Collections manager vs investments manager

The differences between collections managers and investments 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 manager and an investments manager. Additionally, an investments manager has an average salary of $116,102, which is higher than the $59,529 average annual salary of a collections manager.

The top three skills for a collections manager include customer service, collection management and portfolio. The most important skills for an investments manager are private equity, due diligence, and real estate.

Collections manager vs investments manager overview

	Collections Manager	Investments Manager
Yearly salary	$59,529	$116,102
Hourly rate	$28.62	$55.82
Growth rate	17%	17%
Number of jobs	44,553	42,946
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 51%	Bachelor's Degree, 71%
Average age	46	46
Years of experience	8	8

What does a collections manager do?

A collections manager is an individual who manages a staff of collectors whose job is to contact companies and individuals for the late payments on the products and services they have received. Collections managers oversee a company's process of retrieving money owed to them by assigning collectors to collect the money. They are required to handle customer complaints and must negotiate with customers about payment arrangements to ensure they are being paid. They also provide reports on the collection department's progress, statistics, and data analysis.

What does an investments manager do?

The job of investment managers or fund managers is to help clients grow their money and achieve their financial and personal goals in life. Investment managers have a variety of responsibilities that often include handling all activities associated with managing client portfolios, monitoring performance measurement and transaction settlement, and determining the best strategy for investments. Also, you will be responsible for providing advice on investments and handling investments and investor decisions with discretion. As an investment manager, you are also expected to offer recommendations about investments.

Collections manager vs investments manager salary

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

	Collections Manager	Investments Manager
Average salary	$59,529	$116,102
Salary range	Between $42,000 And $83,000	Between $68,000 And $198,000
Highest paying City	New York, NY	New York, NY
Highest paying state	New York	Alaska
Best paying company	Amazon	Netflix
Best paying industry	Health Care	Finance

Differences between collections manager and investments manager education

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

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

Collections manager vs investments manager demographics

Here are the differences between collections managers' and investments managers' demographics:

	Collections Manager	Investments Manager
Average age	46	46
Gender ratio	Male, 50.8% Female, 49.2%	Male, 65.5% Female, 34.5%
Race ratio	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%	Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.9% American Indian and Alaska Native, 0.3%
LGBT Percentage	11%	11%

Differences between collections manager and investments manager duties and responsibilities

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.

Investments manager example responsibilities.

Prepare quarterly IR reports for the board of directors, manage annual shareholder meetings and the annual report development process.
Develop a highly skil treasury and financial management team to achieve establish objectives.
Deliver and fund loans sell to FNMA and FHLMC as well as assisted in the secondary contract pipeline management.
Organize investor events, such as analyst days and NASDAQ opening bell ceremonies.
Provide support for investor relations activities, including phone calls and maintaining relationships with NASDAQ and analysts.
Adhere to FHLMC and specific servicing guidelines and regulations for daily and monthly remittance reporting utilizing MIDANET software.

Collections manager vs investments manager skills

Common collections manager skills

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

Common investments manager skills

Private Equity, 6%
Due Diligence, 6%
Real Estate, 5%
Investor Relations, 5%
Financial Statements, 5%
Asset Management, 4%

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Collections Manager
Collections Manager vs Investments Manager

Updated January 8, 2025

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