Collections Specialist Jobs in Upton, MA
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.
$5,000 for capitalization and relevant equipment Job Requirements APPLICATION (DO NOT RESPOND THROUGH SCHOOL SPRING) APPLICATION PROCEDURES BELOWPlease email resume and cover letter via email to...
- Marlborough, MA (12 miles from Upton, MA)
- 30+ days ago
- Marlborough, MA (12 miles from Upton, MA)
- 30+ days ago
Insight Global is looking for 2 Credit Analysts to join the credit collections team at a global medical device client. This is a hybrid role, 3 days onsite, 2 days remote. These candidates will be...
Demographic Data for Upton, MA
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Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Upton, MA
Highest Education Level
Collections Specialists in Upton, MA 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
- Invoicing
- Reconciliation
- Punctual
- Accounting Management
- Events
- Cash Applications
- Compensation and Benefits
- Reimbursement
- Audit Support
- Consumer Lending
- Lending
- Account Maintenance
- Automated Clearing House
- Cash Forecasting
- Mortgage Servicing
- Credit Analysis
- Loan Servicing
- Financial Operations
- Account Reconciliation
- Payment Processing
- Reconciliations
- Customer Retention
- Resolution
- Accounts Receivable
- Strategy Development
- Finance
- Inbound/Outbound Calling
- Collections
- Salesforce
- Accounting
- High School Diploma
- Auditing
- Microsoft Outlook
- Written Communication
- Investigation
- Telephone Skills
- Negotiation
- Documentation
- Data Analysis
- 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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