Collections Specialist Jobs in Alabama
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.
Nexus Water Group is a leading regulated water and wastewater utility serving more than 1.3 million people across 20 U.S. states and 2 Canadian provinces. "Nexus" means connection. Through the...
Collections Specialist Overview SUMMARY: The collections Specialist reports to the Manager, Credit and Collections....
This is where you save and sustain lives At Baxter, we are deeply connected by our mission. No matter your role at Baxter, your work makes a positive impact on people around the world. Youll feel...
Demographic Data for Alabama
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Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Alabama
Highest Education Level
Collections Specialists in Alabama offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Collections Specialist position
- Billing
- Spreadsheets
- Business Correspondence
- Invoicing
- Reconciliation
- Month-End Close
- NetSuite
- Navision
- Payment Posting
- Cash Applications
- Enterprise Resource Planning
- JD Edwards
- Consumer Lending
- Lending
- Account Maintenance
- Fannie Mae
- Automated Clearing House
- Freddie Mac
- Mortgage Processing
- Credit Analysis
- Loan Servicing
- Mortgage Servicing
- Account Reconciliation
- Payment Processing
- Reconciliations
- Resolution
- Accounts Receivable
- Collections
- Inbound/Outbound Calling
- Finance
- Accounting
- Customer Relations
- High School Diploma
- Microsoft Outlook
- Written Communication
- Investigation
- Negotiation
- Verbal Communication
- Telephone Skills
- Documentation
- Interpersonal Skills
- Reporting
- Collaboration
- Policy Development
- Filing
- Regulations
- Multitasking
- Microsoft Office
- Problem Solving
- Microsoft Excel
- Sales
- Bilingual
- Time Management
- Research Skills
- Teamwork
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
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