Collections Specialist Jobs in Brooklyn, 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.

1-5 of 5 Jobs

Collections Specialist - AVP (Remote)

  • New York, NY (3 miles from Brooklyn, NY)
  • 1 day ago
  • New York, NY (3 miles from Brooklyn, NY)
  • 1 day ago

Collections Specialist - AVP (Remote) Job Level: Associate Job Function: Lending Operations Location: New York, NY, US, 10017 Employment Type: Full Time Requisition ID: 4556 SMBC Group is a top-tier...

Credit/Collections Specialist

  • Wayne, NJ (21 miles from Brooklyn, NY)
  • 9 days ago
  • Wayne, NJ (21 miles from Brooklyn, NY)
  • 9 days ago

Credit & Collections Specialist Full-time | Mon-Fri, 8:30 AM - 5:00 PM Reports to: Accounting Manager Overview: Manufacturing client is seeking a detail-oriented Credit & Collections Specialist to manage...

Client Accounting Collections Coordinator

  • New York, NY (3 miles from Brooklyn, NY)
  • 12 days ago
  • New York, NY (3 miles from Brooklyn, NY)
  • 12 days ago

Client Accounting Collections Coordinator remote type Hybrid locations New York time type Full time posted on Posted Today job requisition id JR_2249 We invite you to review our current business...

Collections Analyst

  • Bogota, NJ (12 miles from Brooklyn, NY)
  • 27 days ago
  • Bogota, NJ (12 miles from Brooklyn, NY)
  • 27 days 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...

Accounting/Collections Coordinator

  • Brooklyn, NY
  • 90+ days ago
  • Brooklyn, NY
  • 90+ 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...

Demographic Data for Brooklyn, NY

Moving to Brooklyn, NY? Find some basic demographic data about Brooklyn, NY below.


Local
National
2,735,593
60,243
Large

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.
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...
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,...
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 Brooklyn, NY

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

Highest Education Level

Collections Specialists in Brooklyn, NY offer the following education background
Bachelor's Degree
33.7%
High School or GED
23.5%
Associate's Degree
14.7%
Vocational Degree or Certification
11.6%
Master's Degree
11.2%
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 Brooklyn, NY
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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