How Much Does a Collection Recovery Specialist Make?

Updated January 01, 2025
As of January 01, 2025, the average annual pay of Collection Recovery Specialist in the United States is $38,611. While Salary.com is seeing that Collection Recovery Specialist salary in the US can go up to $54,787 or down to $20,818, but most earn between $29,297 and $47,078. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Collection Recovery Specialist
Collection/Recovery Supervisor
$64,600
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Collection/Recovery Manager
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Subrogation Claim and Recovery Specialist
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Collection Specialist
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Similar Job Salaries to Collection Recovery Specialist by Company

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Company average base salary in (usd) range
BECU
SR COLLECTION & RECOVERY SUPPORT SPECIALIST
$76,136/yr
$67,461
$84,812
RANGE: $67,461 - $84,812
First Horizon
Recovery Portfolio Collection Agent
$55,257/yr
$46,204
$64,309
RANGE: $46,204 - $64,309
Iceberg Finance Group
Bilingual Collection and recovery agent
$66,716/yr
$59,318
$74,115
RANGE: $59,318 - $74,115
State of Illinois
Collection & Asset Recovery Unit Supervisor
$139,392/yr
$114,089
$164,696
RANGE: $114,089 - $164,696
PrePass, LLC
Collection Specialist
$54,062/yr
$47,036
$61,089
RANGE: $47,036 - $61,089
$53,242/yr
$46,322
$60,161
RANGE: $46,322 - $60,161
GRM Document Management
Collection Specialist
$52,585/yr
$45,751
$59,419
RANGE: $45,751 - $59,419
LoanMart
Collection Specialist
$60,793/yr
$52,892
$68,694
RANGE: $52,892 - $68,694
AMSURG, LLC
Collection Specialist
$60,847/yr
$52,939
$68,756
RANGE: $52,939 - $68,756
SERVPRO Team Nichols
Collection specialist
$55,047/yr
$47,893
$62,202
RANGE: $47,893 - $62,202

Open Collection Recovery Specialist Jobs in the United States

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What Does a Collection Recovery Specialist Do?

Country court bailiffs are debt recovery specialists, employed by the Country Courts of the same country they operate in.
Updated December 21, 2021
Primary responsibilities are collections, customer servicing, submitting extension requests and other loss mitigation and recovery activities.
Updated December 14, 2021
Employing debt recovery specialist is not compulsory but can be the best debt collection strategy for a creditor.
Updated December 13, 2021
Previous collections experience with greater depth of understanding of Collections and Recovery organization desired.
Updated December 06, 2021
The role works in the Collections and Recovery Operations environment and will handle routine outbound or inbound calls at any stage of delinquency, up to and including Pre-Charge off and the Recovery area.
Updated December 04, 2021

Frequently Asked Questions About a Collection Recovery Specialist Salaries

What is the average of a Collection Recovery Specialist in the United States?

The Collection Recovery Specialist salary range is from $29,297 to $47,078, and the average Collection Recovery Specialist salary is $38,611/year in the United States. The Collection Recovery Specialist's salary will change in different locations.

Which location pays the highest Collection Recovery Specialist salary in the United States?

The Collection Recovery Specialist salary in San Jose, CA is $48,456 which is the highest in the US.

What kinds of reasons will influence the Collection Recovery Specialist's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Collection Recovery Specialist.

What is the growth rate of the Collection Recovery Specialist's salary?

If you are thinking of becoming a Collection Recovery Specialist or planning the next step in your career, find the detailed salary report of a Collection Recovery Specialist.

Recent Salary Report

Below are the most recent Collection Recovery Specialist salary reports. Employer name has been removed to protect anonymity.

$37,058 Yearly
A Collection Recovery Specialist in Fairbanks, AK reported making $37,058 per year
Fairbanks, AK
200 - 6 employees
Full-Time
Company - Private
$21 Hourly
A Collection Recovery Specialist in Dundalk, MD reported making $21 per hour
Dundalk, MD
7,6 - 15,000 employees
Part-Time
Company - Public
$14 Hourly
A Collection Recovery Specialist in Fort Worth, TX reported making $14 per hour
Fort Worth, TX
3,000 - 7,6 employees
Part-Time
Company - Public
$27,486 Yearly
A Collection Recovery Specialist in Corpus Christi, TX reported making $27,486 per year
Corpus Christi, TX
6 - 1,000 employees
Full-Time
Company - Private
$47,483 Yearly
A Collection Recovery Specialist in Newport News, VA reported making $47,483 per year
Newport News, VA
100 - 200 employees
Full-Time
Company - Private
$2,776 Monthly
A Collection Recovery Specialist in Austin, TX reported making $2,776 per month
Austin, TX
1,000 - 3,000 employees
Full-Time
Company - Public