Collections Specialist
Company: MIT
Location: Lexington
Posted on: April 1, 2026
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Job Description:
Posting Description COLLECTIONS SPECIALIST , MIT Federal Credit
Union (MITFCU), initiates collection activities on retail loans:
including auto loans, home equity loans, mortgage loans, student
loans, overdraft privilege and negative share accounts in
accordance with MIT Federal Credit Union policies and applicable
collection laws; and performs all functions, within scope of
authority and expertise to provide the highest level of service and
responsiveness to the members of the MIT Federal Credit Union. The
full job description is available, here . Job Requirements REQUIRED
: Two years of experience in collections with knowledge of general
credit union/banking operations; three years of experience in a
credit union/bank; experience in auto repossession and handling
delinquent real estate loans; familiarity with real estate investor
collection and modification requirements; be and remain bondable;
working knowledge on collecting past due accounts; related
collection and bankruptcy laws; RESPA servicing delinquent mortgage
loans and loss mitigation; collecting on inhouse Fannie Mae,
Freddie Mac, Ginnie Mae, and FHA loans; and familiar with skip
tracing and other collection resources, and collection systems.
3/23/2026
Keywords: MIT, Boston , Collections Specialist, Accounting, Auditing , Lexington, Massachusetts
