Director of Collections
Phenix City, AL
We’re Hiring: Director of Collections
Location: Albany, Georgia or Phenix City, Alabama
Salary: $50,000 – $55,000 annually + Incentive Opportunities
Why Join Us
- At Bridgeway Credit Union, we’re more than just a financial institution, we’re a community. We believe in empowering our members, supporting our team, and investing in innovation. As our Director of Collections, you’ll lead a dedicated team, drive effective collection strategies, and play a key role in helping our members and our organization thrive.
What You’ll Do
- Lead, inspire, and motivate a high-performing collections team.
- Oversee the credit union’s entire loan portfolio collections with strategic precision.
- Develop and implement innovative collection strategies to maximize revenue and minimize risk.
- Build and maintain policies and procedures covering collections, charge-offs, repossessions, and bankruptcies.
- Serve as a trusted liaison between the credit union and our members, delivering exceptional service every step of the way.
- Negotiate settlement agreements and establish payment plans that support member success.
- Analyze reports, identify trends, and recommend solutions to improve performance.
- Ensure compliance with all laws, regulations, and credit reporting standards.
- Skip trace, recover charged-off loans, and manage accounts with confidence.
- Collaborate with leadership to support the credit union’s mission, vision, and core values.
What You Bring
- Strong leadership skills with the ability to inspire and empower others.
- Solid understanding of legislative and regulatory processes related to collections.
- Excellent communication and negotiation abilities.
- Knowledge of banking operations, compliance regulations, and credit union products and services.
- A knack for problem-solving, analytical thinking, and balancing multiple priorities.
- Experience leading collections or financial operations teams preferred.
What We Offer
- Competitive pay: $50,000-$55,000 annually plus incentives.
- Supportive, team-oriented culture focused on growth and innovation.
- Opportunities to shape policies and make a lasting impact.
- Comprehensive benefits package (medical, dental, vision, retirement, etc.).
- Ongoing professional development and leadership opportunities.