Collections Specialist Jobs in Tinley Park, 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
- Chicago, IL (24 miles from Tinley Park, IL)
- 1 day ago
- Chicago, IL (24 miles from Tinley Park, IL)
- 1 day 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...
- Chicago, IL (24 miles from Tinley Park, IL)
- 5 days ago
- Chicago, IL (24 miles from Tinley Park, IL)
- 5 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...
Billing & Collections Specialist - JR29797-3800
- Chicago, IL (24 miles from Tinley Park, IL)
- 11 days ago
- Chicago, IL (24 miles from Tinley Park, IL)
- 11 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....
Billing and Collections Specialist
- Chicago, IL (24 miles from Tinley Park, IL)
- 19 days ago
- Chicago, IL (24 miles from Tinley Park, IL)
- 19 days ago
Awesome Direct Hire opening for a remote Billing and Collections Specialist with an established manufacturing company!...
Remote WorkDemographic Data for Tinley Park, IL
Moving to Tinley Park, IL? Find some basic demographic data about Tinley Park, IL below.
Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Tinley Park, IL
Highest Education Level
Collections Specialists in Tinley Park, 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
Collections Specialist Related Career Advice Articles

How to Decide Between Investment Banking and Commercial Banking
Many finance professionals begin the career planning phase by taking some time to figure out whether they want to pursue commercial banking or investment banking. While both career paths can reap great rewards, each comes with a different set of responsibilities and skills. Here is a breakdown of some of the factors that separate careers in investment and commercial banking to consider.
Read article »