Average Salary for Jobs with Collections Management Skills

The average salary for jobs that require the skills of Collections Management is $244,753 based on United States National Average.

Base Salary

Core compensation

$188,039
$301,468
$244,753
Consumer Loan Collection Manager
Alternate Job Titles: Consumer Debt Collection Manager | Consumer Loan Collections Group Manager

Responsible for managing the collection efforts of an organization. Develops collection strategies to minimize collection portfolio loss. Designs and implements collection processes, policies, and procedures. Analyzes data, tracks metrics, and identifies trends to improve efficiency and results. Ensures the team is working efficiently and effectively to collect outstanding debts. May require a bac... View job details


Consumer Loan Collection Recovery Manager
Alternate Job Titles: Account Settlement and Recovery Manager - Consumer Loans | Collection/Recovery Manager | Loan/Bad Debt Recovery Manager

Manages a team of collection recovery representatives. Develops collection strategies, analyzes delinquency data, and identifies process improvements. Sets and monitors collection targets. Oversees the collection recovery process to ensure adherence with organizational guidelines and compliance with state and federal laws and regulations. Typically works for third-party debt collection agency. May... View job details


Loan Workout Manager
Alternate Job Titles: Commercial Loan Restructuring and Workout Manager | Loan Workout and Recovery Manager

Manages a team responsible for restructuring loans. Oversees the design and implementation of loan workout plans. Develops strategies to assist lenders and borrowers in restructuring loan terms, securing collateral/assets, and facilitating settlements. Ensures all actions are compliant with federal, state, investor, and company guidelines. Provides guidance and oversight on high complexity or chal... View job details


Loan Workout Senior Manager
Alternate Job Titles: Commercial Loan Workout Senior Manager | Loan Restructuring Senior Manager | Loan Workout and Recovery Senior Manager | Problem Loan Restructuring/Resolution Officer

Directs and manages a team responsible for restructuring loans. Oversees the design and implementation of loan workout plans. Develops strategies to assist lenders and borrowers in restructuring loan terms, securing collateral/assets, and facilitating settlements. Ensures all actions are compliant with federal, state, investor, and company guidelines. Provides guidance and oversight on high comple... View job details


VP of Collections
Alternate Job Titles: Head of Collections | Vice President of Collections

Develops overall corporate policies regarding collections of overdue/delinquent accounts. Ensures all collections policies are followed. Monitors collections activities and provides recommendations for improvement. May work with legal counsel or outside collections agencies to handle overdue accounts. Requires a bachelor's degree. Typically reports to top management. Manages a departmental functio... View job details