Collections Specialist Jobs in Ohio
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 Analysis: Evaluating creditworthiness of potential and existing customers using financial statements, credit reports, and external risk management tools. Assessing risk and recommending...
#INDDFS #ZRDFS #Remote #BI-Remote A credit screening may be required for some roles within Discover Home Lending....
Remote WorkTrain additional associates as backup, as needed Track all incoming and outgoing files from the department Sort all incoming department mail Complete all mandatory and elective training, including BSA...
Title: Credit and Collection Specialist Department: Accounting Reports To: Refer to location organizational chart Flip your Career!...
The Senior Collector is responsible for the attainment of loan collection objectives and assists in the overall direction and operations of the collection activity of the organization. Assist in...
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 members' financial...
The Team At Upstart, we're revolutionizing the collections industry by prioritizing empathy, results, and rewarding success. As a Senior Collections Agent, you'll be at the forefront of helping...
The Accounts Receivable Specialist/ Collection Analyst position is accountable for collecting the maximum amount of overdue funds from customers and analyzing the risk associated with the sale,...
Join the LKQ Family! We're looking for motivated individuals to join our team at LKQ Corporation. With opportunities for growth, competitive benefits, and a supportive work environment, LKQ is the...
Posting Number: S000647 Posting Type: External - Open to All Applicants Job Title: Senior Accounts Receivable and Collections Coordinator Position Title: Senior Accounts Receivable and Collections...
We do the right things, right now. We do them in a way that is relevant to our clients. Become a part of our history as it continues to be written! If you are interested and qualified for this...
Demographic Data for Ohio
Moving to Ohio? Find some basic demographic data about Ohio below.
Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Ohio
Highest Education Level
Collections Specialists in Ohio offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Collections Specialist position
- Billing
- Spreadsheets
- Invoicing
- Reconciliation
- Month-End Close
- General Accounting
- NetSuite
- Pivot Tables
- Electronic Data Interchange
- Cash Applications
- Enterprise Resource Planning
- JD Edwards
- Education Experience
- Financial Statement Analysis
- Consumer Lending
- Lending
- Loan Documentation
- Credit Underwriting
- Account Maintenance
- Automated Clearing House
- Mortgage Processing
- Loan Servicing
- Credit Analysis
- Account Reconciliation
- Reconciliations
- Payment Processing
- Resolution
- Accounts Receivable
- Collections
- Inbound/Outbound Calling
- Finance
- High School Diploma
- Customer Relations
- Accounting
- Microsoft Outlook
- Negotiation
- Written Communication
- Documentation
- Verbal Communication
- Telephone Skills
- Investigation
- Reporting
- Collaboration
- Filing
- Interpersonal Skills
- Policy Development
- Regulations
- Multitasking
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Sales
- 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 »