Collections Specialist Jobs in Waverly, 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.
- Maple Grove, MN (23 miles from Waverly, MN)
- 9 hours ago
- Maple Grove, MN (23 miles from Waverly, MN)
- 9 hours ago
Are you a natural problem-solver with a knack for communication? If so, we want you on our team as a Collection Agent in Maple Grove! Youll be responsible for managing and resolving past-due...
Demographic Data for Waverly, MN
Moving to Waverly, MN? Find some basic demographic data about Waverly, MN below.
Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Waverly, MN
Highest Education Level
Collections Specialists in Waverly, 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
- Business Correspondence
- Invoicing
- Reconciliation
- NetSuite
- Pivot Tables
- Electronic Data Interchange
- Navision
- Cash Applications
- Enterprise Resource Planning
- VLOOKUP
- Consumer Lending
- Lending
- BSA
- Account Maintenance
- Automated Clearing House
- Mortgage Processing
- Credit Analysis
- Loan Servicing
- Mortgage Servicing
- Financial Operations
- Anti-Money Laundering
- Account Reconciliation
- Payment Processing
- Reconciliations
- Resolution
- Accounts Receivable
- Systems Applications & Products
- Collections
- Inbound/Outbound Calling
- Finance
- Accounting
- Customer Relations
- High School Diploma
- Written Communication
- Investigation
- Negotiation
- Microsoft Outlook
- Verbal Communication
- Telephone Skills
- Interpersonal Skills
- Collaboration
- Documentation
- Reporting
- Filing
- Regulations
- Policy Development
- Multitasking
- Microsoft Office
- Sales
- Problem Solving
- Microsoft Excel
- Time Management
- Research Skills
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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