Collections Specialist Jobs in Red Oak, TX

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.

1-8 of 8 Jobs

RAC Collections Agent - TX/AZ

  • Arlington, TX (21 miles from Red Oak, TX)
  • 19 hours ago
  • Arlington, TX (21 miles from Red Oak, TX)
  • 19 hours ago

Communicate regularly with branch lenders regarding the status of assigned accounts. Ensure all delinquent accounts are thoroughly worked and appropriate letters are sent to debtors....

Sr. Collections Analyst

  • Dallas, TX (18 miles from Red Oak, TX)
  • 2 days ago
  • Dallas, TX (18 miles from Red Oak, TX)
  • 2 days ago

Position Title: Senior Collections Analyst Location: Dallas, TX Your role The duties of the Senior Collections Analyst include collection calls and/or correspondence in a fast-paced, goal-oriented...

Collections Specialist (Remote)

  • Dallas, TX (18 miles from Red Oak, TX)
  • 2 days ago
  • Dallas, TX (18 miles from Red Oak, TX)
  • 2 days ago

Our Collections Specialist will be responsible for management of all accounts receivable balances, ensuring timely payments of all valid invoiced balances.....

Remote Work

Credit/Collections Specialist

  • Irving, TX (21 miles from Red Oak, TX)
  • 4 days ago
  • Irving, TX (21 miles from Red Oak, TX)
  • 4 days ago

McKesson is an impact-driven, Fortune 10 company that touches virtually every aspect of healthcare. We are known for delivering insights, products, and services that make quality care more...

Collections Analyst

  • Irving, TX (21 miles from Red Oak, TX)
  • 8 days ago
  • Irving, TX (21 miles from Red Oak, TX)
  • 8 days ago

Liquid Environmental Solutions is looking for a Collection Specialist to join our Irving office!...

Collections Analyst

  • Dallas, TX (18 miles from Red Oak, TX)
  • 9 days ago
  • Dallas, TX (18 miles from Red Oak, TX)
  • 9 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...

Collections Specialist

  • Dallas, TX (18 miles from Red Oak, TX)
  • 30+ days ago
  • Dallas, TX (18 miles from Red Oak, TX)
  • 30+ days ago

Collections Specialist Collections Specialist United States, TX, S&M At Fundbox our vision is to power the small business economy with innovative credit and payment solutions....

Inbound Toll Collections Agent (Entry-Level)

  • Dallas, TX (18 miles from Red Oak, TX)
  • 60+ days ago
  • Dallas, TX (18 miles from Red Oak, TX)
  • 60+ days ago

POSITION OVERVIEW MCI is a leading Business Process Outsourcing (BPO) company that specializes in delivering tailored solutions to meet the diverse needs of our clients. With a commitment to...

Demographic Data for Red Oak, TX

Moving to Red Oak, TX? Find some basic demographic data about Red Oak, TX below.


Local
National
45,894
549
Medium

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.
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...
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,...
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 Red Oak, TX

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

Highest Education Level

Collections Specialists in Red Oak, TX 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 Red Oak, TX
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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