Credit Collections Manager

October 30, 2016

Credit Collections Manager 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.

Credit Collections Manager Salary Statistics as of 2015

Average annual salary for a Credit Collections Manager is $50530 based on statistics in the U.S. as of 2015. The highest salary recorded was $84321. The lowest salary reported was $34106. These figures will vary on a state to state basis as these are averages across all 50 states.

Median hourly wage for a Credit Collections Manager is $14.395 based on statistics in the U.S. as of 2015. The highest hourly rate recorded was $18.26. The lowest hourly rate recorded was $10.53. These figures will vary on a state to state basis as these are averages across all 50 states.

Bonuses for a Credit Collections Manager 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 $2006 from people with under 1 year of experience.

These are the highest paying states for a Credit Collections Manager. These numbers are based off the median annual salary as of 2015.
California – $38,858 – $89,434
Florida – $38,292 – $75,250
Illinois – $38,578 – $82,991
New Jersey – $38,466 – $101,063
New York – $36,382 – $87,372
Ohio – $38,230 – $79,424
Texas – $35,697 – $77,003

These are the highest paying cities for a Credit Collections Manager. These numbers are based off the median annual salary as of 2015.
Houston, Texas –
Chicago, Illinois –
Los Angeles, California –
New York, New York –
Atlanta, Georgia –
Dallas, Texas –
Columbus, Ohio –

This chart outlines the average annual salary of a Credit Collections Manager from the past 5 years. In 2015 the average annual salary was $50530 while in 2007 it was just $46860.64

Job Outlook

Gender Statistics

Related Jobs

37%

63%

Based on our stats gathered across the U.S. 37% of Credit Collections Managers were males while 63% were females. These numbers are based on averages across all states combined. Some individual states may have a much different ratio however.

Past Jobs

Credit Manager
$33,083 – $94,448
Credit / Collections Supervisor
$30,876 – $63,101
Collections Specialist
$24,522 – $47,213

Future Jobs

National Credit / Collections Manager
$42,753 – $106,895
Accounts Receivable Manager
$28,467 – $67,597
Collections Manager
$29,418 – $75,197