Collections Specialist Jobs in Cos Cob, CT
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.
- Teaneck, NJ (24 miles from Cos Cob, CT)
- 1 day ago
- Teaneck, NJ (24 miles from Cos Cob, CT)
- 1 day ago
Collections Specialist Teaneck, NJ, USA Req #86 Wednesday, November 11, 2020 Company Introduction Interstate Waste Services is the most progressive and innovative provider of solid waste and recycling...
Accounts Receivable Collections Coordinator
- Englewood Cliffs, NJ (22 miles from Cos Cob, CT)
- 14 days ago
- Englewood Cliffs, NJ (22 miles from Cos Cob, CT)
- 14 days ago
at LG Electronics USA, Inc. in Englewood Cliffs, New Jersey, United States Job Description Step into the innovative world of LG Electronics. As a global leader in technology, LG Electronics is...
Demographic Data for Cos Cob, CT
Moving to Cos Cob, CT? Find some basic demographic data about Cos Cob, CT below.
Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Cos Cob, CT
Highest Education Level
Collections Specialists in Cos Cob, CT offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Collections Specialist position
- Billing
- Business Correspondence
- Invoicing
- Reconciliation
- General Accounting
- Pivot Tables
- Accounting Software
- Cash Applications
- Enterprise Resource Planning
- VLOOKUP
- Education Experience
- Reimbursement
- Consumer Lending
- Lending
- BSA
- Account Maintenance
- Automated Clearing House
- Cash Forecasting
- Mortgage Processing
- Credit Analysis
- Wire Transfers
- Loan Servicing
- Financial Operations
- Account Reconciliation
- Payment Processing
- Reconciliations
- Resolution
- Accounts Receivable
- Finance
- Collections
- Inbound/Outbound Calling
- Accounting
- High School Diploma
- Microsoft Outlook
- Written Communication
- Verbal Communication
- Investigation
- Prioritizing
- Telephone Skills
- Negotiation
- Documentation
- Interpersonal Skills
- Filing
- Reporting
- 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
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