Collections Specialist Jobs in Bannockburn, IL
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.
Credit & Collections Specialist
- Buffalo Grove, IL (3 miles from Bannockburn, IL)
- 2 days ago
- Buffalo Grove, IL (3 miles from Bannockburn, IL)
- 2 days ago
Credit & Collections Specialist REFER A FRIEND A well-established manufacturing company in Buffalo Grove, IL is looking to add a Senior Credit & Collections Specialist to their accounting team....
- Vernon Hills, IL (5 miles from Bannockburn, IL)
- 5 days ago
- Vernon Hills, IL (5 miles from Bannockburn, IL)
- 5 days ago
Must be in the office on Wednesdays Hours: Monday - Friday 7:30am - 4:00pm Skills & Qualifications -HS Diploma or GED -2 years of corporate experience within financial services or retail banking experience...
- Chicago, IL (21 miles from Bannockburn, IL)
- 17 days ago
- Chicago, IL (21 miles from Bannockburn, IL)
- 17 days ago
Since 1952, Lawson Products has worked hard to make our customers' jobs easier by improving their operational efficiency, productivity and overall performance. As a leader in the MRO industry, we...
Billing & Collections Coordinator
- Chicago, IL (21 miles from Bannockburn, IL)
- 17 days ago
- Chicago, IL (21 miles from Bannockburn, IL)
- 17 days ago
You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of...
- Rolling Meadows, IL (10 miles from Bannockburn, IL)
- 20 days ago
- Rolling Meadows, IL (10 miles from Bannockburn, IL)
- 20 days ago
Introduction Indulge your passion for problem-solving and embrace the thrill of addressing risk head-on at Gallagher's global brokerage team. Join a family of diverse minds, united by a relentless...
Business Credit Control Specialist
- Chicago, IL (21 miles from Bannockburn, IL)
- 21 days ago
- Chicago, IL (21 miles from Bannockburn, IL)
- 21 days ago
Were building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing whats right for our clients. At CIBC, we embrace your...
CashNetUSA Collections Representative (Remote)
- Chicago, IL (21 miles from Bannockburn, IL)
- 29 days ago
- Chicago, IL (21 miles from Bannockburn, IL)
- 29 days ago
#BI-Remote #LI-Remote About the role: Enova operates multiple consumer lending brands, each with distinct offerings and customer criteria....
Remote Work- Chicago, IL (21 miles from Bannockburn, IL)
- 29 days ago
- Chicago, IL (21 miles from Bannockburn, IL)
- 29 days ago
Credit/Collections Analyst Department: Finance Location: Remote (work from home) In State Candidates Only Salary: $0 - $0 Per Hour Employment Type: Regular Full Time Shift: 1st Shift Scheduled...
Remote WorkCollections Agent - WFH (Must Live in IL)
- Chicago, IL (21 miles from Bannockburn, IL)
- 30+ days ago
- Chicago, IL (21 miles from Bannockburn, IL)
- 30+ days ago
Collections Agent - Work from Home** Must live in Utah, Illinois, Indiana, Missouri, Iowa, Wisconsin, or Wyoming $18.00/hr to $21.00/hr (depending on experience) plus Monthly Bonuses up to...
Remote WorkDemographic Data for Bannockburn, IL
Moving to Bannockburn, IL? Find some basic demographic data about Bannockburn, IL below.
Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Bannockburn, IL
Highest Education Level
Collections Specialists in Bannockburn, IL 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
- Month-End Close
- NetSuite
- Pivot Tables
- Electronic Data Interchange
- Navision
- Cash Applications
- Enterprise Resource Planning
- VLOOKUP
- Consumer Lending
- Lending
- BSA
- Account Maintenance
- Automated Clearing House
- Mortgage Processing
- Credit Analysis
- Financial Services
- Loan Servicing
- Mortgage Servicing
- Anti-Money Laundering
- Account Reconciliation
- Payment Processing
- Reconciliations
- Resolution
- Accounts Receivable
- Collections
- Inbound/Outbound Calling
- Finance
- Accounting
- Customer Relations
- High School Diploma
- Written Communication
- Investigation
- Negotiation
- Microsoft Outlook
- Verbal Communication
- Telephone Skills
- Interpersonal Skills
- Collaboration
- Documentation
- Reporting
- Filing
- Regulations
- Policy Development
- Multitasking
- Microsoft Office
- Sales
- Problem Solving
- Microsoft Excel
- Bilingual
- Time Management
- Research Skills
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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