Collections Specialist Jobs in Chester, NY
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.
- Ramsey, NJ (20 miles from Chester, NY)
- 22 days ago
- Ramsey, NJ (20 miles from Chester, NY)
- 22 days ago
Collections Agent Full Time PRODUCTION Ramsey, NJ, US 2025-02-17T18:22:39.380Z 2 days ago Requisition ID: 1076 Radius Global Solutions LLC is currently hiring a 1st Party Debt Collector to join...
- Airmont, NY (16 miles from Chester, NY)
- 23 days ago
- Airmont, NY (16 miles from Chester, NY)
- 23 days ago
Responsibilities: Reach out to clients with outstanding balances to collect funds owed. Assist clients with questions about invoices, payments, and services provided. Must Haves: Experience with...
- Monsey, NY (18 miles from Chester, NY)
- 23 days ago
- Monsey, NY (18 miles from Chester, NY)
- 23 days ago
About the Role: We are seeking a Collections Specialist to join our Accounting Department....
- Middletown, NY (13 miles from Chester, NY)
- 45+ days ago
- Middletown, NY (13 miles from Chester, NY)
- 45+ days ago
Branch Collection Specialist Middletown, New York Overview Success Profile Benefits Consumer Lending Specialists listen to our customers' financial needs, then empower them with access to affordable...
Demographic Data for Chester, NY
Moving to Chester, NY? Find some basic demographic data about Chester, NY below.
Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Chester, NY
Highest Education Level
Collections Specialists in Chester, NY 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
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 »