Collections Specialist Jobs in Sherman Oaks, CA
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.
Senior Credit & Collections Specialist
- Pasadena, CA (16 miles from Sherman Oaks, CA)
- 7 days ago
- Pasadena, CA (16 miles from Sherman Oaks, CA)
- 7 days ago
Kforce has a client in Pasadena, CA that is seeking a Senior Credit & Collections Specialist....
- Pasadena, CA (16 miles from Sherman Oaks, CA)
- 14 days ago
- Pasadena, CA (16 miles from Sherman Oaks, CA)
- 14 days ago
Insight Global is looking for a Credit and Collections Specialist to join one of our largest construction clients sitting onsite in Los Angeles CA....
Collections Coordinator (Contract)
- Burbank, CA (7 miles from Sherman Oaks, CA)
- 18 days ago
- Burbank, CA (7 miles from Sherman Oaks, CA)
- 18 days ago
Collections Coordinator (Contract) Location CA, Burbank Department Accounting/Finance Employment Type Temporary Full Time - Contractor Crane Aerospace and Electronics has an exciting opportunity...
- Burbank, CA (7 miles from Sherman Oaks, CA)
- 23 days ago
- Burbank, CA (7 miles from Sherman Oaks, CA)
- 23 days ago
Crane Aerospace and Electronics has an exciting opportunity for a Collections Coordinator at our Burbank, CA location. About Crane: Crane Aerospace & Electronics supplies critical systems and...
Credit and Collections Specialist
- Los Angeles, CA (17 miles from Sherman Oaks, CA)
- 24 days ago
- Los Angeles, CA (17 miles from Sherman Oaks, CA)
- 24 days ago
Vaco LA is working with a client near El Segundo, Ca who is looking for a Credit and Collections Specialist to join their team....
- Downey, CA (23 miles from Sherman Oaks, CA)
- 60+ days ago
- Downey, CA (23 miles from Sherman Oaks, CA)
- 60+ days ago
Independent Judgement: The Collection Specialist will thoroughly understand department requirements and guidelines to properly assist borrowers....
Demographic Data for Sherman Oaks, CA
Moving to Sherman Oaks, CA? Find some basic demographic data about Sherman Oaks, CA below.
Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Sherman Oaks, CA
Highest Education Level
Collections Specialists in Sherman Oaks, CA offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Collections Specialist position
- Billing
- Reconciliation
- General Accounting
- Account Analysis
- Accounting Management
- Pivot Tables
- Cash Applications
- Enterprise Resource Planning
- VLOOKUP
- Trial Balance
- Education Experience
- Reimbursement
- Mortgage Lending
- Consumer Lending
- Lending
- Federal Housing Administration
- BSA
- Account Maintenance
- Automated Clearing House
- Mortgage Processing
- Credit Analysis
- Mortgage Servicing
- Wire Transfers
- Loan Servicing
- Financial Operations
- Account Reconciliation
- Payment Processing
- Reconciliations
- Resolution
- Accounts Receivable
- Finance
- Inbound/Outbound Calling
- Collections
- Accounting
- High School Diploma
- Prioritizing
- Microsoft Outlook
- Written Communication
- Verbal Communication
- Investigation
- Negotiation
- Telephone Skills
- Documentation
- Interpersonal Skills
- Reporting
- Filing
- Regulations
- Multitasking
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Bilingual
- Time Management
- Research Skills
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
Other Career Titles
Here are some other career titles that require similar skills
Collections Specialist 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 »