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Collections Specialist

Job in Elk Grove Village, Cook County, Illinois, 60007, USA
Listing for: CFS
Full Time position
Listed on 2026-07-30
Job specializations:
  • Accounting
    Accounts Receivable/ Collections
  • Finance & Banking
    Accounts Receivable/ Collections
Salary/Wage Range or Industry Benchmark: 55000 - 65000 USD Yearly USD 55000.00 65000.00 YEAR
Job Description & How to Apply Below

Collections Specialist

$55,000 to $65,000 per year plus discretionary bonus

Hybrid Work Schedule

Why This Opportunity Stands Out:

  • Competitive compensation package with annual bonus opportunity.
  • Stable organization with an immediate hiring need and strong team environment.
  • Focus on commercial and secured collections rather than unsecured consumer debt.
  • Opportunity to work directly with business owners, fleet operators, and Accounts Payable teams.
  • Exposure to asset recovery and repossession processes, expanding your collections expertise.
  • High-impact role where your efforts directly influence portfolio performance.
  • Diverse customer interactions across commercial transportation and equipment industries.
  • Ability to leverage and strengthen negotiation, recovery, and payment resolution skills.
  • Fast hiring process with the opportunity to start quickly.
  • Strong fit for experienced collectors looking for greater responsibility in collateral-based collections.

Key Responsibilities for the Collections Specialist:

  • Manage commercial and secured collections activities through high-volume outbound calling.
  • Contact business owners, owner-operators, and Accounts Payable departments to secure payments and remittances.
  • Negotiate payment arrangements and resolve delinquent accounts.
  • Monitor and collect on accounts tied to recoverable physical assets.
  • Partner with the repossession team on accounts requiring asset recovery actions.
  • Maintain accurate account documentation and collection activity records.

Qualifications for the Collections Specialist:

  • 3+ years of collections experience in a high-volume environment.
  • Commercial/B2B collections experience preferred.
  • Auto finance, transportation, equipment finance, or secured collateral collections experience considered.
  • High School Diploma or equivalent required.
#INAUG
2026
#INJUL
2026
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