Collector Salary at Doral Bank BETA

How much does a Doral Bank Collector make?

As of March 2025, the average annual salary for a Collector at Doral Bank is $45,800, which translates to approximately $22 per hour. Salaries for Collector at Doral Bank typically range from $42,086 to $49,547, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Doral Bank Overview

Website:
doralbankdirect.com
Size:
1,000 - 3,000 Employees
Revenue:
$200M - $500M
Industry:
Financial Services

Doral Financial Corporation was the holding company of Doral Bank.

See similar companies related to Doral Bank

What Skills Does a person Need at Doral Bank?

At Doral Bank, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Bankruptcy: Bankruptcy helps people who can no longer pay their debts get a fresh start by liquidating assets to pay their debts or by creating a repayment plan.
  2. Loan Collections: Loan Collection is the process of pursuing payments of debts owed by individuals or businesses. Turns open invoices into cash, therefore increasing the cash flow while mitigating credit risk.
  3. Payment Schedule: The payment schedule of financial instruments defines the dates at which payments are made by one party to another on for example a bond or derivative.
  4. Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  5. Written Communication: Communicating information through written media to educate, inform and influence the target audience.

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Check more jobs information at Doral Bank

Job Title Average Doral Bank Salary Hourly Rate
2 Credit Officer $248,025 $119
3 Manager, Claims $130,346 $63
4 Customer Care $39,592 $19
5 Executive Assistant $90,139 $43
6 Executive Vice President $331,016 $159
7 Bankruptcy Processor $50,945 $24
8 Coordinator $84,269 $41
9 Foreclosure Specialist $49,983 $24
10 Manager $115,314 $55
11 BSA Analyst $58,908 $28

Hourly Pay at Doral Bank

The average hourly pay at Doral Bank for a Collector is $22 per hour. The location, department, and job description all have an impact on the typical compensation for Doral Bank positions. The pay range and total remuneration for the job title are shown in the table below. Doral Bank may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $45,800 look to you?

FAQ about Salary and Jobs at Doral Bank

1. How much does Doral Bank pay per hour?
The average hourly pay is $22. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Doral Bank?
According to the data, the highest approximate salary is about $49,547 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Doral Bank?
According to the data, the lowest estimated salary is about $42,086 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.