Collections Specialist Jobs in Philadelphia, PA
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.
- Swedesboro, NJ (16 miles from Philadelphia, PA)
- 10 days ago
- Swedesboro, NJ (16 miles from Philadelphia, PA)
- 10 days ago
The Collections Coordinator must have very good communication skills, strong Excel skills, excellent organizational skills, a dedication to accuracy and attention to detail. Duties of this role...
- West Chester, PA (23 miles from Philadelphia, PA)
- 11 days ago
- West Chester, PA (23 miles from Philadelphia, PA)
- 11 days ago
Job Summary The B2B Collections Specialist is responsible for managing and collecting outstanding accounts receivable balances from business clients....
NewLane is immediately seeking an experienced Late-Stage Collections Specialist with strong skills in, but not limited to, ability to achieve targeted delinquency goals, effective communication, ability...
Credit & Collections Coordinator
- Willingboro, NJ (15 miles from Philadelphia, PA)
- 30+ days ago
- Willingboro, NJ (15 miles from Philadelphia, PA)
- 30+ days ago
JOB SUMMARY Monday through Friday 8am-5pm Enhance the administrative and accounting services in order to improve operational efficiency with better processes for internal controls, financial...
- King of Prussia, PA (15 miles from Philadelphia, PA)
- 45+ days ago
- King of Prussia, PA (15 miles from Philadelphia, PA)
- 45+ days ago
About Quench Quench USA, Inc. offers bottle-free filtered water solutions for healthy and environmentally conscious consumers outside the home, through direct sales and independent dealers across...
Part-Time Collections Specialist
- Voorhees, NJ (13 miles from Philadelphia, PA)
- 60+ days ago
- Voorhees, NJ (13 miles from Philadelphia, PA)
- 60+ days ago
Part-Time Collections Specialist Location: Voorhees, NJ Employment Type: Contract-to-hire, 16-24 Hours/Week Pay Rate: $20-22/HR Start Date: Immediate About the Opportunity We are seeking a skilled Collections...
- King of Prussia, PA (15 miles from Philadelphia, PA)
- 90+ days ago
- King of Prussia, PA (15 miles from Philadelphia, PA)
- 90+ days ago
Company Description Clean Earth is a leading provider of environmental services in the United States providing remediation, disposal, recycling, and beneficial reuse solutions for hazardous and...
Job Description: The law firm collections specialist is responsible for managing and collecting outstanding balances on behalf of the law firm....
Remote WorkDemographic Data for Philadelphia, PA
Moving to Philadelphia, PA? Find some basic demographic data about Philadelphia, PA below.
Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Philadelphia, PA
Highest Education Level
Collections Specialists in Philadelphia, PA 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
- Cash Applications
- Enterprise Resource Planning
- VLOOKUP
- 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
- Microsoft PowerPoint
- 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 »