How much does a Chief Collections Officer make in University Park, IL? The average Chief Collections Officer salary in University Park, IL is $235,900 as of May 28, 2024, but the range typically falls between $197,200 and $290,200. 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 $161,966 University Park,IL May 28, 2024
25th Percentile Chief Collections Officer Salary $197,200 University Park,IL May 28, 2024
50th Percentile Chief Collections Officer Salary $235,900 University Park,IL May 28, 2024
75th Percentile Chief Collections Officer Salary $290,200 University Park,IL May 28, 2024
90th Percentile Chief Collections Officer Salary $339,637 University Park,IL May 28, 2024
25% $197,200 10% $161,966 90% $339,637 75% $290,200 $235,900 50%(Median) Didn’t find job title? Click
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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 in University Park, IL
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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

 
 
 
197200
290200
235900

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
224800
383000
291200
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 University Park, IL. The base salary for Chief Collections Officer ranges from $197,200 to $290,200 with the average base salary of $235,900. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $224,800 to $383,000 with the average total cash compensation of $291,200.
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197200
290200

 

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About University Park, Illinois    University Park is a village in Cook and Will counties in the U.S. state of Illinois. Located almost entirely in Will County, University Park has bee....More

University Park, Illinois  area prices were up 1.3% from a year ago    View the Cost of Living in University Park, Illinois

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