Senior Commercial Debt Collector

Job Description

Job Description

Senior Commercial Debt Collector

SouthStar Capital, LLC

Locations : Dallas, TX / Charleston, SC

Employment Type : Full-Time

Position Summary

We are seeking an experienced and results-oriented Senior Commercial Debt Collector to join our team. This role is a senior-level individual contributor position responsible for driving the recovery of delinquent, high-value commercial accounts, including facilities secured by Asset-Based Lending (ABL) and Factoring structures. The position requires a professional who is assertive, persistent, and highly skilled in the enforcement of loan agreements, collateral recovery, and repayment negotiation. The successful candidate will play a critical role in safeguarding company assets, reducing credit losses, and maximizing recoveries through direct action and enforcement strategies.

Key Responsibilities

• Manage a portfolio of delinquent commercial accounts, including those backed by ABL facilities, with a focus on high-value and complex recoveries.
• Execute aggressive and persistent collection efforts, enforcing repayment obligations under loan agreements.
• Escalate accounts to litigation, receivership, foreclosure, or collateral liquidation when voluntary repayment cannot be secured.
• Review and analyze borrowing base certificates, collateral positions, covenant compliance, and financial performance to inform recovery strategies.
• Negotiate directly with borrowers, guarantors, and senior-level client representatives to secure repayment plans, settlements, or turnover of assets.
• Coordinate with internal stakeholders, including credit, risk management, and legal teams, to prepare accounts for enforcement actions.
• Act as an internal subject matter expert on ABL collections and collateral enforcement, advising on recovery approaches and asset disposition strategies.
• Maintain detailed documentation of all collection activities, enforcement steps, and recovery outcomes.
• Prepare reports for senior leadership summarizing recovery progress, enforcement actions, collateral risks, and projected cash inflows.
• Consistently meet or exceed assigned recovery targets and performance expectations.

Qualifications

Work Environment & Compensation