Collections Specialist Jobs

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.

1-15 of 272 Jobs

We do the right things, right now. We do them in a way that is relevant to our clients. Become a part of our history as it continues to be written! If you are interested and qualified for this...

Collections Agent

  • Norfolk, VA
  • 4 hours ago
  • Norfolk, VA
  • 4 hours ago

Life Protect 24/7 is searching for self-motivated, high-performing individuals with a desire to advocate for others, challenge themselves, and become leaders in recovering client accounts and...

Onsite Oracle CC&B Credit & Collections Analyst

  • Oak Brook, IL
  • 4 hours ago
  • Oak Brook, IL
  • 4 hours ago

Revenue Management Business Analyst Location: onsite in Oakbrook, IL Company Overview Our utility company is seeking a detail-oriented Revenue Management Business Analyst with Oracle CC&B...

Collections Analyst

  • Dartmouth, NS
  • 7 hours ago
  • Dartmouth, NS
  • 7 hours ago

About Avenir Energy Ltd. Avenir Energy Ltd. is one of Canadas largest and fastest-growing propane distribution companies. We are a fast-paced, customer-focused, field-based business with...

Customer Service, Collections Coordinator

  • Tempe, AZ
  • 7 hours ago
  • Tempe, AZ
  • 7 hours ago

Why GLS? Purpose : Access to affordable, reliable transportation is essential to leading productive work and personal lives, caring well for oneself, ones family, and the needs of others. Through...

Collections Specialist

  • San Jose, CA
  • 11 hours ago
  • San Jose, CA
  • 11 hours ago

Loan Adjustments Officer (Collections): At CommonWealth, we serve the financial needs of more than 40,000 people who live or work in Santa Clara County. We are seeking candidates who share our...

Senior Credit & Collections Analyst

  • Lewisville, TX
  • 12 hours ago
  • Lewisville, TX
  • 12 hours ago

Senior Credit & Collections Analyst Lewisville, TX, United States BE THE FIRST TO APPLY JOB DESCRIPTION Senior Level Position that will provide support and leadership in the area of Collections by...

Debt Management Specialist I

  • Norfolk, VA
  • 16 hours ago
  • Norfolk, VA
  • 16 hours ago

The individual must work effectively both individually and in team settings and is always willing to lend a hand when needed to complete shared tasks....

Collections Agent (10:30am-7pm EST)

  • Stow, OH
  • 16 hours ago
  • Stow, OH
  • 16 hours ago

10:30am - 7pm Shift ($400 monthly performance bonus guaranteed for the first 3 months) $17.00/hr + targeted commissions up to $10K This position is on a hybrid schedule and NO WEEKEND shifts....

Collections Coordinator

  • Irvine, CA
  • 16 hours ago
  • Irvine, CA
  • 16 hours ago

About This Role Responsible for ensuring that RGP receives payments from clients as close to contracted terms as possible. The duties include monitoring the respective AR Aging to identify...

Default Collections Analyst

  • Harrisburg, PA
  • 17 hours ago
  • Harrisburg, PA
  • 17 hours ago

PHEAA is a nonprofit student aid organization that holds a mission of providing affordable access to higher education. Give back tomorrow by joining us today! Salary: Grade 11, Commensurate with...

Loan & Collections Coordinator St. Catherine University

  • Saint Paul, MN
  • 21 hours ago
  • Saint Paul, MN
  • 21 hours ago

Loan & Collections Coordinator Division: Finance & Administration Department/Office: Student Accounts Advertisement: St. Catherine University invites applications for full-time Loan & Collections...

Carnegie Mellon University is a private, global research university that stands among the world's most renowned education institutions. With ground-breaking brain science, path-breaking...

Small Business Collections Representative

  • Canfield, OH
  • 1 day ago
  • Canfield, OH
  • 1 day ago

SUMMARY: The Small Business Collections Representative is primarily charged with resolving various delinquent accounts, including but not limited to commercial loans, commercial dealer loans,...

Collections Agent

  • Whiteville, NC
  • 1 day ago
  • Whiteville, NC
  • 1 day ago

Our client, is seeking a Collections Representative to join their team. As a Collections Agent, you will be part of the Collections Dept supporting Loan Services. The ideal candidate will have...

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
Complete the capstone assessment to earn the Flow Data Collections Specialist Superbadge. This module includes the following lessons: Flow Collections and Loops Superbadge Unit Flow Data...
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 Nationwide

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

Highest Education Level

Collections Specialists 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
11.1%
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
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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