CIT Group Inc.

  • Collection Specialist III

    Location US-NH-Portsmouth
    Job ID
    31113
    # Positions
    1
    Job Family
    Operations - Collections
    Type
    Full-Time
  • Overview

    Founded in 1908, CIT (NYSE: CIT) is a financial holding company with approximately $50 billion in assets as of Dec. 31, 2017. Its principal bank subsidiary, CIT Bank, N.A., (Member FDIC, Equal Housing Lender) has approximately $30 billion of deposits and more than $40 billion of assets. CIT provides financing, leasing, and advisory services principally to middle-market companies and small businesses across a wide variety of industries. It also offers products and services to consumers through its Internet bank franchise and a network of retail branches in Southern California, operating as OneWest Bank, a division of CIT Bank, N.A. For more information, visit cit.com.

    Responsibilities

    As a Collections Specialist III, you will assist the mid & late stage delinquency team to collect on past due contracts. You will interact with clients who have financed equipment or executed a working capital loan for his/her business with CIT. During any stage of the contracts life cycle, it may be required we speak with our clients to ensure payment. We believe there is always a positive and professional way in which to make contact and accomplish the job.

    Qualifications

    • Inbound / outbound collection calls
    • Update database
    • Research customer claims
    • Escalate problem accounts to management
    • Reconcile receivable reports
    • Advanced Skip trace
    • Advanced Knowledge of lease contracts
    • Utilize site inspectors
    • Understanding of End of Lease Function
    • Understanding of write off process and repossession process
    • Special projects as assigned by management
    • Knowledge of Word and Excel
    • Problem solving and analytical skills required
    • Strong understanding of internet and various data resource services
    • Ability to multitask essential
    • Able to manage confrontation
    • Persistence
    • Strong communicator written and verbal
    • Relationship building

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