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Collection Manager Jobs in Elgin, IL (NOW HIRING)

Mandarich Law Group, LLP

Collection Agent

Chicago, IL · On-site

Effectively manage an open queue of accounts to consistently hit your monthly collection goal. Requirements * Excellent verbal communication skills. * Multitasking and time management skills to work ...

Sidley

Data Collection Senior Analyst

Chicago, IL · Hybrid

$98K - $150K/yr

The Data Collection Senior Analyst supports clients and matter teams by executing defensible ... Able to manage multiple projects with competing deadlines and priorities #LI-Hybrid #LI-OE1 The ...

Cooley

Senior Collections Coordinator

Chicago, IL · On-site

$90K - $133K/yr

Work with client in the management of their accounts. Provide billing and payment advice * Analyze and prepare historical collection trend analysis * Monitor payment plans, both under headings of ...

TSMG

Mapping Data Collection Driver

Aurora, IL · On-site

Our field data collection teams are spread across Europe and North America, ready to accept new ... Strong time management and reliability * Comfortable working independently in the field

Cooley LLP

Senior Collections Coordinator

Chicago, IL

$90K - $133K/yr

Work with client in the management of their accounts. Provide billing and payment advice * Analyze and prepare historical collection trend analysis * Monitor payment plans, both under headings of ...

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Collection Manager information

See Elgin, IL salary details

$30.6K

$58K

$107.7K

How much do collection manager jobs pay per year?

As of Jun 10, 2026, the average yearly pay for collection manager in Elgin, IL is $58,047.00, according to ZipRecruiter salary data. Most workers in this role earn between $40,000.00 and $64,700.00 per year, depending on experience, location, and employer.

What are some common challenges faced by Collection Managers, and how can they be effectively addressed?

Collection Managers often encounter challenges such as managing difficult conversations with delinquent clients, balancing collection goals with maintaining customer relationships, and ensuring compliance with relevant regulations. Effective strategies include ongoing training in negotiation and conflict resolution, utilizing data-driven tools to prioritize accounts, and fostering strong communication within the collections team. Staying current with industry best practices and legal requirements also helps Collection Managers navigate these challenges successfully.

What Does a Collection Manager Do?

A collection manager at a museum, library, or similar facility ensures the proper care of objects that are a part of the facility’s collections. In this career, your responsibilities include managing storage, working with the catalog, and helping to preserve, curate, archive, and catalog the items at the library or museum. Other duties may include helping to develop the policies associated with the disposal and acquiring of objects for the facility. Such policies outline how the facility plans to collect items, the types of objects that they have interest in, and how and why they may need to dispose of these items.

What are collection managers?

Collection managers are professionals responsible for overseeing and maintaining collections of valuable items, such as artwork, artifacts, documents, or specimens, in museums, libraries, galleries, or archives. Their duties typically involve cataloging, preserving, and ensuring the security and proper storage of collection items. They also coordinate acquisitions, loans, and exhibitions, and may supervise other staff or volunteers. Collection managers play a crucial role in protecting cultural, historical, or scientific assets for future generations.

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

To thrive as a Collection Manager, you need strong analytical skills, knowledge of credit and collections procedures, and typically a bachelor's degree in business, finance, or a related field. Familiarity with collection software, CRM systems, and relevant regulations such as the Fair Debt Collection Practices Act (FDCPA) is essential. Excellent negotiation, communication, and leadership abilities help you motivate teams and resolve disputes effectively. These skills are crucial for maximizing recoveries, maintaining compliance, and fostering positive client relationships.
More about Collection Manager jobs
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What job categories do people searching Collection Manager jobs in Elgin, IL look for? The top searched job categories for Collection Manager jobs in Elgin, IL are:
What cities near Elgin, IL are hiring for Collection Manager jobs? Cities near Elgin, IL with the most Collection Manager job openings:
Collection Manager jobs near you

Sr. Commercial Collection Agent Collection Agency

BIEHL & BIEHL INC

Carol Stream, IL

$20 - $25/hr

Full-time

Medical, Retirement, PTO

Posted 26 days ago

Job description

Benefits:
  • 401(k)
  • 401(k) matching
  • Bonus based on performance
  • Competitive salary
  • Health insurance
  • Opportunity for advancement
  • Paid time off
  • Training & development

About the Role:
Join Biehl & Biehl Inc. as a Sr. Commercial Collection Agent and play a crucial role in our collection agency. We're looking for a driven individual who thrives in a fast-paced environment and is passionate about helping businesses recover their debts effectively.
Responsibilities:
  • Manage and oversee commercial collection accounts to ensure timely payments.
  • Negotiate payment arrangements and settlements with clients professionally.
  • Conduct thorough investigations and research on delinquent accounts.
  • Maintain accurate records of all collection activities and communications.
  • Collaborate with team members to develop effective collection strategies.
  • Provide exceptional customer service while resolving disputes and inquiries.
  • Stay updated on industry regulations and best practices in collections.
  • Achieve monthly collection targets and contribute to team goals.
Requirements:
  • Minimum of 1-3 years of experience in commercial collections or a related field.
  • Strong negotiation and communication skills, both verbal and written.
  • Proficient in collection software and Microsoft Office Suite.
  • Ability to work independently and manage multiple accounts effectively.
  • Knowledge of relevant laws and regulations in debt collection.
  • Detail-oriented with strong analytical and problem-solving skills.
  • Positive attitude and a professional demeanor in all interactions.
About Us: Biehl & Biehl has been a trusted name in the collection industry for over 70 years, providing exceptional service to our clients nationally. Our commitment to integrity and results has earned us a loyal customer base, and our employees appreciate our supportive work environment and opportunities for growth.