[Hiring] Collection Representative II @Velera

Role Description

The Collection Representative II utilizes various collection strategies and methodologies to contact consumers and negotiate payment in full, settle the account or establish payment arrangements on delinquent debt. This role manages a complete portfolio of charged-off accounts with principal balances of $2,501 and greater, requiring effective negotiation skills and strict compliance with all regulatory and company policies.

• Review accounts in the assigned queue to determine the next course of action to resolve delinquent accounts.
• Manage a portfolio of charged-off accounts with principal balances of $2,501 and greater.
• Utilize various collection strategies and skip tracing techniques to locate right parties when necessary.
• Apply knowledge of credit bureau reporting (CBR) to support skip tracing efforts and incorporate CBR insights into member discussions.
• Identify and provide resources to assist members in resolving their obligations.
• Negotiate payment terms, settlements, or payment arrangements in accordance with established guidelines, using probing questions to understand and overcome objections.
• Establish and maintain payment arrangements consistent with company standards.
• Dorm, close, and make recommendations on accounts in line with established guidelines.
• Make second voice calls as necessary to assist other collectors.
• Follow up on specific accounts that meet department criteria to ensure all work has been completed.
• Evaluate accounts where resolution is not possible and recommend for further review when appropriate.
• Participate actively in monthly continuous improvement training sessions to enhance collection techniques and adapt to new challenges.
• Maintain thorough knowledge of FDCPA and ensure compliance with all regulatory and company policies.
• Accurately and promptly document all account activity.
• Perform other duties as assigned.

Qualifications

• High school education or GED equivalent
• Minimum 2 years collections or sales experience preferred

Benefits

• Competitive wages
• Medical with telemedicine
• Dental and Vision
• Basic and Optional Life Insurance
• Paid Time Off (PTO)
• Maternity, Parental, Family Care
• Community Volunteer Time Off
• 12 Paid Holidays
• Company Paid Disability Insurance
• 401k (with employer match)
• Health Savings Accounts (HSA) with company provided contributions
• Flexible Spending Accounts (FSA)
• Supplemental Insurance
• Mental Health and Well-being: Employee Assistance Program (EAP)
• Tuition Reimbursement
• Wellness program
• Benefits are subject to generally applicable eligibility, waiting period, contribution, and other requirements and conditions

Company Description

At Velera, inclusion isn’t an initiative – it’s how we work. Guided by a people‑helping‑people philosophy, we cultivate a culture where every employee feels valued, respected and empowered to do their best work. We’re committed to building a diverse workforce and fostering meaningful connection across our teams. Through a remote‑first, flexible environment, we prioritize psychological safety, wellbeing and belonging so individuals and teams can collaborate to thrive. Together, we’re shaping a new era of secure, innovative solutions for the clients and communities we serve.