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Bank Collection Manager Jobs in Washington (NOW HIRING)

The Building People

Facility Manager

Washington, DC

Effectively manage an assigned portfolio of projects while addressing challenges related: * Space ... Ability to assist with special projects on an as-needed basis, including food bank collection ...

The Building People

Facility Manager

Washington, DC · On-site

Effectively manage an assigned portfolio of projects while addressing challenges related: * Space ... Ability to assist with special projects on an as-needed basis, including food bank collection ...

Seneca Holdings

Blood Bank SME

Falls Church, VA · On-site

Assess country supply chains including collection, processing and storage capabilities * Provide ... Demonstrated ability to build relationships and manage expectations with diverse stakeholders

Seneca Holdings

Blood Bank SME

Falls Church, VA · On-site

Assess country supply chains including collection, processing and storage capabilities * Provide ... Demonstrated ability to build relationships and manage expectations with diverse stakeholders

Seneca Holdings

Blood Bank SME

Falls Church, VA

Assess country supply chains including collection, processing and storage capabilities * Provide ... Demonstrated ability to build relationships and manage expectations with diverse stakeholders

CityFirst Bank

Special Assets Manager

Washington, DC · On-site

$145K - $155K/yr

Manages Collections Officers and third-party collections vendors in an effort to optimize collection efforts. * Leads by example, embodying City First Bank's shared values of putting the customer and ...

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Bank Collection Manager information

See Washington salary details

$35.1K

$66.5K

$123.5K

How much do bank collection manager jobs pay per year?

As of May 31, 2026, the average yearly pay for bank collection manager in Washington is $66,508.00, according to ZipRecruiter salary data. Most workers in this role earn between $45,900.00 and $74,200.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Bank Collection Manager, and why are they important?

To thrive as a Bank Collection Manager, you need expertise in credit risk assessment, debt recovery strategies, and a background in finance or banking, often supported by a bachelor’s degree. Familiarity with loan management software, CRM systems, and regulatory compliance tools is typically required. Strong negotiation, leadership, and problem-solving skills help manage teams and interact effectively with clients. These abilities are vital to maximize debt recovery, maintain regulatory compliance, and uphold customer relationships within a financial institution.

What are the main challenges a Bank Collection Manager faces when managing a collection team?

A Bank Collection Manager often deals with the challenge of balancing effective debt recovery with maintaining positive customer relationships. They must ensure their team adheres to regulatory guidelines and ethical practices, while also meeting recovery targets. Motivating team members in a high-pressure environment and handling complex negotiations with delinquent clients are also common hurdles. Additionally, adapting strategies based on changing economic conditions and customer profiles is key to success in this role.

What does a Bank Collection Manager do?

A Bank Collection Manager is responsible for overseeing the process of recovering overdue payments on loans and credit accounts for a bank. They manage a team of collection agents, set strategies to maximize recovery, and ensure compliance with regulations and company policies. Their role includes negotiating with delinquent account holders, analyzing collection data, and implementing best practices to reduce non-performing assets. Effective communication and problem-solving skills are essential for this position.

What is the minimum salary of a bank manager?

The minimum salary of a bank collection manager varies depending on the location, experience, and size of the bank, but entry-level positions typically start around $40,000 to $50,000 annually. More experienced managers can earn upwards of $70,000 or more, with additional benefits and bonuses often included.

What is the difference between Bank Collection Manager vs Credit Analyst?

AspectBank Collection ManagerCredit Analyst
Primary RoleOversees collection processes for overdue accounts, manages collection teams, and minimizes bad debtAssesses creditworthiness of potential and existing clients to determine lending risk
Required CredentialsTypically requires banking or finance certifications, experience in collectionsOften requires finance, accounting, or economics degrees, and credit certifications
Work EnvironmentBanking institutions, collections departments, often in office settingsFinancial institutions, credit departments, analytical settings
Employer & Industry UsageCommonly employed by banks, financial institutions, lending companiesUsed by banks, credit agencies, and lending firms for risk assessment

The main difference is that a Bank Collection Manager focuses on recovering overdue debts and managing collections, while a Credit Analyst evaluates credit risk to support lending decisions. Both roles require financial knowledge and certifications but serve different functions within banking operations.

