1923, TCF hasmaintained a strong foundation.  TCF has over 340 branches in Minnesota,Illinois, Michigan, Colorado, Wisconsin, Arizona and South Dakota, providingretail and commercial banking services. TCF also conducts commercial leasing,indirect auto finance, and equipment finance business in all 50 states, andcommercial inventory finance business in all 50 states and Canada.

Build a better community with TCF

We are helping make life better inthe communities we serve, and we encourage our team members to do so as well.We offer free financial education for teens and adults. Our foundationcontributes more than $3 million annually, with preference for organizationswhere our team members volunteer. We match team members contributions toqualified organizations and we match volunteers with organizations that needthe time and talents our team members can provide.

Our Benefits

TCF encourages open employeecommunications and promotes from within whenever possible. 

We offer competitive pay, acomprehensive benefits plan, and opportunities for career advancement. For more details on our benefits, click on the Employee Benefits linkon our career page.

Were proud to be an equalopportunity employer

All qualified applicants will receiveconsideration for employment without regard to race, color, religion, gender,national origin, or other status protected by applicable law. TCF is proud tobe an affirmative action/equal opportunity employer.Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.


Primary Location: USA-Illinois-Burr Ridge-Us-Il-Burr Ridge- 800 Burr Ridge Parkway
Work Locations:
Organization: TCF Financial Corporation