Collections Specialist Jobs in Ellisville, MO

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.

1-3 of 3 Jobs

Collections Analyst

  • Saint Louis, MO (19 miles from Ellisville, MO)
  • 8 days ago
  • Saint Louis, MO (19 miles from Ellisville, MO)
  • 8 days ago

At Armanino, you determine your career path. This means it's possible to pursue challenges you are passionate about, in industries you care about. Armanino is proud to be Among the top 20 Largest...

Credit & Collections Analyst

  • Chesterfield, MO (6 miles from Ellisville, MO)
  • 23 days ago
  • Chesterfield, MO (6 miles from Ellisville, MO)
  • 23 days ago

Summary: Manage credit and collections processes, ensuring efficient accounts receivable operations in a remote role supporting CST and EST time zones. Requirements: 4+ years of experience in...

Remote Work

Billing and Collections Coordinator

  • Clayton, MO (12 miles from Ellisville, MO)
  • 28 days ago
  • Clayton, MO (12 miles from Ellisville, MO)
  • 28 days ago

Must have legal billing and 3E experience. Prepares and reviews invoices in customized formats as required by client/Billing Attorney. Based on client and Billing Attorney requirements, performs...

Demographic Data for Ellisville, MO

Moving to Ellisville, MO? Find some basic demographic data about Ellisville, MO below.


Local
National
6,155,177
151,336

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,...
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...
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...

Salary for Collections Specialist Jobs in Ellisville, MO

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

Highest Education Level

Collections Specialists in Ellisville, MO 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 Ellisville, MO
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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