Collections Specialist Jobs in Salt Lake City, UT

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.

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Home Improvement Financing Collections Representative

  • Salt Lake City, UT
  • 4 days ago
  • Salt Lake City, UT
  • 4 days ago

Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can...

Collections Agent (Must Live in UT)

  • Salt Lake City, UT
  • 5 days ago
  • Salt Lake City, UT
  • 5 days ago

Collections Agent - Work from Home Must live in Utah, Illinois, Indiana, Missouri, Iowa, Wisconsin, or Wyoming $18.00/hr to $21.00/hr (depending on experience) plus Monthly Bonuses up to...

Remote Work

Credit/Collections Specialist

  • American Fork, UT (19 miles from Salt Lake City, UT)
  • 6 days ago
  • American Fork, UT (19 miles from Salt Lake City, UT)
  • 6 days ago

This position is Remote Job Summary This position is responsible for making collection calls and reviewing and reducing accounts receivable accounts. Takes incoming calls from the billing queue...

Credit and Collections Specialist

  • Salt Lake City, UT
  • 9 days ago
  • Salt Lake City, UT
  • 9 days ago

Job Summary The Credit and Collections Specialist role is considered a time-sensitive position....

Donor Collection Specialist, Trainee

  • Sandy, UT (8 miles from Salt Lake City, UT)
  • 12 days ago
  • Sandy, UT (8 miles from Salt Lake City, UT)
  • 12 days ago

Will be required to pass the ARUP Donor Collection Specialist Examination within 9 months of hire....

Credit & Collections Specialist

  • Salt Lake City, UT
  • 22 days ago
  • Salt Lake City, UT
  • 22 days ago

Credit & Collections Specialist to join our team. Requirements: At least 5 years of collections experience including interaction with a large customer base. Some credit experience preferred....

Collections Specialist

  • Sandy, UT (8 miles from Salt Lake City, UT)
  • 30+ days ago
  • Sandy, UT (8 miles from Salt Lake City, UT)
  • 30+ days ago

Collections Specialist Sandy, UT, USA Req #532 Thursday, February 6, 2025 EnviroServe is looking for a motivated and organized Collections Specialist to join our team....

Senior Collections Representative

  • Salt Lake City, UT
  • 30+ days ago
  • Salt Lake City, UT
  • 30+ days ago

Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can...

Demographic Data for Salt Lake City, UT

Moving to Salt Lake City, UT? Find some basic demographic data about Salt Lake City, UT below.


Local
National
502,892
18,085
Large

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.
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,...
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...
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 Salt Lake City, UT

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

Highest Education Level

Collections Specialists in Salt Lake City, UT 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 Salt Lake City, UT
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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