Collections Specialist Jobs in Northbrook, 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.
Oracle CC&B Credit & Collections Analyst
- Oak Brook, IL (22 miles from Northbrook, IL)
- 18 hours ago
- Oak Brook, IL (22 miles from Northbrook, IL)
- 18 hours ago
Oracle CC&B Credit & Collections Analyst Location: mostly remotewith occasional on-site in Oakbrook, IL Company Overview Our utility company is seeking a detail-oriented Oracle CC&B Credit &...
- Hinsdale, IL (22 miles from Northbrook, IL)
- 2 days ago
- Hinsdale, IL (22 miles from Northbrook, IL)
- 2 days ago
Job Title: Collections Specialist Department: Early-Stage Collections Reports To: Collections Team Lead, Officer FLSA Status: Non-Exempt (Hourly) Essential Duties and Responsibilities include the following...
Collections Agent - WFH (Must Live in IL)
- Chicago, IL (17 miles from Northbrook, IL)
- 4 days ago
- Chicago, IL (17 miles from Northbrook, IL)
- 4 days ago
at PrincePerelson & Associates in Chicago, Illinois, United States Job Description Collections Agent - Work from Home Must live in Utah, Illinois, Indiana, Missouri, Iowa, Wisconsin, or Wyoming...
Remote Work- Chicago, IL (17 miles from Northbrook, IL)
- 16 days ago
- Chicago, IL (17 miles from Northbrook, IL)
- 16 days ago
An Account Resolution Agent will play a crucial role in managing and resolving early-stage delinquent accounts. This position requires excellent communication skills, a strong understanding of...
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Accounts Receivable Collections Coordinator
- South Barrington, IL (16 miles from Northbrook, IL)
- 22 days ago
- South Barrington, IL (16 miles from Northbrook, IL)
- 22 days ago
Accounts Receivable Collections Coordinator South Barrington, IL Office PRESENCE is a national, natural products broker and service provider that was born from a desire to work in a progressive,...
Billing & Collections Specialist - JR29797-3800
- Chicago, IL (17 miles from Northbrook, IL)
- 23 days ago
- Chicago, IL (17 miles from Northbrook, IL)
- 23 days ago
**Job Summary**The Billing and Collections Specialist is responsible for activitiesassociated with billing and collecting payments associated withsponsored projects at the University of Chicago....
- Schaumburg, IL (13 miles from Northbrook, IL)
- 30+ days ago
- Schaumburg, IL (13 miles from Northbrook, IL)
- 30+ days ago
Collections Analyst Schaumburg, IL, USA Req #291 Friday, March 21, 2025 Location: Schaumburg, IL (currently hybrid with up to 50% remote) Your mission in the finance team: At Touch T unes, your...
To be Chicagos Bank and Wisconsin's Bank, we need to reflect that diversity both in all the communities we serve, the people we employ, the organizations we work with, and our banking and lending practices...
Demographic Data for Northbrook, IL
Moving to Northbrook, IL? Find some basic demographic data about Northbrook, IL below.
Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Northbrook, IL
Highest Education Level
Collections Specialists in Northbrook, IL offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Collections Specialist position
- Billing
- Business Correspondence
- Invoicing
- Reconciliation
- General Accounting
- Pivot Tables
- Accounting Software
- Cash Applications
- Enterprise Resource Planning
- VLOOKUP
- Education Experience
- Reimbursement
- Consumer Lending
- Lending
- Federal Housing Administration
- BSA
- Account Maintenance
- Automated Clearing House
- Cash Forecasting
- Mortgage Processing
- Credit Analysis
- Wire Transfers
- Loan Servicing
- Financial Operations
- Account Reconciliation
- Payment Processing
- Reconciliations
- Resolution
- Accounts Receivable
- Finance
- Collections
- Inbound/Outbound Calling
- Accounting
- High School Diploma
- Microsoft Outlook
- Written Communication
- Verbal Communication
- Investigation
- Prioritizing
- Telephone Skills
- Negotiation
- Documentation
- Interpersonal Skills
- Filing
- Reporting
- Regulations
- Multitasking
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Bilingual
- Time Management
- Research Skills
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
Other Career Titles
Here are some other career titles that require similar skills
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