How much does a Director Credit and Collections Operations make in the United States? The average Director Credit and Collections Operations salary in the United States is $155,800 as of March 26, 2024, but the range typically falls between $133,900 and $177,000. 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.
Percentile | Salary | Location | Last Updated |
10th Percentile Director Credit and Collections Operations Salary | $113,961 | US | March 26, 2024 |
25th Percentile Director Credit and Collections Operations Salary | $133,900 | US | March 26, 2024 |
50th Percentile Director Credit and Collections Operations Salary | $155,800 | US | March 26, 2024 |
75th Percentile Director Credit and Collections Operations Salary | $177,000 | US | March 26, 2024 |
90th Percentile Director Credit and Collections Operations Salary | $196,301 | US | March 26, 2024 |
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The Director Credit and Collections Operations designs and implements processes to improve cash flow and reduce receivables. Leads the overall credit function. Being a Director Credit and Collections Operations consults with current and future clients regarding their level of credit. Develops policies regarding the investigation of customers, extension of credit lines, and collections. In addition, Director Credit and Collections Operations oversees the negotiation and course of action taken for overdue accounts. Typically requires a bachelor's degree. Typically reports to top management. The Director Credit and Collections Operations manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. Working as a Director Credit and Collections Operations typically requires 5+ years of managerial experience. (Copyright 2024 Salary.com)
5 + years experience
Bachelor's Degree
Bachelor's Degree
JD, MD, PhD or Equivalent
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 Manager | Experience 5 + | 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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