How Much Does an Operations Spec Collections make?

Operations Spec Collections made a median salary around $52,088 in December, 2024. The best-paid 25 percent made $58,521 probably that year, while the lowest-paid 25 percent made around $46,436. 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.
Check out Operations Spec Collections jobs in Juneau, Alaska

Branch Collections Specialist

OneMain Financial - DOUGLASVILLE, GA

Branch Collections Specialist

OneMain Financial - STATEN ISLAND, NY

Entry to Mid Level Collections Specialist

OneMain Financial - DOUGLASVILLE, GA

Entry to Mid Level Collections Specialist

OneMain Financial - STATEN ISLAND, NY

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Best-Paying Cities for Operations Spec Collections

The metropolitan areas that pay the highest salary in the Operations Spec Collections profession are Fort Wainwright , North Pole , Fairbanks , Eielson Afb , Jber .
Fort Wainwright, AK $52,466
North Pole, AK $52,466
Fairbanks, AK $52,466
Eielson Afb, AK $52,324
Jber, AK $52,088

Best-Paying States for Operations Spec Collections

The states and districts that pay Operations Spec Collections the highest salary are District of Columbia (around $52,608) , California (around $52,135) , New Jersey (around $51,804) , Alaska (around $51,474) , and Massachusetts (around $51,426) .
District of Columbia $52,608
California $52,135
New Jersey $51,804
Alaska $51,474
Massachusetts $51,426

What is the Career Path of Operations Spec Collections?

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Operations Spec Collections, the upper level is Collections Representative III , and then progresses to Collections Supervisor

Frequently Asked Questions for Operations Spec Collections

Q: What is the salary range of Operations Spec Collections in Juneau, AK?
A: In 2024 , the lowest-paid Operations Spec Collections in Juneau, AK earned an average annual salary of $46,436 , while the highest-paid made $58,521.
Q: What is the salary for an Operations Spec Collections in California?
A: Operations Spec Collections employed in California earned an average salary of $52,135 in 2024.

Average Operations Spec Collections Pay vs. Other Jobs

Operations Spec Collections earned an average salary of $52,088 in 2024. Other jobs related to Operations Spec Collections earned the following average salary in December, 2024. Operations Specialist Collections made $52,088 , Credit and Collections Operations Supervisor made $87,000 , Director Credit and Collections Operations and Credit and Collections Operations Manager made $172,800 and $124,200 respectively .

Relevant Jobs of Operations Spec Collections

Operations Specialist Collections - Average Salary $52,088
There is currently no job description for Operations Specialist Collections, be the first to submit the job responsibilities for Operations Specialist Collections.
The Credit and Collections Operations Supervisor oversees the processing and verification of applications for credit and the solicitation for payment on overdue accounts. Responsible for the activities and operations in the credit and collections department. Being a Credit and Collections Operations Supervisor ensures collectors follow all protocols, laws and regulations to collect payments efficiently. Investigates credit issues and suggests payment options to be approved. In addition, Credit and Collections Operations Supervisor may require a bachelor's degree. Typically reports to a manager. The Credit and Collections Operations Supervisor supervises a small group of para-professional staff in an organization characterized by highly transactional or repetitive processes. Contributes to the development of processes and procedures. Thorough knowledge of functional area under supervision. Working as a Credit and Collections Operations Supervisor typically requires 3 years experience in the related area as an individual contributor.
Director Credit and Collections Operations - Average Salary $172,800
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.
Credit and Collections Operations Manager - Average Salary $124,200
The Credit and Collections Operations Manager oversees investigation of credit risk in customers and suppliers and advises on course of action for credit applications. Develops and administers credit and collection programs. Being a Credit and Collections Operations Manager monitors and negotiates the collection of overdue accounts. Designs and implements processes to improve cash flow and reduce receivables. In addition, Credit and Collections Operations Manager monitors credit and collection processes and operations; makes recommendations on opportunities for improvement. Requires a bachelor's degree. Typically reports to top management. The Credit and Collections Operations Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Working as a Credit and Collections Operations Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes.
Collections Supervisor - Average Salary $77,586
Collections Supervisor supervises the day-to-day process and operations involved with collections on overdue/delinquent accounts. Reviews and develops policies and procedures and ensures compliance. Being a Collections Supervisor initiates demand letters, outbound calls, and handles escalated calls. Monitors collections activities for quality. Additionally, Collections Supervisor ensures that production targets are achieved. May require a bachelor's degree. Typically reports to a manager. The Collections Supervisor supervises a small group of para-professional staff in an organization characterized by highly transactional or repetitive processes. Contributes to the development of processes and procedures. To be a Collections Supervisor typically requires 3 years experience in the related area as an individual contributor. Thorough knowledge of functional area under supervision.