Collections Specialist Jobs in Tumwater, 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.
Consumer Collections Representative - Lacey Admin
- Lacey, WA (4 miles from Tumwater, WA)
- 11 days ago
- Lacey, WA (4 miles from Tumwater, WA)
- 11 days ago
Job Details Level: Entry Job Location: Lacey Branch and Admin - Lacey, WA Position Type: Full Time Education Level: High School Salary Range: $21.00 - $24.00 Hourly Job Shift: Day Job Category:...
Demographic Data for Tumwater, WA
Moving to Tumwater, WA? Find some basic demographic data about Tumwater, WA below.
Collections Specialist Online Courses and Training Opportunities
Salary for Collections Specialist Jobs in Tumwater, WA
Highest Education Level
Collections Specialists in Tumwater, 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
- Sage Peachtree
- Reconciliation
- Accounting Management
- Prioritizing
- Pivot Tables
- Payment Posting
- Cash Applications
- Enterprise Resource Planning
- Education Experience
- Reimbursement
- Restructuring
- Consumer Lending
- Lending
- BSA
- Account Maintenance
- Credit Underwriting
- Automated Clearing House
- Mortgage Processing
- Credit Analysis
- Loan Servicing
- Mortgage Servicing
- Financial Operations
- Account Reconciliation
- Payment Processing
- Reconciliations
- 10 Key
- Resolution
- Accounts Receivable
- Finance
- Inbound/Outbound Calling
- Collections
- Analytical Skills
- Accounting
- High School Diploma
- Investigation
- Negotiation
- Microsoft Outlook
- Verbal Communication
- Telephone Skills
- Written Communication
- Collaboration
- Documentation
- Interpersonal Skills
- Filing
- Regulations
- Reporting
- Policy Development
- Sales
- Multitasking
- Microsoft Office
- Problem Solving
- Microsoft Excel
- Time Management
- Research Skills
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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