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Collector Lead Careers

There is more than meets the eye when it comes to being a collector lead. For example, did you know that they make an average of $47.48 an hour? That's $98,763 a year!

Between 2018 and 2028, the career is expected to grow -8% and produce -19,400 job opportunities across the U.S.

What Does a Collector Lead Do

There are certain skills that many collector leads have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed listening skills, negotiating skills and speaking skills.

When it comes to the most important skills required to be a collector lead, we found that a lot of resumes listed 14.1% of collector leads included customer service, while 8.5% of resumes included payment plans, and 7.5% of resumes included outbound calls. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the collector lead job title. But what industry to start with? Most collector leads actually find jobs in the finance and health care industries.

How To Become a Collector Lead

If you're interested in becoming a collector lead, one of the first things to consider is how much education you need. We've determined that 30.8% of collector leads have a bachelor's degree. In terms of higher education levels, we found that 4.4% of collector leads have master's degrees. Even though some collector leads have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a collector lead. When we researched the most common majors for a collector lead, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on collector lead resumes include high school diploma degrees or master's degree degrees.

You may find that experience in other jobs will help you become a collector lead. In fact, many collector lead jobs require experience in a role such as collector. Meanwhile, many collector leads also have previous career experience in roles such as customer service representative or collections representative.

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Average Salary
$98,763
Average Salary
Job Growth Rate
-8%
Job Growth Rate
Job Openings
16,464
Job Openings

Collector Lead Career Paths

Top Careers Before Collector Lead

Collector
18.1 %

Top Careers After Collector Lead

Collector
15.4 %

Collector Lead Jobs You Might Like

What is the right job for my career path?

Tell us your goals and we'll match you with the rights job to get there.

Average Salary for a Collector Lead

Collector Leads in America make an average salary of $98,763 per year or $47 per hour. The top 10 percent makes over $162,000 per year, while the bottom 10 percent under $60,000 per year.
Average Salary
$98,763
Find Your Salary Estimate
How much should you be earning as an Architect? Use Zippia's Salary Calculator to get an estimation of how much you should be earning.

Best Paying Cities

City
ascdesc
Average Salarydesc
Compton, CA
Salary Range81k - 141k$107k$107,351
New York, NY
Salary Range93k - 105k$100k$99,573
Wilmington, DE
Salary Range70k - 123k$93k$93,173
Cleveland, OH
Salary Range66k - 116k$88k$88,181
$66k
$141k

Recently Added Salaries

Job TitleCompanyascdescCompanyascdescStart DateascdescSalaryascdesc
Revenue Recovery Lead-Collections Division
Revenue Recovery Lead-Collections Division
State of Oklahoma
State of Oklahoma
06/25/2021
06/25/2021
$44,04106/25/2021
$44,041
Water Distribution and WW Collection Lead Operator
Water Distribution and WW Collection Lead Operator
City of College Station
City of College Station
06/19/2021
06/19/2021
$41,33006/19/2021
$41,330
Payroll/Accounting/Collections Lead
Payroll/Accounting/Collections Lead
STS Staffing
STS Staffing
01/28/2021
01/28/2021
$33,39201/28/2021
$33,392
Collector Lead
Collector Lead
Randstad
Randstad
09/26/2019
09/26/2019
$36,68909/26/2019
$36,689
Collector Lead
Collector Lead
Robert Half
Robert Half
08/10/2019
08/10/2019
$60,00008/10/2019
$60,000
See More Recent Salaries

Calculate your salary

Use Zippia's Salary Calculator to see how your pay matches up.

Collector Lead Demographics

Gender

female

55.8 %

male

38.9 %

unknown

5.3 %

Ethnicity

White

60.1 %

Hispanic or Latino

21.6 %

Black or African American

11.2 %

Foreign Languages Spoken

Spanish

75.0 %

Portuguese

8.3 %

Russian

5.6 %
See More Demographics

Collector Lead Education

Majors

Business
40.0 %

Degrees

Bachelors

30.8 %

Certificate

26.4 %

Associate

18.8 %

Online Courses For Collector Lead That You May Like

Accounting & Financial Statement Analysis: Complete Training
udemy
4.6
(8,636)

Accounting & Financial Ratio Analysis made easy. Learn important accounting skills that will get your foot in the door!...

Accounting, Bookkeeping, & Financial Statements: Zero to Pro
udemy
4.5
(2,685)

3 courses in 1 - Basic Bookkeeping to Advanced Financial Accounting and Financial Statements Preparation in just 8 hours...

Financial Accounting Payroll
udemy
4.3
(730)

Payroll calculations - federal income tax, social security, Medicare - Payroll journal entries posted to ledger accounts...

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Top Skills For a Collector Lead

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 14.1% of collector leads listed customer service on their resume, but soft skills such as listening skills and negotiating skills are important as well.

  • Customer Service, 14.1%
  • Payment Plans, 8.5%
  • Outbound Calls, 7.5%
  • Collection Calls, 7.3%
  • Credit Card, 6.1%
  • Other Skills, 56.5%
  • See All Collector Lead Skills

Best States For a Collector Lead

Some places are better than others when it comes to starting a career as a collector lead. The best states for people in this position are Alaska, Massachusetts, Connecticut, and Rhode Island. Collector leads make the most in Alaska with an average salary of $116,192. Whereas in Massachusetts and Connecticut, they would average $112,231 and $110,970, respectively. While collector leads would only make an average of $108,531 in Rhode Island, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. Alaska

Total Collector Lead Jobs:
108
Highest 10% Earn:
$197,000
Location Quotient:
7.25
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. Rhode Island

Total Collector Lead Jobs:
22
Highest 10% Earn:
$184,000
Location Quotient:
1.01
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. District of Columbia

Total Collector Lead Jobs:
9
Highest 10% Earn:
$262,000
Location Quotient:
0.3
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
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Top Collector Lead Employers

1. Citigroup
4.8
Avg. Salary: 
$98,763
Collector Leads Hired: 
20+
2. Wells Fargo
4.7
Avg. Salary: 
$107,426
Collector Leads Hired: 
19+
3. Discover Financial Services
4.6
Avg. Salary: 
$98,763
Collector Leads Hired: 
16+
4. I.C. System
4.0
Avg. Salary: 
$107,426
Collector Leads Hired: 
16+
5. Apria Healthcare Group
4.5
Avg. Salary: 
$76,294
Collector Leads Hired: 
11+
6. JPMorgan Chase & Co.
4.9
Avg. Salary: 
$107,426
Collector Leads Hired: 
10+

Collector Lead Videos

Updated October 2, 2020