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Collections Specialist / Paralegal, Multi-Family Rentals

Lexington, United States

Collections Specialist, Paralegal

Position Overview
We are seeking a highly organized and assertive Collections Specialist to lead efforts in recovering outstanding receivables. Candidates with paralegal experience are strongly preferred, as this role bridges financial recovery with legal process readiness. The ideal candidate will be proactive in contacting aging accounts, negotiating payment arrangements, and preparing accounts for potential legal action when necessary.

Key Responsibilities
Collections & Account Resolution
  • Contact accounts to initiate collection efforts.
  • Negotiate payment plans, settlements, or other resolutions
  • Maintain detailed records of communication, agreements, and follow-up actions.
Legal Preparation & Escalation
  • Assemble and organize account documentation for potential legal filings, including:
    • Demand letters
    • Garnishment packages
    • Lien documentation
    • Small claims or civil filings
  • Collaborate with legal counsel or supervisor to ensure filings are accurate and timely.
  • Track and manage the lifecycle of legal actions.
Reporting & Strategy
  • Monitor and report on collection efforts, legal filings, and recovery success rates.
  • Identify trends and recommend strategies to improve recovery and reduce delinquency.
  • Maintain compliance with all applicable laws and internal policies.

Qualifications
  • Proven experience in collections, credit management, or accounts receivable.
  • Paralegal training or legal administrative experience is highly preferred.
  • Strong understanding of legal processes related to debt recovery.
  • Excellent negotiation, communication, and documentation skills.
  • Working knowledge of landlord, tenant laws, Fair Housing regulations and collection compliance.
  • Experience in real estate, multi-family rental industry highly preferred.
  • Proficiency in CRM or collections software and Microsoft Office Suite.
  • Ability to manage multiple priorities and deadlines with precision.
Benefits
  • Competitive salary and performance-based incentives
  • Comprehensive benefits after 30 days, including
    • 50% reimbursement for eligible out of pocket medical expenses
    • Health, dental, vision. life, long-term and short-term disability insurance
  • Paid time off (PTO)
  • Paid holidays
  • 401(k) match
  • Rent Discount
  • LOCAL opportunities for professional growth
  • Reliable and stable full-time hours
  • Hours: Monday through Friday, 8:30am-5pm

Monday through Friday, 8:30am-5pm

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