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How much does a Credit and Collections Operations Manager make in New Jersey? The average Credit and Collections Operations Manager salary in New Jersey is $121,600 as of March 26, 2024, but the range typically falls between $105,200 and $140,300. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Credit and Collections Operations Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Credit and Collections Operations Manager Salary $90,269 NJ March 26, 2024
25th Percentile Credit and Collections Operations Manager Salary $105,200 NJ March 26, 2024
50th Percentile Credit and Collections Operations Manager Salary $121,600 NJ March 26, 2024
75th Percentile Credit and Collections Operations Manager Salary $140,300 NJ March 26, 2024
90th Percentile Credit and Collections Operations Manager Salary $157,325 NJ March 26, 2024
25% $105,200 10% $90,269 90% $157,325 75% $140,300 $121,600 50%(Median) Didn’t find job title? Click
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Job Description

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)

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Select a city to view specific salary and bonus information for Credit and Collections Operations Manager

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Location Avg. Salary Date Updated
Location Bayonne, NJ Avg. Salary $125,283 Date Updated March 26, 2024
Location Bergenfield, NJ Avg. Salary $127,500 Date Updated March 26, 2024
Location Bloomfield, NJ Avg. Salary $127,611 Date Updated March 26, 2024
Location East Brunswick, NJ Avg. Salary $125,172 Date Updated March 26, 2024
Location Hoboken, NJ Avg. Salary $129,496 Date Updated March 26, 2024
Location Irvington, NJ Avg. Salary $125,283 Date Updated March 26, 2024
Location Lakewood, NJ Avg. Salary $123,398 Date Updated March 26, 2024
Location Middlesex, NJ Avg. Salary $124,396 Date Updated March 26, 2024
Location Passaic, NJ Avg. Salary $127,611 Date Updated March 26, 2024
Location Union, NJ Avg. Salary $125,283 Date Updated March 26, 2024

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