Collections Specialist Jobs in Pickering, 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.
Commercial Collections Specialist
- Aurora, ON (20 miles from Pickering, ON)
- 5 days ago
- Aurora, ON (20 miles from Pickering, ON)
- 5 days ago
lending, commercial banking, or equipment leasing Excellent organizational skills, with the ability to prioritize and work effectively on multiple tasks in a fast-paced, demanding environment....
Bilingual Commercial Collections Specialist
- Aurora, ON (20 miles from Pickering, ON)
- 5 days ago
- Aurora, ON (20 miles from Pickering, ON)
- 5 days ago
lending, commercial banking, or equipment leasing Excellent organizational skills, with the ability to prioritize and work effectively on multiple tasks in a fast-paced, demanding environment....
Credit & Collection Specialist II
- Woodbridge, ON (23 miles from Pickering, ON)
- 5 days ago
- Woodbridge, ON (23 miles from Pickering, ON)
- 5 days ago
JELD-WEN is currently seeking a Credit & Collection Specialist II to join our growing team....
Credit and Collections Specialist
- Markham, ON (9 miles from Pickering, ON)
- 13 days ago
- Markham, ON (9 miles from Pickering, ON)
- 13 days ago
Are you a Credit & Collections Specialist with manufacturing industry experience looking for a new opportunity?...
Credit and Collections Analyst
- Vaughan, ON (18 miles from Pickering, ON)
- 30+ days ago
- Vaughan, ON (18 miles from Pickering, ON)
- 30+ 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 (18 miles from Pickering, ON)
- 90+ days ago
- Toronto, ON (18 miles from Pickering, 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
Salary for Collections Specialist Jobs in Pickering, ON
Highest Education Level
Collections Specialists in Pickering, ON offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Collections Specialist position
- Billing
- Spreadsheets
- Reconciliation
- Month-End Close
- General Accounting
- Pivot Tables
- Electronic Data Interchange
- Ariba
- Cash Applications
- Enterprise Resource Planning
- VLOOKUP
- Education Experience
- Reimbursement
- Financial Statement Analysis
- Consumer Lending
- Lending
- Loan Documentation
- Credit Underwriting
- Account Maintenance
- Automated Clearing House
- Mortgage Processing
- Loan Servicing
- Credit Analysis
- Financial Statements
- Account Reconciliation
- Reconciliations
- Payment Processing
- Resolution
- Accounts Receivable
- Collections
- Inbound/Outbound Calling
- Finance
- High School Diploma
- Customer Relations
- Microsoft Outlook
- Negotiation
- Accounting
- Written Communication
- Documentation
- Verbal Communication
- Telephone Skills
- Investigation
- Reporting
- Collaboration
- Filing
- Interpersonal Skills
- Policy Development
- Regulations
- Multitasking
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Sales
- Bilingual
- Microsoft Word
- 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 »