1. What is the average salary of a Consumer Loan Collection/Recovery Manager?
The average annual salary of Consumer Loan Collection/Recovery Manager is $96,942.
In case you are finding an easy salary calculator,
the average hourly pay of Consumer Loan Collection/Recovery Manager is $47;
the average weekly pay of Consumer Loan Collection/Recovery Manager is $1,864;
the average monthly pay of Consumer Loan Collection/Recovery Manager is $8,078.
2. Where can a Consumer Loan Collection/Recovery Manager earn the most?
A Consumer Loan Collection/Recovery Manager's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Consumer Loan Collection/Recovery Manager earns the most in San Jose, CA, where the annual salary of a Consumer Loan Collection/Recovery Manager is $121,662.
3. What is the highest pay for Consumer Loan Collection/Recovery Manager?
The highest pay for Consumer Loan Collection/Recovery Manager is $128,504.
4. What is the lowest pay for Consumer Loan Collection/Recovery Manager?
The lowest pay for Consumer Loan Collection/Recovery Manager is $65,768.
5. What are the responsibilities of Consumer Loan Collection/Recovery Manager?
Consumer Loan Collection/Recovery Manager manages a group of collection/recovery supervisors and develops collection strategies to minimize "bad debt" portfolio loss. Responsible for initial and ongoing training for all subordinate personnel. Being a Consumer Loan Collection/Recovery Manager requires a bachelor's degree. Typically reports to a top management. The Consumer Loan Collection/Recovery Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be a Consumer Loan Collection/Recovery Manager typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments.
