Collections Specialist Jobs in Maryland
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.
190 - Special Assets - Collection Specialist Job Reporting Relationships Supervised by: Special Assets Manager Supervises: None Basic Qualifications Education/Training: A high school diploma or equivalent...
Credit and Collections Specialist Job at in Glen Burnie, MD Position: Credit and Collections Specialist Company: Job Location(s): Glen Burnie, MD Start Date: ASAP Special NotesInstructions: If a resume...
Position Overview** The Credit & Collections Specialist is a highly independent role with limited management oversight....
Remote Workterms of the loan contract, depending on the feasibility and applicability of each case if initial recovery attempts do not secure required payment; extends due dates or refers customers to proper lending...
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 Maryland
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Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Maryland
Highest Education Level
Collections Specialists in Maryland offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Collections Specialist position
- Billing
- Systems Applications & Products
- Microsoft Exchange
- Interviewing
- Invoicing
- Reconciliation
- Punctual
- Accounting Management
- Events
- Cash Applications
- Compensation and Benefits
- Reimbursement
- Audit Support
- Consumer Lending
- Lending
- Account Maintenance
- Automated Clearing House
- Mortgage Servicing
- Credit Analysis
- Loan Servicing
- Account Reconciliation
- Payment Processing
- Reconciliations
- Customer Retention
- Resolution
- Accounts Receivable
- Inbound/Outbound Calling
- Strategy Development
- Finance
- Collections
- Salesforce
- Analytical Skills
- Accounting
- High School Diploma
- Auditing
- Microsoft Outlook
- Investigation
- Negotiation
- Written Communication
- Telephone Skills
- Data Analysis
- Documentation
- Regulations
- Reporting
- Policy Development
- Sales
- Problem Solving
- Teamwork
- Microsoft Excel
- Microsoft Office
- Research Skills
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
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