How much does a Collection Officer make? The average Collection Officer salary is $49,028 as of November 27, 2023, but the salary range typically falls between $46,569 and $57,239. 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.
Salary range for a Collection Officer
$46,569 to $57,239
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What does a Collection Officer do?
Common responsibilities of a Collection Officer
Review Loss mitigation packages to determine/and or recommend best course of action to include repayment, forbearance, modification, short sale or DIL.
December 05, 2022
Following successful completion of the foundational training, each DO officer will transition into advanced training activity to prepare them to serve effectively in their respective career occupational specialty.
January 05, 2023
Prepare a wide variety of substantive oral and written products focused on the program performance and evaluations of all National Security Directorate mission areas and supporting activities.
January 27, 2023
Manage the two-way dialogue between the intelligence organization and intelligence consumers, establish and identify intelligence collection requirements, and evaluate intelligence to ensure collection is providing US foreign policy and national security decision-makers with timely, accurate, clear, and concise reporting.
January 29, 2023
Developing relationships and influencing change with key stakeholders including business operations leadership, NA and Global Risk Control teams, Compliance, and Legal are key responsibilities for this Director.
February 23, 2023
Collection Management Officers use a combination of formal training and independent learning to develop and maintain subject matter expertise on current and looming country- and region-specific issues and/or transnational issues such as counterterrorism, counter proliferation, and cyber.
March 07, 2023
Handles the seriously delinquent accounts after the third-party partner returns the account back to the credit union.
March 28, 2023
Collection Officer Salary in Major Cities
This chart shows the salary comparison for Collection Officer between major cities. San Francisco City consistently ranks #1 as of November 27, 2023. Click on the chart to see the detail salary data for Collection Officer in each city.
Collection Officer Salary by State
- Alaska
- Alabama
- Arkansas
- Arizona
- California
- Colorado
- Connecticut
- District of Columbia
- Delaware
- Florida
- Georgia
- Hawaii
- Iowa
- Idaho
- Illinois
- Indiana
- Kansas
- Kentucky
- Louisiana
- Massachusetts
- Maryland
- Maine
- Michigan
- Minnesota
- Missouri
- Mississippi
- Montana
- North Carolina
- North Dakota
- Nebraska
- New Hampshire
- New Jersey
- New Mexico
- Nevada
- New York
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Virginia
- Vermont
- Washington
- Wisconsin
- West Virginia
- Wyoming
Collection Officer Salary by City
Click to see the salary for Collection Officer in these major U.S. cities.
| City Name | Average Salary |
|---|---|
| San Francisco, CA | $61,285 |
| Washington, DC | $54,578 |
| Miami, FL | $47,582 |
| Chicago, IL | $51,720 |
| Boston, MA | $55,240 |
| New York, NY | $57,608 |
| Dallas, TX | $48,709 |
If you'd like know Collection Officer Salary in other cities, then please select a city in
Average Salary Range for Collection Officer
Average Base Salary
Core compensation
46569
57239
Average Total Cash Compensation
Includes base and annual incentives
What is the average salary for Collection Officer in 2023?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Collection Officer in the United States. The base salary for Collection Officer ranges from $46,569 to $57,239 with the average base salary of $49,028. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $46,569 to $57,239 with the average total cash compensation of $49,028.
View Average Salary for Collection Officer as table
| Average Salary | Average Salary Range | |
|---|---|---|
| Base Salary | $49,028 | $46,569 - $57,239 |
| Bonus | $0 | $0 - $0 |
| Total Pay | $49,028 | $46,569 - $57,239 |
* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.
* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.
Estimate Salary for Collection Officer online for free
Salary.com Estimate Salary Tool provides free, accurate and real-time salary for thousands of careers. Please enter the following pay factors for Collection Officer, to get a real-time salary target. If you want to get more detailed salary information, please view Professional Salary Report
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46569
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Comments about Collection Officer
What's the difference between Collection Manager and Collection Officer?
According to our latest salary estimation on November 27, 2023. The average salary of Collection Officer is $49,028, and the average salary of Collection Manager is $109,701. The average salary of Collection Manager is higher than Collection Officer. ( 2023-11-27 salary.com )
I am a Collection Officer, which location’s salary is higher, Hattiesburg, MS or Nashua, NH?
Nashua, NH typically sees higher pay than Hattiesburg, MS for Collection Officer. a Collection Officer Salary in Nashua, NH is $53,146 as of November 27, 2023; a Collection Officer Salary in Hattiesburg, MS is $42,841 as of November 27, 2023. ( 2023-11-27 salary.com )
Collection Officer Frequently Asked Questions
Why does the salary of a Collection Officer vary from city to city?
The cost of living is tied to salaries. If the expenses are higher in a particular city, then the wage level will be higher as well to afford the people can opportunity to live there. This is why you're always going to make more money in New York City for example, than in a small town. ( 2023-11-27 salary.com )
What are the Pay Factors for Collection Officer?
Salary ranges for a Collection Officer can vary widely, depending on the city and several other pay factors, including (but not limited to) education level, certifications, additional skills, and work experience. Click here to view Eight Factors That Can Affect Your Pay ( 2023-11-27 salary.com )
How the Pay Factors Influence Your Pay?
Salaries are ultimately dictated by the position being applied to, and hiring company, but there are several important pay factors that come into play based on your individual history that could impact your value to the company. Salary.com's Personal Salary Report will analyze these factors for you to help you maximize your earning potential. ( 2023-11-27 salary.com )
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Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role
Last Update: November 27, 2023