The average salary for a Collections Specialist is C$44,266.
Is Collections Specialist your job title? Get a personalized salary report!
C$36k - C$57k
C$1k - C$10k
C$0 - C$2k
C$0 - C$12k
C$34k - C$57k
Your Market Worth Over Time
How has your pay changed over time for your market? Find out by taking our salary quiz.
Job Description for Collections Specialist
Typically, a collections specialist is an individual that specializes in the collection of debt owed to their organization. They use a variety of means to contact individuals who have defaulted on debts and/or who have not paid past-due bills. Collections specialists usually work in a call center with other collections specialists, although they may telecommute from a remote location such as a home office. Usually a collections specialist has some experience working in a lending or banking rol…Read more
Collections Specialist Tasks
- Make collection and billing calls to reduce the lost assets of a company and delinquent payments.
- Monitor and maintain assigned accounts through follow up and possibly implement alternative payment options.
Collections Specialist Job Listings
Popular Skills for Collections Specialist
Skills in Customer Relations and Customer Service are correlated to pay that is above average. Skills that pay less than market rate include Microsoft Excel, Accounts Receivable and Bill Collections.
Pay by Experience Level for Collections Specialist
An early career Collections Specialist with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of C$40,718 based on 59 salaries. A mid-career Collections Specialist with 5-9 years of experience earns an average total compensation of C$43,612 based on 60 salaries. An experienced Collections Specialist with 10-19 years of experience earns an average total compensation of C$46,770 based on 70 salaries. In their late career (20 years and higher), employees earn an average total compensation of C$48,829.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Collections Specialist in their job title in Calgary, Alberta earn an average of 5.5% more than the national average. These job titles also find higher than average salaries in Vancouver, British Columbia (1.7% more) and Toronto, Ontario (1.5% more). The lowest salaries can be found in Winnipeg, Manitoba (12.4% less), Montréal, Québec (8.1% less) and Edmonton, Alberta (7.5% less).
Years of Experience
This data is based on 223 survey responses.
Related Job Salaries
C$31k - C$52k
C$30k - C$51k
C$37k - C$69k
C$32k - C$54k
C$34k - C$64k
C$26k - C$70k
C$28k - C$44k
C$32k - C$59k
C$12k - C$42k
C$31k - C$50k