Collections Specialist Jobs in Thorndale, 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.
Credit & Collections Analyst (Latin America)
- Exton, PA (7 miles from Thorndale, PA)
- 8 days ago
- Exton, PA (7 miles from Thorndale, PA)
- 8 days ago
Credit & Collections Analyst (Latin America) Location: Hybrid, Exton, PA Position Summary: Our Credit & Collections Team is seeking an analyst to cover Latin America based in the US and reporting...
Credit and Collections Analyst
- Malvern, PA (12 miles from Thorndale, PA)
- 8 days ago
- Malvern, PA (12 miles from Thorndale, PA)
- 8 days ago
Credit and Collections Analyst MALVERN, PA, UNITED STATES OF AMERICA | FINANCE Job Description The A/R Accounting, Credit & Collections team provides value add by: Defining, implementing and/or...
- King of Prussia, PA (20 miles from Thorndale, PA)
- 30+ days ago
- King of Prussia, PA (20 miles from Thorndale, PA)
- 30+ 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...
- Exton, PA (7 miles from Thorndale, PA)
- 90+ days ago
- Exton, PA (7 miles from Thorndale, PA)
- 90+ days ago
Job Overview The Collections Analyst is responsible for mitigating loss to the Credit Union by contacting members with delinquent loans and negative checking accounts and negotiating appropriate...
Customer Support Collections Specialist
- Wilmington, DE (23 miles from Thorndale, PA)
- 45+ days ago
- Wilmington, DE (23 miles from Thorndale, PA)
- 45+ days ago
Customer Support Collections Specialist locations Dryrock Building, Wilmington time type Full time posted on Posted Today job requisition id JR-......
Demographic Data for Thorndale, PA
Moving to Thorndale, PA? Find some basic demographic data about Thorndale, PA below.
Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Thorndale, PA
Highest Education Level
Collections Specialists in Thorndale, PA offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Collections Specialist position
- Billing
- Reconciliation
- General Accounting
- Account Analysis
- Accounting Management
- Pivot Tables
- Cash Applications
- Enterprise Resource Planning
- VLOOKUP
- Trial Balance
- Education Experience
- Reimbursement
- Mortgage Lending
- Consumer Lending
- Lending
- Federal Housing Administration
- BSA
- Account Maintenance
- Automated Clearing House
- Mortgage Processing
- Credit Analysis
- Mortgage Servicing
- Wire Transfers
- Loan Servicing
- Financial Operations
- Account Reconciliation
- Payment Processing
- Reconciliations
- Resolution
- Accounts Receivable
- Finance
- Inbound/Outbound Calling
- Collections
- Accounting
- High School Diploma
- Prioritizing
- Microsoft Outlook
- Written Communication
- Verbal Communication
- Investigation
- Negotiation
- Telephone Skills
- Documentation
- Interpersonal Skills
- Reporting
- Filing
- Regulations
- Multitasking
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Bilingual
- Time Management
- Research Skills
- Organization
- Customer Service
- Scheduling
- Computer Skills
- 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 »