Collections Manager Jobs in Denver, CO
A Collections Manager in the banking industry is responsible for overseeing the collection of debt owed by customers. This primarily involves managing a team of collections agents, setting collection goals, creating and implementing strategic plans to achieve these goals, and ensuring compliance with federal and state laws and regulations. They also liaise with other departments, such as customer service and legal departments, to resolve issues related to delinquent accounts. Other responsibilities may include creating and monitoring budgets, generating reports on collection activities, and training staff.
Collections Managers must possess strong leadership, communication, and analytical skills. They should also be proficient in various collections software and have a thorough understanding of collection laws and regulations. In terms of certification, while not always required, a Certified Credit Executive (CCE) or Certified Receivables Compliance Professional (CRCP) certification can enhance credibility and employability. Prior positions that could lead to a role as a Collections Manager include Collections Agent, Collections Supervisor, or Credit Analyst.
Issue default and demand letters, monitor compliance with workout terms, and initiate collection activities as needed....
Demographic Data for Denver, CO
Moving to Denver, CO? Find some basic demographic data about Denver, CO below.
Collections Manager Online Courses and Training Opportunities
Salary for Collections Manager Jobs in Denver, CO
Required or preferred licenses and certifications for Collections Manager positions.
Highest Education Level
Collections Managers in Denver, CO offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Collections Manager position
- Billing
- Systems Applications & Products
- NetSuite
- Enterprise Resource Planning
- Automated Clearing House
- Cash Forecasting
- Appraisal
- Reconciliations
- Customer Retention
- Resolution
- Real Estate
- Accounts Receivable
- Forecasting
- Finance
- Strategy Development
- Collections
- Process Improvement
- Accounting
- Decision Making
- Written Communication
- Negotiation
- Auditing
- Documentation
- Employee Development
- Bachelor's Degree
- Coaching
- Reporting
- Regulations
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Research Skills
- Staff Supervision
- Organization
- Customer Service
- Leadership
- Communication Skills
Other Career Titles
Here are some other career titles that require similar skills
Collections Manager 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 »