Collections Specialist Jobs in O Fallon, 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.
Credit and Collections Specialist Senior
- Saint Louis, MO (15 miles from O Fallon, IL)
- 21 hours ago
- Saint Louis, MO (15 miles from O Fallon, IL)
- 21 hours ago
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...
- Saint Louis, MO (15 miles from O Fallon, IL)
- 5 days ago
- Saint Louis, MO (15 miles from O Fallon, IL)
- 5 days ago
Join Our Team as a Collections Analyst at GardaWorld Are you ready to take your career to the next level? Join GardaWorld, where we believe in empowering our team members to excel and grow...
- Saint Louis, MO (15 miles from O Fallon, IL)
- 6 days ago
- Saint Louis, MO (15 miles from O Fallon, IL)
- 6 days ago
Job Summary The Accounts Receivable Analyst is an entry-level position within the Accounts Receivable and Credit Department and functions as a key member of the Accounts Receivable team. The...
Collections Agent WFH - (Must Live in MO)
- Saint Louis, MO (15 miles from O Fallon, IL)
- 22 days ago
- Saint Louis, MO (15 miles from O Fallon, IL)
- 22 days ago
PrincePerelson & Associates Collections Agent WFH - (Must Live in MO) in St Louis , Missouri Collections Agent - Work from Home Must live in Utah, Illinois, Indiana, Missouri, Iowa, Wisconsin, or...
Remote Work- Pontoon Beach, IL (14 miles from O Fallon, IL)
- 60+ days ago
- Pontoon Beach, IL (14 miles from O Fallon, IL)
- 60+ days ago
Ready for a new career? Let us help you develop the skills you need for a successful career in the credit union industry Credit unions are not-for-profit organizations that exist to serve their...
Demographic Data for O Fallon, IL
Moving to O Fallon, IL? Find some basic demographic data about O Fallon, IL below.
Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in O Fallon, IL
Highest Education Level
Collections Specialists in O Fallon, IL offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Collections Specialist position
- Billing
- Invoicing
- Reconciliation
- Month-End Close
- Claims
- Pivot Tables
- Cash Applications
- Enterprise Resource Planning
- VLOOKUP
- Trial Balance
- Education Experience
- Reimbursement
- Mortgage Lending
- Consumer Lending
- Lending
- Account Maintenance
- Automated Clearing House
- Mortgage Processing
- Credit Analysis
- Mortgage Servicing
- Wire Transfers
- 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
- 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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