Late Stage Collection Specialist

WSFS Bank • Philadelphia, PA • 1h ago

Job Description NewLane Finance Company ("NewLane") is a commercial equipment finance company, serving small and mid-size businesses nationwide. Our mantra is "Business Lending Done Right". Our strategy is to revolutionize small business lending by employing the latest technology and a motivated workforce to deliver fair and transparent financing solutions to businesses with unmatched levels of speed, convenience, and customer service. Our products and services are offered to businesses primarily through financing programs with equipment manufacturers, distributors, and dealers. NewLane is a subsidiary of WSFS Bank, a $20+ billion financial organization. NewLane is seeking an experienced Late-Stage Collections Specialist with strong skills in, but not limited to, ability to achieve targeted delinquency goals, effective communication, problem solving, attentiveness, and personal time management. The qualified candidate must possess an energetic, courteous, and professional demeanor. This position will be reporting to NewLane's Collections Manager. NewLane's Values: Integrity Passion Teamwork Commitment to ExcellenceThe primary goal of NewLane's Collections Team is to maximize the recovery of outstanding balances with diligence, consistency and integrity while supporting organizational goals and fostering collaboration within our team and company all while keeping delinquency and losses within plan. This is a hybrid position working in our Philadelphia office 3 days a week (Tuesday-Thursday) with 2 days a week remote. Responsibilities Reporting to the Collections Manager, the Late-Stage role is responsible for collecting and managing a portfolio of 31+ delinquent accounts. The qualified candidate will be accountable for achieving their monthly and quarterly individual and team delinquency and loss goals. The qualified candidate will be involved with charge-offs, settlements, early-stage repossession, working with Asset management and our Legal Department. This role requires self-motivated individual with a hands-on and create problem solving skills. Manage assigned portfolio to department delinquency and loss goals which are aligned with NewLane's financial budget. Responsible for actively monitoring their individual assigned queue, prioritizing calls, updating leadership on relevant developments, and ensuring productivity matches goals. Ensure individual delinquency and loss goals are understood, and all activity is aligned to achi To view the full job description please use the link below. https://www.aplitrak.com/?adid=YmJnZW5lcmljLjA2MTk3LjEwODY1QHdzZnNiYW5rY29tcC5hcGxpdHJhay5jb20

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