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Credit Collection Jobs in Virginia (NOW HIRING)

Cash Application/Collection/Billing Analyst

Reston, VA · Hybrid

$49K - $66K/yr

Cash Application/Collection/Billing Analyst is responsible for processing customer payments daily ... Process billing adjustments, credits, and collections as needed * Verify payment information and ...

Cash Application/Collection/Billing Analyst

Reston, VA · Hybrid

$49K - $66K/yr

Cash Application/Collection/Billing Analyst is responsible for processing customer payments daily ... Process billing adjustments, credits, and collections as needed * Verify payment information and ...

Collections Department Lead

Lynchburg, VA · On-site

$18 - $24.25/hr

... Credit Union to live out our mission, "Dedicated to Our Member's Financial Success." The Collections Lead is responsible for overseeing advanced collection activities, guiding team members, and ...

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Richmond, VA · On-site

$60K - $70K/yr

Perform the collection activity to ensure that overdues are kept to a minimum. * Monitor the status of individual credit accounts so that problem debts can be quickly identified and addressed.

Collections Department Lead

Lynchburg, VA · On-site

$18 - $24.25/hr

... Credit Union to live out our mission, "Dedicated to Our Member's Financial Success." The Collections Lead is responsible for overseeing advanced collection activities, guiding team members, and ...

Collection Specialist

Reston, VA · On-site

$20 - $21/hr

Provide thorough and accurate documentation of collection efforts for customer accounts through our ... credit cards, as necessary. * Attend and participate in client meetings and conference calls.

Collections Specialist

Lynchburg, VA · On-site

$19.10 - $28.65/hr

Role The primary purpose of this position is to assist Beacon Credit Union to live out our mission ... Methods to accomplish this include (but are not limited to): phone calls, collection letters and in ...

Showing results 41-60

Credit Collection information

See Virginia salary details

$14

$24

$34

How much do credit collection jobs pay per hour?

As of Sep 8, 2026, the average hourly pay for credit collection in Virginia is $24.34, according to ZipRecruiter salary data. Most workers in this role earn between $20.72 and $27.64 per hour, depending on experience, location, and employer.

What is a credit collection?

Credit Collection jobs involve contacting individuals or businesses to recover overdue payments on accounts. Professionals in this field work to negotiate payment plans, resolve disputes, and maintain accurate records of all collection activities. They often communicate by phone, email, or written correspondence and may work for banks, credit agencies, or other organizations. Strong communication, negotiation, and organizational skills are important for success in credit collection roles.

What are the key skills and qualifications needed to thrive as a credit collection specialist?

To thrive as a Credit Collection Specialist, you need strong analytical skills, attention to detail, and a background in finance or accounting, often supported by relevant experience or certifications. Familiarity with collections software, CRM systems, and financial databases is typically required. Persuasion, negotiation, and effective communication are critical soft skills for building rapport and resolving payment issues with clients. These abilities ensure timely collections, minimize financial risk, and maintain positive client relationships for organizational success.

What are some common challenges faced by professionals in credit collection, and how can they be effectively managed?

Credit collection professionals often encounter challenges such as communicating with difficult or unresponsive clients, meeting collection targets, and balancing assertiveness with professionalism. Effective management of these challenges involves utilizing strong negotiation and interpersonal skills, adhering to established protocols, and leveraging technology tools like customer relationship management (CRM) systems to track communications. Regular training in conflict resolution and staying updated with relevant regulations can also help credit collectors handle complex situations professionally while maintaining positive relationships with clients.

What is the difference between Credit Collection vs Credit Analyst?

AspectCredit CollectionCredit Analyst
Required CredentialsHigh school diploma or equivalent; sometimes certifications in collectionsBachelor's degree in finance, accounting, or related field; certifications like CFA or CPA beneficial
Work EnvironmentCollections agencies, corporate finance departments, or banksFinancial institutions, corporate finance teams, or consulting firms
Employer & Industry UsagePrimarily used in debt recovery and accounts receivable managementUsed in credit risk assessment, financial analysis, and lending decisions

While Credit Collection focuses on recovering overdue payments and managing delinquent accounts, Credit Analysts evaluate creditworthiness to approve or deny credit applications. Both roles are essential in financial operations but serve different functions within the credit process.

What are popular job titles related to Credit Collection jobs in Virginia?

For Credit Collection jobs in Virginia, the most frequently searched job titles are:

Infographic showing various Credit Collection job openings in Virginia as of August 2026, with employment types broken down into 1% Internship, 83% Full Time, and 16% Part Time. Highlights an 95% Physical, 1% Hybrid, and 4% Remote job distribution, with an average salary of $50,621 per year, or $24.3 per hour.

4223 Credit Associate with Security Clearance

Procession Systems

Tysons, VA • On-site

Other

Re-posted 22 days ago


Job description

OVERVIEW: The Credit Associate is a key member of the Client Advisory Team alongside a Treasury Analyst and under a Client Advisor. In this role, the Credit Associate will report to the Client Advisor. They will focus on carrying out the credit related duties with respect to that client portfolio. GENERAL DUTIES: * Conduct thorough credit analysis and risk assessments for financing, including financial statement analysis, cash flow modeling and analysis, pro forma modeling and analysis, and industry analysis for both prospective and current clients. * Support client FP&A activity, including the creation of accrual and cash flow models. * Work closely with the Client Advisor to manage the client portfolio on a routine and proactive basis. * Engage with clients directly to collect underwriting documents and assist the Client Advisor in the underwriting process, including analyzing the documents, compiling questions, and gathering additional details. * Prepare credit committee decision memorandums for clients under the guidance of the Client Advisor. * Assist the compliance team with client document collection, review, analysis, and annual loan renewal packages. * Work closely with the deal team to assist in the structuring of transactions. * Monitor the credit quality of the portfolio, identify trends, and make recommendations for changes to mitigate risk. * Prepare and submit waivers, amendments, and other credit-related requests to leadership. GENERAL DUTIES: * Bachelor's degree in finance, Accounting, Economics, or Business Administration. * Minimum of 2 years of experience in credit analysis within leveraged finance, ideally within a private equity or investment banking environment. * With at least 1 of those years being in a client facing role. * Strong understanding of financial statement analysis and cash flow analysis. * Excellent communication and interpersonal skills, with the ability to build strong relationships with internal and external stakeholders. * Experience with articulating complex financial solutions in a written format. * Ability to meet deadlines on assigned tasks and responsibilities. * Strong verbal/phone communication skills. * Strong analytical and problem-solving skills, with the ability to make sound credit recommendations. * Ability to work independently and as part of a team in a fast-paced, dynamic environment. * Familiarity with Federal government contracts and/or the federal government contracting industry is preferred. CLEARANCE: * US Citizenship required

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About Procession Systems

Sourced by ZipRecruiter

Procession Systems, based in Reston, Virginia, United States, is an industry leader operating in the Information Technology Services sector. Established to address complex business and technology challenges, the company delivers innovative tech solutions for government entities, primarily focusing on systems integration and software development. Procession Systems takes pride in their commitment to quality, responsiveness, and results, geared towards improving public sector services and saving taxpayer dollars.

Industry

Recruiting and staffing services

Company size

11 - 50 Employees

Headquarters location

Reston, VA, US

Year founded

2016

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