Collections Specialist Jobs in Reston, 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.
- Glen Echo, MD (10 miles from Reston, VA)
- 2 days ago
- Glen Echo, MD (10 miles from Reston, VA)
- 2 days ago
Job Opening: Patient Accounts Representative/Accounts Receivable We are seeking a skilled and detail-oriented Patient Accounts Representative/Accounts Receivable professional to join our team. The...
- Fairfax, VA (7 miles from Reston, VA)
- 2 days ago
- Fairfax, VA (7 miles from Reston, VA)
- 2 days ago
Instructions to Applicants: For full consideration, applicants must apply for Collections Specialist at....
Collections Specialist George Mason University
- Fairfax, VA (7 miles from Reston, VA)
- 3 days ago
- Fairfax, VA (7 miles from Reston, VA)
- 3 days ago
About the Position: The Collections Specialist develops and maintains a program that reduces defaulted student accounts write-off costs by focusing on earlier identification and intervention of "at...
- Vienna, VA (7 miles from Reston, VA)
- 4 days ago
- Vienna, VA (7 miles from Reston, VA)
- 4 days ago
Collections - Specialist Job Title Collections - Specialist Job ID 27760731 Location Vienna, VA, 22180 Other Location Description Hybrid: Vienna, VA Shift: 10 AM- 6:30 PM EST Review, control, and collect...
Billing and Collections Coordinator
- Washington, DC (17 miles from Reston, VA)
- 30+ days ago
- Washington, DC (17 miles from Reston, VA)
- 30+ days ago
Candidate must have legal billing and 3E experience. Prepares and reviews invoices in customized formats as required by client/Billing Attorney. Based on client and Billing Attorney requirements,...
- Sterling, VA (5 miles from Reston, VA)
- 45+ days ago
- Sterling, VA (5 miles from Reston, VA)
- 45+ days ago
Nightwing provides technically advanced full-spectrum cyber, data operations, systems integration and intelligence mission support services to meet our customers most demanding challenges. Our...
Demographic Data for Reston, VA
Moving to Reston, VA? Find some basic demographic data about Reston, VA below.
Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Reston, VA
Highest Education Level
Collections Specialists in Reston, VA 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 »