Collections Specialist Jobs in Ballston Lake, NY
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 & Collections Specialist
- Albany, NY (14 miles from Ballston Lake, NY)
- 2 days ago
- Albany, NY (14 miles from Ballston Lake, NY)
- 2 days ago
Position Overview** The Credit & Collections Specialist is a highly independent role with limited management oversight....
Remote WorkSenior Credit & Collections Analyst
- Albany, NY (14 miles from Ballston Lake, NY)
- 10 days ago
- Albany, NY (14 miles from Ballston Lake, NY)
- 10 days ago
Senior Credit and Collections Analyst - Remote Curia provides global contract research and manufacturing services to the pharmaceutical and biotechnology industries. The Senior Credit and...
Demographic Data for Ballston Lake, NY
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Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Ballston Lake, NY
Highest Education Level
Collections Specialists in Ballston Lake, NY 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
- Interviewing
- Invoicing
- Reconciliation
- Punctual
- Events
- Pivot Tables
- Cash Applications
- VLOOKUP
- Compensation and Benefits
- Audit Support
- Consumer Lending
- Lending
- Account Maintenance
- Automated Clearing House
- Cash Forecasting
- Mortgage Processing
- Credit Analysis
- Wire Transfers
- Loan Servicing
- Financial Operations
- Account Reconciliation
- Payment Processing
- Reconciliations
- Customer Retention
- Resolution
- Accounts Receivable
- Finance
- Strategy Development
- Collections
- Inbound/Outbound Calling
- Salesforce
- Accounting
- High School Diploma
- Written Communication
- Auditing
- Telephone Skills
- Negotiation
- Documentation
- Data Analysis
- Reporting
- Regulations
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Research Skills
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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