Collections Specialist Jobs in Lincolnwood, 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 Analyst
- Lincolnshire, IL (15 miles from Lincolnwood, IL)
- 1 day ago
- Lincolnshire, IL (15 miles from Lincolnwood, IL)
- 1 day 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 (8 miles from Lincolnwood, IL)
- 2 days ago
- Chicago, IL (8 miles from Lincolnwood, 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 Work- Chicago, IL (8 miles from Lincolnwood, IL)
- 2 days ago
- Chicago, IL (8 miles from Lincolnwood, IL)
- 2 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 (8 miles from Lincolnwood, IL)
- 10 days ago
- Chicago, IL (8 miles from Lincolnwood, IL)
- 10 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 Work- Downers Grove, IL (19 miles from Lincolnwood, IL)
- 20 days ago
- Downers Grove, IL (19 miles from Lincolnwood, IL)
- 20 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...
- Downers Grove, IL (19 miles from Lincolnwood, IL)
- 21 days ago
- Downers Grove, IL (19 miles from Lincolnwood, IL)
- 21 days ago
Our client, a leader in the financial services industry, is seeking a Senior Collections Analyst to join their team. As a Senior Collections Analyst, you will be part of the collections department...
Credit and Collections Specialist
- Oak Brook, IL (16 miles from Lincolnwood, IL)
- 25 days ago
- Oak Brook, IL (16 miles from Lincolnwood, IL)
- 25 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 (16 miles from Lincolnwood, IL)
- 30+ days ago
- Hinsdale, IL (16 miles from Lincolnwood, IL)
- 30+ 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 Lincolnwood, IL
Moving to Lincolnwood, IL? Find some basic demographic data about Lincolnwood, IL below.
Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Lincolnwood, IL
Highest Education Level
Collections Specialists in Lincolnwood, 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
- Interviewing
- Invoicing
- Reconciliation
- NetSuite
- Punctual
- Accounting Management
- Events
- Cash Applications
- Compensation and Benefits
- Restructuring
- Audit Support
- Consumer Lending
- Lending
- Account Maintenance
- Automated Clearing House
- Credit Underwriting
- Credit Analysis
- Loan Servicing
- Account Reconciliation
- Payment Processing
- Reconciliations
- Customer Retention
- Resolution
- Accounts Receivable
- Inbound/Outbound Calling
- Strategy Development
- Finance
- Collections
- Salesforce
- Accounting
- High School Diploma
- Negotiation
- Auditing
- Verbal Communication
- Written Communication
- Microsoft Outlook
- Telephone Skills
- Data Analysis
- Documentation
- Regulations
- Reporting
- Policy Development
- Sales
- Problem Solving
- 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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