Collections Specialist

Salary Range for Collections Specialist in Activities Related to Credit Intermediation

Salary range for Collections Specialist in Activities Related to Credit Intermediation typically falls between $35,000 and $60,000 per year.

Sample Job Description for Collections Specialist in Activities Related to Credit Intermediation Industry

Job Objective:

Collections Specialist Is Responsible For Managing Overdue Accounts And Collecting Payments From Customers. The Job Objective Is To Ensure Timely And Efficient Collection Of Outstanding Debts To Minimize Financial Loss For The Company.

Job Requirements:

1. Bachelor'S Degree In Finance, Accounting, Or A Related Field. 2. Proven Experience As A Collections Specialist Or Similar Role. 3. Strong Communication And Negotiation Skills. 4. Ability To Work Under Pressure And Meet Targets. 5. Knowledge Of Debt Collection Laws And Regulations. 6. Excellent Organizational And Time-Management Skills. 7. Proficiency In Microsoft Office Suite And Accounting Software. 8. Attention To Detail And Accuracy. 9. Ability To Maintain Confidentiality. 10. Ability To Work Independently And As Part Of A Team.

Job Responsibilities:

1. Contacting Customers And Negotiating Payment Plans. 2. Maintaining Accurate Records Of All Collections Activities. 3. Evaluating Delinquent Accounts And Developing Strategies For Collection. 4. Collaborating With Other Departments To Resolve Customer Issues. 5. Discussing Payment Arrangements And Options With Customers. 6. Recommending Legal Action When Necessary. 7. Providing Customer Service And Support. 8. Preparing Reports And Analysis On Collections Activities. 9. Ensuring Compliance With Debt Collection Laws And Regulations. 10. Performing Other Duties As Assigned.

Top 10 Employers for Collections Specialist in Activities Related to Credit Intermediation:

1. American Express - New York, NY - https://www.americanexpress.com/ 2. JPMorgan Chase & Co. - New York, NY - https://www.jpmorganchase.com/ 3. Wells Fargo - San Francisco, CA - https://www.wellsfargo.com/ 4. Citigroup - New York, NY - https://www.citigroup.com/ 5. Bank of America - Charlotte, NC - https://www.bankofamerica.com/ 6. Capital One - McLean, VA - https://www.capitalone.com/ 7. Discover Financial Services - Riverwoods, IL - https://www.discover.com/ 8. Synchrony Financial - Stamford, CT - https://www.synchrony.com/ 9. PNC Financial Services - Pittsburgh, PA - https://www.pnc.com/ 10. Ally Financial - Detroit, MI - https://www.ally.com/

Career Path for Collections Specialist in Activities Related to Credit Intermediation:

1. High School Diploma or equivalent 2. Associate's degree or Bachelor's degree in finance, accounting, or a related field (1-4 years) 3. Accounting Clerk or Loan Processor (1-2 years) 4. Collections Clerk or Credit Analyst (2-4 years) 5. Collections Specialist

Top 5 Countries by Collections Specialist in Activities Related to Credit Intermediation:

1. United States 2. Canada 3. United Kingdom 4. Australia 5. Germany

Top 5 Countries with Established Activities Related to Credit Intermediation:

1. United States 2. Japan 3. China 4. United Kingdom 5. Germany