Collections Specialist Jobs in Lemont, IL

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.

1-10 of 10 Jobs

Collections Specialist

  • Chicago, IL (22 miles from Lemont, IL)
  • 4 days ago
  • Chicago, IL (22 miles from Lemont, IL)
  • 4 days ago

Enova operates multiple consumer lending brands, each with distinct offerings and customer criteria....

Credit/Collections Specialist

  • Aurora, IL (16 miles from Lemont, IL)
  • 6 days ago
  • Aurora, IL (16 miles from Lemont, IL)
  • 6 days ago

37081 | Credit/Collections Specialist Accounting/Finance Job Description Job Title: Credit/Collections Specialist Location: Aurora, IL Pay Range: $23-24/hour Benefits: Health, dental, and vision insurance...

Cash application/Collections Specialist

  • Chicago, IL (22 miles from Lemont, IL)
  • 9 days ago
  • Chicago, IL (22 miles from Lemont, IL)
  • 9 days ago

36371 | Cash application/Collections Specialist Accounting/Finance Job Description Job Title: Cash Applications/Collections Specialist Location: Chicago, IL Pay Range: 55k-65k Benefits: Health, Dental...

Collections Agent (Must Live in IL)

  • Chicago, IL (22 miles from Lemont, IL)
  • 12 days ago
  • Chicago, IL (22 miles from Lemont, IL)
  • 12 days ago

PrincePerelson & Associates Collections Agent (Must Live in IL) in Chicago , Illinois Collections Agent - Work from Home Must live in Utah, Illinois, Indiana, Missouri, Iowa, Wisconsin, or Wyoming...

Remote Work

CashNetUSA Collections Representative (Remote)

  • Chicago, IL (22 miles from Lemont, IL)
  • 14 days ago
  • Chicago, IL (22 miles from Lemont, IL)
  • 14 days ago

#BI-Remote #LI-Remote About the role: Enova operates multiple consumer lending brands, each with distinct offerings and customer criteria....

Remote Work

Senior Collections Officer (Temp)

  • Chicago, IL (22 miles from Lemont, IL)
  • 15 days ago
  • Chicago, IL (22 miles from Lemont, IL)
  • 15 days ago

This is a remote and full time temporary role with the possibility to convert to a permanent position. Job Overview: We are seeking a detail-oriented and experienced Senior Collections Officer to...

Aviation Network Technician I Collections Analyst Content Compliance Screener Content Screener Contract Manager Electrical Test Technician

  • Chicago, IL (22 miles from Lemont, IL)
  • 17 days ago
  • Chicago, IL (22 miles from Lemont, IL)
  • 17 days ago

at Anuvu in Chicago, Illinois, United States Job Description Title: Aviation Network Technician I | Collections Analyst | Content Compliance Screener | Content Screener | Contract Manager |...

Cash Application Associate

  • Cicero, IL (15 miles from Lemont, IL)
  • 30+ days ago
  • Cicero, IL (15 miles from Lemont, IL)
  • 30+ days ago

Overview The primary purpose of this position is to lead the payment application process by facilitating and reconciling collections brought in by sales and customers. This role will operate on...

Credit & Collections Associate

  • Chicago, IL (22 miles from Lemont, IL)
  • 30+ days ago
  • Chicago, IL (22 miles from Lemont, IL)
  • 30+ days ago

Overview The primary purpose of this position is to lead the payment application process by facilitating and reconciling collections brought in by sales and customers. This role will operate on...

Credit and Collections Specialist

  • Schaumburg, IL (24 miles from Lemont, IL)
  • 30+ days ago
  • Schaumburg, IL (24 miles from Lemont, IL)
  • 30+ days ago

Accounts Receivable / Credit & Collection Associate Location: Schaumburg, IL 60173 Job Type: Full-time Department: Credit and Collection Company Overview: Join our Credit & Collection team at a...

Demographic Data for Lemont, IL

Moving to Lemont, IL? Find some basic demographic data about Lemont, IL below.


Local
National
24,327
881
Medium

Collections Specialist Online Courses and Training Opportunities

iHireBanking curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
Flow Data Collections Specialist Superbadge
Conquer the Flow Data Collections Specialist credential with our guidance. Learn flow collections and optimize data efficiently. This module includes the following lessons: Flow Collections and...
Paediatric Dentistry for Non-Specialists
This course aims to provide you with the practical advice and guidance you need to treat childrens dental issues and emergencies, achieving excellent results. Apart from various treatment options,...
Data Creation and Collection for Artificial Intelligence via Crowdsourcing
A one-stop shop to get started on the key considerations about data for AI! Learn how crowdsourcing offers a viable means to leverage human intelligence at scale for data creation, enrichment and...

Salary for Collections Specialist Jobs in Lemont, IL

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireBanking research efforts.

Highest Education Level

Collections Specialists in Lemont, IL offer the following education background
Bachelor's Degree
33.5%
High School or GED
23.7%
Associate's Degree
14.8%
Vocational Degree or Certification
11.6%
Master's Degree
11.0%
Some College
3.5%
Doctorate Degree
1.3%
Some High School
0.5%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Collections Specialists in Lemont, IL
Less than 1 year
49.4%
2-4 years
27.6%
1-2 years
19.0%
None
3.3%
4-6 years
0.4%
10+ years
0.3%



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