COLLECTIONS REPRESENTATIVE SKILLS, EXPERIENCE, AND JOB REQUIREMENTS

Updated: Dec 01, 2024 - The Collections Representative excels in verbal and written communication and adapts seamlessly to client priorities and work conditions. This role is suited for solution-oriented individuals with a creative approach to problem-solving and experience in customer service environments. Candidates should possess strong computer and data entry skills and a proactive, client-focused attitude.

Essential Hard and Soft Skills for a Standout Collections Representative Resume
  • Data Entry
  • Financial Reporting
  • Account Reconciliation
  • Debt Collection Techniques
  • CRM Software Proficiency
  • Billing Systems Knowledge
  • Regulatory Compliance
  • Skip Tracing
  • Payment Processing
  • Credit Analysis
  • Negotiation Skills
  • Communication Skills
  • Problem Solving
  • Adaptability
  • Empathy
  • Customer Service Orientation
  • Stress Management
  • Conflict Resolution
  • Persuasiveness
  • Team Collaboration

Summary of Collections Representative Knowledge and Qualifications on Resume

1. BA in Finance with 2 years of Experience

  • Strong verbal and written communication skills.
  • Strong negotiation skills to deal with customers in adversarial situations.
  • Must be able to resolve problems using sound judgment.
  • Must be goal-oriented with strong attention to detail.
  • Proficient with using computers and utilizing multiple programs to perform research.
  • Assists borrowers with collection-related issues which include but are not limited to account adjustments, client discrepancies, customer reconciliations, and account settlements.
  • Applies knowledge of company products and services, policies, and pro starting time, and has reliable, consistent attendance
  • Understanding of HCPCS / CPT and ICD10 Coding, Medicare guidelines and rules
  • Knowledge of payer contracts, insurance policies and benefit coverage
  • Ability to work a flexible schedule, including overtime

2. BA in Business Administration with 3 years of Experience

  • Communication skills both verbal and written. 
  • Able to interact professionally with clients directly.
  • Flexibility to work on the client's priority (technology, role, project, hours, location, etc).
  • Client-focused and service-oriented.
  • Solution finder rather than issue identifier - positive "can-do" attitude, with-roll-up-the-sleeves mentality to make it happen.
  • Creative - thinking outside the box, connected to best practices, idea person, and passionate about it. 
  • Have a positive attitude.
  • Experience in a call center or customer service environment
  • Must possess computer skills, and data entry and typing ability
  • Problem-solving skills and must be detail-oriented and organized

3. BA in Communications with 1 year of Experience

  • Have corporate collection experience
  • Working knowledge of Microsoft Word and Excel
  • Strong analytical skills, communication skills, and the ability to work well as part of a team
  • Organized and detail-oriented
  • Must be assertive but professional
  • Ability to work with customers and internal departments at all levels
  • Experience with corporate collections in a customer service manner
  • Demonstrate the organization's customer service standards.
  • Knowledge of BFSFCU products and services
  • Recipient of service excellence awards
  • Prior collection and banking experience 

4. BA in Accounting with 2 years of Experience

  • Demonstrate commitment to the Credit Union Service PACT philosophy.
  • Possess strong interpersonal skills and connect with members in a compassionate, professional, and calm manner.
  • Must demonstrate excellent written and verbal communication abilities and deliver work products that demonstrate attention to detail.
  • Must demonstrate effective time management habits.
  • Be able to perform job functions independently and work effectively either or as part of a team.
  • Be able to speak clearly and deliver information in a logical and understandable sequence.
  • Must demonstrate the ability to perform basic mathematical calculations with accuracy.
  • Be able to perform responsibilities with composure under the stress of deadlines or when challenged.
  • Demonstrate ability to effectively handle multiple, simultaneous, and changing priorities.
  • Be capable of exercising the highest level of discretion on both internal and external confidential matters.

