Loss Mitigation Specialist

Momnt • Atlanta, GA

Company

Momnt

Location

Atlanta, GA

Type

Full Time

Job Description

Momnt is a fast-growing startup fintech company headquartered in Atlanta, GA with team members across the country. We are looking for a Loss Mitigation Specialist to assist our business with the recovery of outstanding payments from debtors.

As a Loss Mitigation Specialist, you will communicate with customers via telephone, negotiate payment plans with debtors, and enact payment plans that eliminate debt.

Location:

This position is located in Atlanta, GA. The team operates in a hybrid model with at least one day per week in our Atlanta Headquarters. Relocation is not available at this time. 

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Must be authorized to work in the U.S./Sponsorships are not available. Corp to Corp is not available.

As a Loss Mitigation Specialist, you will:

  • Collaborating on debt collection efforts with Accounts, Sales, and the Legal Department. 
  • Developing debt collection strategies and plans.
  • Adhering to the FDCPA throughout the debt collection process. 
  • Communicate with customers via calls and/or emails to collect past due invoices.
  • Searching publicly available databases to track down defaulters, including Credit Bureau information, background checks, loan documents, etc. 
  • Prevent repeated payment delinquency by negotiating manageable debt payments. 
  • Negotiating settlements to receive payment on a certain percentage of the debt. 
  • Keep records of all communications, payment plans agreed to, and amounts paid.
  • Handles extensive research requirements for more complex billing problems and inquiries and has extensive knowledge of the organization, products, or services, as well as advanced problem-solving skills
  • Accountable for reducing delinquency for assigned customer accounts.
  • Read disclosures verbatim each time they are needed
  • Performs other duties as assigned which are reasonably within the scope of the duties in this job classification

 You’d be a good fit if:

  • 2+ years of credit assistance/collections experience
  • Experience managing collections on past-due accounts.
  • Understanding of collections compliance
  • Must be a driven self-starter, a positive thinker, loyal and trustworthy.
  • Must have a commitment to exceptional customer service, including the ability to be empathetic and meet client needs
  • Flexibility, creativity, self-discipline, strong organizational skills, and action orientation are essential for this role.
  • Experience with Google Suite, Excel, Microsoft Suite, or something similar 
  • Proficiency with Skip Tracing sites and tools

Nice to have:

  • Inbound/Outbound call center experience
  • Banking/financial services experience
  • Loan experience 
  • Fluent in Spanish

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Date Posted

10/31/2024

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