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Collections Recovery Analyst

Penske - Reading, PA

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Job Description

Position Summary: The Collections Recovery Analyst is responsible for managing and supporting the legal collections process by acting as a central liaison among the law firm, Penskeu2019s collection and field teams. This role ensures the accurate preparation, documentation, investigation, and evaluation of delinquent legal accounts; facilitates communication and information gathering for legal action; and maintains organized, up-to-date case status reporting to effectively advance accounts through the legal collections cycle. The Collections Recovery Analyst will act as an advisor, providing analysis and recommendations to the Sr. Manager u2013 Collections Recovery. Major Responsibilities: u2022 Analyze bad debt accounts for legal action. Perform research to determine collectability. Review prior internal collection activity, evaluate Experian credit detail, review SAFER rating, Secretary of State status, DOT rating, perform Google research: all to determine the overall status of the entity. u2022 Audit and verify the accuracy of all documentation before it is submitted as evidence in legal proceedings. Calculate the alternative payment to ensure it meets VLSA terms and conditions. Confirm status of equipment return. u2022 Review legal accounts with assigned law firm to determine progress. Perform the advanced work of legal debt recovery. Strategize with Sr Manager Collections Recovery. u2022 Assist with settlements, promissory notes, payment plans. Update and advise Sr Manager regarding status of legal accounts. u2022 Contribute with collection activities related to bankrupt accounts. u2022 Other projects and tasks as assigned. Qualifications: u2022 Bachelor's Degree in Business Administration, Legal Studies preferred. If no degree, equivalent work experience is required. u2022 Minimum 3 u2013 5 years of Collections experience required. u2022 Microsoft Office Suite u2013 Excel intermediate. Knowledge in record keeping, creating and updating reports etc. u2022 Advanced Data Analysis skill is critical for understanding the legal collection process to determine future steps. u2022 Experience in using publicly available databases and records to locate businesses and contacts is a key skill. u2022 Organization & time management skills. Strong sense of urgency and is attentive to detail. u2022 Strong/Direct communication skills u2022 Problem solving skills u2022 Negotiation abilities u2022 Regular, predictable, full attendance is an essential function of the job u2022 Willingness to travel as necessary, work the required schedule, work at the specific location required, complete Penske employment application, submit to a background investigation (to include past employment, education, and criminal history) and drug screening are required. Physical Requirements: u2022 The physical and mental demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. u2022 The associate will be required to: read; communicate verbally and/or in written form; remember and analyze certain information; and remember and understand certain instructions or guidelines. u2022 While performing the duties of this job, the associate may be required to stand, walk, and sit. The associate is frequently required to use hands to touch, handle, and feel, and to reach with hands and arms. The associate must be able to occasionally lift and/or move up to 25lbs/12kg. u2022 Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception and the ability to adjust focus. Penske is an Equal Opportunity Employer About Penske Truck Leasing/Transportation Solutions Penske Truck Leasing/Transportation Solutions is a premier global transportation provider that delivers essential and innovative transportation, logistics and technology services to help companies and people move forward. With headquarters in Reading, PA, Penske and its associates are driven by a dedication to excellence and a commitment to customer success. Visit Go Penske to learn more. Job Category: Other Corporate Job Family: Finance Address: 100 Gundy Drive Primary Location: US-PA-Reading Employer: Penske Truck Leasing Co., L.P. Req ID: 2601017

Created: 2026-02-04

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