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Citi
Johnson, TN | Full Time
$34k-42k (estimate)
2 Weeks Ago
Collection specialist
Citi Johnson, TN
$34k-42k (estimate)
Full Time | Banking 2 Weeks Ago
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Citi is Hiring a Collection specialist Near Johnson, TN

The Collections Specialist 5 performs relatively complex assignments. Has direct impact on the business by ensuring the quality of the tasks or services provided.

Works under little to no direct supervision. May service an expansive and / or diverse array of products / services. Applies working knowledge of technical and professional principles and concepts and in depth knowledge of team objectives.

Understands how assigned duties contribute to the work of the team / unit and how the units coordinate their efforts and resources to achieve the objectives of the function.

Ensures the quality and service of self and others. May recommend new options to enhance productivity in accordance with guidelines.

Requires tact and diplomacy when exchanging complex or sensitive information with others. Is sensitive to audience diversity.

Basic knowledge of the organization, the business and its policies required. Typically responsible for resolving basic to moderately complex problems based on practice and precedence.

Able to assess applicability of similar experiences and evaluate options under circumstances not covered by procedures.

Responsibilities :

Performs Collection Specialist duties plus the following : Uses advanced negotiation skills to resolve escalated calls.

Coaches less experienced collectors. Prioritizes workflow, and identifies process improvements by applying technical principles and techniques.

Interprets procedures and instructions to choose among alternatives to seek resolution. Works under little to no direct supervision.

May support an expansive and or diverse array of products services. Applies working knowledge of technical and professional principles and concepts and in depth knowledge of team objectives;

and, impacts the business by ensuring the quality of the tasks or services provided. Understands how assigned duties contribute to the work of the team unit and how the units coordinate their efforts and resources to achieve the objectives of the function.

  • Carry out collections management to the client portfolio with outstanding balance in order to regularize the client's debt and mitigate the risk from old credit s
  • Offer the client all the information of their credit and debt via telephone, in order to make effective collection management maintaining the quality standards required
  • Update the data of unlocatable customers in arrears, through the CACS system, verifying their information and data history;

with the purpose of locating them and being able to carry out collection management.

  • Orient the client according to their requirements and needs to other areas : Customer Services, retention, Citiphone
  • Comply with the strategies designed for Front End
  • Contribute to the monthly productivity standards of the Business.
  • Comply with monthly efficiency goals in buckets
  • Identify inconsistencies in the Collections systems that affect the products of the clients.
  • Offer Negotiation strategies, according to the client's specific situation or route the case to Remedial, or supervisor to offer the client alternative payment according to their condition
  • actively participate in the fulfillment of our Shared Responsibilities
  • Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Qualifications :

  • 2-4 years of experience in the collection area
  • work under pressure negotiation ease of speech leadership adaptability
  • Ability to adjust quickly to changes and reprioritization in the market, client needs or organizational issues while remaining focused

Education :

High School diploma or equivalent

Collections Business is waiving time in position, must be in current position for a minimum of 90days to be considered.

Job Family Group :

Operations - Collections Default

Job Family : Core Collections

Core Collections

Time Type : Primary Location :

Primary Location :

Primary Location Full Time Salary Range :

$41,660.00 - $54,340.00

Anticipated Posting Close Date :

May 26, 2024

Last updated : 2024-05-02

Job Summary

JOB TYPE

Full Time

INDUSTRY

Banking

SALARY

$34k-42k (estimate)

POST DATE

05/03/2024

EXPIRATION DATE

05/11/2024

HEADQUARTERS

BROOKLYN, NY

SIZE

<25

FOUNDED

2016

CEO

MELISSA ESPONDA

REVENUE

$10M - $50M

INDUSTRY

Banking

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The job skills required for Collection specialist include Customer Service, Leadership, etc. Having related job skills and expertise will give you an advantage when applying to be a Collection specialist. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Collection specialist. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Collection specialist positions, which can be used as a reference in future career path planning. As a Collection specialist, it can be promoted into senior positions as a Collections Representative III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Collection specialist. You can explore the career advancement for a Collection specialist below and select your interested title to get hiring information.

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If you are interested in becoming a Collection Specialist, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Collection Specialist for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Collection Specialist job description and responsibilities

Specialists must first locate debtors and then attempt to collect payment by negotiating debt settlements.

01/29/2022: Springfield, IL

Collections Specialists are generally responsible for managing and collection all the outstanding accounts receivables form clients and customers.

03/15/2022: Ventura, CA

Collection Specialists keep track of accounts receivable.

03/22/2022: Lorain, OH

Specialists are responsible for establishing and maintaining various documents, reports and following regulation forms.

02/02/2022: Monroe, LA

Analyzed credit service bureau data as needed and recommended changes required to credit limit or collection actions.

03/28/2022: Lawrence, MA

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Collection Specialist jobs

Collections specialists must be able to approach each conversation as a fresh start without carrying over any emotions from previous calls.

04/11/2022: Allentown, PA

Collections specialists are often entry-level professionals with minimal experience and education.

02/28/2022: Lexington, KY

If you want to take this path, you must have the ability to provide exemplary customer service, type and talk at the same time, be reliable, hardworking and willing to learn.

02/09/2022: Concord, NH

Collections specialists are often entry-level professionals with minimal experience and education.

02/07/2022: Waco, TX

A collection specialist should also understand how to overcome objections owing to the nature of the job.

01/27/2022: Bridgeport, CT

Step 3: View the best colleges and universities for Collection Specialist.

Florida Southern College
Colby College
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University of Notre Dame
Western Washington University
Canisius College
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