MCA Collections Specialist

High Rise Capital
  • New York, NY
  • $40,000–$100,000 Per Year
  • Instant Apply
2 days ago

Job Description

We are looking for an experienced MCA Collections Specialist to join our team. The ideal candidate has hands-on experience collecting on Merchant Cash Advances (MCAs) and understands how to work with merchants who have fallen behind or stopped making payments.

This is a high-activity collections position requiring strong communication skills, persistence, and a solid understanding of MCA collections and UCC filings.

Responsibilities

  • Contact merchants by phone, SMS, and email regarding delinquent MCA payments.
  • Make high-volume cold calls to merchants who have stopped or fallen behind on payments.
  • Work directly with merchants to understand their situation and negotiate payment arrangements to bring accounts current.
  • Follow up consistently with merchants who make promises to pay.
  • Understand and work with UCC filings and the collections process.
  • Send appropriate UCC-related notices and communications in accordance with company procedures and applicable law.
  • Locate and communicate with merchants who are difficult to reach.
  • Negotiate settlements, repayment plans, and payment reinstatement arrangements within company guidelines.
  • Maintain detailed records of merchant communications, payment commitments, and account activity.
  • Work closely with management and legal/operations teams on escalated accounts.
  • Identify merchants who can be successfully brought back onto regular payments and prioritize accounts accordingly.

Requirements

  • 1+ years of MCA collections experience preferred.
  • To Apply:
    Please submit your resume and a brief description of your MCA collections experience, including the types of accounts you have handled and your experience getting merchants back onto payments.
  • Must have a strong understanding of Merchant Cash Advances, UCC filings, defaults, and payment collections.
  • Proven experience cold calling merchants and successfully getting delinquent accounts back on payment.
  • Strong negotiation and objection-handling skills.
  • Comfortable making a high volume of calls every day.
  • Experience communicating through phone, SMS, and email.
  • Persistent, confident, and professional when dealing with difficult merchants.
  • Ability to work independently and manage a large portfolio of accounts.
  • Strong organizational and follow-up skills.
  • Experience with a CRM, dialer, or collections management system is a plus.

Benefits

Competitive base salary + performance-based bonuses/commissions.

Compensation will be based on experience and collections performance.

Numbers & Facts

LocationNew York, NY
Salary$40,000–$100,000 Per Year

Skills

  • Call Volumeunmatched
  • Cold Calling Skillsunmatched
  • Communication Skillsunmatched
  • Credit and Collectionsunmatched
  • Customer Escalationsunmatched
  • Customer Relationship Management (CRM)unmatched
  • Establish Prioritiesunmatched
  • Follow Throughunmatched
  • Legalunmatched
  • Negotiation Skillsunmatched
  • Organizational Skillsunmatched
  • Past Due Accountsunmatched
  • Record Keepingunmatched
  • Short Messaging Service (SMS)unmatched

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