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Equipment Finance Collections Manager

AT First Citizens Bank
First Citizens Bank

Equipment Finance Collections Manager

Jacksonville, FL

Overview

This position manages a collections team within First Citizens Bank's Equipment Finance division. Works closely with senior management to ensure servicing performance and operational strategies are aligned. Recognizes operational improvement opportunities and suggests identified solutions. Provides on-going support, feedback, and coaching for direct reports and conducts mid-cycle and year-end performance discussions and reviews with direct reports.

Responsibilities

Operations Oversight - Leads collection team(s) and provides guidance to supervisors and seniors. Monitors and measures Key Performance Indicators, Service Level Agreements, and work volume to develop standards, improvements, or changes to workflows and resource allocation. Participates in staff resourcing and capacity planning along with decision-making. Monitors Customer Complaint Case Management to resolve account or service issues. Guides the team on determining the root cause; selecting and explaining the best solution; expediting correction or adjustment; following up to ensure timely resolution and to provide the best customer experience.

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Managerial Functions - Assesses daily work for accuracy, process improvements, and efficiencies. Maintains detailed documentation on associate performance and supervisory actions. Manages the performance of assigned staff, including coaching, mentorship, training, and staff evaluations. Maximizes department achievements by providing professional development.

Business Support - Supports the development of internal procedures, policies, and work processes to achieve operational goals. Maintains a strong knowledge of Equipment Finance Business and Operations including policies and procedures, risk and controls and collection programs. Interfaces with other departments in the organization to execute business strategies and to ensure the collections teams are prepared to support business needs. Involved in Initiatives and establishes strong working relationships with Sales, Originations, Technology and Finance departments to find best solutions and anticipate customer needs. Proactively seeks ways to optimize performance by seeking coaching, supporting Bank initiatives, and leveraging tools to enhance efficiency.

Qualifications

Bachelor's Degree and 4 years of experience in Leadership, Portfolio Analysis, Collections

- OR -

High School Diploma or GED and 8 years of experience in Leadership, Portfolio Analysis, Collections

Additional Requirements:

Advanced knowledge of Microsoft Suite and Operating Systems

Advanced Collections experience

Advanced written and verbal communication skills

Preferred Qualifications:

Proven people management skills

Commercial Banking experience

Equipment Finance industry experience

Large Financial Institution experience

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.

Client-provided location(s): Jacksonville, FL, USA
Job ID: FCB-27130-en-us
Employment Type: Other

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • FSA
    • HSA
    • HSA With Employer Contribution
    • Fitness Subsidies
    • Mental Health Benefits
    • Virtual Fitness Classes
  • Parental Benefits

    • Family Support Resources
    • Non-Birth Parent or Paternity Leave
    • Birth Parent or Maternity Leave
    • Adoption Leave
    • Fertility Benefits
  • Office Life and Perks

    • Commuter Benefits Program
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Volunteer Time Off
    • Leave of Absence
  • Financial and Retirement

    • 401(K)
    • 401(K) With Company Matching
    • Financial Counseling
    • Profit Sharing
  • Professional Development

    • Access to Online Courses
    • Internship Program
    • Leadership Training Program
    • Promote From Within
  • Diversity and Inclusion

    • Diversity, Equity, and Inclusion Program
    • Employee Resource Groups (ERG)

Company Videos

Hear directly from employees about what it is like to work at First Citizens Bank.