How much does a Chief Collections Officer make in the United States? The average Chief Collections Officer salary in the United States is $227,300 as of February 26, 2024, but the range typically falls between $192,900 and $275,200. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

Chief Collections Officer Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Chief Collections Officer Salary $161,581 US February 26, 2024
25th Percentile Chief Collections Officer Salary $192,900 US February 26, 2024
50th Percentile Chief Collections Officer Salary $227,300 US February 26, 2024
75th Percentile Chief Collections Officer Salary $275,200 US February 26, 2024
90th Percentile Chief Collections Officer Salary $318,810 US February 26, 2024
25% $192,900 10% $161,581 90% $318,810 75% $275,200 $227,300 50%(Median) Didn’t find job title? Click
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Check out Chief Collections Officer jobs in Ashburn, Virginia

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Job Description

The Chief Collections Officer ensures all collections policies are followed. Develops overall corporate policies regarding collections of overdue/delinquent accounts. Being a Chief Collections Officer may work with legal counsel or outside collections agencies to handle overdue accounts. Monitors collections activities and provides recommendations for improvement. In addition, Chief Collections Officer may require an advanced degree. Typically reports to top management. The Chief Collections Officer manages a business unit, division, or corporate function with major organizational impact. Establishes overall direction and strategic initiatives for the given major function or line of business. Has acquired the business acumen and leadership experience to become a top function or division head. (Copyright 2024 Salary.com)

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Job Openings for Chief Collections Officer

Career Path for this job

  1. Down a level:

    Collections Specialist Supervisor

    3 + years experience
    Bachelor's Degree

  2. This Job:

    Chief Collections Officer


    JD, MD, PhD or Equivalent

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Average Base Salary

Core compensation

 
 
 
192900
275200
227300

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
214600
353800
269000
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Chief Collections Officer in the United States. The base salary for Chief Collections Officer ranges from $192,900 to $275,200 with the average base salary of $227,300. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $214,600 to $353,800 with the average total cash compensation of $269,000.
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192900
275200

 

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Salary estimation for Chief Collections Officer at companies like : Brooks Rehabilitation - San Pablo, SYR Holdings & Logistics LLC, BCC Operations Inc

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