Legal Collections Specialist (Corporate)

Bethesda, MD
Oct 02, 2021
Oct 19, 2021
Full Time
Legal Collections Specialist- **This position is full-time, W-2 only!!


Its not just a job. Its a mission . If youre as passionate as we are about empowering the small businesses of America, then youll be right at home with us.

Recognized as one of D.C.s Top Workplaces each year, Rapid Financial Services (dba "Rapid Finance") is the nation's leading provider of alternative financing solutions for small and mid-sized businesses. When traditional sources of funding are beyond reach, we open doors for business owners. By providing access to working capital, Rapid Finance helps growing businesses achieve their goals and reach even higher.

Our company is expanding. We are aggressively investing in our people and technology to create a best-in-class experience for our clients. Let us invest in YOU.
  • Rapid Finance won The Washington Posts Top Work Places 2020!
  • Rapid Finance is ranked by Best & Brightest Nationally as Top Work Places 2020!


If you are a smart, curious, self-motivated professional with a passion for making a difference, Rapid Finance is your next "home". We have an awesome opportunity for you in our corporate office in Bethesda, MD , a couple city blocks from the Bethesda Metro. We are currently remote until November 2021

Rapid Finance is looking for a Collections Specialist to join our Legal team that will be responsible for tracking down businesses who owe money from overdue loan repayments. Individuals with a strong investigative mindset who are able to research accounts, build rapport with our clients, analyze complex documentation, and identify fraudulent activities or documentation are encouraged to apply. This position will be located at our home office in Bethesda, Maryland.

A day in the life of our Legal Collections Team may include:
  • Utilize various skip tracing techniques and collection strategies to locate right parties in order to negotiate payment arrangements on charge-off accounts
  • Transferring data from outside collection agencies systems to Rapid's system
  • Analyzing accounts for future collection efforts
  • Determine suitability of judgment accounts for legal action
  • Successfully meet and exceed daily and monthly quotas
  • Bring your thinking, strategies, and ideas to assist in mitigating company losses
  • Utilize your phenomenal sales skills to negotiate payment arrangements with our delinquent merchants
  • Document merchant account with accurate description of conversations with merchant, their representatives, or other related person that references merchant account

About You:
  • You have experience in legal collections, business to business collections preferred; financial services industry a plus
  • You possess the desire to work hard. We do whatever it takes to achieve the best possible outcomes for our clients while protecting our business.
  • You have prior collections experience in commercial lending or demonstrate the ability to successfully complete our training program.
  • You have a professional and articulate phone demeanor, remaining calm and diplomatic in high-pressure situations.
  • You also have excellent written communication skills.
  • You possess strong negotiation and skip tracing skills.
  • You have solid working knowledge of MS Word, Excel, and other office equipment (scanner, fax, copier).
  • You pride yourself on your ability to identify and correct errors, capture all of the relevant details, and get things done on time.
  • You have a bachelor's degree or the equivalent experience.

  • You Love Our People. You are passionate about Legal! You keep our team members at the center of everything you do.
  • You Do the Right Thing. You strengthen your team through respect, fairness, and inclusion.
  • You Hustle Every Day. You favor urgency and own your outcomes. You arent overly concerned with whats in your job description- if something needs to be done, youre willing to do whatever it takes to make the team successful.
  • You Win Together. People are at the heart of our success and you play as a team.
  • You Want To Make An Impact. You strive to make a significant impact on our clients, our culture, and our future growth of our business.
  • You Dream Big. You pride yourself on not waiting to be told what to do, but finding solutions that will support the success of Rapid Finance.


At Rapid Finance, we support our team members growth and desire to live well-rounded lives. Our company is expanding and we are aggressively investing in our people and technology to create a best-in-class experience for our clients. Come work with US! We are ranked a Top Workplace in Washington D.C., Detroit, and the Nation-these awards mean the world because it's based on feedback from our people!

We offer generous team benefits including a commuting/parking allowance, employer-matched 401(k), tuition reimbursement, health, dental, vision benefits, life insurance, paid time off, and more. Just steps from the metro, our beautiful new office includes a modern open floor plan, free on-site fitness center, a gaming area, stocked kitchen, and other cool amenities.

Rapid Finance is committed to a diverse workforce an Equal Opportunity/Affirmative Action Employer (M/F/Disability/Veterans). We will consider all applications without regard to race, gender, sexual orientation, gender identity, age, color, religion, national origin, veteran status, disability, genetic information or any other status protected by applicable law.

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