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Truist Bank

Offers integrated banking, lending, wealth management

Collections Supervisor - Service Finance

Full-TimeUpdated on 10/1/2026
No salary listed
Senior
Bachelor's
Boca Raton, FL, USA
In Person

About the job

Requirements
  • A bachelor's degree, or equivalent education and related training or experience, is required.
  • Five years of experience in collections or equivalent supervisory experience is required.
  • Excellent verbal and written communication skills, including the ability to speak in front of large groups, are required.
  • Excellent decision-making and problem-solving skills in routine and non-routine situations are required.
  • Excellent time-management and organizational skills are required.
  • Strong leadership abilities are required.
  • Strong analytical skills are required.
  • The ability to recommend operational and process improvements is required.
  • Demonstrated proficiency in basic computer applications, such as Microsoft Office software products, is required.
  • The ability to travel, occasionally overnight, is required.
Responsibilities
  • Hire, empower, mentor, and counsel collection teammates to create a positive team and working environment.
  • Implement and execute the collection and recovery process for assigned portfolios, including approval of payment relief, settlements, repossession, charge-off, foreclosure, and attorney assignment.
  • Provide leadership, guidance, and direction for the entire collection and recovery process to ensure consistency and compliance with applicable laws and regulations.
  • Manage the department to meet established loss, recovery, and delinquency goals and forecasts.
  • Execute the collection process in a fast-paced environment and ensure assigned accounts are worked according to individual goals and objectives, including minimum calls per day, contact percentage, promises-to-calls ratio, and promises kept.
  • Participate in scheduling collection groups to meet organizational needs and peak collection times.
  • Ensure teammates negotiate with clients according to established time frames while promoting positive roll and reducing delinquency, repossessions, non-performing assets, and loan losses.
  • Manage teammates' career paths through hiring, coaching, performance ratings, and progressive discipline, and manage day-to-day attendance tracking.
  • Meet established portfolio delinquency, loss, and recovery goals for assigned portfolios.
  • Execute call monitoring and quality reviews to ensure compliance with policies and regulations, and escalate client complaints appropriately.
  • Monitor systems and production reports daily, assess performance, and recommend areas for improvement.
  • Identify teammates performing below agreed-upon key performance indicators and coach them appropriately.
  • Manage the team's client communications and provide accurate account details and information while following compliance and quality expectations.
  • Communicate regularly with leaders in Client Default Solutions and other departments regarding past dues, losses, insurance issues, escalations, and collaborative issue resolution.
  • Process charge-offs and account changes, including loan modifications, according to policy guidelines and procedures.
  • Mentor new leaders in Client Default Solutions and help them become proficient in their roles.
  • Support the implementation of strategy and system-related changes.
  • Complete all required computer-based training courses accurately and on time.
Desired Qualifications
  • Expert knowledge of collection policies, procedures, and processes is preferred.
  • Knowledge of collection practices and federal and state regulations and laws, including the Fair Credit Reporting Act, Fair Debt Collection Practices Act, and Telephone Consumer Protection Act, is preferred.

About the company

Truist provides banking, lending, and wealth management services to individuals, small businesses, and large corporations across the United States. It operates through integrated relationship management, offering personal and commercial banking, loan products, and advisory wealth services. Customers access deposits, loans, payment services, and investment advice, with revenue coming from interest on loans, banking fees, and advisory fees. The firm differentiates itself by delivering coordinated financial solutions across different client segments and by pursuing strategic partnerships and community initiatives to support local development. Its goal is to inspire and build better lives and communities by helping clients manage money, grow assets, and strengthen relationships with their bank.

Company Size

10,001+

Company Stage

IPO

Headquarters

Washington DC, District of Columbia

Founded

2018

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Simplify Jobs

Simplify's Take

What believers are saying

  • September 9, 2026 AI Call Summaries cut 36,000 staff hours in Q2.
  • August 25, 2026 Premier deposit production rose 27% year over year.
  • October 16, 2026 earnings should reflect capital from the $5.5 billion sale.

What critics are saying

  • The September 15, 2026 Apollo sale kills Regional Acceptance and 478 jobs.
  • Overdraft settlement litigation still haunts Truist through insurer counterclaims filed August 2026.
  • Truist's reset depends on deposits; weak execution leaves it trapped as a spread lender.

What makes Truist Bank unique

  • Truist Premier launched August 25, 2026, targeting $100,000-plus clients before private wealth.
  • Shimna Sameer joined July 22, 2026, to scale Truist Wealth and technology.
  • AI Call Summaries reached 4.5 million in Q2 2026 across care centers.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Paid Holidays

Hybrid Work Options

401(k) Retirement Plan

401(k) Company Match

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

↑ 6%

1 year growth

↑ 6%

2 year growth

↑ 6%
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