Essential Federal Credit Union
  • 26-Jan-2018 to 26-Feb-2018 (MST)
  • Towne Center
  • Baton Rouge, LA, USA
  • Full Time

Employees are eligible for benefits the 1st of the month following 60 days of employment.


Collects on all loan accounts, past due visas, collects on overdrawn accounts, helps aid in the repossession of vehicles, suits to attorney, file citations in Small Claims court and file bankruptcy proof of claims.



  • Contacts members regarding delinquent loans, pending late payment reminders, delinquent visa accounts, and negative share accounts.
  • Ensures regular communication is maintained with members and vendors regarding past due loans and any outside representatives that assist in the Collection Departments daily activities.
  • Responsible for making follow-up telephone calls on all vendors ensuring all work is maintained regarding repos and foreclosures.
  • Document the account information using the collection system.
  • Secure and process payments thru ACH or share transfer and securing all financial transactions between the credit union and the vendors that are used by the credit union.
  • Works with vendors and attorneys involved in processing accounts for suit
  • Process bankruptcies, death claims and insurance claims on outstanding loans including all CUNA refunds to members.
  • Process and prepare documentation necessary for repossession.
  • Assist in preparing monthly lending and collections statistical reports.
  • Coordinate and maintain all repossessed collateral to ensure all are picked up, stored, inspected, valued, and sold according to the Credit Union's collection policy.
  • Makes recommendations to manager of risk management accounts to be charged off
  • Collects on Charged off accounts and make recommendations to manager of risk management accounts to be retired as uncollectable or send to C U Recovery
  • Maintains exceptional member service standards.
  • Knowledge of Bank Secrecy Act.
  • Responsible for maintaining written procedures for position.
  • Ensures Regulatory procedures are followed in accordance with Federal and State Regulations and updated as necessary.
  • Process all cancelations and post funds for Indirect & Direct gap, mechanical warranties, and extended warranties on a monthly basis.
  • Each month pull late notices from FICS and mail notices.
  • Mails deficiency letters to members once the unit is sold and all warranties have been cancelled.
  • Request all titles and ensure proper paper work is prepared for selling of all DLAFCU autos, boats, and recreational property.
  • Other projects as may be assigned.




  • High School Diploma
  • Three (3) years previous collection experience to include collecting seriously delinquent accounts.
  • Ideal candidates will have collecting experience in a financial institution setting.
  • Knowledge of laws and regulations pertaining to collection of debt.
  • Knowledge of reading credit reports
Essential Federal Credit Union
  • Apply Now

  • * Fields Are Required

    What is your full name?

    How can we contact you?

  • Sign Up For Job Alerts!

  • Share this Page