Collections Specialist Jobs in Oak Forest, 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.
Oracle CC&B Credit & Collections Analyst
- Oak Brook, IL (16 miles from Oak Forest, IL)
- 6 hours ago
- Oak Brook, IL (16 miles from Oak Forest, IL)
- 6 hours ago
Oracle CC&B Credit & Collections Analyst Location: mostly remotewith occasional on-site in Oakbrook, IL Company Overview Our utility company is seeking a detail-oriented Oracle CC&B Credit &...
- Hinsdale, IL (16 miles from Oak Forest, IL)
- 2 days ago
- Hinsdale, IL (16 miles from Oak Forest, IL)
- 2 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...
Collections Agent - WFH (Must Live in IL)
- Chicago, IL (21 miles from Oak Forest, IL)
- 3 days ago
- Chicago, IL (21 miles from Oak Forest, IL)
- 3 days ago
at PrincePerelson & Associates in Chicago, Illinois, United States Job Description Collections Agent - Work from Home Must live in Utah, Illinois, Indiana, Missouri, Iowa, Wisconsin, or Wyoming...
Remote WorkCredit and Collections Specialist Senior
- Chicago, IL (21 miles from Oak Forest, IL)
- 12 days ago
- Chicago, IL (21 miles from Oak Forest, IL)
- 12 days ago
Anticipated End Date: 2025-05-02 Position Title: Credit and Collections Specialist Senior Job Description: Credit and Collections Specialist Senior Location: This position will work within a hybrid...
- Chicago, IL (21 miles from Oak Forest, IL)
- 16 days ago
- Chicago, IL (21 miles from Oak Forest, IL)
- 16 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 (21 miles from Oak Forest, IL)
- 22 days ago
- Chicago, IL (21 miles from Oak Forest, IL)
- 22 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....
Demographic Data for Oak Forest, IL
Moving to Oak Forest, IL? Find some basic demographic data about Oak Forest, IL below.
Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Oak Forest, IL
Highest Education Level
Collections Specialists in Oak Forest, 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
- General Accounting
- Pivot Tables
- Accounting Software
- Cash Applications
- Enterprise Resource Planning
- VLOOKUP
- Education Experience
- Reimbursement
- Consumer Lending
- Lending
- BSA
- Account Maintenance
- Automated Clearing House
- Cash Forecasting
- Mortgage Processing
- Credit Analysis
- Wire Transfers
- Loan Servicing
- Financial Operations
- Account Reconciliation
- Payment Processing
- Reconciliations
- Resolution
- Accounts Receivable
- Finance
- Collections
- Inbound/Outbound Calling
- Accounting
- High School Diploma
- Microsoft Outlook
- Written Communication
- Verbal Communication
- Investigation
- Prioritizing
- Telephone Skills
- Negotiation
- Documentation
- Interpersonal Skills
- Filing
- Reporting
- Regulations
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Bilingual
- Time Management
- Research Skills
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
Other Career Titles
Here are some other career titles that require similar skills
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