Collections Manager Jobs in New York
A Collections Manager in the banking industry is responsible for overseeing the collection of debt owed by customers. This primarily involves managing a team of collections agents, setting collection goals, creating and implementing strategic plans to achieve these goals, and ensuring compliance with federal and state laws and regulations. They also liaise with other departments, such as customer service and legal departments, to resolve issues related to delinquent accounts. Other responsibilities may include creating and monitoring budgets, generating reports on collection activities, and training staff.
Collections Managers must possess strong leadership, communication, and analytical skills. They should also be proficient in various collections software and have a thorough understanding of collection laws and regulations. In terms of certification, while not always required, a Certified Credit Executive (CCE) or Certified Receivables Compliance Professional (CRCP) certification can enhance credibility and employability. Prior positions that could lead to a role as a Collections Manager include Collections Agent, Collections Supervisor, or Credit Analyst.
Job Title Accounts Receivable Manager Job Description Summary Dedicated to one clients portfolio this positions responsibilities include all areas of monthly billing and collection. Accurate...
Demographic Data for New York
Moving to New York? Find some basic demographic data about New York below.
Collections Manager Online Courses and Training Opportunities
Salary for Collections Manager Jobs in New York
Highest Education Level
Collections Managers in New York offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Collections Manager position
- File Management
- Billing
- Employee Benefits
- Invoicing
- Reconciliation
- Account Reconciliation
- Reconciliations
- Cash Management
- Resolution
- Business Administration
- Accounts Receivable
- Finance
- Collections
- Process Improvement
- Accounting
- Prioritizing
- Auditing
- Written Communication
- Mentoring
- Coaching
- Documentation
- Interpersonal Skills
- Bachelor's Degree
- Filing
- Reporting
- Sales
- Regulations
- Microsoft PowerPoint
- Policy Development
- Microsoft Excel
- Microsoft Office
- Problem Solving
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
Other Career Titles
Here are some other career titles that require similar skills
Collections Manager Related Career Advice Articles
How to Decide Between Investment Banking and Commercial Banking
Many finance professionals begin the career planning phase by taking some time to figure out whether they want to pursue commercial banking or investment banking. While both career paths can reap great rewards, each comes with a different set of responsibilities and skills. Here is a breakdown of some of the factors that separate careers in investment and commercial banking to consider.
Read article »