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Assistant collections manager vs business relationship manager

The differences between assistant collections managers and business relationship managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both an assistant collections manager and a business relationship manager. Additionally, a business relationship manager has an average salary of $87,741, which is higher than the $44,728 average annual salary of an assistant collections manager.

The top three skills for an assistant collections manager include customer service, loan applications and customer satisfaction. The most important skills for a business relationship manager are customer service, relationship management, and cash management.

Assistant collections manager vs business relationship manager overview

Assistant Collections ManagerBusiness Relationship Manager
Yearly salary$44,728$87,741
Hourly rate$21.50$42.18
Growth rate17%17%
Number of jobs37,050114,003
Job satisfaction--
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 75%
Average age4646
Years of experience88

Assistant collections manager vs business relationship manager salary

Assistant collections managers and business relationship managers have different pay scales, as shown below.

Assistant Collections ManagerBusiness Relationship Manager
Average salary$44,728$87,741
Salary rangeBetween $32,000 And $61,000Between $61,000 And $125,000
Highest paying City-San Francisco, CA
Highest paying state-New Jersey
Best paying company-AstraZeneca
Best paying industry-Technology

Differences between assistant collections manager and business relationship manager education

There are a few differences between an assistant collections manager and a business relationship manager in terms of educational background:

Assistant Collections ManagerBusiness Relationship Manager
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 75%
Most common majorBusinessBusiness
Most common collegeStanford UniversityUniversity of Pennsylvania

Assistant collections manager vs business relationship manager demographics

Here are the differences between assistant collections managers' and business relationship managers' demographics:

Assistant Collections ManagerBusiness Relationship Manager
Average age4646
Gender ratioMale, 43.6% Female, 56.4%Male, 64.6% Female, 35.4%
Race ratioBlack or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.0% Asian, 7.5% White, 65.2% American Indian and Alaska Native, 0.3%Black or African American, 7.4% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.9% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between assistant collections manager and business relationship manager duties and responsibilities

Assistant collections manager example responsibilities.

  • Manage all accounts receivable activities including billing, customer dispute resolution, cash application collections, write-offs and month-end reconciliations.
  • Ensure compliance with all state and federal guidelines for all transactions (FDCPA).
  • Improve overall relationship with CMS regarding billing & collection practices from previous negative relationship.
  • Direct and administer internal / SOX audits to ensure regulatory compliance and operational efficiency/accuracy.
  • Develop standardized AR follow-up processes and diminish outstanding AR relate to Medicare and other healthcare payers.
  • Perform collections activities on delinquent loan accounts to include repossessions, foreclosures, bankruptcy proceedings, and disposition of repossess assets.
  • Show more

Business relationship manager example responsibilities.

  • Manage cross-selling and foster customer loyalty by ensuring value to these services.
  • Originate and structure commercial loans and manage credit risk both before and after loan origination.
  • Prepare and manage annual budget, perform financial reporting, complete tax returns, and manage personnel and payroll functions.
  • Manage a portfolio in various stages of workout including liquidation, refinancing, restructure, rehabilitation, bankruptcy and litigation.
  • Complete extensive executive training in business banking, with focus on commercial loan origination, deposits and treasury services.
  • Negotiate and procure supplies to maximize return on investment through use of RFP process.
  • Show more

Assistant collections manager vs business relationship manager skills

Common assistant collections manager skills
  • Customer Service, 19%
  • Loan Applications, 13%
  • Customer Satisfaction, 9%
  • Delinquent Accounts, 8%
  • Past Due Accounts, 6%
  • Credit Card, 4%
Common business relationship manager skills
  • Customer Service, 10%
  • Relationship Management, 7%
  • Cash Management, 6%
  • Risk Management, 6%
  • Business Development, 6%
  • Customer Relationships, 5%

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