How to Become a Consumer Loan Collection Supervisor

Step 1: Understand the job description and responsibilities of a Consumer Loan Collection Supervisor

What does a Consumer Loan Collection Supervisor do?

A Consumer Loan Collection Supervisor supervises a group of consumer loan collectors and assists in developing strategies to minimize collection portfolio loss. Assists in designing and administering collection processes, policies, and procedures, also supervises use of computerized collection systems. Consumer Loan Collection Supervisor, a level II supervisor has authority for personnel actions and oversees most day to day operations of group. May require a bachelor's degree in area of specialty. Additionally, Consumer Loan Collection Supervisor typically reports to a manager or head of a unit/department. The Consumer Loan Collection Supervisor supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/ production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. Thorough knowledge of department processes. To be a Consumer Loan Collection Supervisor typically requires 3-5 years experience in the related area as an individual contributor.

People's Opinions on Consumer Loan Collection Supervisor responsibilities

Bureau of Labor Statistics, the Consumer Loan Collection Supervisor Job Description is to manage a group of employees known as collection supervisors.

12/20/2019: Parkersburg, WV

The consumer loan collection supervisor job description also includes that the collection supervisor is responsible for the training of any subordinate employees (both initial and ongoing) and is responsible for any losses these personnel make.

01/02/2020: Las Vegas, NV

Experience in the area is required to ensure that this will be the case, and the procedures outlined by the collection supervisor require the participant to be very familiar with a variety of the field’s practices and procedures.

12/19/2019: Denver, CO

In order to become a consumer loan collection supervisor, you must first acquire a bachelor’s degree and have (at the minimum) 5 years of experience in the field of consumer loan collection.

12/06/2019: Cedar Rapids, IA

Work your way up to a supervisor’s job and enjoy the benefits that come from weightier responsibility.

02/11/2020: Boston, MA
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Step 2: Learn best tips to become a Consumer Loan Collection Supervisor

Best tips for those who want to become a Consumer Loan Collection Supervisor

Here are some tips to become a Consumer Loan Collection Supervisor.

Step 3: View best colleges and universities for Consumer Loan Collection Supervisor

Best colleges and universities for Consumer Loan Collection Supervisor

  • Florida Southern College
  • Colby College
  • Dartmouth College
  • University of Notre Dame
  • Western Washington University
  • Canisius College

Step 4: Think about whether is it worth to be a Consumer Loan Collection Supervisor

Is being a Consumer Loan Collection Supervisor Worth it?

People's Opinions on lifestyles

Bureau of Labor Statistics, the Consumer Loan Collection Supervisor Job Description is to manage a group of employees known as collection supervisors.

12/28/2019: Danbury, CT

The consumer loan collection supervisor job description also includes that the collection supervisor is responsible for the training of any subordinate employees (both initial and ongoing) and is responsible for any losses these personnel make.

02/24/2020: Salem, OR

Experience in the area is required to ensure that this will be the case, and the procedures outlined by the collection supervisor require the participant to be very familiar with a variety of the field’s practices and procedures.

02/04/2020: Spartanburg, SC

In order to become a consumer loan collection supervisor, you must first acquire a bachelor’s degree and have (at the minimum) 5 years of experience in the field of consumer loan collection.

12/18/2019: Waco, TX

Although there are many companies looking for a consumer loan collection supervisor, job security is ensured for those who have a high degree of creativity, as well as great management skills.

02/13/2020: Boise, ID
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Step 5: Prepare relevant skills for being a Consumer Loan Collection Supervisor

What skills do you need to be a Consumer Loan Collection Supervisor?

A manager is often judged based on the success of their team and those working below them, as such, many skills are needed.  Success in this role depends on a critical ability in the following: Loan Collections .  Experience in the following is fundamental to this role: Banking Software, Credit and Collections Software.  Skills may vary from job-to-job, but these skills are the ones most commonly associated with this role.

People's Opinions on Consumer Loan Collection Supervisor skills

Experience in the area is required to ensure that this will be the case, and the procedures outlined by the collection supervisor require the participant to be very familiar with a variety of the field’s practices and procedures.

01/10/2020: Roanoke, VA

In order to become a consumer loan collection supervisor, you must first acquire a bachelor’s degree and have (at the minimum) 5 years of experience in the field of consumer loan collection.

01/13/2020: Ogden, UT

Although there are many companies looking for a consumer loan collection supervisor, job security is ensured for those who have a high degree of creativity, as well as great management skills.

01/10/2020: New Brunswick, NJ

Seasoned Collections Supervisor with more than 20 years of experience in fast-paced high demand environment.

12/29/2019: Killeen, TX

This is a real resume for a Consumer Loan Collections Supervisor in Alexandria, Virginia with experience working for such companies as Navy Federal Credit Union, Wachovia.

02/15/2020: Petersburg, VA
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Step 6: View average salary for Consumer Loan Collection Supervisor

How much does a Consumer Loan Collection Supervisor make?

The average salary range for a Consumer Loan Collection Supervisor is from $54,572 to $68,561. The salary will change depending on your location, job level, experience, education, and skills.

Salary range for a Consumer Loan Collection Supervisor
$54,572 to $68,561

Step 7: Find relevant Consumer Loan Collection Supervisor jobs, and apply.

Looking for Consumer Loan Collection Supervisor jobs?

Here are some Consumer Loan Collection Supervisor jobs in the United States.

Search Consumer Loan Collection Supervisor Jobs in the United States

Step 8: Explore Career Path of Consumer Loan Collection Supervisor

Step 8: Explore Career Path of Consumer Loan Collection Supervisor? Consumer Loan Collection Supervisor II