Loan Repayment Specialist

Job Locations US-TX-Frisco
ID 2024-1148
Category
Operations
Type
Regular Full-Time

Overview

Meritize is an education lender that uses an individual’s academic history, military background, and work experience to enhance credit evaluation and expand funding for skills-based education. The company’s proprietary merit-based lending program goes beyond traditional underwriting to leverage individual academic and experiential data, resulting in increased access to educational funding and improved outcomes. The Meritize platform promotes the growth and development of skills-based careers on behalf of students, educators and employers through innovative funding solutions, skills building programs and technology-enabled career services

Responsibilities

If you are looking to work alongside a team of highly energetic, passionate and driven people, then this opportunity may be for you. Reporting to the Director of Customer Operations, this Loan Repayment Specialist will:

  • Follows Meritize's policies and procedures, when initiating outbound calls and receiving inbound calls from borrowers
  • Negotiates clear and effective account resolution
  • Documents actions within the collection systems
  • Maintains company performance and productivity standards
  • Updates contact information in the collections systems
  • Supports other work/call queues to facilitate teamwork in the department
  • Escalates and assists other team members with calls as needed
  • Performs activities such as skip tracing, credit bureau reviews or administrative tasks

Qualifications

Working closely with the other members of the team, this person will meet the following requirements:

  • At least 1 years of related experience in loan repayment
  • Previous student loan, subprime or installment loan collections experience is a plus preferred
  • Bilingual Spanish/English is desirable but not required
  • Previous experience in a compliant workplace (FDCPA, TCPA, FCRA) preferred

 

Meritize is an Equal Opportunity Employer.

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