Collections Specialist Jobs in Champlin, 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.
B2B Credit/Collections Specialist
- Minnetonka, MN (16 miles from Champlin, MN)
- 19 hours ago
- Minnetonka, MN (16 miles from Champlin, MN)
- 19 hours ago
As a Collections Specialist, you will manage delinquency levels of an assigned portfolio of accounts within the 30-89 day aging categories....
Loan & Collections Coordinator
- Saint Paul, MN (21 miles from Champlin, MN)
- 8 days ago
- Saint Paul, MN (21 miles from Champlin, MN)
- 8 days ago
Position Title Loan & Collections Coordinator Division Finance & Administration Department/Office Student Accounts Position Summary Information Advertisement St. Catherine University invites...
Loan & Collections Coordinator St. Catherine University
- Saint Paul, MN (21 miles from Champlin, MN)
- 10 days ago
- Saint Paul, MN (21 miles from Champlin, MN)
- 10 days ago
Loan & Collections Coordinator Division: Finance & Administration Department/Office: Student Accounts Advertisement: St. Catherine University invites applications for full-time Loan & Collections...
- Minneapolis, MN (14 miles from Champlin, MN)
- 18 days ago
- Minneapolis, MN (14 miles from Champlin, MN)
- 18 days ago
The Collections Analyst is responsible for the resolution and management of outstanding invoices and delinquent accounts. Works directly with clients to negotiate payment terms consistent with...
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Credit and Collections Specialist
- Eden Prairie, MN (18 miles from Champlin, MN)
- 30+ days ago
- Eden Prairie, MN (18 miles from Champlin, MN)
- 30+ days ago
Specialist at our Global Headquarters in Eden Prairie, MN....
Demographic Data for Champlin, MN
Moving to Champlin, MN? Find some basic demographic data about Champlin, MN below.
Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Champlin, MN
Highest Education Level
Collections Specialists in Champlin, 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
- Invoicing
- Reconciliation
- General Accounting
- Pivot Tables
- Accounting Software
- Cash Applications
- Enterprise Resource Planning
- VLOOKUP
- Education Experience
- Reimbursement
- Consumer Lending
- Lending
- BSA
- Account Maintenance
- Automated Clearing House
- Cash Forecasting
- Mortgage Processing
- Credit Analysis
- Wire Transfers
- Loan Servicing
- Financial Operations
- Account Reconciliation
- Payment Processing
- Reconciliations
- Resolution
- Accounts Receivable
- Finance
- Collections
- Inbound/Outbound Calling
- Accounting
- High School Diploma
- Microsoft Outlook
- Written Communication
- Verbal Communication
- Investigation
- Prioritizing
- Telephone Skills
- Negotiation
- Documentation
- Interpersonal Skills
- Filing
- Reporting
- Regulations
- Multitasking
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Bilingual
- Time Management
- Research Skills
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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