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Credit / Collections Director Salary

Collections Directors in the United States see excellent average salaries — about $103K annually. Almost all have medical and dental plans, and the greater part have vision insurance. Most people who answered the questionnaire are men; 69 percent of Collections Directors are male. Most workers in this position report high levels of job satisfaction. The information for this snapshot was generated by responses to the PayScale salary survey.
$59,265 - $136,807
(Median)
59K
75K
98K
120K
140K
MEDIAN: $98,109
10%
25%
50%
75%
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
$59,265 - $136,807  
   
Bonus
$3,020 - $30,411  
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).
)
$57,875 - $159,327  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 141
United States (change)

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


Survey results show that Collections Directors typically report just a few professional 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

Experience Affects Credit / Collections Director Salaries



National Average
$103,000

Mid-Career
up arrow 34%

Skills That Affect Credit / Collections Director Salaries

Credit Control
up arrow 4%

Collections
up arrow 3%

Financial Analysis
up arrow 1%

National Average
$103,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 32 votes.

Gender

Female
31 %
Male
69 %

Years of Experience

1-4 years
2%
5-9 years
9%
10-19 years
43%
20 years or more
46%

Common Health Benefits

medical benefits Medical: 94% dental benefits Dental: 89%
vision benefits Vision: 64% employee benefits None: 6%