Collections Specialist Jobs in Deerfield, 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.
Business Credit Control Specialist
- Chicago, IL (21 miles from Deerfield, IL)
- 13 hours ago
- Chicago, IL (21 miles from Deerfield, IL)
- 13 hours 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...
Credit and Collections Analyst
- Lincolnshire, IL (2 miles from Deerfield, IL)
- 7 days ago
- Lincolnshire, IL (2 miles from Deerfield, IL)
- 7 days ago
Accountable for working directly with customers, finance, sales and customer service to process credit applications, collect accounts receivable, manage and resolve deductions and handle other...
CashNetUSA Collections Representative (Remote)
- Chicago, IL (21 miles from Deerfield, IL)
- 8 days ago
- Chicago, IL (21 miles from Deerfield, IL)
- 8 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 Deerfield, IL)
- 8 days ago
- Chicago, IL (21 miles from Deerfield, IL)
- 8 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 Deerfield, IL)
- 16 days ago
- Chicago, IL (21 miles from Deerfield, IL)
- 16 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 Deerfield, IL
Moving to Deerfield, IL? Find some basic demographic data about Deerfield, IL below.
Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Deerfield, IL
Highest Education Level
Collections Specialists in Deerfield, 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
- Sage Peachtree
- Reconciliation
- NetSuite
- Accounting Management
- Prioritizing
- Payment Posting
- Cash Applications
- Enterprise Resource Planning
- VLOOKUP
- Education Experience
- Reimbursement
- Audit Support
- Consumer Lending
- Lending
- BSA
- Account Maintenance
- Automated Clearing House
- Credit Underwriting
- Mortgage Processing
- Credit Analysis
- Loan Servicing
- Mortgage Servicing
- Financial Operations
- Account Reconciliation
- Payment Processing
- Reconciliations
- 10 Key
- Resolution
- Accounts Receivable
- Finance
- Inbound/Outbound Calling
- Collections
- Customer Relations
- Accounting
- High School Diploma
- Negotiation
- Verbal Communication
- Investigation
- Written Communication
- Microsoft Outlook
- Telephone Skills
- Collaboration
- Documentation
- Interpersonal Skills
- Filing
- Regulations
- Reporting
- Policy Development
- Sales
- Multitasking
- Microsoft Office
- Problem Solving
- Microsoft Excel
- Time Management
- Research Skills
- Teamwork
- Organization
- Customer Service
- Scheduling
- 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 »