Collections Specialist Jobs in Ashburn, VA
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.
- Herndon, VA (7 miles from Ashburn, VA)
- 5 days ago
- Herndon, VA (7 miles from Ashburn, VA)
- 5 days ago
In the role as a Collections Specialist, team members recover past due payments on auto loans, credit cards, signature loans, lines of credit and negative savings accounts....
- Bethesda, MD (21 miles from Ashburn, VA)
- 7 days ago
- Bethesda, MD (21 miles from Ashburn, VA)
- 7 days ago
ABOUT THE ROLE AND OUR TEAM: As a Collections Specialist, you work within a team responsible for investigating, negotiating, collecting, and curing delinquent client accounts....
- North Bethesda, MD (19 miles from Ashburn, VA)
- 90+ days ago
- North Bethesda, MD (19 miles from Ashburn, VA)
- 90+ days ago
Who are we looking for? Choice Hotels, one of the worlds largest lodging franchisors, has an exciting new opportunity as our Collections Analyst in the Collections Department. The Collections...
Demographic Data for Ashburn, VA
Moving to Ashburn, VA? Find some basic demographic data about Ashburn, VA below.
Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Ashburn, VA
Highest Education Level
Collections Specialists in Ashburn, VA offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Collections Specialist position
- Billing
- Business Correspondence
- Reconciliation
- Revenue Cycle
- NetSuite
- Claims
- Prioritizing
- Pivot Tables
- Cash Applications
- Enterprise Resource Planning
- VLOOKUP
- Consumer Lending
- Lending
- BSA
- Credit Underwriting
- Account Maintenance
- Automated Clearing House
- Mortgage Processing
- Credit Analysis
- Financial Services
- Loan Servicing
- Mortgage Servicing
- Account Reconciliation
- Payment Processing
- Reconciliations
- Resolution
- Accounts Receivable
- Inbound/Outbound Calling
- Finance
- Collections
- General Office Duties
- Accounting
- Customer Relations
- High School Diploma
- Negotiation
- Written Communication
- Investigation
- Microsoft Outlook
- Telephone Skills
- Verbal Communication
- Documentation
- Reporting
- Interpersonal Skills
- Filing
- Regulations
- Policy Development
- Microsoft Office
- Sales
- Problem Solving
- Multitasking
- Microsoft Excel
- Time Management
- Research Skills
- Teamwork
- 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 »