What are popular job titles related to Bank Collection Manager jobs in Washington? For Bank Collection Manager jobs in Washington, the most frequently searched job titles are:
What job categories do people searching Bank Collection Manager jobs in Washington look for? The top searched job categories for Bank Collection Manager jobs in Washington are:
What cities in Washington are hiring for Bank Collection Manager jobs? Cities in Washington with the most Bank Collection Manager job openings:
Bank Collection Manager jobs near you
Infographic showing various Bank Collection Manager job openings in Washington as of May 2026, with employment types broken down into 94% Full Time, 4% Part Time, 1% Temporary, and 1% Contract. Highlights an 100% Physical job distribution, with an average salary of $66,508 per year, or $32 per hour.
SVP, Special Assets Manager

SVP, Special Assets Manager

Capital Bank, N.A.

Rockville, MD • Hybrid

$120K - $180K/yr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 14 days ago

Job description

Position Purpose
Manage all aspects of the Special Assets team and of the assigned portfolio of Criticized and Classified loans. Provide direction and support to SVP and Collections Officers, including collection oversight, loan restructuring, and liquidation plans along with the identification of and recovery strategies that minimize losses to the Bank and ensure compliance with loan policy and regulatory requirements.  Manage all the daily, monthly, and quarterly reporting of the past due, criticized, and classified loan portfolio.

Position Responsibilities

  • Works closely with the Chief Credit Officer to manage the special assets team and provide oversight and direction of the collection efforts, including direct accountability for the Bank's Criticized and Classified loans.
  • Manages policy and procedures related to the Bank's collection and OREO management.
  • Monitors collateral values to ensure timely compliance with regulatory policy and Allowance for Credit Loss requirements for current valuation and impairment analysis.
  • Provide oversight to support the credit team in the collection and analysis of financial statements to propose effective and realistic plans for resolution of past due or delinquent borrowers.
  • Ensures timely and accurate reporting of asset quality, impairment, and charge-offs.
  • Adhere to the Bank's vendor policy and appropriately track/budget expenses when engaging competent legal counsel to support the Bank's collection efforts in connection with judgment/foreclosure litigation, asset liquidation, and bankruptcy.
  • Responsible for the implementation and reporting of workout action plans, including restructurings, forbearance agreements, legal actions, evaluating bank collateral and documentation, and recommending alternative solutions.
  • Attends and reviews watchlist and liquidation reports providing oversight to the Bank's third-party servicers for the government guaranteed, equipment finance, and residential mortgage portfolios.
  • Chairs the Management Special Asset Committee and provides tracking of the Bank's commercial and government guaranteed non-performing and watchlist assets including past due status, accrual status, collateral valuation, risk rating, and action plan.
  • Attends and participates in the Board Special Asset Committee on a quarterly basis.
  • Maintains strong relationships with business units to ensure smooth asset transitions.

Minimum Education & Experience

  • Bachelor's degree in relevant field or equivalent work experience
  • 10+ years of experience in a commercial lending environment with proven experience in commercial collections, credit evaluation, portfolio risk assessment, and/or special assets.

Technical Knowledge and Skills

  • Demonstrate knowledge and awareness of regulatory compliance requirements with a particular focus on credit collection and debt practices.
  • Demonstrate an ability to be part of a harmonious working relationship among the credit team as well as internal Bank clients with an ability to exercise good judgment.
  • Strong knowledge and understanding of credit and financial analysis tools and techniques.
  • Ability to identify and quantify business risks and the key drivers of risk and focus decisions accordingly.
  • Strong written and oral communication skills.
  • Strong organizational skills with ability to set priorities in a multi-task environment and meet deadlines.
  • Demonstrated proficiency with Windows based applications.

Compensation

  • Base Salary Range: $120,000 - $180,000 annually. Final determination of where you are at in the salary range is based on numerous factors such as geographical location, relevant experience, skill set, education, and ability to meet qualifications within the job description. 
  • Additional Compensation: This role will include a yearly annual target bonus based on individual performance.

Working Arrangements

  • This opportunity offers the flexibility to work in a hybrid working environment within our Rockville, MD headquarters. 

Why Join Us?

  • Join a growing company with a culture that fosters an entrepreneurial spirit
  • Comprehensive benefits package including Medical, Dental, Vision, Company Paid Life Insurance, Disability Insurance, and more? 
  • Company Contributions to your 401k - Regardless of your contribution
  • Employee Perks: Paid Parental Leave, Employee Recognition Program, Leadership Program, Tuition Reimbursement Program, Employee Bank Checking Account, and much more!
  • Generous Paid Time Off and Paid Holidays - Including Paid Charity Hours to support volunteer opportunities 

Apply