Tangerine Credit Card Collections Officer- 12months Contract

**Requisition ID**: 214915

Tangerine is Canada’s leading direct bank. We offer flexible and accessible banking options, innovative products, and award-winning Client service. The reason why Tangerine employees come to work each day is to help Canadians live better lives. We focus on making a difference in our communities, and that includes our own internal community. It’s important to us that our employees feel empowered and enthusiastic about belonging to our Orange culture.

The Collections Officer responsible to collect on Tangerine Credit Card portfolio for maximizing collection of overdue payments from customers while minimizing collection costs and loan losses on individually assigned accounts. This role conducts timely and effective collection follow-up on assigned accounts in varying stages of arrears and, on accounts where a potential risk to the Bank is evident. These may include including early stage, late stage, and charged off delinquencies.

This role is a 12months contract position.

**Is this role right for you? In this role you will**:

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Customer Fulfillment/Experience - Ensures the delivery of customer service fosters overall customer and business line/department satisfaction by**:

- Providing human, straightforward, and knowledgeable service through daily interactions to create a relationship of mutual trust and confidence with customers and fellow employees;
- Understanding the customers’ circumstances and matching appropriate solutions through sound knowledge of collection practices, policies and procedures;
- Addressing and resolving customer concerns, inquiries, issues or complaints on credit card contracts in arrears;
- Being upfront with customers when the Bank cannot provide the desired solution, offering a reasoning and suggesting alternatives;
- Preparing correspondence including demand letters in a manner that reflects Bank policies and guidelines while conveying a tone that protects integrity of the customer;
- Escalating more serious situations/problems to the Team Lead, Internal Collections Team, as required for speedy and equitable resolution.
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Business Plan Execution - Supports Bank’s business plans and business objectives for the department by**:

- Primary emphasis on rehabilitating accounts and retaining sound, profitable business for the Bank by acting in a timely manner to identify the risk associated with all assigned accounts and executing prompt action to minimize loss and secure the Bank’s position;
- Discussing payment arrangements with customers before offering revised or reduced payments, terms and conditions;
- Negotiating alternate payment arrangements including token or reduced payment amounts from customers and accurately communicating the revised terms and conditions of the loan;
- Evaluating the ability to make negotiated payments and assessing the source of funds for payment;
- Recommending or taking action to ensure past customer commitments have been met including resolving persistent payment problems;
- Making sound decisions on accepting, rejecting or offering amended payment terms and settlements while conforming to Bank policies and procedures.
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Operational Efficiencies and Compliance - Drives operational effectiveness activities and compliance by**:

- Reporting and escalating any unusual occurrences or fraudulent activities evidenced through customer conversations and/or payment verification directly to the Team Lead, Manager, Sr. Manager, or Director, Internal Collections Team;
- Effectively and efficiently using the automated call distribution and outbound predictive dialer systems;
- Utilizing the collection system to facilitate communication within the department, among team members and/or referral of the account to the Team Lead or Manager, Internal Collections Team;
- Completing updates to all appropriate Bank systems;
- Maintain the integrity and confidentiality of the Bank and Customer information as set out in Scotiabank’s Privacy Code;
- Adhering to regulatory and Internal Bank guidelines as required and maintaining awareness throughout the year, ensuring compliance to AML (Anti-Money Laundering), KYC (Know Your Customer) and Privacy policies.
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Team Membership - Contributes to the effective functioning of the team by**:

- Assisting with the training of new team members (delegating, reviewing work preparation) or the monitoring of cross-training initiatives within the department;
- Actively participating and contributing to coaching sessions, touch base and team meetings;
- Acquiring and maintaining a good knowledge of the department functions, processes and operating procedures;
- Fostering a performance oriented culture of open and honest communication;
- Developing and executing a meaningful personal development plan.

**Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have**:

- Post-secondary education, with minimum 1 year of experience in the collection of deli