Collections Specialist Jobs in Afton, MN
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.
- Edina, MN (24 miles from Afton, MN)
- 1 day ago
- Edina, MN (24 miles from Afton, MN)
- 1 day ago
COME GROW WITH US!Excellent Promotion Opportunities!Radius Global Solutions is currently hiring Collectors/Call Center Agents to join our Team. APPLY TODAY to become part of a growing team and to...
Collections Specialist University of Minnesota Twin Cities
- Minneapolis, MN (22 miles from Afton, MN)
- 30+ days ago
- Minneapolis, MN (22 miles from Afton, MN)
- 30+ days ago
and proactive Collections Specialist to join the Controlleras Office....
Demographic Data for Afton, MN
Moving to Afton, MN? Find some basic demographic data about Afton, MN below.
Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Afton, MN
Highest Education Level
Collections Specialists in Afton, MN offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Collections Specialist position
- Billing
- Spreadsheets
- Invoicing
- Reconciliation
- Month-End Close
- General Accounting
- Pivot Tables
- Electronic Data Interchange
- Ariba
- Cash Applications
- Enterprise Resource Planning
- Education Experience
- Reimbursement
- Financial Statement Analysis
- Consumer Lending
- Lending
- Loan Documentation
- Credit Underwriting
- Account Maintenance
- Automated Clearing House
- Mortgage Processing
- Loan Servicing
- Credit Analysis
- Financial Statements
- Account Reconciliation
- Reconciliations
- Payment Processing
- Resolution
- Accounts Receivable
- Collections
- Inbound/Outbound Calling
- Finance
- High School Diploma
- Customer Relations
- Microsoft Outlook
- Negotiation
- Accounting
- 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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