Collections Specialist Jobs in Sammamish, 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.
- Seattle, WA (13 miles from Sammamish, WA)
- 11 days ago
- Seattle, WA (13 miles from Sammamish, WA)
- 11 days ago
Collections Analyst Location New York Job Code 1309 # of openings 1 Summary The Collector is responsible for managing the accounts receivable inventory and contacting clients to achieve timely...
- Federal Way, WA (24 miles from Sammamish, WA)
- 14 days ago
- Federal Way, WA (24 miles from Sammamish, WA)
- 14 days ago
Description Communicates with customers that are in a 31-60 day delinquent status via telephone, mail, email, text or personal contact.Negotiates payment arrangements with the customers to ensure...
- Federal Way, WA (24 miles from Sammamish, WA)
- 27 days ago
- Federal Way, WA (24 miles from Sammamish, WA)
- 27 days ago
Description At Financial Pacific Leasing, we cultivate an environment where our associates can thrive. Our commitment to supporting both our staff and customers is made possible by the dedication...
Senior Collections Specialist II (Net Bad Debt)
- Federal Way, WA (24 miles from Sammamish, WA)
- 60+ days ago
- Federal Way, WA (24 miles from Sammamish, WA)
- 60+ days ago
Description At Financial Pacific Leasing, we cultivate an environment where our associates can thrive. Our commitment to supporting both our staff and customers is made possible by the dedication...
Demographic Data for Sammamish, WA
Moving to Sammamish, WA? Find some basic demographic data about Sammamish, WA below.
Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Sammamish, WA
Highest Education Level
Collections Specialists in Sammamish, WA offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Collections Specialist position
- Billing
- Spreadsheets
- Reconciliation
- Month-End Close
- Account Analysis
- NetSuite
- Prioritizing
- Pivot Tables
- Electronic Data Interchange
- Ariba
- Cash Applications
- Enterprise Resource Planning
- VLOOKUP
- Education Experience
- Reimbursement
- Financial Statement Analysis
- Consumer Lending
- Lending
- Loan Documentation
- Credit Underwriting
- Account Maintenance
- Automated Clearing House
- Freddie Mac
- Fannie Mae
- Mortgage Processing
- Loan Servicing
- Credit Analysis
- Account Reconciliation
- Reconciliations
- Resolution
- Accounts Receivable
- Finance
- Inbound/Outbound Calling
- Collections
- Listening
- Customer Relations
- High School Diploma
- Microsoft Outlook
- Negotiation
- Written Communication
- Documentation
- Accounting
- Verbal Communication
- Telephone Skills
- Investigation
- Collaboration
- Reporting
- Interpersonal Skills
- Policy Development
- Filing
- Regulations
- Multitasking
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Sales
- 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 »