Collections Specialist Jobs in Schaumburg, 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.
- Chicago, IL (23 miles from Schaumburg, IL)
- 3 days ago
- Chicago, IL (23 miles from Schaumburg, IL)
- 3 days ago
Enova operates multiple consumer lending brands, each with distinct offerings and customer criteria....
- Aurora, IL (19 miles from Schaumburg, IL)
- 6 days ago
- Aurora, IL (19 miles from Schaumburg, 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 (23 miles from Schaumburg, IL)
- 9 days ago
- Chicago, IL (23 miles from Schaumburg, 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...
Sr. Credit & Collections Analyst
- Deerfield, IL (14 miles from Schaumburg, IL)
- 11 days ago
- Deerfield, IL (14 miles from Schaumburg, IL)
- 11 days ago
About Justrite Safety Group At Justrite Safety Group, we're more than just a collection of industrial safety companies; we're a dynamic organization dedicated to protecting people, property, and...
Collections Agent (Must Live in IL)
- Chicago, IL (23 miles from Schaumburg, IL)
- 12 days ago
- Chicago, IL (23 miles from Schaumburg, 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 WorkCollections Rep. - 10:00am to 7:00pm Northbrook, IL
- Northbrook, IL (13 miles from Schaumburg, IL)
- 13 days ago
- Northbrook, IL (13 miles from Schaumburg, IL)
- 13 days ago
To be Chicago's 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...
CashNetUSA Collections Representative (Remote)
- Chicago, IL (23 miles from Schaumburg, IL)
- 13 days ago
- Chicago, IL (23 miles from Schaumburg, IL)
- 13 days ago
#BI-Remote #LI-Remote About the role: Enova operates multiple consumer lending brands, each with distinct offerings and customer criteria....
Remote WorkSenior Collections Officer (Temp)
- Chicago, IL (23 miles from Schaumburg, IL)
- 15 days ago
- Chicago, IL (23 miles from Schaumburg, 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...
- Chicago, IL (23 miles from Schaumburg, IL)
- 17 days ago
- Chicago, IL (23 miles from Schaumburg, 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 |...
- Cicero, IL (21 miles from Schaumburg, IL)
- 30+ days ago
- Cicero, IL (21 miles from Schaumburg, 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 (23 miles from Schaumburg, IL)
- 30+ days ago
- Chicago, IL (23 miles from Schaumburg, 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...
- Northbrook, IL (13 miles from Schaumburg, IL)
- 30+ days ago
- Northbrook, IL (13 miles from Schaumburg, IL)
- 30+ days ago
To be Chicago's 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...
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...
- Wilmette, IL (18 miles from Schaumburg, IL)
- 45+ days ago
- Wilmette, IL (18 miles from Schaumburg, IL)
- 45+ days ago
Wintrust operates more than 200 retail banking locations through 16 community bank subsidiaries in the greater Chicago, southern Wisconsin, west Michigan, northwest Indiana, and southwest Florida market...
Demographic Data for Schaumburg, IL
Moving to Schaumburg, IL? Find some basic demographic data about Schaumburg, IL below.
Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Schaumburg, IL
Highest Education Level
Collections Specialists in Schaumburg, IL offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Collections Specialist position
- Billing
- Employee Benefits
- Invoicing
- Reconciliation
- Medicaid
- Revenue Cycle
- Great Plains
- Accounting Software
- Cash Applications
- VLOOKUP
- Trial Balance
- Reimbursement
- Financial Statement Analysis
- Consumer Lending
- Lending
- Account Maintenance
- Automated Clearing House
- Mortgage Processing
- Loan Servicing
- Credit Analysis
- Mortgage Servicing
- Financial Services
- Account Reconciliation
- Payment Processing
- Reconciliations
- Resolution
- Accounts Receivable
- Referrals
- Finance
- Inbound/Outbound Calling
- Collections
- Accounting
- Customer Relations
- High School Diploma
- Prioritizing
- Investigation
- Negotiation
- Microsoft Outlook
- Verbal Communication
- Telephone Skills
- Written Communication
- Documentation
- Filing
- Reporting
- Sales
- Regulations
- Multitasking
- Policy Development
- Microsoft Excel
- Microsoft Office
- Problem Solving
- Bilingual
- Time Management
- Research Skills
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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