Collections Specialist Jobs in South Plainfield, 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

Credit and Collections Analyst - Cranbury, NJ

  • Cranbury, NJ (18 miles from South Plainfield, NJ)
  • 7 hours ago
  • Cranbury, NJ (18 miles from South Plainfield, NJ)
  • 7 hours ago

There's a Place for You at Cooper Electric Supply, LLC. A career at Cooper Electric Supply, LLC is more than a job. You're investing in a brighter, more sustainable future together and joining a...

Collections Analyst

  • South Plainfield, NJ
  • 2 days ago
  • South Plainfield, NJ
  • 2 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 (23 miles from South Plainfield, NJ)
  • 7 days ago
  • Brooklyn, NY (23 miles from South Plainfield, NJ)
  • 7 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

  • Rutherford, NJ (23 miles from South Plainfield, NJ)
  • 28 days ago
  • Rutherford, NJ (23 miles from South Plainfield, NJ)
  • 28 days ago

Job Description We are currently seeking a Credit & Collections Specialist in Lyndhurst, NJ....

Demographic Data for South Plainfield, NJ

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


Local
National
24,261
1,053
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.
Flow Data Collections Specialist Superbadge
Complete the capstone assessment to earn the Flow Data Collections Specialist Superbadge. This module includes the following lessons: Flow Collections and Loops Superbadge Unit Flow Data...
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...

Salary for Collections Specialist Jobs in South Plainfield, NJ

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

Highest Education Level

Collections Specialists in South Plainfield, NJ offer the following education background
Bachelor's Degree
33.5%
High School or GED
23.7%
Associate's Degree
14.8%
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 South Plainfield, 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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