5. BA in Finance with 3 years of Experience

  • Have a minimum of corporate collections experience including interaction with a large customer base.
  • Outbound Calling, B2B Collections, Leasing.
  • Strong communication, problem-solving and analytical skills
  • Ability to work independently and to adapt to a fast-changing environment.
  • Proficiency in Microsoft Office including Excel, Word, and Access.
  • Experience in a telecommunications environment
  • Must have attention to detail with an eye for accuracy.
  • Creative, self-disciplined, and capable of identifying and completing critical tasks independently and with a sense of urgency.
  • Good decision-making and problem-solving skills
  • Good time management and organizational skills
  • Ability to work in a team environment

6. BA in Business Administration with 4 years of Experience

  • Outstanding negotiation and telephone communication skills.
  • Familiarity with Internet-based search techniques (including the use of skip-tracing solutions).
  • Ability to maintain professional conduct with people of any mood or personality type.
  • Excellent reasoning and research skills; the ability to see the “big picture” and manage the details.
  • Ability to safeguard confidential customer and company information.
  • A solid work ethic, high integrity, a positive attitude, and strong attention to detail.
  • Ability to follow instructions but work with minimal direct supervision.
  • Excellent keyboard skills, Spanish or bilingual
  • Proficiency with Microsoft Windows-based computers and Microsoft Office software (Word, Excel, Outlook, etc.).
  • Collections experience and familiarity with lending-related terminology and processes
  • Ability to travel, occasionally overnight

7. BA in Communications with 2 year of Experience

  • Experience in similar accounting positions Business to business account management 
  • Excellent follow-up skills with attention to detail 
  • Assertive and persistent, yet diplomatic Highly energetic to be able to work in a fast-paced environment 
  • Strong account reconciliation, problem-solving, and research skills 
  • Strong organizational and multi-tasking skills Working knowledge of Microsoft Office Great Plains experience
  • Staffing Services industry experience is preferred 
  • Be self-motivated, smart, want to be the best, and resilient and ethical. 
  • Must be a good communicator, be able to remain calm under pressure, and be computer and web savvy, with strong administrative skills.
  • Good verbal and written communication skills
  • Previous customer service, collections, or sales experience

8. BA in Accounting with 3 years of Experience

  • Experience in a collection/bankruptcy environment or equivalent combination of education and experience.
  • Ability to read and comprehend simple instructions, short correspondence, and memos
  • Ability to read and comprehend basic governmental regulations regarding collections and bankruptcy
  • Ability to effectively present information and respond to questions in one-on-one and small group presentations to customers or employees.
  • Must be able to pass all of the prerequisite educational classes initially and periodically as determined by the company policy in place
  • Ability to prepare letters/reports/etc/ using Microsoft Office Products, NFI software and related systems.
  • Must be analytical and detail-oriented
  • Must be organized, have keen attention to detail and accuracy
  • Knowledge of TL, LTL, Import/Export, Customs, accounts receivable, and accounts payable processes
  • Demonstrated proficiency in basic computer applications, such as Microsoft Office software products

9. BA in Finance with 1 years of Experience

  • Have related technical and professional experience, preferably within Collections
  • Strong knowledge of accounts receivable.
  • Strong personal computer skills including MS Word, MS Excel, and MS Outlook.
  • Excellent written and interpersonal communication skills, including superior telephone skills with an emphasis on professionalism and customer service.
  • Strong organizational and time management skills with the ability to manage multiple priorities.
  • Excellent analytical, problem-solving, and decision-making skills.
  • Ability to learn complex and constantly changing business rules.
  • Ability to develop and maintain strong relationships with clients and co-workers
  • Knowledge of Salesforce.com and Oracle Advanced Collections
  • Experience with international accounts
  • Must be proficient with Microsoft Office Suite including Outlook, Excel and Word
  • Must possess the ability to use sound judgment when making independent decisions

10. BA in Business Administration with 2 years of Experience

  • Strong computer skills, including working knowledge of MS Windows and navigation, mouse, and keyboarding skills
  • Experience in a related environment (i.e. office, administrative, clerical, customer service, etc.) using phones and computers as the primary job tools
  • Able to work in a fast-paced, sometimes stressful work environment.
  • Performance-driven and A team player
  • Excellent at communicating and can be customer service oriented.
  • Comfortable with social interactions and quick to establish rapport.
  • Comfortable sitting at a desk, using a computer for the majority
  • Able to engage customers and use appropriate negotiation techniques.
  • Experience in customer services
  • Must have excellent verbal/written communication and follow-up skills
  • Knowledge and experience with local, state and federal collection laws

11. BA in Communications with 3 year of Experience

  • Ability to assess customer's financial situation for possible referral for loss mitigation.
  • Verbal and written communication skills, attention to detail, and critical thinking.
  • Knowledge of federal, state, and company policies, procedures and regulations as related to accounting.
  • Previous experience with computer applications, such as Microsoft Word, Excel and PowerPoint, and any other related software.
  • Proficient organizational and time management skills and ability to understand collection laws.
  • Computer proficiency, including Microsoft Word skills and Excel, Internet, familiarity with collections software and programs
  • Strong customer service skills and ability to maintain poise under pressure.
  • Ability to learn and explain a wide variety of consumer loan product details
  • Writing ability to document calls
  • MS Office Proficiency - Word, Excel, etc.

