How much does a Top Collections Executive make in Bloomfield, NJ? The average Top Collections Executive salary in Bloomfield, NJ is $262,789 as of April 24, 2024, but the range typically falls between $223,074 and $318,284. 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. 

Top Collections Executive Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Top Collections Executive Salary $186,915 Bloomfield,NJ April 24, 2024
25th Percentile Top Collections Executive Salary $223,074 Bloomfield,NJ April 24, 2024
50th Percentile Top Collections Executive Salary $262,789 Bloomfield,NJ April 24, 2024
75th Percentile Top Collections Executive Salary $318,284 Bloomfield,NJ April 24, 2024
90th Percentile Top Collections Executive Salary $368,808 Bloomfield,NJ April 24, 2024
25% $223,074 10% $186,915 90% $368,808 75% $318,284 $262,789 50%(Median) Didn’t find job title? Click
Change Search Criteria

What skills does a Top Collections Executive need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

2.

Law Enforcement: Law enforcement is any system by which some members of society act in an organized manner to enforce the law by discovering, deterring, rehabilitating, or punishing people who violate the rules and norms governing that society. Although the term encompasses entities such as courts and prisons, it is most frequently applied to those who directly engage in patrols or surveillance to dissuade and discover criminal activity, and those who investigate crimes and apprehend offenders, a task typically carried out by the police or another law enforcement organization. Furthermore, although law enforcement may be most concerned with the prevention and punishment of crimes, organizations exist to discourage a wide variety of non-criminal violations of rules and norms, effected through the imposition of less severe consequences.

3.

Background Check: A background check or background investigation is a review of a potential employee's criminal, commercial and financial records. The goal of background checks is to ensure the safety and security of the employees in the organisation

Customer Service 5.16%
Law Enforcement 2.78%
Background Check 1.59%
Others 90.47%

Job Description for Top Collections Executive

Top Collections Executive develops overall corporate policies regarding collections of overdue/delinquent accounts. Ensures all collections policies are followed. Being a Top Collections Executive monitors collections activities and provides recommendations for improvement. May work with legal counsel or outside collections agencies to handle overdue accounts. Additionally, Top Collections Executive may require an advanced degree. Typically reports to top management. The Top Collections Executive manages a business unit, division, or corporate function with major organizational impact. Establishes overall direction and strategic initiatives for the given major function or line of business. Has acquired the business acumen and leadership experience to become a top function or division head. (Copyright 2024 Salary.com)... View full job description

Employers: Job Description Management Tool

See user submitted job responsibilities for Top Collections Executive.

Salary.com job board provides millions of Top Collections Executive information for you to search for. Click on search button below to see Top Collections Executive job openings or enter a new job title here.

Job Openings for Top Collections Executive in Bloomfield, NJ
  • Start something good. Empower your career. Cenlar is the nation’s leading mortgage loan subservicer. Our unique culture is defined by our core values of re...
    - 1 Month Ago
  • Start something good. Empower your career. Cenlar is the nation’s leading mortgage loan subservicer. Our unique culture is defined by our core values of re...
    - 2 Months Ago
  • Start something good. Empower your career. Cenlar is the nation’s leading mortgage loan subservicer. Our unique culture is defined by our core values of re...
    - 2 Months Ago
  • Start something good. Empower your career. Become an employee-owner at Cenlar. Employee owners have made Cenlar the nation’s leading mortgage loan subservi...
    - 14 Days Ago
  • Start something good. Empower your career. Become an employee-owner at Cenlar. Employee owners have made Cenlar the nation’s leading mortgage loan subservi...
    - 14 Days Ago
Those that have already made the climb...
Geert R. Kersten, Chief Executive and Financial Officer and Treasurer, Director
CEL-SCI Corporation, a clinical-stage biotechnology company, engages in the research and development of immune system therapy for the treatment of cancer and other diseases in the United States. The company's lead immunotherapy is Multikine, which has completed Phase 3 clinical trials for the potential treatment of cer... More
Fiscal Year Ended in 2022
Not the job you're looking for? Search more salaries here:
See if your skills match up? Check skills for Top Collections Executive

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst

Top Collections Executive salary varies from city to city. Compared with national average salary of Top Collections Executive, the highest Top Collections Executive salary is in San Francisco, CA, where the Top Collections Executive salary is 25.0% above. The lowest Top Collections Executive salary is in Miami, FL, where the Top Collections Executive salary is 3.5% lower than national average salary.

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
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Top Collections Executive, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
223074
318284
262789

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
248167
409168
311102
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Top Collections Executive in Bloomfield, NJ. The base salary for Top Collections Executive ranges from $223,074 to $318,284 with the average base salary of $262,789. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $248,167 to $409,168 with the average total cash compensation of $311,102.
Step 2 of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

223074
318284

 

Step 3 of 3

How much should you be paid?

About Bloomfield, New Jersey    Bloomfield is a township in Essex County, New Jersey, United States. As of the 2010 United States Census, the township's population was 47,315, reflec....More

Bloomfield, New Jersey  area prices were up 1.5% from a year ago    View the Cost of Living in Bloomfield, New Jersey

Top Collections Executive Salary in popular cities: NewarkJersey CityPaterson

Skills associated with Top Collections Executive: Outbound Collection Calling, Bill Collections, Negotiation, Skip Tracing ...More

Salary estimation for Top Collections Executive at companies like : Assessment Center, Ad Astra Educational Services LLC, For Inc