Collections Specialist Jobs in Damascus, MD
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.
- Reston, VA (23 miles from Damascus, MD)
- 9 days ago
- Reston, VA (23 miles from Damascus, MD)
- 9 days ago
Overview IDEMIA is the global leader in identity and security. Our mission is to create a safe and simple future where identity verification is indisputable, and only you can assert your identity....
- North Bethesda, MD (17 miles from Damascus, MD)
- 18 days ago
- North Bethesda, MD (17 miles from Damascus, MD)
- 18 days ago
Collections Coordinator Who are we looking for? Choice Hotels, one of the worlds largest lodging franchisors, has an exciting new opportunity as our Collections Coordinator in the Credit to Cash...
- Westminster, MD (21 miles from Damascus, MD)
- 45+ days ago
- Westminster, MD (21 miles from Damascus, MD)
- 45+ days ago
Collections Analyst Information Pay Range (Grade): Hourly Rate $25.34 - $40.54 (C10) Other Compensation Offered: Overtime, Compensatory Time Employment Type: Full-Time, 40 hours per week...
Collections Analyst - Department of the Comptroller / Collections
- Westminster, MD (21 miles from Damascus, MD)
- 45+ days ago
- Westminster, MD (21 miles from Damascus, MD)
- 45+ days ago
The Collection Analyst plays a crucial role in the processing of tax billing and collection for Carroll County Government. You will process all adjustments per SDAT and prepare monthly reports for...
- Herndon, VA (23 miles from Damascus, MD)
- 60+ days ago
- Herndon, VA (23 miles from Damascus, MD)
- 60+ days ago
In the role as a Collections Specialist, team members recover past due payments on auto loans, credit cards, signature loans, lines of credit and negative savings accounts....
- North Bethesda, MD (17 miles from Damascus, MD)
- 60+ days ago
- North Bethesda, MD (17 miles from Damascus, MD)
- 60+ days ago
Who are we looking for? Choice Hotels, one of the worlds largest lodging franchisors, has an exciting new opportunity as our Collections Analyst in the Collections Department. The Collections...
Demographic Data for Damascus, MD
Moving to Damascus, MD? Find some basic demographic data about Damascus, MD below.
Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Damascus, MD
Highest Education Level
Collections Specialists in Damascus, MD offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Collections Specialist position
- Billing
- Invoicing
- Reconciliation
- Month-End Close
- Accounting Management
- Pivot Tables
- Cash Applications
- Enterprise Resource Planning
- VLOOKUP
- Trial Balance
- Education Experience
- Reimbursement
- Mortgage Lending
- Consumer Lending
- Lending
- BSA
- Account Maintenance
- Automated Clearing House
- Mortgage Processing
- Credit Analysis
- Mortgage Servicing
- Wire Transfers
- Loan Servicing
- Financial Operations
- Account Reconciliation
- Payment Processing
- Reconciliations
- 10 Key
- Resolution
- Accounts Receivable
- Finance
- Inbound/Outbound Calling
- Collections
- Analytical Skills
- Accounting
- High School Diploma
- Prioritizing
- Microsoft Outlook
- Written Communication
- Negotiation
- Telephone Skills
- Documentation
- Interpersonal Skills
- Reporting
- Filing
- Regulations
- Multitasking
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Bilingual
- Time Management
- Research Skills
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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