Recovery Officer Salary in Washington, DC

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How much does a Recovery Officer make in Washington, DC? The average Recovery Officer salary in Washington, DC is $51,466 as of May 28, 2024, but the salary range typically falls between $47,009 and $57,879. 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.

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Salary range for a Recovery Officer

$47,009 to $57,879

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What is a Recovery Officer?

A Recovery Officer is responsible for managing and overseeing the recovery of outstanding debts from individuals or businesses. This role involves contacting debtors to negotiate payment plans, monitoring payment schedules, and taking legal action if necessary. Recovery Officers also work closely with legal and financial teams to ensure compliance with regulations and company policies. Additionally, they may be responsible for maintaining accurate records of all debt recovery activities and providing regular reports to management. Strong communication and negotiation skills, as well as a thorough understanding of debt recovery processes and regulations, are essential for success in this role.

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Job Openings for Recovery Officer in Washington, DC

Senior Asset Recovery Officer

Nmble - Miami , FL

Our client in Miami is looking for a Sr. Asset Recovery Loan Officer to join their team. The ideal candidate will have proven experience and growth in Asset Recovery, Lending and Loan Workout. Strong ...

LinkedIn - 36 days ago

CHIEF FINANCIAL OFFICER (CFO)

Nexus Recovery Center - Dallas , TX

Nexus Family Recovery Center, located in Dallas, TX, is seeking an experienced Chief Financial Officer (CFO) to join our team! This on-site position will be responsible for financial strategy ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 6 days ago

Consumer Special Assets Officer

F&M Trust - Chambersburg , PA

ABOUT THE ROLE F&M Trust is seeking a Special Assets Officer following the promotion of the ... This role is responsible for performing loss mitigation and recovery activities regarding ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 15 days ago

Chief Financial Officer

Recovery Consultants of Atlanta - Tucker , GA

Join our team at Recovery Consultants of Atlanta as the Chief Financial Officer and contribute your expertise to a dynamic non-profit organization dedicated to making a difference in the community

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 34 days ago

Case Manager - Detox Program

Santa Fe Recovery Center, Inc - Santa Fe , NM

The Case Manager will report to the Chief Prevention and Recovery Officer. This position works as part of the interdisciplinary team to facilitate and coordinate clients' continuum of care activities ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 48 days ago

Chief Executive Officer

Las Cruces Recovery Center - Las Cruces , NM

*Experience in a CEO/ COO/ Executive Director position in an inpatient addiction treatment facility is required* Summit BHC is opening a new addiction treatment facility in Las Cruces, NM in the fall ...

LinkedIn - 30 days ago

What does a Recovery Officer do?

Common responsibilities of a Recovery Officer

Developing and implementing policies and procedures to minimize the risk of non-payment and improve recovery rates.

September 10, 2023

Monitoring and tracking overdue accounts to ensure timely recovery of outstanding debts.

September 20, 2023

Contacting customers who have defaulted on their payments to negotiate repayment plans.

October 04, 2023

Investigating and resolving customer queries and disputes related to outstanding payments.

October 07, 2023

Updating and maintaining accurate records of customer interactions and payment arrangements.

October 11, 2023

Liaising with legal and collection agencies to initiate legal action or repossession of assets in case of non-payment.

October 18, 2023

Conducting financial assessments and risk analysis to determine the likelihood of successful debt recovery.

October 29, 2023

Collaborating with other departments such as sales, customer service, and finance to identify and address potential issues that may lead to non-payment.

November 10, 2023

Analyzing and reporting on the effectiveness of recovery strategies and making recommendations for improvement.

November 16, 2023

Providing regular updates to management on the status of overdue accounts and recovery efforts.

November 18, 2023

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Recovery Officer Salary By Experience Levels in Washington, DC

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Recovery Officer Salary By Level of Education in Washington, DC

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LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Recovery Officer in Washington, DC

Average Base Salary

Core compensation

47009

57879

51466

Average Total Cash Compensation

Includes base and annual incentives

48247

59827

53168

What is the average salary for Recovery Officer in 2024?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Recovery Officer in Washington, DC. The base salary for Recovery Officer ranges from $47,009 to $57,879 with the average base salary of $51,466. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $48,247 to $59,827 with the average total cash compensation of $53,168.

View Average Salary for Recovery Officer as table

	Average Salary	Average Salary Range
Base Salary	$51,466	$47,009 - $57,879
Bonus	$1,702	$1,238 - $1,949
Total Pay	$53,168	$48,247 - $59,827

* 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.

Recovery Officer Salary Near Washington, DC

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Washington, DC
CITY, STATE Arlington, VA	AVERAGE SALARY RANGE $47,017 - $57,889	COMPARE TO Washington, DC
CITY, STATE Alexandria, VA	AVERAGE SALARY RANGE $47,017 - $57,889	COMPARE TO Washington, DC
CITY, STATE Annandale, VA	AVERAGE SALARY RANGE $47,017 - $57,889	COMPARE TO Washington, DC
CITY, STATE Bowie, MD	AVERAGE SALARY RANGE $46,918 - $57,767	COMPARE TO Washington, DC
CITY, STATE Bethesda, MD	AVERAGE SALARY RANGE $47,017 - $57,889	COMPARE TO Washington, DC
CITY, STATE Silver Spring, MD	AVERAGE SALARY RANGE $47,017 - $57,889	COMPARE TO Washington, DC

See salaries for Recovery Officer in locations close to Washington, DC. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Washington, District of Columbia

Washington, D.C. is located in the mid-Atlantic region of the U.S. East Coast. Due to the District of Columbia retrocession, the city has a total area of 68.34 square miles (177.0 km2), of which 61.05 square miles (158.1 km2) is land and 7.29 square miles (18.9 km2) (10.67%) is water. The District is bordered by Montgomery County, Maryland to the northwest; Prince George's County, Maryland to the east; Arlington County, Virginia to the south; and Alexandria, Virginia to the west. The south bank of the Potomac River forms the District's border with Virginia and has two major tributaries: the An...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

View Salary for Similar Jobs to Recovery Officer in Washington, DC

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JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE Debt Recovery Officer	LOCATION Washington, DC	MINIMUM SALARY $44,457	MAXIMUM SALARY $53,030
JOB TITLE Credit Recovery Officer	LOCATION Washington, DC	MINIMUM SALARY $56,690	MAXIMUM SALARY $77,329
JOB TITLE Recovery Nurse	LOCATION Washington, DC	MINIMUM SALARY $96,590	MAXIMUM SALARY $121,090
JOB TITLE Recovery Coordinator	LOCATION Washington, DC	MINIMUM SALARY $81,652	MAXIMUM SALARY $98,434
JOB TITLE Recovery Analyst	LOCATION Washington, DC	MINIMUM SALARY $35,390	MAXIMUM SALARY $43,847
JOB TITLE Recovery Manager	LOCATION Washington, DC	MINIMUM SALARY $155,483	MAXIMUM SALARY $187,320

The Recovery Officer job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Washington, DC that might be a good fit for the type of job and salary you are looking for.

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47009

57879

About Washington, District of Columbia Washington, D.C. is located in the mid-Atlantic region of the U.S. East Coast. Due to the District of Columbia retrocession, the city has a total area....More

Washington, District of Columbia area prices were up 1.3% from a year ago

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