Collections Manager

Collections Manager Salary

Average Yearly Salary
$56,000
$31,000
Min 10%
$56,000
Median 50%
$99,000
Max 90%
Best Paying Company
BNP Paribas
Highest Paying City
New York, NY
Highest Paying State
New York
Average Experience Level
3.9 years
How much does a collections manager make?
The national average salary for a Collections Manager in the U.S. is $56,246 annually or $27.04 hourly. If you are in the top 10 percent, you will make over $99,000; however, if you are in the bottom 10 percent, you will earn less than $31,000 per year. Employers that have the highest concentration of job opportunities for Collections Managers are Professional companies and Finance companies. Some of the states with the best Collections Manager salaries are New York, Delaware, New Jersey, District of Columbia, and Maryland. The typical employment in the position spans 3.9 years.
Annual Salaries For Related Jobs

Average Collections Manager Salary By Location

The national average salary for a Collections Manager in the United States is $56,246 per year or $27.04 per hour. The city with the highest Collections Manager salary is New York, NY at $96,618 per year. The average starting salary in New York, NY for Collections Managers is $47,000. New York, Delaware, New Jersey, District of Columbia, and Maryland are the states with the highest payscale for Collections Managers. The lowest earning states are Wyoming, Maine, Nevada, Utah, and Vermont.
RankCityAverage Salary
1
New York, NY
$96,618
2
Reston, VA
$87,917
3
Newark, DE
$86,728
4
Washington, DC
$84,503
5
Philadelphia, PA
$78,922

Average Collections Manager Salary By Company

If you are a Collections Manager, you can expect good job security. However, keep in mind that some industries pay better than others. Most Collections Manager jobs are in Professional companies and Professional companies. BNP Paribas and Citi are the highest paying companies. If you can find a job at a company like Elmira Savings Bank or North Shore Univ Hospital, they also offer very competitive salaries to their Collections Managers.

Average Collections Manager Pay By Industry

The type of industry that a Collections Manager works in can influence their earning potential. By looking at our data, we can see that Utilities companies, Finance companies, and Manufacturing companies pay their Collections Managers well. Salaries for Collections Managers in Utilities companies average $63,188 annually, while Finance companies and Manufacturing companies pay $58,051 and $55,360, respectively. At $49,776, the average salary for Collections Managers in the Energy industry is lower than other industries.
RankIndustryAverage Salary
1
Utilities
$63,188
2
Finance
$58,051
3
Manufacturing
$55,360
4
Health Care
$54,686
5
Technology
$54,495

Recently Added Collections Manager Salaries

Company
Job
Location
Date Added
Salary
State of Michigan
Collections Manager
01/27/2020
$59,918
University of Colorado
Collections Manager
01/15/2020
$52,000
Rimtyme, LLC
Collections Manager
01/14/2020
$31,305
Brightstar Credit Union
Collections Manager
12/30/2019
$71,386
Randstad
Collections Manager
12/20/2019
$70,000
American Pool Enterprises
Collections Manager
12/11/2019
$55,000
Robert Half
Collections Manager
12/03/2019
$60,000
Randstad
Collections Manager
11/06/2019
$65,000
Robert Half
Collections Manager
10/22/2019
$41,500
Collections Manager
10/18/2019
$60,000
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