Mobile, AL – West Asset Management, a wholly-owned subsidiary of West Corporation, plans to hire approximately 300 new agents at its Mobile contact center by the end of 2005 to meet increasing demand for accounts receivable management services. The new hires will serve corporate clients within the Government and Consumer sectors.
The Company is hosting job fairs to attract potential applicants and training sessions for new employees throughout the year. These agents will manage accounts for West Asset Management?s Government and Consumer groups? clients and work directly with their account holders to collect or set up payment options for past due accounts.
?We are very pleased to maintain West Corporation?s presence in Mobile with our new West Asset Management contact center,? stated Jim Richards, President of West Asset Management. ?Using this site for West Asset Management will help us fulfill our clients? growing needs for effective, high quality receivables management services. We are ramping up quickly to help service our growing client base.?
Agents will receive competitive base compensation, an uncapped bonus plan, and a full-line of benefits based on their employment status. The Company urges interested individuals to submit an online application at www.westemployment.com
West Asset Management?s parent company, West Corporation, has been in the accounts receivable industry for the past three years after acquiring Attention LLC in 2002. Following the 2004 acquisition of Worldwide Companies, West Corporation rolled out its new accounts receivable management division, West Asset Management, in early 2005. West Asset Management is now one of the largest collections companies in the United States, offering a range of services including First Party Collections, Third Party Collections, Debt Purchasing and Legal Services. In addition to Consumer and Government, West Asset Management also has Commercial and Healthcare service groups.
Editor’s Note: West Corporation recently raised earnings guidance for its Receivables Management division in a press release announcing the acquisition of Sprint’s conferencing services. West claimed that there was an increase in demand for receivables management services. The company had previously expected $185-200 million from the Receivables Management unit. It now expects revenues of $200-215 million.