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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.

Director Credit and Collections Operations Salaries by Percentile
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
25% $133,900 10% $113,961 90% $196,301 75% $177,000 $155,800 50%(Median) Didn’t find job title? Click
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Job Description

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)

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Average Base Salary

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133900
177000
155800

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
148900
213900
178500
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Director Credit and Collections Operations in the United States. The base salary for Director Credit and Collections Operations ranges from $133,900 to $177,000 with the average base salary of $155,800. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $148,900 to $213,900 with the average total cash compensation of $178,500.
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133900
177000

 

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