How Much Does a Collection Recovery Specialist Make?

Updated April 24, 2024

Individually reported data submitted by users of our website

Low Confidence
$38,022/yr
Average Base Pay
Low $28,850
Average $38,022
High $46,360
The average salary for Collection Recovery Specialist is $38,022 per year in the United States.

Related Job Titles to Collection Recovery Specialist

Collection/Recovery Supervisor
$63,460
US
Per Year
Collection/Recovery Manager
$95,460
US
Per Year
Subrogation Claim and Recovery Specialist
$45,800
US
Per Year
Collection Specialist
$44,744
US
Per Year

Similar Job Salaries to Collection Recovery Specialist by Company

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Company average base salary in (usd) range
Wexford Community Credit Union
Collection and Recovery Specialist
$42,530/yr
$37,693
$47,367
RANGE: $37,693 - $47,367
Citizens Bank
Collection Recovery Sr Specialist
$51,285/yr
$45,268
$57,302
RANGE: $45,268 - $57,302
Citizens Bank, N.A.
Collection Recovery Specialist
$47,983/yr
$41,541
$54,426
RANGE: $41,541 - $54,426
Members Preferred Credit Union
Collection Specialist
$43,390/yr
$38,004
$48,775
RANGE: $38,004 - $48,775
Geminus & Regional Health Systems
Collection Specialist
$45,669/yr
$39,928
$51,410
RANGE: $39,928 - $51,410
Data Bridge Consultants
Collection Specialist
$59,304/yr
$50,782
$67,827
RANGE: $50,782 - $67,827
Elliott Electric Supply
Collection Specialist
$41,371/yr
$36,171
$46,572
RANGE: $36,171 - $46,572
ChaseSource
Collection Specialist
$45,851/yr
$40,087
$51,615
RANGE: $40,087 - $51,615
Trident Marketing
Collection Specialist
$45,211/yr
$39,528
$50,895
RANGE: $39,528 - $50,895
Beacon Hill
Collection specialist
$45,029/yr
$39,368
$50,689
RANGE: $39,368 - $50,689

What Does a Collection Recovery Specialist Do?

Country court bailiffs are debt recovery specialists, employed by the Country Courts of the same country they operate in.
Updated December 21, 2021
Primary responsibilities are collections, customer servicing, submitting extension requests and other loss mitigation and recovery activities.
Updated December 14, 2021
Employing debt recovery specialist is not compulsory but can be the best debt collection strategy for a creditor.
Updated December 13, 2021
Previous collections experience with greater depth of understanding of Collections and Recovery organization desired.
Updated December 06, 2021
The role works in the Collections and Recovery Operations environment and will handle routine outbound or inbound calls at any stage of delinquency, up to and including Pre-Charge off and the Recovery area.
Updated December 04, 2021

Frequently Asked Questions About a Collection Recovery Specialist Salaries

What is the average of a Collection Recovery Specialist in the United States?

The Collection Recovery Specialist salary range is from $28,850 to $46,360, and the average Collection Recovery Specialist salary is $38,022/year in the United States. The Collection Recovery Specialist's salary will change in different locations.

Which location pays the highest Collection Recovery Specialist salary in the United States?

The Collection Recovery Specialist salary in San Jose, CA is $47,718 which is the highest in the US.

What kinds of reasons will influence the Collection Recovery Specialist's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Collection Recovery Specialist.

What is the growth rate of the Collection Recovery Specialist's salary?

If you are thinking of becoming a Collection Recovery Specialist or planning the next step in your career, find the detailed salary report of a Collection Recovery Specialist.

Recent Salary Report

Below are the most recent Collection Recovery Specialist salary reports. Employer name has been removed to protect anonymity.

$36,493 Yearly
A Collection Recovery Specialist in Fairbanks, AK reported making $36,493 per year
Fairbanks, AK
200 - 6 employees
Full-Time
Company - Private
$21 Hourly
A Collection Recovery Specialist in Dundalk, MD reported making $21 per hour
Dundalk, MD
7,6 - 15,000 employees
Part-Time
Company - Public
$14 Hourly
A Collection Recovery Specialist in Fort Worth, TX reported making $14 per hour
Fort Worth, TX
3,000 - 7,6 employees
Part-Time
Company - Public
$27,067 Yearly
A Collection Recovery Specialist in Corpus Christi, TX reported making $27,067 per year
Corpus Christi, TX
6 - 1,000 employees
Full-Time
Company - Private
$46,759 Yearly
A Collection Recovery Specialist in Newport News, VA reported making $46,759 per year
Newport News, VA
100 - 200 employees
Full-Time
Company - Private
$2,733 Monthly
A Collection Recovery Specialist in Austin, TX reported making $2,733 per month
Austin, TX
1,000 - 3,000 employees
Full-Time
Company - Public