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Collections Manager Jobs in Elgin, IL (NOW HIRING)

Collections Specialist

Itasca, IL

$18 - $24.25/hr

Manage a portfolio of approximately 100 highly delinquent accounts (200+ days past due) * Make 30 ... Experience in collections or high-volume customer service * Ability to handle challenging ...

Collections Specialist

Itasca, IL

$18 - $24.25/hr

Manage a portfolio of approximately 100 highly delinquent accounts (200+ days past due) * Make 30 ... Experience in collections or high-volume customer service * Ability to handle challenging ...

Collections Specialist

Highland Park, IL

$18.75 - $25.50/hr

... autonomy to manage your workload independently • Business casual environment with a relaxed, professional culture Key Responsibilities for the Collections Specialist: • Perform outbound ...

Collections Specialist

Highland Park, IL

$18.75 - $25.50/hr

... autonomy to manage your workload independently • Business casual environment with a relaxed, professional culture Key Responsibilities for the Collections Specialist: • Perform outbound ...

Collections Specialist

Itasca, IL

$18 - $24.25/hr

Collections Specialist Take ownership of complex, high-risk accounts where your collections ... Manage and resolve a portfolio of delinquent commercial accounts • Make 30-50 outbound calls ...

Collections Specialist

Northfield, IL · Hybrid

$19.25 - $26/hr

Manage high‑volume collections on accounts past 30 days due * Conduct consistent outbound collection calls and follow‑up emails * Assist with large and complex accounts * Review daily inboxes and ...

Collections Specialist

Northfield, IL · Hybrid

$19.25 - $26/hr

Manage high‑volume collections on accounts past 30 days due * Conduct consistent outbound collection calls and follow‑up emails * Assist with large and complex accounts * Review daily inboxes and ...

Collections Specialist

Northfield, IL · Hybrid

$19.25 - $26/hr

Manage high‑volume collections on accounts past 30 days due * Conduct consistent outbound collection calls and follow‑up emails * Assist with large and complex accounts * Review daily inboxes and ...

Collections Specialist

Chicago, IL · Hybrid

$51K - $60K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

The ideal candidate will be responsible for managing and resolving customer billing and usage ... collections and accurate account management. This role follows a hybrid model (4 days in office, 1 ...

Collections Specialist

Chicago, IL · On-site

$51K - $60K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

The ideal candidate will be responsible for managing and resolving customer billing and usage ... collections and accurate account management. This role follows a hybrid model (4 days in office, 1 ...

Collections Specialist

Villa Park, IL · On-site

$25 - $32/hr

What you'll be doing We are seeking a professional Collections Specialist to join our Accounts ... Manage vendor relationships with external credit / collection providers. * Assist General Counsel ...

Collections Associate (Aderant)

Warrenville, IL · Remote

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Work closely with senior management and report on daily activities to resolve issues before they impact collections results. * *Create estimates of projected collections and adhere to client ...

Collections Associate (Aderant)

Warrenville, IL · On-site +1

$17.74/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Work closely with senior management and report on daily activities to resolve issues before they impact collections results. * *Create estimates of projected collections and adhere to client ...

Collections Associate (Aderant)

Warrenville, IL · Remote

$17.74/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Work closely with senior management and report on daily activities to resolve issues before they impact collections results. * *Create estimates of projected collections and adhere to client ...

Collections Specialist

Vernon Hills, IL · On-site

$24 - $26/hr

  • Medical

  • Dental

  • Vision

  • Retirement

Collections Specialist Location: Buffalo Grove, Illinois Assignment Type: 6 month contract with the ... Manage a portfolio of customer accounts to ensure timely collection of outstanding balances

Showing results 21-40

Collections Manager information

See Elgin, IL salary details

$30.6K

$58K

$107.7K

How much do collections manager jobs pay per year?

As of Aug 16, 2026, the average yearly pay for collections 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 does a collections manager do?

