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.

1-9 of 9 Jobs

Collections Specialist (# 369109)

  • MN
  • 3 hours ago
  • MN
  • 3 hours ago

Overview We are seeking a detail-oriented and proactive Collections Specialist to join the Controller's Office....

Collections Specialist

  • Bloomington, MN
  • 4 hours ago
  • Bloomington, MN
  • 4 hours ago

Jul 7, 2025 Collections Specialist TruStone Financial Credit Union - Plymouth, MN business_center Full-time Salary: $19.50 - $24.00 Hourly Application Deadline: Jul 17, 2025 Collections & Loss Prevention...

Collections Specialist University of Minnesota Twin Cities

  • Minneapolis, MN
  • 4 days ago
  • Minneapolis, MN
  • 4 days ago

and proactive Collections Specialist to join the Controlleras Office....

Collections Specialist

  • Burnsville, MN
  • 10 days ago
  • Burnsville, MN
  • 10 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....

Collections Agent

  • Osseo, MN
  • 11 days ago
  • Osseo, MN
  • 11 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...

Collections Agent

  • Saint Cloud, MN
  • 11 days ago
  • Saint Cloud, MN
  • 11 days ago

Collections Agent 3.6 3.6 out of 5 stars 628 Roosevelt Road, Saint Cloud, MN 56301 COLLECTIONS AGENT Must be in Central MN and have reasonable commute to St. Cloud, MN due to in-office...

Collections Agent

  • Maple Grove, MN
  • 11 days ago
  • Maple Grove, MN
  • 11 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...

Credit and Collections Specialist

  • Sartell, MN
  • 27 days ago
  • Sartell, MN
  • 27 days ago

GENERAL SUMMARY The Credit and Collections Specialist creates value for DeZURIK by providing Finance and our business partners insightful data and analysis to assist in the optimal management of cash...

Senior AR/Collections Analyst

  • Minneapolis, MN
  • 60+ days ago
  • Minneapolis, 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 Minnesota

Moving to Minnesota? Find some basic demographic data about Minnesota 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.
Paediatric Dentistry for Non-Specialists
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,...
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...
Akichi in Collections Management: Perspectives from a Japanese University Museum
In 2021, Keio University pioneered a new approach to collections management at its university museum, KeMCo. The museum opened up a creative akichi (an open space for community collections) and...

Salary for Collections Specialist Jobs in Minnesota

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

Highest Education Level

Collections Specialists in Minnesota offer the following education background
Bachelor's Degree
33.6%
High School or GED
23.5%
Associate's Degree
14.7%
Vocational Degree or Certification
11.6%
Master's Degree
11.2%
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 Minnesota
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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