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Equipment Financing Portfolio Collections Mgr - Highland Capital, Washington Township, NJ

Valley National Bank
Twp of Washington, NJ, United States, United Statesfull_timeVerifiedPosted 8 Jan 2026

About the role

Responsibilities include but are not limited to:
  • Responsible for portfolio monitoring in general and accounts 60+ Days Past Due specifically - prioritizing calls, maintaining notes and activities in Dollars to ensure delinquency objectives are understood and achieved.
  • Provides guidance to Collections and Customer Service teams in managing their respective duties.
  • Has frequent interaction with senior management regarding the status of problem loans.
  • Provide thoughtful review and analysis of account information to establish the best possible outcome (Legal, restructure).
  • Negotiate settlements with customers and/or their counsel.
  • Preparation of daily/monthly delinquency reports.
  • Participate in monthly Portfolio Review Meetings highlighting key issues.
Qualifications Required Skills:
  • Proficient understanding of the legal process relating to the recovery of commercial loans.
  • Ability to analyze credit reports (business and consumer), payment histories and personal records to determine potential to pay.
  • Strong researcher with skip tracing abilities.
  • Understanding of equipment finance terminology and documentation.
  • Ability to draft professional emails, letters, settlement agreements and other documentation, as may be required.
  • Capacity to work independently and as a team.
  • Present yourself in a courteous and professional manner.
  • Must be detail and service oriented.
  • Strong communication, negotiation and follow-up skills.
  • Ability to prepare/write basic reports and business correspondence.
  • Should have working knowledge of PC/Windows environment. Knowledge of Microsoft Office programs is helpful. Able to learn new and customized computer programs.
Required Experience:
  • Bachelor's degree and 5 years of related work experience together with supervisory responsibilities that include managing direct reports.

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Company

Valley National Bank

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