Collections Specialist Jobs in North York, ON

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

Bilingual AR Collections Analyst - National Retail Portfolio / Analyste des comptes clients, recouvrement - Bilingue (Mississauga/Montreal)

  • Mississauga, ON (16 miles from North York, ON)
  • 2 days ago
  • Mississauga, ON (16 miles from North York, ON)
  • 2 days ago

Overview The Retail Accounts Collections Analyst is responsible for the timely collection of an assigned portfolio consisting of national and regional DSD and DWD Retail accounts. Maintaining...

Credit and Collections Specialist

  • Markham, ON (10 miles from North York, ON)
  • 4 days ago
  • Markham, ON (10 miles from North York, ON)
  • 4 days ago

Are you a Credit & Collections Specialist with manufacturing industry experience looking for a new opportunity?...

Collections Representative - Toronto, Ontario

  • Toronto, ON (5 miles from North York, ON)
  • 15 days ago
  • Toronto, ON (5 miles from North York, ON)
  • 15 days ago

Overview Work Location : Toronto, Ontario (Remote Opportunities Available) Compensation : Starts at $17.20/hour Transworld System Canada Inc. (TSI) is looking to add our next hire for growth...

Credit and Collections Analyst

  • Vaughan, ON (7 miles from North York, ON)
  • 24 days ago
  • Vaughan, ON (7 miles from North York, ON)
  • 24 days ago

Company: ASSA ABLOY Door Security Solutions Canada Reports to: Credit Manager Location: Vaughan, Ontario Canada About Us ASSA ABLOY Door Security Solutions Canada is a leader in providing...

Specialist, Collections & Recoveries

  • Toronto, ON (5 miles from North York, ON)
  • 90+ days ago
  • Toronto, ON (5 miles from North York, ON)
  • 90+ days ago

The Specialist, Collections & Recoveries contributes to the overall success of the Collections vertical by building an in-house solution to manage the Recoveries lifecycle. Key deliverables...

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.
FutureLearn
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,...
edX
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...
FutureLearn
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...
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Salary for Collections Specialist Jobs in North York, ON

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

Highest Education Level

Collections Specialists in North York, ON 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 North York, ON
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%

Qualifications / Skill Sets

The following top skills are often required or desired to land a Collections Specialist position

In-Demand skills () are the most popular among employers according to the current jobs in our database. Last updated today!

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