A collections manager oversees the process of collecting payments from customers or clients, ensuring accounts are paid on time. They coordinate with debtors, monitor overdue accounts, and may use collection software or tools to manage the process efficiently. Strong communication skills and knowledge of financial regulations are important in this role.

How much do collections managers make?

Collections managers typically earn a median annual salary of around $60,000 to $80,000, depending on experience, industry, and location. In larger markets, such as major cities, salaries can be higher, often exceeding $90,000 for experienced professionals. Compensation may also include bonuses and benefits related to debt recovery and financial management skills.

How does a collections manager typically collaborate with other departments to improve recovery rates?

A Collections Manager often works closely with teams such as customer service, sales, and finance to streamline the collections process and address payment issues more effectively. By sharing insights on overdue accounts and payment trends, they help these departments identify potential risks earlier and implement proactive solutions. Collaboration can also involve developing payment plans tailored to client needs, resolving disputes, and ensuring all communications align with company policies. This teamwork is essential for maximizing recovery rates while maintaining strong customer relationships.

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

To thrive as a Collections Manager, you need expertise in debt recovery strategies, financial analysis, and a background in finance or accounting, often supported by a bachelor’s degree. Familiarity with collections management software, CRM systems, and relevant regulations such as FDCPA is typically expected. Exceptional negotiation, leadership, and conflict-resolution skills help you manage teams and communicate effectively with clients. These abilities ensure effective recovery of outstanding debts while maintaining compliance and positive customer relationships.
More about Collections Manager jobs

What are the most commonly searched types of Collections jobs in Elgin, IL?

The most popular types of Collections jobs in Elgin, IL are:

What are popular job titles related to Collections Manager jobs in Elgin, IL?

For Collections Manager jobs in Elgin, IL, the most frequently searched job titles are:

What job categories do people searching Collections Manager jobs in Elgin, IL look for?

The top searched job categories for Collections Manager jobs in Elgin, IL are:

What cities near Elgin, IL are hiring for Collections Manager jobs?

Cities near Elgin, IL with the most Collections Manager job openings:

Infographic showing various Collections Manager job openings in Elgin, IL as of August 2026, with employment types broken down into 1% As Needed, 82% Full Time, 15% Part Time, 1% Contract, and 1% Nights. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $58,047 per year, or $27.9 per hour.

Collections Specialist

CFS

Itasca, IL

$18 - $24.25/hr

Full-time

Re-posted 2 days ago


Job description

Collections Specialist
About the Opportunity

Our client is looking for a Collections Specialist to join a fast-paced team handling late-stage commercial accounts. This role focuses on resolving higher-risk accounts through communication, problem-solving, and strategic follow-up.

This is a great opportunity for someone who enjoys taking ownership of accounts and making a direct impact.


Key Responsibilities for the Collections Specialist
  • Manage a portfolio of approximately 100 highly delinquent accounts (200+ days past due)
  • Make 30–50 outbound calls daily to customers regarding outstanding balances
  • Negotiate payment arrangements and drive account resolution
  • Escalate accounts to legal or repossession when appropriate
  • Perform research and skip tracing to locate customers
  • Prioritize accounts based on exposure and risk
  • Maintain accurate documentation of all account activity

Qualifications for the Collections Specialist
  • Experience in collections or high-volume customer service
  • Ability to handle challenging conversations professionally
  • Strong problem-solving skills and initiative
  • Ability to manage a full workload independently

Preferred Experience for the Collections Specialist
  • Background in commercial collections, equipment finance, or transportation industries
  • Exposure to repossession or legal escalation processes

What We’re Looking For
  • Strong communicator and people-oriented professional
  • Someone who takes initiative and ownership of their work
  • Comfortable working in a fast-paced, high-volume environment
  • Reliable and team-oriented

Why This Role?
  • Work on complex, high-impact accounts (not basic consumer collections)
  • Supportive, laid-back team environment
  • Opportunity for long-term or permanent placement
  • Positive office culture with a collaborative atmosphere