Bank president vs collections manager

The differences between bank presidents and collections managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a bank president and a collections manager. Additionally, a bank president has an average salary of $121,264, which is higher than the $59,529 average annual salary of a collections manager.

The top three skills for a bank president include real estate, treasury and cash management. The most important skills for a collections manager are customer service, collection management, and portfolio.

Bank president vs collections manager overview

	Bank President	Collections Manager
Yearly salary	$121,264	$59,529
Hourly rate	$58.30	$28.62
Growth rate	17%	17%
Number of jobs	36,016	44,553
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 71%	Bachelor's Degree, 51%
Average age	46	46
Years of experience	8	8

Bank president vs collections manager salary

Bank presidents and collections managers have different pay scales, as shown below.

	Bank President	Collections Manager
Average salary	$121,264	$59,529
Salary range	Between $95,000 And $153,000	Between $42,000 And $83,000
Highest paying City	-	New York, NY
Highest paying state	-	New York
Best paying company	-	Amazon
Best paying industry	-	Health Care

Differences between bank president and collections manager education

There are a few differences between a bank president and a collections manager in terms of educational background:

	Bank President	Collections Manager
Most common degree	Bachelor's Degree, 71%	Bachelor's Degree, 51%
Most common major	Business	Business
Most common college	University of Pennsylvania	Stanford University

Bank president vs collections manager demographics

Here are the differences between bank presidents' and collections managers' demographics:

	Bank President	Collections Manager
Average age	46	46
Gender ratio	Male, 67.1% Female, 32.9%	Male, 50.8% Female, 49.2%
Race ratio	Black or African American, 8.5% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 9.4% White, 63.4% American Indian and Alaska Native, 0.3%	Black or African American, 8.0% Unknown, 4.1% Hispanic or Latino, 15.5% Asian, 7.3% White, 64.7% American Indian and Alaska Native, 0.3%
LGBT Percentage	11%	11%

Differences between bank president and collections manager duties and responsibilities

Bank president example responsibilities.

Establish leads by building upon existing clientele and developing relationships with major centers of influence including CPA's and attorneys.
Coordinate the development and management of appropriate personnel information, management database providing seamless integration with payroll and other school functions.
Trade equity and fix income securities for regional asset management groups mutual funds and institutional accounts.

Collections manager example responsibilities.

Achieve 182 FTE save, and annual net saving of $2.8MM
Manage Medicaid accounts in effort to receive payment from them.
Manage self pay and Medicaid pending collections throughout the southeast region.
Organize the managed care effort to ensure that patients are not accept from incorrect PPO's and HMO's.
Create and implement new quantitative process to achieve corporate DSO targets that determines monthly cash collection targets by business unit.
Achieve historical low of six percent in A/R over 30 days past due and reduction of DSO to 53 days.

Bank president vs collections manager skills

Common bank president skills

Real Estate, 25%
Treasury, 20%
Cash Management, 18%
Commercial Banking, 13%
Financial Products, 6%
Commercial Loans, 3%

Common collections manager skills

Customer Service, 15%
Collection Management, 9%
Portfolio, 7%
FDCPA, 5%
Delinquent Accounts, 4%
Credit Card, 4%

Bank President vs. similar jobs

Bank President related careers

Bank President related jobs

What similar roles do

Zippia Careers
Executive Management Industry
Bank President
Bank President vs Collections Manager

Updated January 8, 2025

Browse executive management jobs