Collections Specialist Jobs in White Bear Lake, 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.
- Minneapolis, MN (15 miles from White Bear Lake, MN)
- 1 day ago
- Minneapolis, MN (15 miles from White Bear Lake, MN)
- 1 day ago
seeking a detail-oriented and proactive Collections Specialist to join the Controller's Office....
Collections Specialist University of Minnesota Twin Cities
- Minneapolis, MN (15 miles from White Bear Lake, MN)
- 3 days ago
- Minneapolis, MN (15 miles from White Bear Lake, MN)
- 3 days ago
and proactive Collections Specialist to join the Controlleras Office....
- Plymouth, MN (21 miles from White Bear Lake, MN)
- 8 days ago
- Plymouth, MN (21 miles from White Bear Lake, MN)
- 8 days 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....
- Osseo, MN (24 miles from White Bear Lake, MN)
- 9 days ago
- Osseo, MN (24 miles from White Bear Lake, MN)
- 9 days 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...
- Maple Grove, MN (24 miles from White Bear Lake, MN)
- 10 days ago
- Maple Grove, MN (24 miles from White Bear Lake, MN)
- 10 days 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...
- Minneapolis, MN (15 miles from White Bear Lake, MN)
- 60+ days ago
- Minneapolis, MN (15 miles from White Bear Lake, MN)
- 60+ 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 White Bear Lake, MN
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Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in White Bear Lake, MN
Highest Education Level
Collections Specialists in White Bear Lake, 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
- NetSuite
- Electronic Data Interchange
- Navision
- Payment Posting
- Cash Applications
- Enterprise Resource Planning
- Consumer Lending
- Lending
- Account Maintenance
- Fannie Mae
- Automated Clearing House
- Mortgage Processing
- Credit Analysis
- Loan Servicing
- Mortgage Servicing
- Account Reconciliation
- Payment Processing
- Reconciliations
- Resolution
- Accounts Receivable
- Systems Applications & Products
- Collections
- Inbound/Outbound Calling
- Finance
- Accounting
- High School Diploma
- Customer Relations
- Microsoft Outlook
- Written Communication
- Investigation
- Negotiation
- Verbal Communication
- Telephone Skills
- Interpersonal Skills
- Collaboration
- Documentation
- Reporting
- Filing
- Regulations
- Policy Development
- Multitasking
- Microsoft Office
- Problem Solving
- Microsoft Excel
- Sales
- Bilingual
- Time Management
- Research Skills
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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