Portfolio administrator vs collections manager

The differences between portfolio administrators and collections 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 portfolio administrator and a collections manager. Additionally, a portfolio administrator has an average salary of $61,414, which is higher than the $59,529 average annual salary of a collections manager.

The top three skills for a portfolio administrator include booking, securities and CDO. The most important skills for a collections manager are customer service, collection management, and portfolio.

Portfolio administrator vs collections manager overview

	Portfolio Administrator	Collections Manager
Yearly salary	$61,414	$59,529
Hourly rate	$29.53	$28.62
Growth rate	17%	17%
Number of jobs	53,690	44,553
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 81%	Bachelor's Degree, 51%
Average age	46	46
Years of experience	8	8

What does a portfolio administrator do?

A Portfolio Administrator oversees financial analysts to put into practice strategies capable of augmenting the organization's portfolio. They research and choose the portfolio's industries, products, and regions and update the stakeholders and management about these investment decisions. Other duties performed by portfolio administrators include writing reports, creating investment strategies, assessing financial information, and monitoring business trends. These professionals also identify market opportunities and risks and reorganize portfolios as required to meet all the financial goals.

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.

Portfolio administrator vs collections manager salary

Portfolio administrators and collections managers have different pay scales, as shown below.

	Portfolio Administrator	Collections Manager
Average salary	$61,414	$59,529
Salary range	Between $34,000 And $110,000	Between $42,000 And $83,000
Highest paying City	Old Bridge, NJ	New York, NY
Highest paying state	New Jersey	New York
Best paying company	Citi	Amazon
Best paying industry	Finance	Health Care

Differences between portfolio administrator and collections manager education

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

	Portfolio Administrator	Collections Manager
Most common degree	Bachelor's Degree, 81%	Bachelor's Degree, 51%
Most common major	Business	Business
Most common college	University of Pennsylvania	Stanford University

Portfolio administrator vs collections manager demographics

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

	Portfolio Administrator	Collections Manager
Average age	46	46
Gender ratio	Male, 47.9% Female, 52.1%	Male, 50.8% Female, 49.2%
Race ratio	Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 10.2% White, 63.3% American Indian and Alaska Native, 0.3%	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%
LGBT Percentage	11%	11%

Differences between portfolio administrator and collections manager duties and responsibilities

Portfolio administrator example responsibilities.

Block trade domestic equities for international mutual fund as well as separately manage accounts.
Track all corporate actions from ex-date to pay-date to ensure proper booking and train and coach new employees on assign funds.
Monitor FX exposure of the group to analyze and report deviations from the mean.
Communicate with PMs to make sure FX trades are executed and all cash remain invested.
Act as single point of contact during new CDO closings as well as CDO distributions and liquidations.
Execute client trades by funding and accounting, utilizing SEI, TRACS, and CDO suite software.

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.

Portfolio administrator vs collections manager skills

Common portfolio administrator skills

Booking, 14%
Securities, 9%
CDO, 7%
Bonds, 6%
Financial Statements, 5%
Reconciliations, 5%

Common collections manager skills

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

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Portfolio Administrator
Portfolio Administrator vs Collections Manager

Updated January 8, 2025

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