How much does a Consumer Loan Collection/Recovery Manager make in the United States? The average Consumer Loan Collection/Recovery Manager salary in the United States is $88,518 as of September 27, 2021, but the range typically falls between $73,627 and $103,600. 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. 

Based on HR-reported data: a national average with a geographic differential
25% $73,627 10% $60,069 90% $117,331 75% $103,600 $88,518 50%(Median)
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Check out Consumer Loan Collection/Recovery Manager jobs in Virginia

Senior Consumer Loan Processor

Burke & Herbert Bank & Trust - Alexandria, VA

C&I, Special Assets Loan Officer (AVP/VP)

National Cooperative Bank - Arlington, VA

Special Collections Senior Librarian/Curator

Washington Private Collection - Arlington, VA

Remote Loan Processing Assistant

RP Professional Services - Ashburn, VA

Job Description for 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. (Copyright 2021 Salary.com)... View full job description

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Job Openings for Consumer Loan Collection/Recovery Manager
Those that have already made the climb...
John D. Rainey, Chief Financial Officer and Executive Vice President, Global Customer Operations
PayPal Holdings, Inc. operates as a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants worldwide. Its payment solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom, and iZettle products. The company's Payments Platform allows consumer... More
Fiscal Year Ended in 2020
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City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.6%
City, State Chicago, IL Compared to national average
+ 6.1%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 20.3%
City, State Dallas, TX Compared to national average
-0.7%

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Average Base Salary

Core compensation

 
 
 
73627
103600
88518

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
81107
120817
100699
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Consumer Loan Collection/Recovery Manager in the United States. The base salary for Consumer Loan Collection/Recovery Manager ranges from $73,627 to $103,600 with the average base salary of $88,518. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $81,107 to $120,817 with the average total cash compensation of $100,699.
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73627
103600

 

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Skills associated with Consumer Loan Collection/Recovery Manager: Staff Training, Loan Collections , Banking Software, Credit and Collections Software

Recently searched related titles: Recovery Support Specialist

Salary estimation for Consumer Loan Collection/Recovery Manager at companies like : PAYPAL HOLDINGS INC, RE/MAX HOLDINGS INC, Square, Inc.

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