Collections Specialist Jobs in Ellicott City, MD
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.
- Westminster, MD (22 miles from Ellicott City, MD)
- 6 days ago
- Westminster, MD (22 miles from Ellicott City, MD)
- 6 days ago
Collections Analyst Information Pay Range (Grade): Hourly Rate $25.34 - $40.54 (C10) Other Compensation Offered: Overtime, Compensatory Time Employment Type: Full-Time, 40 hours per week...
Collections Analyst - Department of the Comptroller / Collections
- Westminster, MD (22 miles from Ellicott City, MD)
- 7 days ago
- Westminster, MD (22 miles from Ellicott City, MD)
- 7 days ago
The Collection Analyst plays a crucial role in the processing of tax billing and collection for Carroll County Government. You will process all adjustments per SDAT and prepare monthly reports for...
- North Bethesda, MD (22 miles from Ellicott City, MD)
- 30+ days ago
- North Bethesda, MD (22 miles from Ellicott City, MD)
- 30+ days ago
Who are we looking for? Choice Hotels, one of the worlds largest lodging franchisors, has an exciting new opportunity as our Collections Analyst in the Collections Department. The Collections...
Associate Billing & Collections Specialist
- Columbia, MD (6 miles from Ellicott City, MD)
- 90+ days ago
- Columbia, MD (6 miles from Ellicott City, MD)
- 90+ days ago
At Globus Medical, we move with a sense of urgency to deliver innovations that improve the quality of life of patients with musculoskeletal disorders. Our team is inspired by the needs of these...
Demographic Data for Ellicott City, MD
Moving to Ellicott City, MD? Find some basic demographic data about Ellicott City, MD below.
Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Ellicott City, MD
Highest Education Level
Collections Specialists in Ellicott City, MD 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
- Enterprise Resource Planning
- VLOOKUP
- Trial Balance
- Reimbursement
- Financial Statement Analysis
- Consumer Lending
- Lending
- Account Maintenance
- Automated Clearing House
- Mortgage Processing
- Loan Servicing
- Credit Analysis
- Mortgage Servicing
- Account Reconciliation
- Payment Processing
- Reconciliations
- Resolution
- Real Estate
- 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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