Collections Specialist Jobs in Riverwoods, 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.
Associate Credit & Collections Analyst
- Chicago, IL (21 miles from Riverwoods, IL)
- 1 day ago
- Chicago, IL (21 miles from Riverwoods, IL)
- 1 day ago
You may not know our name, but you know our products. What we make is part the places where we live, work and play all day, everyday. Zekelman is a family of companies 100% domestic manufacturers...
CashNetUSA Outbound Collections Representative (Remote)
- Chicago, IL (21 miles from Riverwoods, IL)
- 15 days ago
- Chicago, IL (21 miles from Riverwoods, 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 WorkCashNetUSA Collections Representative (Remote)
- Chicago, IL (21 miles from Riverwoods, IL)
- 20 days ago
- Chicago, IL (21 miles from Riverwoods, IL)
- 20 days ago
#BI-Remote #LI-Remote About the role: Enova operates multiple consumer lending brands, each with distinct offerings and customer criteria....
Remote WorkOutbound Collections Representative (Remote)
- Chicago, IL (21 miles from Riverwoods, IL)
- 23 days ago
- Chicago, IL (21 miles from Riverwoods, IL)
- 23 days ago
lending brands, each with distinct offerings and customer criteria....
Remote WorkNetCredit Outbound Collections Representative (Remote)
- Chicago, IL (21 miles from Riverwoods, IL)
- 28 days ago
- Chicago, IL (21 miles from Riverwoods, IL)
- 28 days ago
#BI-Remote #LI-Remote About the role: Enova operates multiple consumer lending brands, each with distinct offerings and customer criteria....
Remote WorkSenior Credit & Collections Analyst
- Lake Zurich, IL (8 miles from Riverwoods, IL)
- 29 days ago
- Lake Zurich, IL (8 miles from Riverwoods, IL)
- 29 days ago
Job Summary The Senior Credit & Collections Analyst plays an integral role in supporting Fresenius Kabi's order to cash cycle within Finance. By teaming up with internal and external stakeholders,...
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...
Sr. B2B Credit Analyst, Global Process Owner
- Chicago, IL (21 miles from Riverwoods, IL)
- 30+ days ago
- Chicago, IL (21 miles from Riverwoods, IL)
- 30+ days ago
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 (10 miles from Riverwoods, IL)
- 60+ days ago
- Rolling Meadows, IL (10 miles from Riverwoods, 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...
Demographic Data for Riverwoods, IL
Moving to Riverwoods, IL? Find some basic demographic data about Riverwoods, IL below.
Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Riverwoods, IL
Highest Education Level
Collections Specialists in Riverwoods, 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
- Reconciliation
- Month-End Close
- Account Analysis
- NetSuite
- Pivot Tables
- Electronic Data Interchange
- Ariba
- Cash Applications
- Enterprise Resource Planning
- VLOOKUP
- Education Experience
- Reimbursement
- Financial Statement Analysis
- Consumer Lending
- Lending
- Loan Documentation
- Credit Underwriting
- Account Maintenance
- Automated Clearing House
- Freddie Mac
- Fannie Mae
- Mortgage Processing
- Loan Servicing
- Credit Analysis
- Account Reconciliation
- Reconciliations
- Resolution
- Accounts Receivable
- Finance
- Inbound/Outbound Calling
- Collections
- Listening
- Customer Relations
- High School Diploma
- Microsoft Outlook
- Negotiation
- Written Communication
- Documentation
- Accounting
- Verbal Communication
- Telephone Skills
- Investigation
- Collaboration
- Reporting
- Interpersonal Skills
- Policy Development
- Filing
- Regulations
- Multitasking
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Sales
- Research Skills
- Teamwork
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
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