Collections Specialist Jobs in Brooklyn Park, 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.
- Burnsville, MN (23 miles from Brooklyn Park, MN)
- 9 hours ago
- Burnsville, MN (23 miles from Brooklyn Park, MN)
- 9 hours ago
Lending document knowledge. PC experience including a general working knowledge of Microsoft Office, Internet, and E-mail equivalents. Strong verbal and written communication skills....
Collections Analyst - Minneapolis, MN
- Minneapolis, MN (7 miles from Brooklyn Park, MN)
- 16 days ago
- Minneapolis, MN (7 miles from Brooklyn Park, MN)
- 16 days ago
Who We Are: Fredrikson is the premier Midwest-based law firm working collaboratively to help businesses achieve their goals regionally, nationally, and globally. Overview: We are seeking a...
- Minneapolis, MN (7 miles from Brooklyn Park, MN)
- 20 days ago
- Minneapolis, MN (7 miles from Brooklyn Park, MN)
- 20 days ago
Inovalon was founded in 1998 on the belief that technology, and data specifically, would empower the transformation of the entire healthcare ecosystem for the better, improving both outcomes and...
- Minneapolis, MN (7 miles from Brooklyn Park, MN)
- 30+ days ago
- Minneapolis, MN (7 miles from Brooklyn Park, MN)
- 30+ days ago
Senior AR/Collections Analyst REQUISITION ID: 4655 Location: Minneapolis, MN Travel Requirement: No travel required Inovalon was founded in 1998 on the belief that technology, and data...
Demographic Data for Brooklyn Park, MN
Moving to Brooklyn Park, MN? Find some basic demographic data about Brooklyn Park, MN below.
Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Brooklyn Park, MN
Highest Education Level
Collections Specialists in Brooklyn Park, MN offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Collections Specialist position
- Billing
- Business Correspondence
- Sage Peachtree
- Reconciliation
- Accounting Management
- Prioritizing
- Pivot Tables
- Payment Posting
- Cash Applications
- Enterprise Resource Planning
- Education Experience
- Reimbursement
- Restructuring
- Consumer Lending
- Lending
- BSA
- Account Maintenance
- Credit Underwriting
- Automated Clearing House
- Mortgage Processing
- Credit Analysis
- Loan Servicing
- Mortgage Servicing
- Financial Operations
- Account Reconciliation
- Payment Processing
- Reconciliations
- 10 Key
- Resolution
- Accounts Receivable
- Finance
- Inbound/Outbound Calling
- Collections
- Analytical Skills
- Accounting
- High School Diploma
- Investigation
- Negotiation
- Microsoft Outlook
- Verbal Communication
- Telephone Skills
- Written Communication
- Collaboration
- Documentation
- Interpersonal Skills
- Filing
- Regulations
- Reporting
- Policy Development
- Sales
- Multitasking
- Microsoft Office
- Problem Solving
- Microsoft Excel
- Time Management
- Research Skills
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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