Collections Specialist Jobs
A Collections Specialist in the banking industry is responsible for contacting customers with delinquent accounts, negotiating payments, and keeping accurate records of collections and payment activity. They play a crucial role in maintaining the financial health of the bank by minimizing bad debt losses, improving cash flow, and ensuring compliance with banking laws and regulations related to debt collection. They also liaise with legal departments or external agencies if necessary, to handle defaulted accounts or to resolve legal issues related to debt collection.
Important skills for a Collections Specialist include excellent communication and negotiation skills, attention to detail, familiarity with relevant legal and regulatory guidelines, and proficiency in using collections software. A certification such as Certified Receivables Compliance Professional (CRCP) or Certified Credit and Collections Specialist (CCCS) can enhance job prospects. This position often requires prior experience in roles such as Debt Collector, Customer Service Representative, or Credit Analyst, where one gains skills in dealing with customers, managing credit or collections, and understanding financial statements.
Overview Please Note: After the submission of your application, you will receive an email to complete a virtual interview via our online interviewing platform/tool, “Verint”. This online interview...
The Credit and Collections Specialist is responsible for the investigation and analysis of credit information while working within established guidelines....
Anticipated End Date: 2025-05-02 Position Title: Credit and Collections Specialist Senior Job Description: Credit and Collections Specialist Senior Location: This position will work within a hybrid...
As a Senior Credit and Collections Specialist, you will be responsible for maintaining and managing accounts receivable to guarantee timely and accurate processing of information....
Posting Number: 20250069NE Job Title: University Collections Coordinator Number of Vacancies: 1 About Murray State: Located in the West Kentucky region, Murray State University is a public,...
On occasion, the Collections Specialist may also be tasked to provide support for newly converted credit union inbound member calls....
Accounts Receivable Collections Coordinator
- Englewood Cliffs, NJ
- 8 hours ago
- Englewood Cliffs, NJ
- 8 hours ago
at LG Electronics USA, Inc. in Englewood Cliffs, New Jersey, United States Job Description Step into the innovative world of LG Electronics. As a global leader in technology, LG Electronics is...
Bilingual Loan Servicing Account Solutions Collections Specialist
- Houston, TX
- 8 hours ago
- Houston, TX
- 8 hours ago
Collections Specialist Thank you for your interest in a career at Regions....
Valrhona has been a pioneer and leader in the world of chocolate since 1922. We provide high-quality chocolates, with 100% traceable cacao sourced directly from farmers to professionals and...
Bilingual Spanish Credit & Collections Analyst
- San Antonio, TX
- 13 hours ago
- San Antonio, TX
- 13 hours ago
Timely cash collection of customer accounts, assessing credit worthiness, minimizing bad debts and ensuring contract compliance and/or recommending legal action. As a Credit & Collections Analyst...
Summary The Field Collections Agent is responsible for providing professional customer service while meeting revenue targets and performance objectives. This role involves conducting field...
Requires knowledge of lending documents, and investor policies and procedures. Advise borrowers regarding general knowledge of loss mitigation plans....
University Collections Coordinator Murray State University
- Murray, KY
- 17 hours ago
- Murray, KY
- 17 hours ago
Summary of Job Duties and Responsibilities: The University Collections Coordinator is responsible for the review, reporting and maintenance on all past due student accounts based on the guidance...
Application Deadline: 04/21/2025 Address: 2465 Argentia Road Job Family Group: Customer Shared Services Collaborates in the review and evaluation of delinquent, high risk, or written-off accounts...
Credit & Collections Analyst (Latin America) Location: Hybrid, Exton, PA Position Summary: Our Credit & Collections Team is seeking an analyst to cover Latin America based in the US and reporting...
Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs Nationwide
Highest Education Level
Collections Specialists offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Collections Specialist position
- Billing
- Systems Applications & Products
- Invoicing
- Reconciliation
- Month-End Close
- Account Analysis
- Pivot Tables
- Cash Applications
- Enterprise Resource Planning
- VLOOKUP
- Trial Balance
- Reimbursement
- Mortgage Lending
- Lending
- Account Maintenance
- Automated Clearing House
- Mortgage Processing
- Credit Analysis
- Mortgage Servicing
- Loan Servicing
- Financial Operations
- Account Reconciliation
- Payment Processing
- Reconciliations
- 10 Key
- Resolution
- Accounts Receivable
- Finance
- Inbound/Outbound Calling
- Collections
- Accounting
- Analytical Skills
- High School Diploma
- Decision Making
- Prioritizing
- Written Communication
- Verbal Communication
- Investigation
- Negotiation
- Microsoft Outlook
- Telephone Skills
- Documentation
- Reporting
- Interpersonal Skills
- Filing
- Regulations
- Multitasking
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Time Management
- Organization
- Customer Service
- Research Skills
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
Other Career Titles
Here are some other career titles that require similar skills
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