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Collections Manager Jobs in Wheaton, IL (NOW HIRING)

MORTGAGE COLLECTIONS SPECIALIST

Palatine, IL · On-site

$18.50 - $25.25/hr

The position primarily manages delinquent accounts through approximately 90 days delinquent and coordinates referral of appropriate accounts to the Loss Mitigation department when additional ...

New

Join KEYENCE as a Collections Specialist Location: Keyence U.S. Headquarters - Itasca, IL Total Compensation (Base + Bonus): $68,281 What You'll Do As a Collection Specialist you will be responsible ...

Credit & Collections Specialist

Schaumburg, IL · Hybrid

$18.25 - $24.50/hr

Collections Specialist Location: Schaumburg, IL | Hybrid - up to 50% remote Your mission at ... You'll have the independence to manage your accounts while being part of a collaborative Finance ...

Lead the global collections function, driving strategic initiatives that improve operational ... Develop strategies to manage complex, high-risk, and escalated accounts while balancing strong ...

Collections Team Lead

Lisle, IL · On-site

$60K - $62K/yr

This role openly communicates with management, providing recommendations for the team while ... Collections Support * Contact customers with overdue balances and attempt to collect entirely or ...

Showing results 41-60

Collections Manager information

See Wheaton, IL salary details

$30K

$56.8K

$105.3K

How much do collections manager jobs pay per year?

As of Aug 14, 2026, the average yearly pay for collections manager in Wheaton, IL is $56,755.00, according to ZipRecruiter salary data. Most workers in this role earn between $39,100.00 and $63,300.00 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 Wheaton, IL?

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

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

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

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

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

Infographic showing various Collections Manager job openings in Wheaton, IL as of August 2026, with employment types broken down into 88% Full Time, 11% Part Time, and 1% Contract. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution, with an average salary of $56,755 per year, or $27.3 per hour.

Sr Collector-Bilingual- 5+yrs Collections Exp Req'd (3yrs Auto)-$70k/yr+Bonus

Drive Now Acceptance

East Dundee, IL • On-site

$70K - $85K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 28 days ago


Job description

Successful Buy Here-Pay Here dealer is seeking a BILINGUAL Senior Collector

BASE $70,000/year plus up to $15,000 in Bonuses/yr! (based on exp/skill)

Earn from $70,000/yr to $85,000+/yr (based on experience/skill)

Drive Now Acceptance, Superior Car Credit's in-house financing company, is seeking an experienced, energetic, dedicated Senior Collector to join our collections team. We have openings in both our E Dundee and Marengo, IL locations.

We Offer:

  • Great Pay: Base Pay of $70,000 with up to $15,000/yr in BONUSES (based on exp/skill)

  • Earnings potential of up to $85,000+/yr (based on exp/skill)

  • 5 Day, 40 Hour Work Week: Saturdays are REQUIRED until 3pm

  • 401k Plan

  • Paid Time Off/Holiday Pay

  • Health Insurance

  • Dental Insurance

  • Vision Insurance

  • Life Insurance

  • Opprtunities to Advance

  • Fantastic, Supportive Management Team to ensure your SUCCESS

What we are looking for:

  • 5+ years Total Collections Experience REQUIRED

  • 3+ years experience in Auto Collections is aREQUIRED

  • Bilingual (SPANISH/ENGLISH) is REQUIRED

  • Subprime auto collections experience PREFERRED

  • Extensive knowledge of repossessions and impounds, skip tracing, & loan restructuring

  • Creative problem-solver, someone who thinks outside the boxs, solutions-oriented, with the ability to help customers get back on track with payments

  • Experience with initiating repossession when necessary

  • Strong organizational and multi-tasking abilities

  • Solid, consistent follow-up skills

  • Excellent customer service and relationship-building skills

  • Strong phone and computer skills

  • Clear, effective communication skills with the ability to build rapport with customers

If you are seeking a change or advancement opportunity, APPLY NOW. You may also call 855-931-2445 for more details on next steps. Be sure to include current contact information so we may call you.

Drive Now Acceptance

East Dundee, IL & Marengo, IL

  • Must Possess a Valid US Driver License & Reliable Transportation

  • Must Be Authorized To Work In The United States

  • Equal Opportunity Employer

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