12. BA in Psychology with 3 years of Experience

  • Experience in banking or customer service and previous experience working in a financial institution
  • Excellent verbal and written communication skills required
  • Must demonstrate a professional phone manner and the ability to work independently
  • Comfortable working in a restrictive environment requiring extended periods at a fixed work position
  • Proven ability to work in a team environment
  • Proficient in Microsoft Word, Excel, Outlook and Internet Explorer
  • Ability to make regular phone calls, positively present the Company to customers, and tactfully but firmly collect payments
  • Ability to work independently and manage one's time.
  • Ability to develop strong phone skills to effectively work with customers
  • Developing negotiation skills to arrive at the best overall solutions within established guidelines

13. BA in Accounting with 1 years of Experience

  • Experience in a customer service or collections environment
  • Proficient with Microsoft Office products (e.g. Word, Excel, etc.)
  • Strong verbal communication skills and convincing/Influential
  • Ability to deal with conflict and resolve accordingly
  • Adapts well to a changing environment
  • Ability to work in a fast-paced, team-based environment
  • Ability to apply good judgment and professional integrity in decision-making
  • Successfully pass post-offer, pre-employment background and drug testing
  • Proficiency in Microsoft Excel and Word, and experience with SAP
  • Excellent written and verbal communication skills

14. BA in Finance with 2 years of Experience

  • Advanced to Proficient in Word and Excel
  • PEGA, SalesForce, Infolease, Scripter Auto Dialer background in customer service or sales accepted as well
  • Exhibit confidence to quickly evaluate a situation to find the best solution for the client
  • Function well independently and in a team-orientated environment.
  • Professional and Energetic when dealing with clients and leaving them with a positive experience/impression
  • Ability to take constructive critique and implement training concepts into your own voice.
  • Ability to multitask and excel in a fast-paced environment
  • Strong ability to prioritize, with excellent time management skills
  • Proven analytical problem-solving skills and basic math skills
  • Successful utilization of systems: SalesForce, Unified Desktop

15. BA in Business Administration with 3 years of Experience

  • Ability to assess customer's financial situation for possible referral for loss mitigation.
  • Verbal and written communication skills, attention to detail, and critical thinking.
  • Ability to work independently and manage one's time.
  • Knowledge of federal, state, and company policies, procedures, and regulations as related to accounting.
  • Previous experience with computer applications, such as Microsoft Word, Excel PowerPoint, and any other related software.Education/Experience:
  • Previous collections experience or Collections/Customer Service experience
  • Strong verbal and written communication skills
  • Intermediate knowledge level of Microsoft Office products
  • Requires individuals to work successfully within a team environment and inter-departmentally to ensure service levels, group and individual metrics are met
  • Must be able to work full-time based on their assigned shift, with flexibility based on business needs and special circumstances
  • An attractive salary reflecting skills, competencies and potential

16. BA in Communications with 1 year of Experience

  • Ability to handle difficult customer situations and respond to customer needs promptly and professionally.
  • Great oral/written communication skills; speaks clearly, ability to listen and document notations clearly so next representative understands what is happening with that customer
  • Problem-solving skills and identifying and analyzing information to develop solutions to resolve customer accounts.
  • Organization skills, detail oriented and strong time management
  • Ability to use resources effectively, can read and understand EOBs
  • Computer literacy and understands and has basic insurance knowledge
  • Has worked on a hospital system such as EPIC, CERNER, MEDITECH
  • Ability to multi-task and use multiple systems at once
  • Comfortable interacting with multiple customers – both internal and external
  • Must be confident in making outbound calls regularly throughout the day
Relevant Information
Collections Manager Skills, Experience, and Job Requirements
Collections Specialist Skills, Experience, and Job Requirements
Collections Supervisor Skills, Experience, and Job Requirements
Collections Coordinator Skills, Experience, and Job Requirements