Credit / Collections Director Salary

Compensation for Collections Directors in the United States is generous, with average pay surpassing six figures annually ($98K). Most Collections Directors survey respondents are men (71 percent). Almost all report receiving medical coverage from their employers and a large number collect dental insurance. The majority of Collections Directors claim high levels of job satisfaction. This report is based on answers to PayScale's salary questionnaire.

$59,846 - $136,798
(Median)
$60K
$98K
$140K
MEDIAN: $97,728
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$60K$120K$180K
Salary
$59,846 - $136,798  
   
Bonus
$3,091 - $30,639  
Profit Sharing
$2,396 - $6,500  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$59,322 - $158,515  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 150

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Job Description for Credit / Collections Director

  • Direct team to meet collection goals, and measure and report the team’s collection rates.
  • Work with third party agencies such as banks and law firms to resolve debt.
  • Set up debt payment plans and work with customers to help them pay off their debt.
  • Lead a credit collections team, supervise employees, and participate in hiring and disciplinary decisions.
  • Locate delinquent borrowers and notify them of their debts.

Credit / Collections Director Job Listings

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Popular Skills for Credit / Collections Director


Collections Directors report a focused set of job skills. Those who have experience with Credit Control, Collections, and Financial Analysis can expect to be compensated well for these skills. For most people, competency in Collections indicates knowledge of Financial Analysis.

Credit / Collections Director Reviews

What is it like working as a Credit / Collections Director?

Credit / Collections Director in Cincinnati:
"The Management."
Pros: Love what I do, love the firm I work for, love the people I work with.
Cons: The stress, the size of the firm, the lack of raises.

Related Job Salaries

United States (change)

Experience Affects Credit / Collections Director Salaries



National Average
$104,000

Mid-Career
up arrow 31%

Skills That Affect Credit / Collections Director Salaries

Credit Control
up arrow 4%

Collections
up arrow 1%

Financial Analysis
0%

National Average
$104,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 34 votes.

Gender

Female
29 %
Male
71 %

Years of Experience

1-4 years
3%
5-9 years
9%
10-19 years
43%
20 years or more
45%

Common Health Benefits

medical benefits Medical: 94% dental benefits Dental: 89%
vision benefits Vision: 63% employee benefits None: 5%