Collections Specialist Jobs in Warren, 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.
Collections Representative (Retail Lending) - Hermitage
- Hermitage, PA (21 miles from Warren, OH)
- 3 days ago
- Hermitage, PA (21 miles from Warren, OH)
- 3 days ago
Position Title: Loan Adjustor 1 Business Unit: Retail Lending Reports To: Supervisor of Loan Adjustment Position Overview: This position is primarily responsible for collecting delinquent accounts,...
Senior Collections Representative
- Hermitage, PA (21 miles from Warren, OH)
- 18 days ago
- Hermitage, PA (21 miles from Warren, OH)
- 18 days ago
Position Title: Loan Adjustor 3 Business Unit: Retail Lending Reports to: Various Position Overview: This position is primarily responsible for collecting late-stage delinquent accounts including recovery...
Small Business Collections Representative
- Niles, OH (6 miles from Warren, OH)
- 45+ days ago
- Niles, OH (6 miles from Warren, OH)
- 45+ days ago
SUMMARY: The Small Business Collections Representative is primarily charged with resolving various delinquent accounts, including but not limited to commercial loans, commercial dealer loans,...
Small Business Collections Representative
- Canfield, OH (16 miles from Warren, OH)
- 45+ days ago
- Canfield, OH (16 miles from Warren, OH)
- 45+ days ago
SUMMARY: The Small Business Collections Representative is primarily charged with resolving various delinquent accounts, including but not limited to commercial loans, commercial dealer loans,...
Collections Representative (Retail Lending)
- Hermitage, PA (21 miles from Warren, OH)
- 45+ days ago
- Hermitage, PA (21 miles from Warren, OH)
- 45+ days ago
Position Title: Loan Adjustor 1 Business Unit: Retail Lending Reports To: Supervisor of Loan Adjustment Position Overview: This position is primarily responsible for collecting delinquent accounts,...
Demographic Data for Warren, OH
Moving to Warren, OH? Find some basic demographic data about Warren, OH below.
Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Warren, OH
Highest Education Level
Collections Specialists in Warren, OH offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Collections Specialist position
- Billing
- Business Correspondence
- Reconciliation
- NetSuite
- Accounting Management
- Prioritizing
- Cash Applications
- Enterprise Resource Planning
- VLOOKUP
- Reimbursement
- Restructuring
- Audit Support
- Consumer Lending
- Lending
- BSA
- Account Maintenance
- Automated Clearing House
- Credit Underwriting
- Credit Analysis
- Loan Servicing
- Mortgage Servicing
- Account Reconciliation
- Payment Processing
- Reconciliations
- 10 Key
- Resolution
- Accounts Receivable
- Customer Satisfaction
- Finance
- Inbound/Outbound Calling
- Collections
- Analytical Skills
- Accounting
- Listening
- High School Diploma
- Negotiation
- Verbal Communication
- Investigation
- Written Communication
- Microsoft Outlook
- Telephone Skills
- Documentation
- Interpersonal Skills
- Filing
- Microsoft PowerPoint
- Regulations
- Reporting
- Policy Development
- Sales
- Multitasking
- Microsoft Office
- Problem Solving
- Microsoft Excel
- Time Management
- Research Skills
- Teamwork
- Organization
- Customer Service
- Scheduling
- 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 »