Collections Specialist Jobs in Rahway, NJ
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.
Credit And Collections Analyst
- Little Ferry, NJ (20 miles from Rahway, NJ)
- 2 days ago
- Little Ferry, NJ (20 miles from Rahway, NJ)
- 2 days ago
CREDIT AND COLLECTIONS ANALYST Job Description: The Credit and Collections Analyst will be assisting the Corporate Credit Manager as follows: Assist in collection of past due accounts Assist in...
- Newark, NJ (10 miles from Rahway, NJ)
- 6 days ago
- Newark, NJ (10 miles from Rahway, NJ)
- 6 days ago
Title: Senior Collections Analyst Department: Bursar's Office Reports To: Bursar Position Type: Staff Position Summary: The Senior Collections Analyst plays a crucial role inoverseeing the...
- Newark, NJ (10 miles from Rahway, NJ)
- 12 days ago
- Newark, NJ (10 miles from Rahway, NJ)
- 12 days ago
Collections Coordinator/Specialist Location: Newark, NJ (Hybrid - 4 days in office, 1 day remote) Salary: $70,000 annually Reports To: Chief Financial Officer (CFO) Parking: On-site parking...
- Teaneck, NJ (23 miles from Rahway, NJ)
- 12 days ago
- Teaneck, NJ (23 miles from Rahway, NJ)
- 12 days ago
Collections Specialist Teaneck, NJ, USA Req #86 Wednesday, November 11, 2020 Company Introduction Interstate Waste Services is the most progressive and innovative provider of solid waste and recycling...
- South Plainfield, NJ (7 miles from Rahway, NJ)
- 21 days ago
- South Plainfield, NJ (7 miles from Rahway, NJ)
- 21 days ago
How You'll Add Value Join the Azenta Finance team as a Collections Analyst for our Multiomics Business, to manage an analyze accounts receivable data to identify delinquent accounts, initiate...
Accounting/Collections Coordinator
- Brooklyn, NY (16 miles from Rahway, NJ)
- 26 days ago
- Brooklyn, NY (16 miles from Rahway, NJ)
- 26 days ago
Valrhona has been a pioneer and leader in the world of chocolate since 1922. We provide high-quality chocolates, with 100% traceable cacao sourced directly from farmers to professionals and...
Credit & Collections Specialist
- Ridgefield Park, NJ (21 miles from Rahway, NJ)
- 30+ days ago
- Ridgefield Park, NJ (21 miles from Rahway, NJ)
- 30+ days ago
Credit & Collections Specialist Job ID 129757 Job Type Contract Industry Manufacturing Location Ridgefield Park, New Jersey, United States Talascend is currently seeking a Credit & Collections Analyst...
Credit & Collections Specialist
- Rutherford, NJ (17 miles from Rahway, NJ)
- 45+ days ago
- Rutherford, NJ (17 miles from Rahway, NJ)
- 45+ days ago
Job Description We are currently seeking a Credit & Collections Specialist in Lyndhurst, NJ....
- New York, NY (18 miles from Rahway, NJ)
- 90+ days ago
- New York, NY (18 miles from Rahway, NJ)
- 90+ days ago
The Collections Specialist will also assist the Accounting department to reconcile billing issues or payment misapplications. Role Objectives Reviewing open accounts for collection efforts....
Demographic Data for Rahway, NJ
Moving to Rahway, NJ? Find some basic demographic data about Rahway, NJ below.
Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Rahway, NJ
Highest Education Level
Collections Specialists in Rahway, NJ 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
- Invoicing
- Reconciliation
- Punctual
- Accounting Management
- Events
- Cash Applications
- Compensation and Benefits
- Reimbursement
- Audit Support
- Consumer Lending
- Lending
- Account Maintenance
- Automated Clearing House
- Cash Forecasting
- Mortgage Processing
- Mortgage Servicing
- Credit Analysis
- Loan Servicing
- Account Reconciliation
- Payment Processing
- Reconciliations
- Customer Retention
- Resolution
- Accounts Receivable
- Strategy Development
- Finance
- Inbound/Outbound Calling
- Collections
- Salesforce
- Accounting
- High School Diploma
- Auditing
- Microsoft Outlook
- Written Communication
- Investigation
- Telephone Skills
- Negotiation
- Documentation
- Data Analysis
- 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
Collections Specialist Related Career Advice Articles
How to Decide Between Investment Banking and Commercial Banking
Many finance professionals begin the career planning phase by taking some time to figure out whether they want to pursue commercial banking or investment banking. While both career paths can reap great rewards, each comes with a different set of responsibilities and skills. Here is a breakdown of some of the factors that separate careers in investment and commercial banking to consider.
Read article »