Collections Specialist Jobs in Medina, 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.

1-7 of 7 Jobs

Collections Specialist I - Specialty Portfolio

  • Federal Way, WA (22 miles from Medina, WA)
  • 2 days ago
  • Federal Way, WA (22 miles from Medina, WA)
  • 2 days ago

**The Position** : We are looking for a collection specialist to join our Specialty Portfolio team....

Collection Specialist I

  • Federal Way, WA (22 miles from Medina, WA)
  • 6 days ago
  • Federal Way, WA (22 miles from Medina, WA)
  • 6 days ago

Description Are you a master of numbers and a champion of collections? Do you possess the unique ability to balance the delicate art of diplomacy with the firm hand of debt recovery? If so, we are...

Senior Credit & Collections Analyst

  • Bellevue, WA (1 mile from Medina, WA)
  • 6 days ago
  • Bellevue, WA (1 mile from Medina, WA)
  • 6 days ago

Get to know Okta Okta is The Worlds Identity Company. We free everyone to safely use any technologyanywhere, on any device or app. Our Workforce and Customer Identity Clouds enable secure yet...

Collections Specialist

  • Federal Way, WA (22 miles from Medina, WA)
  • 18 days ago
  • Federal Way, WA (22 miles from Medina, WA)
  • 18 days ago

The Position: We are looking for a collection specialist to join our Specialty Portfolio team....

Credit and Collections Specialist

  • Bellevue, WA (1 mile from Medina, WA)
  • 22 days ago
  • Bellevue, WA (1 mile from Medina, WA)
  • 22 days ago

Credit and Collections Specialist Bellevue, Washington | Full Time Temp to Hire | $ 30 - $ 38 per year April 18, 2025 | Job ID: HDF56...94 Job Summary Dialing accounts to make collections calls, payment...

Collections Specialist III

  • Federal Way, WA (22 miles from Medina, WA)
  • 30+ days ago
  • Federal Way, WA (22 miles from Medina, WA)
  • 30+ days ago

Description Are you a master of numbers and a champion of collections? Do you possess the unique ability to balance the delicate art of diplomacy with the firm hand of debt recovery? If so, we are...

Credit & Collections Analyst

  • Seattle, WA (4 miles from Medina, WA)
  • 60+ days ago
  • Seattle, WA (4 miles from Medina, WA)
  • 60+ days ago

Description Twitter Linkedin Facebook Google+Pinterestemail Location: Seattle, Washington/ In Office Monday to Thursday & Remote Fridays Pay Range: The full pay range for this nonexempt full-time...

Demographic Data for Medina, WA

Moving to Medina, WA? Find some basic demographic data about Medina, WA below.


Local
National
2,915
80
Small

Collections Specialist Online Courses and Training Opportunities

iHireBanking curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
Paediatric Dentistry for Non-Specialists
This course aims to provide you with the practical advice and guidance you need to treat childrens dental issues and emergencies, achieving excellent results. Apart from various treatment options,...
Data Creation and Collection for Artificial Intelligence via Crowdsourcing
A one-stop shop to get started on the key considerations about data for AI! Learn how crowdsourcing offers a viable means to leverage human intelligence at scale for data creation, enrichment and...
Dead Interesting: Uncovering Roman Britain in Old Museum Collections
What did a Roman funeral look, sound, and smell like? And how can you tell just from a persons remains? Join a research team uncovering exciting new information about cremation burials excavated...

Salary for Collections Specialist Jobs in Medina, WA

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

Highest Education Level

Collections Specialists in Medina, WA offer the following education background
Bachelor's Degree
33.6%
High School or GED
23.6%
Associate's Degree
14.8%
Vocational Degree or Certification
11.6%
Master's Degree
11.1%
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 Medina, WA
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%



Collections Specialist Related Career Advice Articles

banker looking at charts on laptop
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 »