Collections Specialist Jobs in Edmonds, WA
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 Specialist
- Bellevue, WA (15 miles from Edmonds, WA)
- 12 days ago
- Bellevue, WA (15 miles from Edmonds, WA)
- 12 days ago
We have an opening for a full-time Credit & Collections Specialist at our Bellevue, Washington corporate office....
- Bremerton, WA (18 miles from Edmonds, WA)
- 17 days ago
- Bremerton, WA (18 miles from Edmonds, WA)
- 17 days ago
About Us Kitsap Credit Union is a not-for-profit, member-owned financial cooperative with more than 300 employees and 14 branches throughout Western Washington. We have a passion for making a...
Consumer Collections Representative - Mountlake Terrace Headquarters
- Mountlake Terrace, WA (3 miles from Edmonds, WA)
- 23 days ago
- Mountlake Terrace, WA (3 miles from Edmonds, WA)
- 23 days ago
Job Details Level: Entry Job Location: MLT Headquarters - Mountlake Terrace, WA Position Type: Full Time Education Level: High School Salary Range: $21.00 - $24.00 Hourly Job Shift: Day Job...
- Bothell, WA (8 miles from Edmonds, WA)
- 30+ days ago
- Bothell, WA (8 miles from Edmonds, WA)
- 30+ days ago
Role: Collections Specialist- Contract Location: Bothell, WA Pay Rate: $25-32/hour This is an on-site contract role located in Seattle, WA Our Eastside-based client is looking for a Collections Specialist...
Demographic Data for Edmonds, WA
Moving to Edmonds, WA? Find some basic demographic data about Edmonds, WA below.
Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Edmonds, WA
Highest Education Level
Collections Specialists in Edmonds, WA 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
- NetSuite
- Prioritizing
- Pivot Tables
- Electronic Data Interchange
- Cash Applications
- Enterprise Resource Planning
- VLOOKUP
- Consumer Lending
- Lending
- BSA
- Account Maintenance
- Automated Clearing House
- Cash Forecasting
- Mortgage Processing
- Credit Analysis
- Financial Services
- Loan Servicing
- Mortgage Servicing
- Account Reconciliation
- Payment Processing
- Reconciliations
- Resolution
- Accounts Receivable
- Customer Satisfaction
- Inbound/Outbound Calling
- Finance
- Collections
- General Office Duties
- Accounting
- Listening
- High School Diploma
- Written Communication
- Investigation
- Negotiation
- Microsoft Outlook
- Telephone Skills
- Verbal Communication
- Documentation
- Interpersonal Skills
- Filing
- Reporting
- 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 »