Momentum Financial Services Group
Collections Administrator
Toronto, Canada
Sponsorship not specifiedDetected 1 day ago
NegotiationExcelCustomer SupportResearchCommunicationCollaborationProblem SolvingMicrosoft Office
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About the role
- SALARY RANGE: $50,000 to $52,000 yearly Ready to apply your Collections expertise to make a real impact?
- Join us and help shape the future of MFSG.
- Committed to Equal Opportunity: M FSG is committed to accommodating applicant s up to the point of undue hardship during the recruitment, assessment and selection process.
Responsibilities
- Ready to apply your Collections expertise to make a real impact? Join us and help shape the future of MFSG. Apply today and let's build the future of MFSG, together.
- At MFSG, we are committed to building innovative solutions grounded in ethical, transparent, and responsible use of data and technology.
- This posting is for a current position within our organization, offering the opportunity to contribute to meaningful, responsible innovation that supports our employees, clients, and communities.
- Joining MFSG means contributing to a future-focused organization that values both innovation and integrity, where your work helps shape solutions that responsibly support our employees, clients, and communities.
- Apply today and let's build the future of MFSG, together.
- Maintain accurate and up-to-date records of all third-party communications and account actions.
Requirements
- Professional services billing experience, experience with legal billing software.
- Familiarity with collection agency operations, debt purchasing processes, and insolvency proceedings.
- Proficiency with collections management software and Microsoft Office
- Minimum 2 years experience as a credit strategy experience within the financial banking industry.
- Must be an analytical and a critical thinker
- Ability to adapt to change
- Ability to type 20 words per minute
- Ability to work in a fast paced team oriented working environment.
- Review and validate account information, balances, and payment histories in response to third-party requests, providing documents where required.
Nice to have
- Prior call center, collections or sales background strongly preferred.
Compensation
- $50,000 to $52,000 yearly
Benefits
- Discretionary Annual Bonus - Rewarding both individual and company performance
- Comprehensive Benefits - Health and dental coverage with premiums fully paid, plus access to an Employee Assistance Program
- Retirement Plans - Helping you plan and save for the future
- Perks and Rewards - Tuition reimbursement, professional development support, discounts through Perkopolis, and recognition programs that celebrate your impact
Company info
- At Momentum Financial Services Group, we help people move forward by reimagining how money works for those who need it most. With more than 40 years of experience, we're the team behind Money Mart-Canada's largest non-bank branch network-and a leader in financial solutions for underserved communities.
- From short-term loans to money transfers and prepaid cards, we power the products, technology, and operations that connect millions of customers each year to the money they need, when they need it.
- At MFSG, we work together across teams and functions to create something bigger than ourselves: solutions that remove barriers and give people access to money they might not get anywhere else. Whether you're solving problems, building systems, or shaping strategy, your work fuels real support for real people.
- We've Got You Covered
- At Momentum Financial Services Group, we help people move forward by reimagining how money works for those who need it most.
- With more than 40 years of experience, we're the team behind Money Mart-Canada's largest non-bank branch network-and a leader in financial solutions for underserved communities.
- At MFSG, we work together across teams and functions to create something bigger than ourselves: solutions that remove barriers and give people access to money they might not get anywhere else.
- Whether you're solving problems, building systems, or shaping strategy, your work fuels real support for real people.
- Compensation Philosophy - Competitive pay aligned with experience and market standards
- Hybrid Work Environment - Flexibility to balance remote and in-office collaboration; enjoy our corporate HQ spaces designed for teamwork and creativity
- The Job: Collections Administrator
- The Collections Administrator is responsible for managing and responding to inquiries from external agencies such as collection agencies, debt buyers, and insolvency/credit counselling companies.
- This role serves as a key point of contact for third-party organizations involved in the recovery and resolution of outstanding accounts, ensuring all interactions are handled accurately, professionally, and in compliance with applicable regulations.
- H ow You'll Make an Impact:
- Respond to inbound inquiries from collection agencies, debt buyers, and insolvency/credit counselling firms via email and phone.
- Research and resolve discrepancies, disputes, or billing errors.
- Coordinate with internal departments to resolve disputed accounts or escalated matters.
- Assist in the development and maintenance of standard operating procedures for collections administration.
- Provide timely and accurate documents and information to internal and external stakeholders. These documents are critical to validating and collecting delinquent debt.
- Ability to prioritize and manage multiple accounts and inquiries simultaneously.
- Follows detailed instructions with limited discretion; refers non-standard issues to supervisor.
- Collaboration - Works effectively across departments to resolve complex account matters
Equal opportunity
- M FSG is committed to accommodating applicant s up to the point of undue hardship during the recruitment, assessment and selection process.
- If you are selected for an interview, please notify MFSG if you require accommodation in respect of the materials or procedures used at any time during this process.
- If you require accommodation, MFSG will work with you to determine how to meet your needs.
- About MFSG - Our Commitment to Responsible Innovation
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This listing is sourced directly from Momentum Financial Services Group's careers page and normalized into a canonical job model.