Collections Specialist Jobs in Parsippany, 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.
Accounts Receivable Collections Coordinator
- Englewood Cliffs, NJ (23 miles from Parsippany, NJ)
- 1 day ago
- Englewood Cliffs, NJ (23 miles from Parsippany, NJ)
- 1 day ago
at LG Electronics USA, Inc. in Englewood Cliffs, New Jersey, United States Job Description Step into the innovative world of LG Electronics. As a global leader in technology, LG Electronics is...
Accounting/Collections Coordinator
- Brooklyn, NY (24 miles from Parsippany, NJ)
- 1 day ago
- Brooklyn, NY (24 miles from Parsippany, NJ)
- 1 day ago
Valrhona has been a pioneer and leader in the world of chocolate since 1922. We provide high-quality chocolates, with 100% traceable cacao sourced directly from farmers to professionals and...
Credit & Collections Specialist
- Ridgefield Park, NJ (20 miles from Parsippany, NJ)
- 6 days ago
- Ridgefield Park, NJ (20 miles from Parsippany, NJ)
- 6 days ago
Credit & Collections Specialist Job ID 129757 Job Type Contract Industry Manufacturing Location Ridgefield Park, New Jersey, United States Talascend is currently seeking a Credit & Collections Analyst...
Credit & Collections Specialist
- Rutherford, NJ (15 miles from Parsippany, NJ)
- 22 days ago
- Rutherford, NJ (15 miles from Parsippany, NJ)
- 22 days ago
Job Description We are currently seeking a Credit & Collections Specialist in Lyndhurst, NJ....
Billing & Collection Specialist (Hybrid RMA NY)
- New York, NY (22 miles from Parsippany, NJ)
- 45+ days ago
- New York, NY (22 miles from Parsippany, NJ)
- 45+ days ago
Billing & Collection Specialist (Hybrid RMA NY) Job Category: Non-Clinical Requisition Number: BILLI008744 ed: February 25, 2025 Full-Time Locations Showing 1 location New York, NY 10022, USA Job Details...
- New York, NY (23 miles from Parsippany, NJ)
- 60+ days ago
- New York, NY (23 miles from Parsippany, NJ)
- 60+ days ago
The Collections Specialist will also assist the Accounting department to reconcile billing issues or payment misapplications. Role Objectives Reviewing open accounts for collection efforts....
Demographic Data for Parsippany, NJ
Moving to Parsippany, NJ? Find some basic demographic data about Parsippany, NJ below.
Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Parsippany, NJ
Highest Education Level
Collections Specialists in Parsippany, NJ 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
- General Accounting
- Pivot Tables
- Cash Applications
- Enterprise Resource Planning
- VLOOKUP
- Trial Balance
- 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
- Verbal 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
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