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Collections Jobs in Elgin, IL (NOW HIRING)

Onbe

Collections Specialist

Buffalo Grove, IL · On-site

$19 - $25.75/hr

The Collections Specialist is responsible for managing accounts receivable, ensuring the timely collection of outstanding balances, and maintaining positive client relationships. This role partners ...

Wintrust

Collections Representative

Northbrook, IL · On-site

$20.19 - $26/hr

We offer multiple opportunities for development and upward mobility The Collections Rep will Manages a regional/specialty premium finance portfolio. Overseeing all aspects of loan servicing ...

Wintrust

Collections Representative

Northbrook, IL

$17.25 - $22.25/hr

We offer multiple opportunities for development and upward mobility The Collections Rep will Manages a regional/specialty premium finance portfolio. Overseeing all aspects of loan servicing ...

Gallagher

Collections Specialist

Rolling Meadows, IL · On-site

$18.50 - $25.25/hr

The Collections Specialist will be responsible for managing and executing collection activities to ensure timely recovery of outstanding balances while maintaining positive relationships with clients.

Onbe

Collections Specialist

Buffalo Grove, IL

$19 - $25.75/hr

The Collections Specialist is responsible for managing accounts receivable, ensuring the timely collection of outstanding balances, and maintaining positive client relationships. This role partners ...

CFS

Collections Analyst

Chicago, IL · Hybrid

This Collections Analyst role is a great opportunity for someone looking to make an impact and contribute to a growing, high-performing team. Why Join This Company as a Collections Analyst: * Hybrid ...

CFS

Collections Analyst

Chicago, IL · Hybrid

This Collections Analyst role is a great opportunity for someone looking to make an impact and contribute to a growing, high-performing team. Why Join This Company as a Collections Analyst: * Hybrid ...

CFS

Legal collections

Elk Grove Village, IL

Legal Collections Specialist We are seeking a Collections Specialist with a strong legal background , such as prior experience in a law firm, paralegal role, or legal collections environment. This ...

CFS

Legal collections

Itasca, IL

Why This Legal Collections Opportunity Stands Out: • Opportunity to work closely with senior leadership and external legal counsel • High-impact role supporting critical legal and financial ...

New

CFS

Legal collections

Elk Grove Village, IL

Legal Collections Specialist We are seeking a Collections Specialist with a strong legal background , such as prior experience in a law firm, paralegal role, or legal collections environment. This ...

matson

Credit & Collections Analyst

Downers Grove, IL · On-site

$60K - $70K/yr

About the Role The Credit & Collections Analyst works to minimize financial risk and maximize cash flow by performing detailed credit analysis and managing the collection of past-due receivables for ...

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All JobsCollections JobsCollections Jobs in Elgin, IL

Collections information

See Elgin, IL salary details

$12

$21

$29

How much do collections jobs pay per hour?

As of Jun 12, 2026, the average hourly pay for collections in Elgin, IL is $21.22, according to ZipRecruiter salary data. Most workers in this role earn between $17.60 and $23.75 per hour, depending on experience, location, and employer.

What jobs pay 2000 a day?

High-paying jobs that can pay around $2,000 a day typically include roles such as specialized surgeons, anesthesiologists, corporate lawyers, and certain high-level consultants or contractors. These positions often require advanced degrees, extensive experience, and sometimes certification or licensing, and they may involve long hours or high-stakes environments.

What are collections jobs?

Collections jobs involve contacting individuals or businesses to recover overdue payments on accounts, loans, or other debts. Professionals in collections work for banks, credit card companies, medical institutions, or third-party agencies to negotiate repayment plans and ensure compliance with financial agreements. They must communicate clearly, maintain accurate records, and adhere to legal and ethical guidelines. Strong interpersonal and problem-solving skills are essential for success in this field.

What is the difference between Collections vs Credit Analyst?

AspectCollectionsCredit Analyst
Required CredentialsHigh school diploma or equivalent; some roles may require collections certificationsBachelor's degree in finance, economics, or related field; certifications like CFA are common
Work EnvironmentCollections departments, call centers, financial institutionsBanking, finance firms, credit departments
Employer & Industry UsageUsed by lenders, credit card companies, collection agenciesUsed by banks, credit bureaus, financial institutions
Common Search & Comparison IntentUnderstanding debt recovery rolesAssessing credit risk and financial analysis

Collections focuses on recovering overdue payments and managing delinquent accounts, often involving direct contact with debtors. Credit Analysts evaluate the creditworthiness of individuals or companies to determine lending risks. While both roles are within the financial industry, Collections emphasizes debt recovery, whereas Credit Analysts focus on risk assessment and credit approval processes.

What is a collection job description?

A collections job involves contacting individuals or businesses to recover overdue payments on accounts or loans. Collectors often use communication skills, negotiation, and sometimes specialized software to track accounts and ensure timely payments, working within set regulations and company policies.

What are some common challenges faced in a Collections role, and how can they be effectively managed?

Collections professionals often encounter challenges such as handling difficult conversations with customers, meeting monthly collection targets, and staying compliant with legal regulations. Effective management of these challenges involves strong communication skills, empathy, and the ability to negotiate payment plans that work for both the client and the company. Additionally, collaborating closely with other departments like customer service and accounting can help resolve disputes and ensure a positive customer experience while maintaining cash flow.

What jobs pay 10,000 a month without a degree?

In collections, high earnings of $10,000 or more per month are typically associated with roles such as senior debt collectors or account managers who have extensive experience, strong negotiation skills, and often work on commission or bonuses. These positions may require industry knowledge, certifications, and a proven track record of performance, but they do not always require a formal degree.

