Director Credit and Collections Operations Salary in Philadelphia, Pennsylvania
Director Credit and Collections Operations Salary in Philadelphia, PA
How much does a Director Credit and Collections Operations make in Philadelphia, PA? The average Director Credit and Collections Operations salary in Philadelphia, PA is $163,000 as of May 28, 2024, but the range typically falls between $141,000 and $184,300. 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 | $120,970 | Philadelphia,PA | May 28, 2024 |
| 25th Percentile Director Credit and Collections Operations Salary | $141,000 | Philadelphia,PA | May 28, 2024 |
| 50th Percentile Director Credit and Collections Operations Salary | $163,000 | Philadelphia,PA | May 28, 2024 |
| 75th Percentile Director Credit and Collections Operations Salary | $184,300 | Philadelphia,PA | May 28, 2024 |
| 90th Percentile Director Credit and Collections Operations Salary | $203,693 | Philadelphia,PA | May 28, 2024 |
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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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Career Path for this job
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Down a level:
Credit and Collections Operations Manager
5 + years experience
Bachelor's Degree -
This Job:
Director Credit and Collections Operations
Bachelor's Degree -
Up a level:
Chief Credit & Collections Officer
JD, MD, PhD or Equivalent
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| Job Title Credit and Collections Analyst I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
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About Philadelphia, Pennsylvania Philadelphia, sometimes known colloquially as Philly, is the largest city in the U.S. state and Commonwealth of Pennsylvania, and the sixth-most popul....More
Philadelphia, Pennsylvania area prices were up 1.0% from a year ago View the Cost of Living in Philadelphia, Pennsylvania
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