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Collections Specialist

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Jobtailor
Full Time position
Listed on 2026-08-02
Job specializations:
  • Finance & Banking
    Accounts Receivable/ Collections
Salary/Wage Range or Industry Benchmark: 55000 - 75000 USD Yearly USD 55000.00 75000.00 YEAR
Job Description & How to Apply Below
  • Own and manage a dedicated book of business, driving swift, professional resolution of high-value accounts while prioritizing workflow to maximize productivity and efficiency.
  • Drive high-volume outreach and response activity across calls, emails, and other correspondence to secure payments and resolve outstanding accounts.
  • Coordinate internal and external stakeholders to execute timely, policy-aligned resolutions to complex account issues.
  • Track, process, and document payment resolutions across client accounts with accuracy and urgency.
  • Balance competing priorities and stakeholder interests to resolve issues in ways that maximize recovery and protect company investment.
  • Manage bankruptcy matters from intake through resolution, including end-to-end flow management, successful recovery efforts handled in-house, and coordination with outside counsel when required.
  • Manage litigation files by maintaining organized documentation, tracking status, and ensuring timely follow-up on required actions.
  • Consistently deliver against performance targets established by management.
  • Record all activity in Salesforce and other company systems, maintaining accurate financial records including accounts receivable reports and related documentation.
  • Partner with cross-functional teams to support inquiries and issue resolution for clients in Recovery.
Requirements
  • High school diploma or equivalent.
  • 3–5 years of collections experience or comparable experience in a similar function.
  • Experience managing bankruptcy and litigation accounts from intake through resolution.
  • Build strong relationships through clear, professional, and effective communication.
  • Negotiate effectively in a fast-paced environment to drive timely resolution.
  • Apply strong analytical thinking and problem-solving skills to resolve complex account issues.
  • Review bankruptcy notices with confidence and navigate the commercial bankruptcy process from beginning to end.
  • Stay organized, manage details, and consistently deliver accurate work on time.
  • Use Sales Force, AS400, Microsoft Office, and phone systems efficiently to manage workflow and maintain documentation.
  • Adapt quickly, learn new skills, and take on new responsibilities with minimal oversight.
  • Demonstrate a strong sense of ownership and accountability.
ATS Optimization Keywords Hard Skills
  • Collections
  • Bankruptcy Management
  • Litigation Management
  • Payment Resolution
  • Account Tracking
  • Financial Documentation
  • Performance Target Achievement
  • Problem-Solving
  • Negotiation
Soft Skills
  • Effective Communication
  • Relationship Building
  • Organizational Skills
  • Adaptability
  • Accountability
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