Collections Specialist Jobs in Grove City, OH
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.
Billing and Collections Analyst (B2B)
- Dublin, OH (16 miles from Grove City, OH)
- 17 days ago
- Dublin, OH (16 miles from Grove City, OH)
- 17 days ago
The Billing and Collections Specialist is the subject matter expert on billing and receivable matters and quickly resolves questions or issues raised by clients and company leaders....
Senior Credit and Collections Specialist - Paragon Healthcare
- Columbus, OH (17 miles from Grove City, OH)
- 17 days ago
- Columbus, OH (17 miles from Grove City, OH)
- 17 days ago
Anticipated End Date: 2025-07-07 Position Title: Senior Credit and Collections Specialist - Paragon Healthcare Job Description: Senior Credit and Collections Specialist A proud member of the Elevance...
Credit Union Member Solutions Specialist (Collections)
- Columbus, OH (17 miles from Grove City, OH)
- 60+ days ago
- Columbus, OH (17 miles from Grove City, OH)
- 60+ days ago
Credit Union Member Solutions Specialist (Collections) Description Education First Credit Union (EFCU) is a full-service not-for-profit financial institution. Our mission is to enhance our...
Demographic Data for Grove City, OH
Moving to Grove City, OH? Find some basic demographic data about Grove City, OH below.
Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Grove City, OH
Highest Education Level
Collections Specialists in Grove City, OH offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Collections Specialist position
- Billing
- Reconciliation
- General Accounting
- Account Analysis
- Accounting Management
- Pivot Tables
- Cash Applications
- Enterprise Resource Planning
- VLOOKUP
- Trial Balance
- Education Experience
- Reimbursement
- Mortgage Lending
- Consumer Lending
- Lending
- BSA
- Account Maintenance
- Automated Clearing House
- Mortgage Processing
- Credit Analysis
- Mortgage Servicing
- Wire Transfers
- Loan Servicing
- Financial Operations
- Account Reconciliation
- Payment Processing
- Reconciliations
- Resolution
- Accounts Receivable
- Finance
- Inbound/Outbound Calling
- Collections
- Accounting
- High School Diploma
- Prioritizing
- Microsoft Outlook
- Written Communication
- Verbal Communication
- Investigation
- Negotiation
- Telephone Skills
- Documentation
- Interpersonal Skills
- Reporting
- Filing
- Regulations
- Multitasking
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Bilingual
- Time Management
- Research Skills
- Organization
- Customer Service
- Scheduling
- Computer Skills
- 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 »