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PrideStaff Financial
Mesa, AZ | Full Time
$38k-48k (estimate)
1 Week Ago
Collection specialist
$38k-48k (estimate)
Full Time 1 Week Ago
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PrideStaff Financial is Hiring a Collection specialist Near Mesa, AZ

1 year of RECENT collections experience is required.

We are currently seeking a Collection Specialist to join our team. In this position you will perform cash collections activities for our institutional loans, private loans, cash payment plan collections, and past-due collections for all inactive student accounts.

You will also assist the Collections Supervisor in coordinating the collection efforts between the institutional loan servicers and third party collection agencies.

Ensure all regulatory requirements are adhered to in regards to collection activities.

Successful candidates will be :

Stay current and follow all Consumer Financial Protection Bureau requirements applicable to collection activities.

Responsible for outbound calls, e-mailing and / or sending letters to inactive students with past due balances to obtain payments.

Ensures the collection goals assigned are met each month and strives to exceed this goal.

Perform skip tracing activities in locating borrowers.

Assist Collections Supervisor in data collections and report preparation on an on-going basis as required.

Making 80-100 outbound calls daily.

Good skip tracing skills.

Good knowledge of all system databases.

Assist training of the Collection Associate.

Last updated : 2024-05-06

Job Summary

JOB TYPE

Full Time

SALARY

$38k-48k (estimate)

POST DATE

05/08/2024

EXPIRATION DATE

05/11/2024

WEBSITE

pridestafffinancial.com

HEADQUARTERS

Fresno, CA

SIZE

100 - 200

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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.

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
Dartmouth College
University of Notre Dame
Western Washington University
Canisius College
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