Collections Specialist Jobs in Mississippi
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.
practice including a working knowledge of privacy and fair debt collection regulations, bankruptcy, foreclosure and other consumer credit laws affecting collection of debt General knowledge of the lending...
Some knowledge of lending, loan documentation, fair debt collection regulations, consumer collection laws, foreclosures and repossessions is preferred....
What The Role Is This position will generate borrower phone calls regarding outstanding delinquent mortgage loans and seek resolution to the delinquency. This is a temporary position. How You will...
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Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Mississippi
Highest Education Level
Collections Specialists in Mississippi offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Collections Specialist position
- Billing
- Spreadsheets
- Reconciliation
- Month-End Close
- General Accounting
- NetSuite
- Pivot Tables
- Electronic Data Interchange
- Cash Applications
- Enterprise Resource Planning
- Year End Closing
- JD Edwards
- Financial Statement Analysis
- Consumer Lending
- Lending
- Loan Documentation
- Account Maintenance
- Automated Clearing House
- Mortgage Processing
- Loan Servicing
- Credit Analysis
- Account Reconciliation
- Reconciliations
- Payment Processing
- Resolution
- Accounts Receivable
- Collections
- Inbound/Outbound Calling
- Finance
- Decision Making
- High School Diploma
- Customer Relations
- Accounting
- Negotiation
- Microsoft Outlook
- Written Communication
- Documentation
- Verbal Communication
- Telephone Skills
- Investigation
- Reporting
- Interpersonal Skills
- Collaboration
- Filing
- Policy Development
- Microsoft PowerPoint
- Multitasking
- Problem Solving
- Regulations
- Microsoft Excel
- Microsoft Office
- Sales
- Time Management
- Research Skills
- Teamwork
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
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