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Collection teller vs collections, customer service

The differences between collection tellers and collectionss, customer service can be seen in a few details. Each job has different responsibilities and duties. Additionally, a collections, customer service has an average salary of $32,870, which is higher than the $31,959 average annual salary of a collection teller.

The top three skills for a collection teller include customer service, financial products and travelers checks. The most important skills for a collections, customer service are strong customer service, customer service, and payment arrangements.

Collection teller vs collections, customer service overview

Collection TellerCollections, Customer Service
Yearly salary$31,959$32,870
Hourly rate$15.36$15.80
Growth rate-12%-8%
Number of jobs11,728161,544
Job satisfaction--
Most common degreeBachelor's Degree, 33%High School Diploma, 33%
Average age3946
Years of experience-12

Collection teller vs collections, customer service salary

Collection tellers and collectionss, customer service have different pay scales, as shown below.

Collection TellerCollections, Customer Service
Average salary$31,959$32,870
Salary rangeBetween $26,000 And $39,000Between $27,000 And $39,000
Highest paying City-Danvers, MA
Highest paying state-Virginia
Best paying company-University of California
Best paying industry-Automotive

Differences between collection teller and collections, customer service education

There are a few differences between a collection teller and a collections, customer service in terms of educational background:

Collection TellerCollections, Customer Service
Most common degreeBachelor's Degree, 33%High School Diploma, 33%
Most common majorBusinessBusiness
Most common college--

Collection teller vs collections, customer service demographics

Here are the differences between collection tellers' and collectionss, customer service' demographics:

Collection TellerCollections, Customer Service
Average age3946
Gender ratioMale, 15.0% Female, 85.0%Male, 29.3% Female, 70.7%
Race ratioBlack or African American, 8.7% Unknown, 3.1% Hispanic or Latino, 24.2% Asian, 6.7% White, 56.6% American Indian and Alaska Native, 0.6%Black or African American, 11.4% Unknown, 4.2% Hispanic or Latino, 20.3% Asian, 3.8% White, 59.8% American Indian and Alaska Native, 0.5%
LGBT Percentage7%8%

Differences between collection teller and collections, customer service duties and responsibilities

Collection teller example responsibilities.

  • Calculate gross revenue by location and managing the data in AS400.
  • Post payments online (AS400).
  • Type and process Hud-1 forms, applications, and debt-to-income ratio forms.
  • Assist in processing department in Atm deposits, and encoding of checks, and balancing of branch debits and credits.
  • Analyze customer's needs, determine appropriate products and services and uncover additional cross-selling opportunities with existing and prospective clients.
  • Interpret and accurately process customer requests and transactions according to TCF guidelines.

Collections, customer service example responsibilities.

  • Monitor all assign accounts by reviewing the client's aging, manage all potential bad debit, DSO, aging.
  • Provide excellent verbal, written, oral communication skills, attend ongoing training of collections and FDCPA regulations and guidelines.
  • Provide excellent interpersonal, negotiation, and customer service skills via telephone.
  • Research accounts to verify credits and debits make are accurately post against supporting documents showing timely reflect within the FDCPA guidelines.
  • Prevent impending loss and increase profitability through negotiation and enforcement of schedule collection campaigns.
  • Submit additional information request by insurance companies such as medical records, primary/secondary insurance explanation of benefits (EOB).
  • Show more

Collection teller vs collections, customer service skills

Common collection teller skills
  • Customer Service, 32%
  • Financial Products, 11%
  • Travelers Checks, 10%
  • Delinquent Accounts, 8%
  • Payment Arrangements, 4%
  • Wire Transfers, 4%
Common collections, customer service skills
  • Strong Customer Service, 45%
  • Customer Service, 12%
  • Payment Arrangements, 5%
  • Credit Card Payments, 4%
  • Delinquent Accounts, 4%
  • Past Due Accounts, 3%

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