Collection Specialist Cover Letter Example, Responsibilities and Duties

What Is A Collection Specialist?

A collection specialist has the responsibility to help the lender resolve the overdue bills of a customer. Besides, the job is to collect payments from the individual. Companies now start opening this position because they are running a fintech business. If you are interested in this position, maybe you need to read about how to write a collection specialist cover letter.

What Are The Duties And Responsibilities Of A Collection Specialist?

There are some responsibilities to underline as a collection specialist, such as:

  • Tracking the individuals’ accounts to find the overdue bills. The collection specialist must keep the record to help them do the job.
  • Contacting the debtors from various media such as phone, email, or even come to the address to have them paid the overdue bills.
  • Help the sales department to create updated information about clients’ accounts as well as payments.
  • Contacting the customers to encourage the payments and facilitate them in doing this.
  • Help the company to process the payments, refund the fund, and adjusting the accounts.
  • Do record review and help the company in handling the disputes.

What Are The Requirements To Be A Collection Specialist?

Before you write the collection specialist cover letter, it is important to understand the requirements. You need to have a high school diploma with specialties equal to the collection specialist. If you have passed the college education, this is preferred. Make sure you always put a lot of effort into strengthening the communication, computer, and accounting skills.

How To Write A Collection Specialist Cover Letter?

  • Ensure to write a collection specialist cover letter by emphasizing your experience and skills that are related to the position.
  • Achieving a relevant skill and experience is the best thing to do to look standout.

The Example Of Collection Specialist Cover Letter

Dear Ms. Paula Abdul,

I am writing this letter to apply for the open position in this company, Collection Specialist in ABC Fund Inc.

I have graduated from accounting from XYZ University with a 3.62 GPA. I have 6 months of experience in handling billing efficiently during my apprenticeship in the HGT Market. I am used to operating the software and programs used in accounting. Besides, I also have computer skills that help me make sure all payments are made and recorded from the right accounts.

My strong ability is to track and monitor accounts. I possess strong communication skills to make calls to customers and remind them about the payment. Also, I keep improving my people skill by attending a speaking course which this will matter when dealing with sensitive matters.

I am willing to follow the company’s regulations and policies as well as following a set of training process if it is needed. If you are interested to discuss this, please don’t hesitate to contact me by phone at (888)899-899. I am looking forward to hearing you.

 

Yours Sincerely

 

 

Jessica Arden

Enclosure: Resume

If you have good negotiation skills and related educational background, then applying for this position will be a good chance to start your career. Write the collection specialist cover letter by emphasizing your relevant skills. Good luck!

 

 

 

 

 

 

 

 

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