Collections Specialist Jobs in Berwyn, 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 and Collections Specialist
- Oak Brook, IL (7 miles from Berwyn, IL)
- 4 days ago
- Oak Brook, IL (7 miles from Berwyn, IL)
- 4 days ago
Credit and Collections Specialist Department: Accounting & Finance Employment Type: Full Time Location: Oak Brook, IL Description ASC Engineered Solutions is looking for a Accounts Receivable Specialist...
- Hinsdale, IL (7 miles from Berwyn, IL)
- 14 days ago
- Hinsdale, IL (7 miles from Berwyn, IL)
- 14 days ago
Job Title: Collections Specialist Department: Early-Stage Collections Reports To: Collections Team Lead, Officer FLSA Status: Non-Exempt (Hourly) Essential Duties and Responsibilities include the following...
- Chicago, IL (8 miles from Berwyn, IL)
- 28 days ago
- Chicago, IL (8 miles from Berwyn, IL)
- 28 days ago
An Account Resolution Agent will play a crucial role in managing and resolving early-stage delinquent accounts. This position requires excellent communication skills, a strong understanding of...
Billing & Collections Specialist - JR29797-3800
- Chicago, IL (8 miles from Berwyn, IL)
- 30+ days ago
- Chicago, IL (8 miles from Berwyn, IL)
- 30+ days ago
**Job Summary**The Billing and Collections Specialist is responsible for activitiesassociated with billing and collecting payments associated withsponsored projects at the University of Chicago....
- Northbrook, IL (20 miles from Berwyn, IL)
- 90+ days ago
- Northbrook, IL (20 miles from Berwyn, IL)
- 90+ days ago
To be Chicagos Bank and Wisconsin's Bank, we need to reflect that diversity both in all the communities we serve, the people we employ, the organizations we work with, and our banking and lending practices...
Demographic Data for Berwyn, IL
Moving to Berwyn, IL? Find some basic demographic data about Berwyn, IL below.
Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Berwyn, IL
Highest Education Level
Collections Specialists in Berwyn, IL offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Collections Specialist position
- Billing
- Systems Applications & Products
- Microsoft Exchange
- Invoicing
- Reconciliation
- Punctual
- Accounting Management
- Events
- Cash Applications
- Compensation and Benefits
- Reimbursement
- Audit Support
- Consumer Lending
- Lending
- Account Maintenance
- Automated Clearing House
- Cash Forecasting
- Mortgage Processing
- Mortgage Servicing
- Credit Analysis
- Loan Servicing
- Account Reconciliation
- Payment Processing
- Reconciliations
- Customer Retention
- Resolution
- Accounts Receivable
- Strategy Development
- Finance
- Inbound/Outbound Calling
- Collections
- Salesforce
- Accounting
- High School Diploma
- Auditing
- Microsoft Outlook
- Written Communication
- Investigation
- Telephone Skills
- Negotiation
- Documentation
- Data Analysis
- Regulations
- Reporting
- Policy Development
- Sales
- Problem Solving
- Teamwork
- Microsoft Excel
- Microsoft Office
- Research Skills
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
Other Career Titles
Here are some other career titles that require similar skills
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