How much does a Credit and Collections Operations Manager make hourly in the United States? The average hourly wage for a Credit and Collections Operations Manager in the United States is $53 as of March 26, 2024, but the range typically falls between $46 and $62. Hourly rate 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.
Percentile | Hourly Pay Rate | Location | Last Updated |
10th Percentile Credit and Collections Operations Manager Salary | $40 | US | March 26, 2024 |
25th Percentile Credit and Collections Operations Manager Salary | $46 | US | March 26, 2024 |
50th Percentile Credit and Collections Operations Manager Salary | $53 | US | March 26, 2024 |
75th Percentile Credit and Collections Operations Manager Salary | $62 | US | March 26, 2024 |
90th Percentile Credit and Collections Operations Manager Salary | $69 | US | March 26, 2024 |
HEXPOL - Burton, OH
Storm Search - Columbus, OH
Manager of Credit & Collections
Duncan Oil Co. - Dayton, OH
Credit & Collections Specialist
Style Crest Enterprises Inc - Fremont, OH
The Credit and Collections Operations Manager oversees investigation of credit risk in customers and suppliers and advises on course of action for credit applications. Develops and administers credit and collection programs. Being a Credit and Collections Operations Manager monitors and negotiates the collection of overdue accounts. Designs and implements processes to improve cash flow and reduce receivables. In addition, Credit and Collections Operations Manager monitors credit and collection processes and operations; makes recommendations on opportunities for improvement. Requires a bachelor's degree. Typically reports to top management. The Credit and Collections Operations Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Working as a Credit and Collections Operations Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
3 + years experience
Bachelor's Degree
5 + years experience
Bachelor's Degree
Bachelor's Degree
Salary.com's CompAnalyst platform offers:
Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Credit and Collections Analyst I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Credit and Collections Analyst II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Credit and Collections Analyst III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Credit and Collections Director | Experience | EducationBachelors | Salary Compared to This Job |
Job Title Credit and Collections Representative I | Experience 0 - 1 | EducationHigh School | Salary Compared to This Job |
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