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Collections Recovery Manager Jobs (NOW HIRING)

With Cherry, Inc

Collections & Recoveries Manager

Collections & Recoveries Manager About Cherry Started in 2019, Cherry is an extremely fast growing FinTech that has built the simplest, fastest, and most inclusive Buy Now, Pay Later solution for ...

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$58.7K

$109K

How much do collections recovery manager jobs pay per year?

As of Sep 11, 2026, the average yearly pay for collections recovery manager in the United States is $58,722.00, according to ZipRecruiter salary data. Most workers in this role earn between $40,500.00 and $65,500.00 per year, depending on experience, location, and employer.

What does a collections recovery manager do?

A Collections Recovery Manager oversees the process of recovering overdue payments and managing delinquent accounts for an organization. They develop strategies to improve debt recovery rates, manage a team of collectors, and ensure compliance with relevant laws and regulations. Their role often involves analyzing accounts, negotiating with debtors, and collaborating with legal teams when necessary. The goal is to maximize the recovery of outstanding debts while maintaining positive relationships with clients.

What are the key skills and qualifications needed to thrive as a collections recovery manager?

To thrive as a Collections Recovery Manager, you need expertise in debt recovery processes, strong analytical skills, and typically a background in finance or business administration. Familiarity with collections management software, CRM systems, and regulatory compliance tools is essential, and certifications in credit or collections can be advantageous. Exceptional negotiation, conflict resolution, and leadership abilities enable effective team management and positive debtor interactions. These skills are crucial for maximizing recovery rates while maintaining compliance and protecting the organization’s reputation.

What are some common challenges faced by collections recovery managers, and how can they be addressed?

Collections Recovery Managers often face challenges such as handling high volumes of delinquent accounts, maintaining compliance with regulations, and balancing firm recovery efforts with customer service. Addressing these challenges requires strong organizational skills, up-to-date knowledge of relevant laws, and effective communication with both team members and customers. Many managers find success by implementing robust training programs for their teams and leveraging technology to track and analyze collection activities, ensuring ethical and efficient processes.

What cities are hiring for Collections Recovery Manager jobs?

Cities with the most Collections Recovery Manager job openings:

What states have the most Collections Recovery Manager jobs?

States with the most job openings for Collections Recovery Manager jobs include:

What are popular job titles related to Collections Recovery Manager jobs?

For Collections Recovery Manager jobs, the most frequently searched job titles are:

Infographic showing various Collections Recovery Manager job openings in the United States as of August 2026, with employment types broken down into 88% Full Time, 11% Part Time, and 1% Contract. Highlights an 85% Physical, 2% Hybrid, and 13% Remote job distribution, with an average salary of $58,722 per year, or $28.2 per hour.

COLLECTIONS & RECOVERY ATTORNEY

Warren, OH • On-site

7 17 Credit Union
Finance and Insurance • 201 - 500 employees
Learn more about 7 17 Credit Unionexternal

Full-time

Posted 16 days ago

Job description

Join Our Team

At 7 17 Credit Union, our mission is simple: We help people improve their lives financially and support the communities we serve.

We are seeking an experienced Collections & Recovery Attorney to lead the legal collection and recovery efforts for our consumer, real estate, commercial lending, and negative share account portfolios. This role offers the opportunity to make a meaningful impact while collaborating with a dedicated team committed to member service, compliance, and operational excellence.

Position Summary

The Collections & Recovery Attorney develops and executes legal strategies to maximize recoveries and minimize losses. This position is responsible for managing litigation, bankruptcy, probate, foreclosure, repossession, and related collection matters while ensuring compliance with all applicable laws and regulations.

Key ResponsibilitiesLitigation & Recovery Management
  • Manage legal matters involving consumer, residential mortgage, and commercial loan collections.
  • Prepare, file, and oversee collection actions, including complaints, judgments, garnishments, and cognovit actions.
  • Negotiate settlements and resolutions with debtors and opposing counsel.
  • Represent the Credit Union in hearings, trials, bankruptcy proceedings, and other court matters.
Leadership & Collaboration
  • Provide guidance and support to Legal Administrative Assistants, Recovery Specialists, and Bankruptcy/Probate Specialists.
  • Partner with Lending, Finance, Servicing, Operations, and other departments to support organizational goals.
  • Assist with training initiatives and promote compliance with internal policies and applicable laws.
Compliance & Risk Management
  • Ensure collection and recovery activities comply with federal and state laws, regulations, court rules, and procedures.
  • Monitor legal developments affecting creditors' rights and debt collection practices.
  • Identify and mitigate legal and operational risks.
  • Help develop and maintain policies and procedures that protect the Credit Union’s interests.
Process Improvement & Reporting
  • Review recovery processes and recommend efficiencies that improve performance and consistency.
  • Prepare reports on recovery results, trends, metrics, and process improvements.
  • Draft and review legal pleadings, correspondence, settlement agreements, and other collection-related documents.
Why Join 7 17 Credit Union?
  • Meaningful work supporting the financial well-being of our members and communities.
  • Collaborative and mission-driven culture.
  • Opportunity to contribute to legal strategy and operational improvements.
  • Professional growth and leadership opportunities within a respected financial institution.
Apply Today

If you are a motivated attorney with a strong background in creditors' rights, collections, bankruptcy, and litigation, we encourage you to apply and become part of a team dedicated to helping people improve their financial lives.

7 17 Credit Union is an Equal Opportunity Employer and values diversity in the workplace.

QualificationsRequired Education & Licensure
  • Juris Doctor (J.D.) degree from an accredited law school.
  • Active license to practice law in the State of Ohio.
  • Admission to practice before the United States District Court and United States Bankruptcy Court for the Northern District of Ohio, or the ability to obtain admission promptly after hire.
Required Experience
  • 3-5 years of experience representing creditors in:
    • Debt collection
    • Foreclosure matters
    • Bankruptcy proceedings
    • Related litigation
  • Experience managing legal caseloads and legal processes.
  • Experience supervising or mentoring legal support staff preferred.
Knowledge, Skills & Abilities
  • Strong understanding of:
    • Fair Debt Collection Practices Act (FDCPA)
    • Fair Credit Reporting Act (FCRA)
    • Servicemembers Civil Relief Act (SCRA)
    • CFPB requirements and related creditor regulations
  • Experience representing creditors in state and federal courts.
  • Excellent legal research, writing, negotiation, and advocacy skills.
  • Strong organizational, analytical, and problem-solving abilities.
  • Ability to balance multiple priorities while maintaining attention to detail.
  • Commitment to professionalism, confidentiality, and exceptional service.

Apply