Collections Specialist Jobs in Rolling Meadows, 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 (22 miles from Rolling Meadows, IL)
- 2 days ago
- Chicago, IL (22 miles from Rolling Meadows, 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 (12 miles from Rolling Meadows, IL)
- 4 days ago
- Carol Stream, IL (12 miles from Rolling Meadows, IL)
- 4 days ago
The successful Credit & Collections Specialist must be able to multi-task, while instinctively readjusting efforts to focus on high-priority tasks....
CashNetUSA Collections Representative (Remote)
- Chicago, IL (22 miles from Rolling Meadows, IL)
- 7 days ago
- Chicago, IL (22 miles from Rolling Meadows, IL)
- 7 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 (22 miles from Rolling Meadows, IL)
- 10 days ago
- Chicago, IL (22 miles from Rolling Meadows, IL)
- 10 days ago
lending brands, each with distinct offerings and customer criteria....
Remote WorkNetCredit Outbound Collections Representative (Remote)
- Chicago, IL (22 miles from Rolling Meadows, IL)
- 15 days ago
- Chicago, IL (22 miles from Rolling Meadows, 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 WorkSenior Credit & Collections Analyst
- Lake Zurich, IL (9 miles from Rolling Meadows, IL)
- 15 days ago
- Lake Zurich, IL (9 miles from Rolling Meadows, IL)
- 15 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,...
NetCredit Collections Representative (Remote)
- Chicago, IL (22 miles from Rolling Meadows, IL)
- 16 days ago
- Chicago, IL (22 miles from Rolling Meadows, IL)
- 16 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
- Deerfield, IL (10 miles from Rolling Meadows, IL)
- 23 days ago
- Deerfield, IL (10 miles from Rolling Meadows, IL)
- 23 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...
Sr. B2B Credit Analyst, Global Process Owner
- Chicago, IL (22 miles from Rolling Meadows, IL)
- 27 days ago
- Chicago, IL (22 miles from Rolling Meadows, IL)
- 27 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...
- Naperville, IL (21 miles from Rolling Meadows, IL)
- 30+ days ago
- Naperville, IL (21 miles from Rolling Meadows, IL)
- 30+ days ago
Our client is looking for a Collections Specialist with advanced excel skills to join their team. Please contact us today to discuss this role!...
- Vernon Hills, IL (11 miles from Rolling Meadows, IL)
- 45+ days ago
- Vernon Hills, IL (11 miles from Rolling Meadows, IL)
- 45+ days ago
Must be in the office on Wednesdays Hours: Monday - Friday 7:30am - 4:00pm Skills & Qualifications -HS Diploma or GED -2 years of corporate experience within financial services or retail banking experience...
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 (18 miles from Rolling Meadows, IL)
- 90+ days ago
- Downers Grove, IL (18 miles from Rolling Meadows, 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 (19 miles from Rolling Meadows, IL)
- 90+ days ago
- Oak Brook, IL (19 miles from Rolling Meadows, 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 (19 miles from Rolling Meadows, IL)
- 90+ days ago
- Hinsdale, IL (19 miles from Rolling Meadows, 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 Rolling Meadows, IL
Moving to Rolling Meadows, IL? Find some basic demographic data about Rolling Meadows, IL below.
Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Rolling Meadows, IL
Highest Education Level
Collections Specialists in Rolling Meadows, 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
- Account Maintenance
- Automated Clearing House
- Mortgage Processing
- Loan Servicing
- Credit Analysis
- Account Reconciliation
- Reconciliations
- Payment Processing
- 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
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 »