Financial Assistance Administrator
Lowell, Middlesex County, Massachusetts, 01856, USA
Listed on 2026-07-27
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Finance & Banking
Financial Compliance, Banking Operations, Financial Reporting, Financial Analyst
There s never been a more exciting time to join Rockland Federal Credit Union. We re launching a new brand with a bold vision for the future—one built on innovation, technology, and a commitment to helping people live more and worry less.
For more than a century, we ve believed that banking is about putting people first. Soon to be known as Arise Financial, we re building on that legacy while embracing new ideas and creating an even better experience for both our employees and the members and communities we serve.
If you re looking for a place where you can grow, make an impact, and help shape what s next, we d love to hear from you.
About the OpportunityThere s never been a more exciting time to join Rockland Federal Credit Union. We re launching a new brand with a bold vision for the future—one built on innovation, technology, and a commitment to helping people live more and worry less.
For more than a century, we ve believed that banking is about putting people first. Soon to be known as Arise Financial, we re building on that legacy while embracing new ideas and creating an even better experience for both our employees and the members and communities we serve.
If you re looking for a place where you can grow, make an impact, and help shape what s next, we d love to hear from you.
Why You ll Love Working Here- Certified Great Place to Work®
- Competitive pay
- Annual incentive/bonus potential
- Comprehensive benefits package including health, dental, vision, life, and AD&D
- 401(k) plan with employer match
- Hybrid work from home flexibility (min 3 days a week in office)
- Generous paid time off and holidays
- Tuition reimbursement and professional development opportunities
- Opportunities for professional growth and career development
- Meaningful work that positively impacts our members and communities
As a Financial Assistance Administrator
, you will provide critical administrative and operational support to our Financial Assistance & Loss Mitigation team. In this role, you ll help ensure the accurate processing of collections, charge-offs, credit reporting disputes, repossessions, and departmental reporting while maintaining compliance with credit union policies and regulatory requirements. If you are highly organized, detail-oriented, and enjoy supporting a fast-paced operations team, this is an excellent opportunity to make a meaningful impact.
You ll Do
- Process daily payments and negotiable instruments, ensuring timely and accurate posting.
- Manage the department s incoming and outgoing mail, including processing time-sensitive correspondence.
- Coordinate vehicle title requests, tracking, and distribution with the Collateral Specialist, including preparing shipping documentation.
- Perform weekly and monthly charge-off maintenance within the core processing system.
- Prepare monthly charge-off reports and assist with identifying accounts eligible for charge-off.
- Prepare, review, and distribute legal repossession notices in accordance with regulatory requirements and timelines.
- Investigate and respond to consumer credit reporting disputes through electronic dispute systems and written correspondence.
- Monitor shared department inboxes, triage requests, and route inquiries to the appropriate team members.
- Process skip protection and ancillary product rebate claims by reviewing eligibility, preparing documentation, coordinating with vendors and insurance carriers, and tracking claims through resolution.
- Prepare affidavits, notices, and supporting documentation for management review.
- Maintain accurate records, perform core system account maintenance, and prepare operational reports and performance metrics.
- Ensure compliance with credit union policies, record retention standards, and applicable regulations.
- Support additional departmental projects and assignments as needed.
- High school diploma or equivalent required;
Associate s degree in Business, Finance, or a related field preferred. - Two to four years of administrative experience in collections, loan servicing, financial services, or a financial institution preferred.
- Working knowledge of collections operations, repossessions, charge-offs, credit…
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