Collections Specialist

REMOTE: Collections Specialist needed for Large Law Firm (must have strong Legal Industry experience) This Jobot Job is hosted by: James Moon Are you a fit? Easy Apply now by clicking the "Quick Apply" button and sending us your resume. Salary: $75,000 - $85,000 per year A bit about us: We are one of the largest law firms in the US! Why join us? Large corporate environment Strong tenure of team members and support Great benefits Fully remote option Job Details Job Details: We are seeking an experienced Collections Specialist to join our dynamic law firm. This is an excellent opportunity for a seasoned professional to showcase their skills in portfolio management, attorney relations, and accounts receivable (A/R) management. The ideal candidate will have a minimum of 5 years of experience in a similar role and a proven track record of success in managing collections and recovery activities. The successful applicant will play a crucial role in our financial stability, working closely with our legal team and clients to ensure timely and accurate collection of outstanding payments. Responsibilities: As a Collections Specialist, your main responsibilities will include: 1. Managing a portfolio of accounts to identify outstanding debts and oversee their recovery. 2. Collaborating with attorneys to initiate and monitor the legal process for debt recovery, ensuring compliance with all relevant laws and regulations. 3. Developing and implementing effective recovery strategies to minimize the company's credit risk. 4. Negotiating with clients to establish repayment plans in line with their financial capabilities. 5. Analyzing financial data to identify trends, risks, and opportunities associated with the collection process. 6. Preparing and presenting reports on collection activities and progress. 7. Maintaining accurate and up-to-date customer account information in the A/R system. 8. Building and maintaining strong relationships with attorneys, clients, and other stakeholders. Qualifications: To be considered for the role of Collections Specialist, applicants must have: 1. A minimum of 5 years of experience in collections, portfolio management, or a related field, preferably within the legal industry. 2. Proven experience in managing A/R systems and liaising with attorneys. 3. Excellent negotiation and communication skills, with the ability to handle sensitive situations professionally and confidentially. 4. Strong analytical skills, with the ability to interpret financial data and identify trends. 5. A high level of accuracy and attention to detail, with the ability to manage multiple tasks simultaneously. 6. A strong understanding of relevant laws and regulations relating to debt recovery. 7. The ability to build and maintain strong relationships with a variety of stakeholders. 8. A bachelor's degree in finance, business, law, or a related field is preferred. This is an exciting opportunity for a seasoned collections professional to take their career to the next level. If you have the skills and experience we are looking for, we would love to hear from you. Interested in hearing more? Easy Apply now by clicking the "Quick Apply" button. Jobot is an Equal Opportunity Employer. We provide an inclusive work environment that celebrates diversity and all qualified candidates receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, age (40 and over), disability, military status, genetic information or any other basis protected by applicable federal, state, or local laws. Jobot also prohibits harassment of applicants or employees based on any of these protected categories. It is Jobot’s policy to comply with all applicable federal, state and local laws respecting consideration of unemployment status in making hiring decisions. Sometimes Jobot is required to perform background checks with your authorization. Jobot will consider qualified candidates with criminal histories in a manner consistent with any applicable federal, state, or local law regarding criminal backgrounds, including but not limited to the Los Angeles Fair Chance Initiative for Hiring and the San Francisco Fair Chance Ordinance. Information collected and processed as part of your Jobot candidate profile, and any job applications, resumes, or other information you choose to submit is subject to Jobot's Privacy Policy, as well as the Jobot California Worker Privacy Notice and Jobot Notice Regarding Automated Employment Decision Tools which are available at jobot.com/legal. By applying for this job, you agree to receive calls, AI-generated calls, text messages, or emails from Jobot, and/or its agents and contracted partners. Frequency varies for text messages. Message and data rates may apply. Carriers are not liable for delayed or undelivered messages. You can reply STOP to cancel and HELP for help. You can access our privacy policy here: jobot.com/privacy-policy