Collections Specialist Jobs in Frisco, TX

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

Collections Specialist II

  • Plano, TX (10 miles from Frisco, TX)
  • 1 day ago
  • Plano, TX (10 miles from Frisco, TX)
  • 1 day ago

Collections Specialist II FLSA Status Non Exempt Schedule: Monday through Friday. On-Site Work hours will depend on the business hours of the time zone serviced....

Collections Analyst II

  • Coppell, TX (17 miles from Frisco, TX)
  • 9 days ago
  • Coppell, TX (17 miles from Frisco, TX)
  • 9 days ago

Job Summary The Accounts Receivable (AR) Collections Analyst II Is responsible for managing and optimizing the in-house collections process. This position involves handling complex accounts,...

Collections Officer

  • Allen, TX (15 miles from Frisco, TX)
  • 23 days ago
  • Allen, TX (15 miles from Frisco, TX)
  • 23 days ago

Position Purpose and Objectives Perform outbound and inbound calls to members whom have defaulted on an obligation. Requires little supervision after training and works under the general...

Billing and Collections Analyst

  • Plano, TX (11 miles from Frisco, TX)
  • 24 days ago
  • Plano, TX (11 miles from Frisco, TX)
  • 24 days ago

Apply Job Type Full-time Description Position Overview Responsible for leading the billing and collections professionals. Working with various in-house stakeholders to improve accuracy, reduce...

Collections Rep I

  • Grapevine, TX (21 miles from Frisco, TX)
  • 60+ days ago
  • Grapevine, TX (21 miles from Frisco, TX)
  • 60+ days ago

Establish relationships and communicate effectively with internal teams including Loan Administration, Titles, Loss Mitigation, KTAC and the Loan Origination Center....

Demographic Data for Frisco, TX

Moving to Frisco, TX? Find some basic demographic data about Frisco, TX below.


Local
National
210,825
6,114
Large

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Salary for Collections Specialist Jobs in Frisco, TX

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

Highest Education Level

Collections Specialists in Frisco, TX offer the following education background
Bachelor's Degree
33.6%
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 Frisco, TX
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%



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