Collections Specialist

Collections Specialist Compensation: $75,000 - $85,000 per year Location: Kenilworth, IL (On‑Site) | Remote available Why join us? Large corporate environment Strong tenure of team members and support Great benefits Fully remote option Job Details We are seeking an experienced Collections Specialist to join our dynamic law firm. This role requires a minimum of 5 years of experience in a similar position 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 Managing a portfolio of accounts to identify outstanding debts and oversee their recovery. Collaborating with attorneys to initiate and monitor the legal process for debt recovery, ensuring compliance with all relevant laws and regulations. Developing and implementing effective recovery strategies to minimize the company’s credit risk. Negotiating with clients to establish repayment plans in line with their financial capabilities. Analyzing financial data to identify trends, risks, and opportunities associated with the collection process. Preparing and presenting reports on collection activities and progress. Maintaining accurate and up‑to‑date customer account information in the A/R system. Building and maintaining strong relationships with attorneys, clients, and other stakeholders. Qualifications A minimum of 5 years of experience in collections, portfolio management, or a related field, preferably within the legal industry. Proven experience in managing A/R systems and liaising with attorneys. Excellent negotiation and communication skills, with the ability to handle sensitive situations professionally and confidentially. Strong analytical skills, with the ability to interpret financial data and identify trends. A high level of accuracy and attention to detail, with the ability to manage multiple tasks simultaneously. A strong understanding of relevant laws and regulations relating to debt recovery. The ability to build and maintain strong relationships with a variety of stakeholders. A bachelor’s degree in finance, business, law, or a related field is preferred. Equal Opportunity Employment 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. #J-18808-Ljbffr