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.

1-7 of 7 Jobs

B2B Collections Analyst

  • Maplewood, MN (5 miles from White Bear Lake, MN)
  • 6 hours ago
  • Maplewood, MN (5 miles from White Bear Lake, MN)
  • 6 hours ago

Seeking a new job opportunity? Dont miss this role! Dahl Consulting is currently partnering with a leading company in Maplewood, MN. We work one-on-one with great candidates to help connect them...

Remote Work

Restoration Collections Coordinator

  • Minneapolis, MN (15 miles from White Bear Lake, MN)
  • 2 days ago
  • Minneapolis, MN (15 miles from White Bear Lake, MN)
  • 2 days ago

Service Restoration, Inc. is a leading property restoration company committed to providing top-notch restoration services to individuals and businesses in need. As a trusted industry leader, we...

Senior AR/Collections Analyst

  • Minneapolis, MN (15 miles from White Bear Lake, MN)
  • 4 days ago
  • Minneapolis, MN (15 miles from White Bear Lake, MN)
  • 4 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...

Credit & Collections Specialist

  • Saint Paul, MN (10 miles from White Bear Lake, MN)
  • 4 days ago
  • Saint Paul, MN (10 miles from White Bear Lake, MN)
  • 4 days ago

Position Overview** The Credit & Collections Specialist is a highly independent role with limited management oversight....

Remote Work

B2B Credit/Collections Specialist

  • Minnetonka, MN (23 miles from White Bear Lake, MN)
  • 6 days ago
  • Minnetonka, MN (23 miles from White Bear Lake, MN)
  • 6 days ago

Collections Specialist Job Description Join a dynamic Equipment Finance Team with 10 open positions available....

Collections Analyst

  • Minneapolis, MN (15 miles from White Bear Lake, MN)
  • 24 days ago
  • Minneapolis, MN (15 miles from White Bear Lake, MN)
  • 24 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...

Credit and Collections Specialist

  • Eden Prairie, MN (23 miles from White Bear Lake, MN)
  • 45+ days ago
  • Eden Prairie, MN (23 miles from White Bear Lake, MN)
  • 45+ days ago

Specialist at our Global Headquarters in Eden Prairie, MN....

Demographic Data for White Bear Lake, MN

Moving to White Bear Lake, MN? Find some basic demographic data about White Bear Lake, MN below.


Local
National
5,707,031
151,942

Collections Specialist Online Courses and Training Opportunities

iHireBanking curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
Data Creation and Collection for Artificial Intelligence via Crowdsourcing
A one-stop shop to get started on the key considerations about data for AI! Learn how crowdsourcing offers a viable means to leverage human intelligence at scale for data creation, enrichment and...
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This course aims to provide you with the practical advice and guidance you need to treat childrens dental issues and emergencies, achieving excellent results. Apart from various treatment options,...
Dead Interesting: Uncovering Roman Britain in Old Museum Collections
What did a Roman funeral look, sound, and smell like? And how can you tell just from a persons remains? Join a research team uncovering exciting new information about cremation burials excavated...

Salary for Collections Specialist Jobs in White Bear Lake, MN

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireBanking research efforts.

Highest Education Level

Collections Specialists in White Bear Lake, MN offer the following education background
Bachelor's Degree
33.6%
High School or GED
23.6%
Associate's Degree
14.8%
Vocational Degree or Certification
11.6%
Master's Degree
11.1%
Some College
3.5%
Doctorate Degree
1.3%
Some High School
0.5%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Collections Specialists in White Bear Lake, MN
Less than 1 year
49.4%
2-4 years
27.6%
1-2 years
19.0%
None
3.3%
4-6 years
0.4%
10+ years
0.3%



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