What profession makes $400,000 a year?

In the collections field, senior roles such as Collections Director or Vice President of Collections can earn around $400,000 annually, especially in large organizations or financial institutions. These positions typically require extensive experience, leadership skills, and knowledge of debt recovery strategies and compliance regulations.

What are the key skills and qualifications needed to thrive in a Collections role, and why are they important?

To thrive in a Collections role, you need strong negotiation, communication, and analytical skills, often supported by a high school diploma or equivalent. Familiarity with customer relationship management (CRM) software, collections databases, and basic accounting systems is typically required. Persistence, empathy, and problem-solving abilities help build rapport with clients and resolve payment issues effectively. These skills are essential for recovering outstanding debts while maintaining positive customer relationships and adhering to legal guidelines.
What are the most commonly searched types of Collections jobs in Elgin, IL? The most popular types of Collections jobs in Elgin, IL are:
What are popular job titles related to Collections jobs in Elgin, IL? For Collections jobs in Elgin, IL, the most frequently searched job titles are:
What job categories do people searching Collections jobs in Elgin, IL look for? The top searched job categories for Collections jobs in Elgin, IL are:
What cities near Elgin, IL are hiring for Collections jobs? Cities near Elgin, IL with the most Collections job openings:
Collections jobs near you
Infographic showing various Collections job openings in Elgin, IL as of June 2026, with employment types broken down into 85% Full Time, 12% Part Time, 1% Temporary, and 2% Contract. Highlights an 92% Physical, 4% Hybrid, and 4% Remote job distribution, with an average salary of $44,133 per year, or $21.2 per hour.
Collections Specialist

Collections Specialist

Onbe

Buffalo Grove, IL • On-site

$19 - $25.75/hr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 22 days ago

Job description

Onbe, a fast-growing FinTech, bringing innovation to a rapidly growing global marketplace, stands for "on behalf." Because that's exactly how we work: on behalf of our clients, as their comprehensive payments partner. We transform the way payments are imagined - as an opportunity for innovation, a source of insight to customers, and a way to connect with partners around the globe!
Summary: The Collections Specialist is responsible for managing accounts receivable, ensuring the timely collection of outstanding balances, and maintaining positive client relationships. This role partners closely with Billing, Finance Operations (FinOps), Accounting, Client Support, and Treasury to resolve payment issues, investigate discrepancies, and reduce recurring collection risks.
The ideal candidate is detail-oriented, customer-focused, and comfortable navigating payment discussions in a fast-paced fintech environment.
Key Responsibilities
  • Monitor and manage assigned accounts receivable balances and aging reports
  • Proactively contact clients via email and phone regarding overdue invoices
  • Process and post customer payments accurately and timely
  • Create, manage, and monitor payment plans, ensuring adherence to agreed-upon terms
  • Investigate and resolve billing discrepancies, short payments, and disputes
  • Investigate and reconcile negative balances, including overpayments or duplicate payments
  • Reconcile temporary credits and ensure proper application or reversal as appropriate
  • Collaborate with Billing, FinOps, Accounting, Treasury and Client Support to correct invoice issues and prevent recurrence
  • Maintain accurate documentation of all collection, payment, and reconciliation activities
  • Prepare reporting on collection status, aging trends, and risk items
  • Support end-of-month close activities related to accounts receivable
  • Ensure compliance with company policies and applicable regulations

Qualifications
  • 2+ years' experience in collections, accounts receivable, or customer service.
  • High school diploma or equivalent required; associate or bachelor's degree preferred.
  • Strong communication and negotiation skills.
  • Proficiency in Microsoft Office Suite, Excel, and accounting software.
  • Ability to work independently and manage multiple priorities.
  • Strong attention to detail and organizational skills.

Preferred Skills
  • Knowledge of debt collection laws and regulations.
  • Experience with CRM or ERP systems, ideally High Radius and Great Plains
  • Ability to maintain professionalism in challenging situations.

The base salary range for this position is budgeted for $57,420-$60,000 with eligibility for an annual bonus. The actual base salary offered depends on a variety of factors, including but not limited to the qualifications of the individual applicant for the position, years of relevant experience, specific and unique skills, level of education attained, certifications or other professional licenses held, business needs, and market demand. Our competitive benefits include medical, dental, vision, wellness, 401(k) matching, unlimited PTO, work from anywhere, generous parental leave, and more! Our job titles may span more than one career level. All candidates are encouraged to apply.
At Onbe, a diverse group of people, ideas, and perspectives are key to achieving phenomenal things. For over 25 years, our focus has remained on building a culture of openness and ingenuity, where employees come together to innovate and build disbursement solutions that make the lives of our clients and their consumers and workforces easier and better. Our definition of success includes celebrating differences and affirming belonging. To that end, we ask employees to come to Onbe as they are and contribute their diverse perspectives, identities, and experiences.
We believe that the recruiting phase is only the very beginning of diversity and inclusion. At Onbe, we're constantly evolving the way we celebrate diversity every day and in everything we do. With several internal committees that are dedicated to mental and physical wellness, diversity, inclusion, and community outreach, we are committed to making a culture that is inclusive to all.
Onbe is proud to be an equal opportunity employer. We seek out ways to create a mindful workforce that embraces diversity and celebrates a culture of inclusion. We do not discriminate against employees or job applicants on the basis of race, color, ancestry, national origin, sex (including pregnancy), gender identity, sexual orientation, marital or family status, religion, age, disability, genetic information or military service. Our equal opportunity policy applies to all decisions of employment including hiring, placement, promotion or advancement, termination, layoff, recall, transfer, compensation, training and leaves of absence

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