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Collection specialist
$39k-50k (estimate)
Full Time | Lending & Credit 4 Days Ago
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NBT Bancorp Inc. is Hiring a Collection specialist Near Utica, NY

Pay Range : $16.00 - $21.72Review, analyze and coordinate the enforcement of the banks interest in default situations, such as repossessions, foreclosures and bankruptcies.

May coordinate and oversee outside inspections of collateral, including the monitoring of Floor Plans. Interact with internal and external customers regarding collection situations.

Inspect and preserve the Bank’s collateral. Review consumer credit bureau disputes. Prepare reports and various other clerical duties, including maintenance of files, as required.

Education and Experience :

  • High School graduate or GED
  • Prior collection experience preferred

Skills and Abilities :

  • Good communication skills.
  • PC skills with proficiency in word and excel.
  • Good understanding of collections.
  • May require weekend hours, and hours outside of regularly scheduled workday.
  • Some travel required. Valid driver's license.
  • Occasional collateral / property inspections.

Tasks Performed :

55% Review, analyze and coordinate the enforcement of the banks interest in repossessions, foreclosures and bankruptcies.

Oversee inspections of the banks Collateral, including the monitoring of floor plans as required.

  • 15% Monitor, research and complete required paperwork. Prepare and maintain reports and tracking systems. review credit bureau disputes, provide timely resolution to credit reporting agencies
  • 15% Respond to inquiries from external and internal customers in a timely and efficient manner.
  • 15% Other duties as assigned.

Physical Requirements :

  • Communicate effectively with internal and / or external customers
  • Stationary 75% of time or greater
  • Move Objects to Maximum 10 lbs
  • Last updated : 2024-05-19

Job Summary

JOB TYPE

Full Time

INDUSTRY

Lending & Credit

SALARY

$39k-50k (estimate)

POST DATE

05/20/2024

EXPIRATION DATE

08/16/2024

WEBSITE

nbtbancorp.com

HEADQUARTERS

WILLISTON, VT

SIZE

1,000 - 3,000

FOUNDED

1986

CEO

ANNMARIE DEITRICH

REVENUE

$200M - $500M

INDUSTRY

Lending & Credit

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About NBT Bancorp Inc.

NBT Bancorp Inc. is an information technology and services company based out of 52 South Broad Street, Norwich, New York, United States.

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The job skills required for Collection specialist include Communicates Effectively, 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.

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