Collections Specialist Jobs in Brampton, ON
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 & Collections Specialist - 12 Month Contract
- Mississauga, ON (9 miles from Brampton, ON)
- 4 days ago
- Mississauga, ON (9 miles from Brampton, ON)
- 4 days ago
About the Opportunity Set and track collection objectives; follow up with clients on overdue accounts through calls and emails. Resolve payment issues and discrepancies to ensure timely, accurate...
Credit & Collections Analyst - OCI (Bilingual Preferred)
- Richmond Hill, ON (19 miles from Brampton, ON)
- 6 days ago
- Richmond Hill, ON (19 miles from Brampton, ON)
- 6 days ago
Working Location: ONTARIO, RICHMOND HILL Workplace Flexibility: Hybrid For more than 100 years, Olympus has focused on making peoples lives healthier, safer and more fulfilling. Every day, we live...
Credit & Collections Coordinator (Full Time) Brampton, ON
- Brampton, ON
- 20 days ago
- Brampton, ON
- 20 days ago
Credit & Collections Coordinator (Full Time) Brampton, ON Primary Purpose Reporting to the Manager, Credit & Collections, the Credit & Collection Specialist will be an integral member for the Accounts...
Credit and Collections Specialist
- Mississauga, ON (9 miles from Brampton, ON)
- 27 days ago
- Mississauga, ON (9 miles from Brampton, ON)
- 27 days ago
Randstad is searching for a Credit and Collections Specialist for one of our thriving Mississauga clients....
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Toronto/BC - Collections Representative - Referrals Only
- Toronto, ON (18 miles from Brampton, ON)
- 30+ days ago
- Toronto, ON (18 miles from Brampton, ON)
- 30+ days ago
Overview Work Location: Toronto, Ontario or New Westminster, BC Compensation: $16.55-$19.61 per hour depending on experience Our offices are located at: Toronto 1100-325 Milner Ave Scarborough,...
Specialist, Collections & Recoveries
- Toronto, ON (18 miles from Brampton, ON)
- 30+ days ago
- Toronto, ON (18 miles from Brampton, ON)
- 30+ days ago
The Specialist, Collections & Recoveries contributes to the overall success of the Collections vertical by building an in-house solution to manage the Recoveries lifecycle. Key deliverables...
Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Brampton, ON
Highest Education Level
Collections Specialists in Brampton, ON offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Collections Specialist position
- Billing
- Systems Applications & Products
- Microsoft Exchange
- Interviewing
- Invoicing
- Reconciliation
- Punctual
- Events
- Pivot Tables
- Cash Applications
- VLOOKUP
- Compensation and Benefits
- Audit Support
- Consumer Lending
- Lending
- Account Maintenance
- Automated Clearing House
- Cash Forecasting
- Mortgage Processing
- Credit Analysis
- Wire Transfers
- Loan Servicing
- Financial Operations
- Account Reconciliation
- Payment Processing
- Reconciliations
- Customer Retention
- Resolution
- Accounts Receivable
- Finance
- Strategy Development
- Collections
- Inbound/Outbound Calling
- Salesforce
- Accounting
- High School Diploma
- Written Communication
- Verbal Communication
- Auditing
- Telephone Skills
- Negotiation
- Documentation
- Data Analysis
- Reporting
- Regulations
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Research Skills
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
Other Career Titles
Here are some other career titles that require similar skills
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