Collections Specialist Jobs in Edison, NJ
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
- Red Bank, NJ (20 miles from Edison, NJ)
- 1 day ago
- Red Bank, NJ (20 miles from Edison, NJ)
- 1 day ago
We are seeking a detail-oriented and proactive Credit and Collections Specialist to join our team in Red Bank, NJ....
Billing & Collections Coordinator - Temp Position
- Eatontown, NJ (23 miles from Edison, NJ)
- 2 days ago
- Eatontown, NJ (23 miles from Edison, NJ)
- 2 days ago
Overview Our team members are the heart of what makes us better. At Hackensack Meridian Health we help our patients live better, healthier lives and we help one another to succeed. With a culture...
Accounts Receivable/collections Coordinator
- Piscataway, NJ (4 miles from Edison, NJ)
- 2 days ago
- Piscataway, NJ (4 miles from Edison, NJ)
- 2 days ago
Aston Carter Accounts Receivable/collections Coordinator in Piscataway , New Jersey Job Title: Accounts Receivable/Collections Coordinator Job Description We are seeking an experienced accounts...
Credit And Collections Specialist
- Piscataway, NJ (4 miles from Edison, NJ)
- 2 days ago
- Piscataway, NJ (4 miles from Edison, NJ)
- 2 days ago
Job Type: Credit & Collections Specialist Location: Piscataway, NJ Compensation: $25-26/hr A leading freight-forwarding company is seeking an experience Credit & Collections Specialist to join their...
- Red Bank, NJ (20 miles from Edison, NJ)
- 9 days ago
- Red Bank, NJ (20 miles from Edison, NJ)
- 9 days ago
Kaseya is the leading provider of complete IT infrastructure and security management solutions for Managed Service Providers (MSPs) and internal IT organizations worldwide powered by AI. Kaseya's...
Demographic Data for Edison, NJ
Moving to Edison, NJ? Find some basic demographic data about Edison, NJ below.
Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Edison, NJ
Highest Education Level
Collections Specialists in Edison, NJ 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
- VLOOKUP
- Trial Balance
- Reimbursement
- Financial Statement Analysis
- Consumer Lending
- Lending
- Account Maintenance
- Automated Clearing House
- Mortgage Processing
- Loan Servicing
- Credit Analysis
- Mortgage Servicing
- Financial Services
- Account Reconciliation
- Payment Processing
- Reconciliations
- Resolution
- 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
Other Career Titles
Here are some other career titles that require similar skills
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