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Collections director vs portfolio manager

The differences between collections directors and portfolio 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 a portfolio manager. Additionally, a portfolio manager has an average salary of $114,671, which is higher than the $73,243 average annual salary of a collections director.

The top three skills for a collections director include oversight, process improvement and collection process. The most important skills for a portfolio manager are portfolio management, customer service, and risk management.

Collections director vs portfolio manager overview

Collections DirectorPortfolio Manager
Yearly salary$73,243$114,671
Hourly rate$35.21$55.13
Growth rate17%17%
Number of jobs8,95743,192
Job satisfaction--
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 71%
Average age4646
Years of experience88

Collections director vs portfolio manager salary

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

Collections DirectorPortfolio Manager
Average salary$73,243$114,671
Salary rangeBetween $43,000 And $122,000Between $66,000 And $198,000
Highest paying CityNew York, NYStamford, CT
Highest paying stateNew YorkConnecticut
Best paying companyWKYUThe Citadel
Best paying industryTechnologyFinance

Differences between collections director and portfolio manager education

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

Collections DirectorPortfolio Manager
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 71%
Most common majorBusinessBusiness
Most common collegeStanford UniversityUniversity of Pennsylvania

Collections director vs portfolio manager demographics

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

Collections DirectorPortfolio Manager
Average age4646
Gender ratioMale, 55.1% Female, 44.9%Male, 66.6% Female, 33.4%
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, 7.5% Unknown, 4.1% Hispanic or Latino, 14.4% Asian, 10.1% White, 63.6% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between collections director and portfolio 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.

Portfolio manager example responsibilities.

  • Manage ongoing existing client needs and assist in credit structuring at loan origination.
  • Manage over $900M in U.S. Equities and fixed-income; are simultaneously responsible for monitoring over $1.4b in global assets
  • Manage governance, engage stakeholders and communicate budget impact to senior management.
  • Conduct post-promotion analysis and manage financial reporting to ensure favorable ROI for clients.
  • Create PowerPoint presentation books for clients.
  • Facilitate internal, external, GAAP audits.
  • Show more

Collections director vs portfolio manager skills

Common collections director skills
  • Oversight, 13%
  • Process Improvement, 8%
  • Collection Process, 7%
  • Customer Service, 6%
  • Financial Statements, 5%
  • Cash Flow, 5%
Common portfolio manager skills
  • Portfolio Management, 10%
  • Customer Service, 9%
  • Risk Management, 5%
  • Project Management, 5%
  • Financial Statements, 5%
  • Real Estate, 5%

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