Collections Specialist Jobs in Michigan
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.
Job Type Full-time Description Collection Specialist I Non-Exempt Grade Level 4 Equal Employment Opportunity Corporate Values & Mission Provide superior service, quality advice and show our utmost respect...
Work with Commercial Lenders to identify alternatives to resolve problem loan situations....
Collections Specialist SPOC Remote Job Code Number 287670860 Job Description Who We AreServiceMac is a new sub-servicing entity backed by some of the leading practitioners of the mortgage servicing...
Remote WorkCredit and Collections Analyst Job Description The Credit & Collections Analyst will support the Accounting team by extending credit and collecting payments from customers. They will pull...
Student Billing Specialist Collections Coordinator
- University Center, MI
- 27 days ago
- University Center, MI
- 27 days ago
Position Title: Student Billing Specialist Collections Coordinator Employee Group: Support Division/Department: Finance Status: Full-Time Starting Salary: $19.94 -- $22.13 per hour, commensurate...
JOB DETAILS Job Details Collections Specialist Remote Job Code Number 283218795 Job Description Who We AreServiceMac is a new sub-servicing entity backed by some of the leading practitioners of the...
Remote WorkCollections Analyst (Temp) Accounting Detroit, Michigan Contract Oct 2, 2024 Job Title: Collections Analyst - Law Firm/Accounts Receivable Location: Detroit, MI Pay: $25 - $30/hr Schedule:...
POSITION OVERVIEW MCI is a leading Business Process Outsourcing (BPO) company that specializes in delivering tailored solutions to meet the diverse needs of our clients. With a commitment to...
Demographic Data for Michigan
Moving to Michigan? Find some basic demographic data about Michigan below.
Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Michigan
Highest Education Level
Collections Specialists in Michigan 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
- Great Plains
- Accounting Software
- Cash Applications
- Enterprise Resource Planning
- VLOOKUP
- Trial Balance
- Reimbursement
- Mortgage Lending
- Consumer Lending
- Lending
- Account Maintenance
- Automated Clearing House
- Credit Underwriting
- Mortgage Processing
- Loan Servicing
- Credit Analysis
- Mortgage Servicing
- Account Reconciliation
- Payment Processing
- Reconciliations
- Resolution
- Real Estate
- Accounts Receivable
- Finance
- Inbound/Outbound Calling
- Collections
- Accounting
- Listening
- Customer Relations
- High School Diploma
- Prioritizing
- Investigation
- Negotiation
- Microsoft Outlook
- Verbal Communication
- Written Communication
- Telephone Skills
- Documentation
- Reporting
- Filing
- Sales
- Regulations
- Multitasking
- Policy Development
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Bilingual
- Time Management
- Organization
- Customer Service
- Research Skills
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
Other Career Titles
Here are some other career titles that require similar skills
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