Collections Specialist Jobs in Suitland, 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.
- Glen Echo, MD (15 miles from Suitland, MD)
- 8 days ago
- Glen Echo, MD (15 miles from Suitland, MD)
- 8 days ago
Job Opening: Patient Accounts Representative/Accounts Receivable We are seeking a skilled and detail-oriented Patient Accounts Representative/Accounts Receivable professional to join our team. The...
- Vienna, VA (17 miles from Suitland, MD)
- 10 days ago
- Vienna, VA (17 miles from Suitland, MD)
- 10 days ago
Collections Specialist Location: Vienna, VA 22180 Type: Contract Contractor Work Model: 1 day onsite, 4 days remote Job Description To review, control and collect on defaulted small business products...
Billing and Collections Coordinator
- Washington, DC (7 miles from Suitland, MD)
- 45+ days ago
- Washington, DC (7 miles from Suitland, MD)
- 45+ days ago
Candidate must have legal billing and 3E experience. Prepares and reviews invoices in customized formats as required by client/Billing Attorney. Based on client and Billing Attorney requirements,...
Demographic Data for Suitland, MD
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Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Suitland, MD
Highest Education Level
Collections Specialists in Suitland, MD 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
- General Accounting
- Pivot Tables
- Electronic Data Interchange
- Cash Applications
- Enterprise Resource Planning
- 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
- Regulations
- Multitasking
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Sales
- Microsoft Word
- Time Management
- Research Skills
- Teamwork
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
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