Jobs and Careers

AVP, Associate Director of Credit, Collections, & Recovery

St. Cloud, MN, US, United Statesfull_timeVerifiedPosted 18 Jun 2026

💰 $180,000/yr($115,000/yr – $180,000/yr)

About the role

At Stearns Bank, we’re helping people, entrepreneurs, small businesses, and local communities nationwide reach their full financial potential. Sound like something you want to be a part of? If so, we’re currently looking for an AVP, Associate Director of EFD – Credit, Collections, & Recovery Specialty. This is a Connected Mobile Work Environment.

Come see how we’re doing business unusual and charting our own path to reimagine a more inclusive financial services and banking ecosystem for all.

BENEFITS

Stearns Bank understands and respects that everyone is managing unique career, family, and wellness needs. That’s why we offer industry-leading benefits to employees to help them live healthy lives and bring their full selves to work every day. Benefits may vary for part-time positions. Some of those benefits include:

Employee Stock Ownership Plan & 401k Plan
Healthcare (Medical, Dental, Vision, Telehealth, Life insurance)
12-week Paid Parental Leave and Medical Leave: With a cap of 20 weeks for eligible team members who qualify for both Medical and Parental Leave related to the birth of a child.
$5,000 Family Care Reimbursement: Childcare, Elder Care, Student Loan Debt, Pet expenses, Down Payment Assistance
PTO from 13 to 23 days depending on tenure. Cashout and Carryover options
10 Days Sick Time
11 Paid Holidays
4 Days Volunteer Time
2 Days Self Allowance Time
Tuition Assistance

For this position, we anticipate a salary range between $115,000 - $180,000.

Final employment offers will be dependent upon the selected candidate’s relevant qualifications and experience.

JOB SUMMARY

The Associate Director of EFD Credit, Collection & Recovery is responsible for leading, developing and strategically managing the Equipment Finance credit, collections, and recovery functions. This role requires advanced operational leadership, strong cross functional collaboration and partnership, and a very proactive approach to efficiency optimization, KPI-driven performance management, and critical thinking-based decision making. This position will require extensive communication with all business units within Equipment Finance Division (EFD) and other internal departments within Stearns Bank.

RESPONSIBILITIES

Leadership & Strategy

Provide discipline, vision, and oversight for EFD credit and accounts receivable (collections & recovery) functions, ensuring processes are standardized, controlled, transparent and responsive.
Lead the strategic direction and continuous efficiency improvements of our Equipment Finance credit, collections, & recovery functions, including frequent review of the Bank’s loan policy and underwriting standards and bringing forward recommended updates to executive leadership to ensure compliance with regulatory requirements and our Stearns Bank N.A. “Credit Strong” culture.
Build, measure and sustain accountability, urgency, precision, Gold Standard service, financial discipline, and process integrity within the EFD Credit and Accounts Receivable Teams.
Work with other departments to ensure all processes function seamlessly, setting and enforcing clear ownership, accountability, and performance expectations for the EFD Credit and Accounts Receivable teams and function.
Establish, manage, and report on EFD credit and accounts receivable performance metrics.
Provide high-impact strategic leadership and ensure team culture reflects accountability, communication, and performance excellence.

Workflow & Process Management

Identify & lead key projects, transformational initiatives and cross functional workstreams.
Establish key performance and key risk indicators to oversee and effectively monitor processes that determine effectiveness.
Partner with development teams to enhance processes with Salesforce, Aspire, .Net options etc. where needed.

Financial Budget Oversight