Collections Specialist Jobs in Minnesota
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.
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Remote WorkSenior 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...
Position Overview** The Credit & Collections Specialist is a highly independent role with limited management oversight....
Remote WorkCollections Specialist Job Description Join a dynamic Equipment Finance Team with 10 open positions available....
Collections Agent (Spanish Bilingual) Job Category: Customer and Collections Services Requisition Number: COLLE001403 Posting Details Posted: April 21, 2025 Full-Time On-site Locations Showing 1...
The listed examples may not include all the duties performed by all positions in this class. ยท Estate Recovery and enforcing probate cases where the county has a preferred claim for Medical...
Specialist at our Global Headquarters in Eden Prairie, MN....
Demographic Data for Minnesota
Moving to Minnesota? Find some basic demographic data about Minnesota below.
Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Minnesota
Highest Education Level
Collections Specialists in Minnesota offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Collections Specialist position
- Billing
- Systems Applications & Products
- Microsoft Exchange
- Interviewing
- Invoicing
- Reconciliation
- Punctual
- Accounting Management
- Events
- Cash Applications
- Compensation and Benefits
- Reimbursement
- Audit Support
- Consumer Lending
- Lending
- Account Maintenance
- Automated Clearing House
- Mortgage Servicing
- Credit Analysis
- Loan Servicing
- Account Reconciliation
- Payment Processing
- Reconciliations
- Customer Retention
- Resolution
- Accounts Receivable
- Inbound/Outbound Calling
- Strategy Development
- Finance
- Collections
- Salesforce
- Analytical Skills
- Accounting
- High School Diploma
- Auditing
- Microsoft Outlook
- Investigation
- Negotiation
- Written Communication
- Telephone Skills
- Data Analysis
- Documentation
- Regulations
- Reporting
- Policy Development
- Sales
- Problem Solving
- Teamwork
- Microsoft Excel
- Microsoft Office
- Research Skills
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
Other Career Titles
Here are some other career titles that require similar skills
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