Collections Specialist Jobs in Chicago, 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.
CashNetUSA Outbound Collections Representative (Remote)
- Chicago, IL
- 2 days ago
- Chicago, IL
- 2 days ago
#BI-Remote #LI-Remote About the role: Enova operates multiple consumer lending brands, each with distinct offerings and customer criteria....
Remote WorkCredit & Collections Specialist
- Carol Stream, IL (24 miles from Chicago, IL)
- 5 days ago
- Carol Stream, IL (24 miles from Chicago, IL)
- 5 days ago
The successful Credit & Collections Specialist must be able to multi-task, while instinctively readjusting efforts to focus on high-priority tasks....
#BI-Remote #LI-Remote About the role: Enova operates multiple consumer lending brands, each with distinct offerings and customer criteria....
Remote Worklending brands, each with distinct offerings and customer criteria....
Remote WorkNetCredit Outbound Collections Representative (Remote)
- Chicago, IL
- 15 days ago
- Chicago, IL
- 15 days ago
#BI-Remote #LI-Remote About the role: Enova operates multiple consumer lending brands, each with distinct offerings and customer criteria....
Remote Work#BI-Remote #LI-Remote About the role: Enova operates multiple consumer lending brands, each with distinct offerings and customer criteria....
Remote Work- Lisle, IL (23 miles from Chicago, IL)
- 20 days ago
- Lisle, IL (23 miles from Chicago, IL)
- 20 days ago
Your Job Molex is seeking a contribution minded Collections Analyst to join our global Collections Team. This position will engage, challenge, and provide fulfilment to a candidate with initiative...
Credit & Collections Specialist
- Deerfield, IL (21 miles from Chicago, IL)
- 24 days ago
- Deerfield, IL (21 miles from Chicago, IL)
- 24 days ago
The Contribution You'll bring to this Role: The Collections Specialist has the primary responsibility for serving our Chemical Safety, Jobsite Safety (Checkers) and Facility Safety (NoTrax) businesses...
This is a hybrid position and you must be located in, or willing to relocate to, Dallas or Chicago for the position. About the Role The Sr. Business Process Analyst, GPO will own Uber's Order to...
- Rolling Meadows, IL (22 miles from Chicago, IL)
- 60+ days ago
- Rolling Meadows, IL (22 miles from Chicago, IL)
- 60+ 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...
- Downers Grove, IL (20 miles from Chicago, IL)
- 90+ days ago
- Downers Grove, IL (20 miles from Chicago, IL)
- 90+ days ago
As a Collections Analyst at Corcentric, you will join a driven, ambitious team within an entrepreneurial global organization. As a technology-enabled Managed Services provider, we specialize in...
Credit and Collections Specialist
- Oak Brook, IL (15 miles from Chicago, IL)
- 90+ days ago
- Oak Brook, IL (15 miles from Chicago, IL)
- 90+ 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 (15 miles from Chicago, IL)
- 90+ days ago
- Hinsdale, IL (15 miles from Chicago, IL)
- 90+ 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...
Demographic Data for Chicago, IL
Moving to Chicago, IL? Find some basic demographic data about Chicago, IL below.
Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Chicago, IL
Highest Education Level
Collections Specialists in Chicago, IL offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Collections Specialist position
- Billing
- Spreadsheets
- Invoicing
- Reconciliation
- Month-End Close
- General Accounting
- NetSuite
- Pivot Tables
- Cash Applications
- Enterprise Resource Planning
- VLOOKUP
- JD Edwards
- Education Experience
- Financial Statement Analysis
- Consumer Lending
- Lending
- Loan Documentation
- Credit Underwriting
- BSA
- Account Maintenance
- Automated Clearing House
- Mortgage Processing
- Loan Servicing
- Credit Analysis
- Account Reconciliation
- Reconciliations
- Resolution
- Accounts Receivable
- Collections
- Inbound/Outbound Calling
- Finance
- High School Diploma
- Customer Relations
- Accounting
- Microsoft Outlook
- Negotiation
- Written Communication
- Documentation
- Verbal Communication
- Telephone Skills
- Investigation
- Reporting
- Collaboration
- Filing
- Interpersonal Skills
- Policy Development
- Microsoft PowerPoint
- Regulations
- Multitasking
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Sales
- Time Management
- Research Skills
- Teamwork
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
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