Collections Specialist Jobs in Rockaway, 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.

1-4 of 4 Jobs

Collections Analyst

  • Bogota, NJ (24 miles from Rockaway, NJ)
  • 6 hours ago
  • Bogota, NJ (24 miles from Rockaway, NJ)
  • 6 hours ago

About Addi We are a leading financial platform, building the future of payments, shopping, and banking-a world where consumers and merchants can transact effortlessly, grow together and where we...

Credit and Collections Specialist

  • Bloomingdale, NJ (9 miles from Rockaway, NJ)
  • 14 days ago
  • Bloomingdale, NJ (9 miles from Rockaway, NJ)
  • 14 days ago

Credit and Collections Specialist Bloomingdale, NJ Finance Job Type Full-time Description We are seeking a motivated and detail-oriented Credit and Collections Specialist to join our team....

Collections Agent

  • Ramsey, NJ (19 miles from Rockaway, NJ)
  • 27 days ago
  • Ramsey, NJ (19 miles from Rockaway, NJ)
  • 27 days ago

COME GROW WITH US! Radius Global Solutions is currently hiring Collectors/Call Center Agents to join our Team. APPLY TODAY to become part of a growing team and to start earning UNLIMITED income!...

Senior Collections Analyst

  • Newark, NJ (22 miles from Rockaway, NJ)
  • 30+ days ago
  • Newark, NJ (22 miles from Rockaway, NJ)
  • 30+ 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...

Demographic Data for Rockaway, NJ

Moving to Rockaway, NJ? Find some basic demographic data about Rockaway, NJ below.


Local
National
22,965
798
Medium

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 Rockaway, NJ

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

Highest Education Level

Collections Specialists in Rockaway, NJ offer the following education background
Bachelor's Degree
33.6%
High School or GED
23.6%
Associate's Degree
14.7%
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 Rockaway, NJ
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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