Collections Coordinator

October 30, 2016

Collections Coordinator Job Description

Bill and Account Collectors Locate and notify customers of delinquent accounts by mail, telephone, or personal visit to solicit payment. Duties include receiving payment and posting amount to customer’s account; preparing statements to credit department if customer fails to respond; initiating repossession proceedings or service disconnection; keeping records of collection and status of accounts.

Collections Coordinator Salary Statistics as of 2015

Average annual salary for a Collections Coordinator is $37812 based on statistics in the U.S. as of 2015. The highest salary recorded was $51371. The lowest salary reported was $27320. These figures will vary on a state to state basis as these are averages across all 50 states.

Median hourly wage for a Collections Coordinator is $18.8 based on statistics in the U.S. as of 2015. The highest hourly rate recorded was $25.55. The lowest hourly rate recorded was $13.59. These figures will vary on a state to state basis as these are averages across all 50 states.

Bonuses for a Collections Coordinator are based on the years of experience using statistics from the U.S. as of 2015. The average bonus recorded was $0 from people with 15+ years of experience. The average bonus recorded was $300 from people with under 1 year of experience.

These are the highest paying states for a Collections Coordinator. These numbers are based off the median annual salary as of 2015.
California – n/a
Georgia – n/a
New York – $48,000 – $63,984
Ohio – n/a
Pennsylvania – n/a
Texas – $34,888 – $41,340

These are the highest paying cities for a Collections Coordinator. These numbers are based off the median annual salary as of 2015.
New York, New York –
Houston, Texas –
Philadelphia, Pennsylvania –

This chart outlines the average annual salary of a Collections Coordinator from the past 5 years. In 2015 the average annual salary was $37812 while in 2007 it was just $35066.18

Job Outlook

Gender Statistics

Related Jobs

21%

79%

Based on our stats gathered across the U.S. 21% of Collections Coordinators were males while 79% were females. These numbers are based on averages across all states combined. Some individual states may have a much different ratio however.

Past Jobs

Collections Specialist
$24,521 – $47,200
Customer Service Representative (CSR)
$19,510 – $41,577
Collections Clerk
$20,544 – $39,495

Future Jobs

Credit / Collections Manager
$31,062 – $78,005
Credit / Collections Supervisor
$30,835 – $63,028
Collections Manager
$29,365 – $74,752