Collections Specialist Jobs in Inkster, MI

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.

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Collections Analyst

  • Detroit, MI (13 miles from Inkster, MI)
  • 15 days ago
  • Detroit, MI (13 miles from Inkster, MI)
  • 15 days ago

Collections Analyst POST NUMBER: 423681 Detroit, MI, US On-Site September 11th, 2024 Law Firms & Legal Services Vaco $ 25.00 - 40.00 hourly contractor The Collections Analyst will monitor accounts...

Collections Specialist Remote

  • Detroit, MI (13 miles from Inkster, MI)
  • 16 days ago
  • Detroit, MI (13 miles from Inkster, MI)
  • 16 days ago

JOB DETAILS Job Details Collections Specialist Remote Job Code Number 283218795 Job Description Who We AreServiceMac is a new sub-servicing entity backed by some of the leading practitioners of the...

Remote Work

Collections Analyst (Temp)

  • Detroit, MI (13 miles from Inkster, MI)
  • 22 days ago
  • Detroit, MI (13 miles from Inkster, MI)
  • 22 days ago

Collections Analyst (Temp) Accounting Detroit, Michigan Contract Oct 2, 2024 Job Title: Collections Analyst - Law Firm/Accounts Receivable Location: Detroit, MI Pay: $25 - $30/hr Schedule:...

Demographic Data for Inkster, MI

Moving to Inkster, MI? Find some basic demographic data about Inkster, MI below.


Local
National
26,088
208
Medium

Collections Specialist Online Courses and Training Opportunities

iHireBanking curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
Paediatric Dentistry for Non-Specialists
This course aims to provide you with the practical advice and guidance you need to treat childrens dental issues and emergencies, achieving excellent results. Apart from various treatment options,...
Data Creation and Collection for Artificial Intelligence via Crowdsourcing
A one-stop shop to get started on the key considerations about data for AI! Learn how crowdsourcing offers a viable means to leverage human intelligence at scale for data creation, enrichment and...
Flow Data Collections Specialist Superbadge
Conquer the Flow Data Collections Specialist credential with our guidance. Learn flow collections and optimize data efficiently. This module includes the following lessons: Flow Collections and...

Salary for Collections Specialist Jobs in Inkster, MI

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireBanking research efforts.

Highest Education Level

Collections Specialists in Inkster, MI offer the following education background
Bachelor's Degree
33.5%
High School or GED
23.7%
Associate's Degree
14.8%
Vocational Degree or Certification
11.6%
Master's Degree
11.0%
Some College
3.5%
Doctorate Degree
1.3%
Some High School
0.5%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Collections Specialists in Inkster, MI
Less than 1 year
49.4%
2-4 years
27.6%
1-2 years
19.0%
None
3.3%
4-6 years
0.4%
10+ years
0.3%



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