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Job · Minneapolis, MN · Full time

Account Resolution Specialist

Ecmc Group · Education · $501.3M budget · 243 staff · Since 2000

Why Ecmc Group

FY2024 · Form 990Its mission and biggest programs, as filed

Empowers underserved communities by funding, creating, and investing in innovative educational opportunities, grants, and sponsorships to help students thrive.

  • Loan portfolio servicing:Ecmc Group, INC. And oakdale student loan funding, LLC (oakdale), a wholly owned subsidiary of Ecmc Group, INC., have eligible lender trust (elt) agreements with manufacturers and traders trust company. Manufacturers and traders trust company serves as the…$145.5M spent in FY2024
  • Supporting related organizations:Ecmc Group, INC. Supports the furtherance of the exempt purpose of educational credit management corporation, Ecmc education, INC., and Ecmc foundation by creating, providing and investing in innovative educational opportunities. Ecmc Group, INC. Is a nonprofit corporation whose…$105.1M spent in FY2024
  • Grants & sponsorships:grants and sponsorships supplied by Ecmc Group, INC. To schools and individuals in support of its tax-exempt purpose.$640K spent in FY2024

Before you apply

FY2024 · Form 990Independent: from IRS data, not the org
Pays its leaders
$323K–$1.4M
12 officers reported
Fine: from the org's Form 990.
Pt VII · Sec A
Budget
$281.0M
spent in FY2024
Fine: from the org's Form 990.
Pt I · Ln 18
Staff
243
employees
Fine: from the org's Form 990.
Pt I · Ln 5–6
Spent on programs
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Surplus or deficit
+44%
of revenue, FY2024
Looks good: revenue was at least expenses in the latest filing.
Pt I · Ln 19
Cash reserves
56 mo
of spending, in cash and securities
Looks good: 56.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file
IRS status
501(c)(3)
tax-exempt since 2001
Looks good: listed by the IRS.
IRS BMF
Looks goodFineWorth a lookConcernTap a box for the reason.

About the role

The org's own posting, as written

ECMC Group is a nonprofit corporation focused on helping students succeed. Headquartered in Minneapolis, ECMC Group and its family of companies provide financial tools and services, as well as funding for innovative programs to help students achieve their academic and professional goals.

Job Summary

The Account Resolution Specialist is responsible for assisting defaulted student loan borrowers by providing guidance, support, and customized repayment solutions. This role focuses on helping borrowers understand their options, resolve delinquent loan obligations, and successfully return to good standing through sustainable and affordable payment arrangements by providing exceptional customer service. The Account Resolution Specialist builds positive borrower relationships by combining empathy, professionalism, problem-solving, and a results-driven approach while adhering to regulatory requirements and company standards.

Essential Duties and Responsibilities Connects with borrowers through inbound and outbound calls, providing respectful, solution focused support Educates borrowers on the consequences of their loan(s) being in default and the options they have available to resolve their default status Assists borrowers in successfully maintaining and completing their chosen repayment solution by communicating expectations and responsibilities throughout the resolution process Provides exceptional customer service to assist borrowers in resolving student loan repayment challenges and achieving successful account outcomes.

Meets departmental and company goals related to productivity, call quality, and procedures Accurately documents and updates account for compliance and regulatory compliance Conducts skip tracing processes to help locate borrowers Complies with FFEL student loan regulations and maintains an updated knowledge of federal student loan program changes Escalates complex situations as needed to ensure the best borrower experience Performs other duties as assigned Required Qualifications High school diploma or GED 1+ years of experience in collections, call center, or customer service role Ability to use basic math skills while completing daily work responsibilities Basic proficiency in Microsoft Office suite or Mac Office The hourly range for this position is $23.00 - $26.00 per hour.

Actual hourly pay may vary based upon, but not limited to, relevant experience, time in role, peer and market data, business sector and geographic location. This position is commission-eligible, with candidates typically earning an average of about $3,000 per month based on individual performance. This position is classified as hybrid Monday - Wednesday and requires attendance in Minneapolis, MN . To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed above are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals…

Read the full posting

About Ecmc Group

From its Form 990