Collections Specialist Jobs in Cicero, IN

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.

1-3 of 3 Jobs

Early Stage Collections Specialist, I (11am to 8pm shift)

  • Westfield, IN (9 miles from Cicero, IN)
  • 2 days ago
  • Westfield, IN (9 miles from Cicero, IN)
  • 2 days ago

The Early Stage Collections Specialist will be responsible for counseling borrowers on methods for bringing their loan current and/or exploring alternative solutions....

Credit & Collections Analyst I

  • Carmel, IN (13 miles from Cicero, IN)
  • 3 days ago
  • Carmel, IN (13 miles from Cicero, IN)
  • 3 days ago

Creating Peace of Mind by Pioneering Safety and Security At Allegion, we help keep the people you know and love safe and secure where they live, work and visit. With more than 30 brands, 12,000+...

Late Stage Collections Specialist I

  • Westfield, IN (9 miles from Cicero, IN)
  • 18 days ago
  • Westfield, IN (9 miles from Cicero, IN)
  • 18 days ago

The Late Stage Collection Specialist I will be responsible for counseling borrowers on methods for bringing their loan current and/or exploring alternative solutions....

Demographic Data for Cicero, IN

Moving to Cicero, IN? Find some basic demographic data about Cicero, IN below.


Local
National
7,316
159
Medium/Sm

Collections Specialist Online Courses and Training Opportunities

iHireBanking curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
Paediatric Dentistry for Non-Specialists
This course aims to provide you with the practical advice and guidance you need to treat childrens dental issues and emergencies, achieving excellent results. Apart from various treatment options,...
Data Creation and Collection for Artificial Intelligence via Crowdsourcing
A one-stop shop to get started on the key considerations about data for AI! Learn how crowdsourcing offers a viable means to leverage human intelligence at scale for data creation, enrichment and...
Akichi in Collections Management: Perspectives from a Japanese University Museum
In 2021, Keio University pioneered a new approach to collections management at its university museum, KeMCo. The museum opened up a creative akichi (an open space for community collections) and...

Salary for Collections Specialist Jobs in Cicero, IN

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireBanking research efforts.

Highest Education Level

Collections Specialists in Cicero, IN offer the following education background
Bachelor's Degree
33.6%
High School or GED
23.6%
Associate's Degree
14.7%
Vocational Degree or Certification
11.6%
Master's Degree
11.1%
Some College
3.5%
Doctorate Degree
1.3%
Some High School
0.5%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Collections Specialists in Cicero, IN
Less than 1 year
49.4%
2-4 years
27.6%
1-2 years
19.0%
None
3.3%
4-6 years
0.4%
10+ years
0.3%



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