Collections Specialist Jobs in Coon Rapids, 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.
Job Title: Collection Manager Location: Coon Rapids, MN Job Type: FT Reports To: Regional CFO Job Summary: We are seeking a highly motivated and experienced Collections Manager to oversee AMM’s...
Collections Agent/ Accounts Receivable
- Osseo, MN (9 miles from Coon Rapids, MN)
- 30+ days ago
- Osseo, MN (9 miles from Coon Rapids, MN)
- 30+ days ago
Are you a natural problem-solver with a knack for communication? If so, we want you on our team as a Collections Agent/ Accounts Receivable in Maple Grove! Youll be responsible for managing and...
- Minneapolis, MN (12 miles from Coon Rapids, MN)
- 90+ days ago
- Minneapolis, MN (12 miles from Coon Rapids, MN)
- 90+ 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 Coon Rapids, MN
Moving to Coon Rapids, MN? Find some basic demographic data about Coon Rapids, MN below.
Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Coon Rapids, MN
Highest Education Level
Collections Specialists in Coon Rapids, 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
- NetSuite
- Pivot Tables
- Cash Applications
- Enterprise Resource Planning
- VLOOKUP
- JD Edwards
- Education Experience
- Financial Statement Analysis
- Consumer Lending
- Lending
- Loan Documentation
- Credit Underwriting
- Account Maintenance
- Automated Clearing House
- Mortgage Processing
- Loan Servicing
- Credit Analysis
- Account Reconciliation
- Reconciliations
- Payment Processing
- Resolution
- Accounts Receivable
- Collections
- Inbound/Outbound Calling
- Finance
- High School Diploma
- Customer Relations
- Accounting
- Microsoft Outlook
- Negotiation
- Written Communication
- Documentation
- Verbal Communication
- Telephone Skills
- Investigation
- Reporting
- Collaboration
- Filing
- Interpersonal Skills
- Policy Development
- Microsoft PowerPoint
- Regulations
- Multitasking
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Sales
- Time Management
- Research Skills
- Teamwork
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
Other Career Titles
Here are some other career titles that require similar skills
Collections Specialist Related Career Advice Articles

How to Decide Between Investment Banking and Commercial Banking
Many finance professionals begin the career planning phase by taking some time to figure out whether they want to pursue commercial banking or investment banking. While both career paths can reap great rewards, each comes with a different set of responsibilities and skills. Here is a breakdown of some of the factors that separate careers in investment and commercial banking to consider.
Read article »