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Collections director vs assistant branch manager

The differences between collections directors and assistant branch 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 collections director and an assistant branch manager. Additionally, a collections director has an average salary of $73,243, which is higher than the $49,913 average annual salary of an assistant branch manager.

The top three skills for a collections director include oversight, process improvement and collection process. The most important skills for an assistant branch manager are quality customer service, branch management, and excellent organizational.

Collections director vs assistant branch manager overview

Collections DirectorAssistant Branch Manager
Yearly salary$73,243$49,913
Hourly rate$35.21$24.00
Growth rate17%17%
Number of jobs8,95737,800
Job satisfaction--
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 66%
Average age4646
Years of experience88

Collections director vs assistant branch manager salary

Collections directors and assistant branch managers have different pay scales, as shown below.

Collections DirectorAssistant Branch Manager
Average salary$73,243$49,913
Salary rangeBetween $43,000 And $122,000Between $35,000 And $70,000
Highest paying CityNew York, NYSan Francisco, CA
Highest paying stateNew YorkNew Jersey
Best paying companyWKYUCentennial Bank
Best paying industryTechnologyTransportation

Differences between collections director and assistant branch manager education

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

Collections DirectorAssistant Branch Manager
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 66%
Most common majorBusinessBusiness
Most common collegeStanford UniversityStanford University

Collections director vs assistant branch manager demographics

Here are the differences between collections directors' and assistant branch managers' demographics:

Collections DirectorAssistant Branch Manager
Average age4646
Gender ratioMale, 55.1% Female, 44.9%Male, 45.3% Female, 54.7%
Race ratioBlack or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.1% Asian, 7.3% White, 65.3% American Indian and Alaska Native, 0.3%Black or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.1% Asian, 8.4% White, 64.3% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between collections director and assistant branch manager duties and responsibilities

Collections director example responsibilities.

  • Achieve goal a year ahead of schedule, reducing DSO's from a steady 59 days to 43 days.
  • Manage team through budget/business plans with oversight responsibility to department objectives.
  • Credit and collection duties to maintain appropriate DSO levels.
  • Perform collections activities on delinquent loan accounts to include repossessions, foreclosures, bankruptcy proceedings, and disposition of repossess assets.
  • Supervise the project to move the majority of vendors and customers to ACH transactions.
  • Initial collections experience; develop communication and negotiation skills while quickly progressing through various departments specializing in different financial areas.

Assistant branch manager example responsibilities.

  • Manage the treasury internal control, internal audit, and external audit quarterly reviews.
  • Manage LTO's, review and approve all credits and assist with collections and A/R.
  • Manage the daily production operations and quality control; ensure that processes are in compliance with OSHA and company standards.
  • Negotiate service agreements for managing refrigeration and HVAC costs and prepare quoted work estimates.
  • Maintain existing customer relationships and develop new contacts through networking, cross-selling opportunities, and referrals.
  • Construct and maintain reporting system to assure HCS, HACCP, JACHO, and OSHA standard where maintain.
  • Show more

Collections director vs assistant branch manager skills

Common collections director skills
  • Oversight, 13%
  • Process Improvement, 8%
  • Collection Process, 7%
  • Customer Service, 6%
  • Financial Statements, 5%
  • Cash Flow, 5%
Common assistant branch manager skills
  • Quality Customer Service, 8%
  • Branch Management, 7%
  • Excellent Organizational, 6%
  • Loan Applications, 6%
  • Bank Products, 6%
  • Customer Satisfaction, 5%

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