Collections Specialist Jobs in Fort Meade, 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.
Accounts Receivable Collections Analyst
- Baltimore, MD (16 miles from Fort Meade, MD)
- 11 days ago
- Baltimore, MD (16 miles from Fort Meade, MD)
- 11 days ago
Accounts Receivable Collections Analyst About Us Formed in 1924 Cowan Systems is a subsidiary of Schneider headquartered in Baltimore MD and enjoys a history of excellence and quality in the...
- North Bethesda, MD (19 miles from Fort Meade, MD)
- 14 days ago
- North Bethesda, MD (19 miles from Fort Meade, MD)
- 14 days ago
Collections Coordinator Who are we looking for? Choice Hotels, one of the worlds largest lodging franchisors, has an exciting new opportunity as our Collections Coordinator in the Credit to Cash...
Real Estate Accounts Receivable/Collections Specialist
- Washington, DC (19 miles from Fort Meade, MD)
- 23 days ago
- Washington, DC (19 miles from Fort Meade, MD)
- 23 days ago
package; exempt role - 40 hours/week UIP Property Management has an exciting opportunity for an Account Receivable/Collections Specialist to join our growing team....
Digitization & Collections Analyst
- Washington, DC (19 miles from Fort Meade, MD)
- 30+ days ago
- Washington, DC (19 miles from Fort Meade, MD)
- 30+ days ago
Digitization & Collections Analyst Washington-Arlington-Alexandria Metro Area, District of Columbia Type: Contract Category: Information Technology Salary: 50.00 Per Hour Reference ID: 10005864...
- North Bethesda, MD (19 miles from Fort Meade, MD)
- 60+ days ago
- North Bethesda, MD (19 miles from Fort Meade, MD)
- 60+ 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...
Demographic Data for Fort Meade, MD
Moving to Fort Meade, MD? Find some basic demographic data about Fort Meade, MD below.
Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Fort Meade, MD
Highest Education Level
Collections Specialists in Fort Meade, MD 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
- Accounting Management
- Claims
- Pivot Tables
- Cash Applications
- Enterprise Resource Planning
- VLOOKUP
- Trial Balance
- Education Experience
- Reimbursement
- Mortgage 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 »