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Debt Collections Manager Jobs in Madison, MS (NOW HIRING)

Collection Specialist II

Ridgeland, MS · On-site

$16 - $21.75/hr

Overview This position is responsible for managing an assigned portfolio of accounts and loans by ... privacy and fair debt collection regulations, bankruptcy, repossession, including replevins ...

Collection Specialist II

Ridgeland, MS

$16 - $21.75/hr

This position is responsible for managing an assigned portfolio of accounts and loans by executing ... privacy and fair debt collection regulations, bankruptcy, repossession, including replevins ...

Collection Specialist II

Ridgeland, MS · On-site

$16 - $21.75/hr

This position is responsible for managing an assigned portfolio of accounts and loans by executing ... privacy and fair debt collection regulations, bankruptcy, repossession, including replevins ...

Collection Specialist II

Ridgeland, MS · On-site

$16 - $21.75/hr

Overview This position is responsible for managing an assigned portfolio of accounts and loans by ... privacy and fair debt collection regulations, bankruptcy, repossession, including replevins ...

Collection Specialist II

Ridgeland, MS · On-site

$16 - $21.75/hr

Overview This position is responsible for managing an assigned portfolio of accounts and loans by ... privacy and fair debt collection regulations, bankruptcy, repossession, including replevins ...

Collection Specialist II

Ridgeland, MS · On-site

$16 - $21.75/hr

Overview This position is responsible for managing an assigned portfolio of accounts and loans by ... privacy and fair debt collection regulations, bankruptcy, repossession, including replevins ...

Sales, Collections, or Customer Service experience Location: On-Site The schedule for this position ... debt, cover unexpected expenses, and invest in their futures. With almost 260 office locations ...

Sales, Collections, or Customer Service experience Location: On-Site The schedule for this position ... debt, cover unexpected expenses, and invest in their futures. With almost 260 office locations ...

Sales, Collections, or Customer Service experience Location: On-Site The schedule for this position ... debt, cover unexpected expenses, and invest in their futures. With almost 260 office locations ...

Sales, Collections, or Customer Service experience Location: On-Site The schedule for this position ... debt, cover unexpected expenses, and invest in their futures. With almost 260 office locations ...

Sales, Collections, or Customer Service experience Location: On-Site The schedule for this position ... debt, cover unexpected expenses, and invest in their futures. With almost 260 office locations ...

Sales, Collections, or Customer Service experience Location: On-Site The schedule for this position ... debt, cover unexpected expenses, and invest in their futures. With almost 260 office locations ...

Sales, Collections, or Customer Service experience Location: On-Site The schedule for this position ... debt, cover unexpected expenses, and invest in their futures. With almost 260 office locations ...

Sales, Collections, or Customer Service experience Location: On-Site The schedule for this position ... debt, cover unexpected expenses, and invest in their futures. With almost 260 office locations ...

Sales, Collections, or Customer Service experience Location: On-Site The schedule for this position ... debt, cover unexpected expenses, and invest in their futures. With almost 260 office locations ...

Sales, Collections, or Customer Service experience Location: On-Site The schedule for this position ... debt, cover unexpected expenses, and invest in their futures. With almost 260 office locations ...

Sales, Collections, or Customer Service experience Location: On-Site The schedule for this position ... debt, cover unexpected expenses, and invest in their futures. With almost 260 office locations ...

Sales, Collections, or Customer Service experience Location: On-Site The schedule for this position ... debt, cover unexpected expenses, and invest in their futures. With almost 260 office locations ...

Sales, Collections, or Customer Service experience Location: On-Site The schedule for this position ... debt, cover unexpected expenses, and invest in their futures. With almost 260 office locations ...

Sales, Collections, or Customer Service experience Location: On-Site The schedule for this position ... debt, cover unexpected expenses, and invest in their futures. With almost 260 office locations ...

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Showing results 1-20

Debt Collections Manager information

See Madison, MS salary details

$25.2K

$47.8K

$88.7K

How much do debt collections manager jobs pay per year?

As of Sep 3, 2026, the average yearly pay for debt collections manager in Madison, MS is $47,776.00, according to ZipRecruiter salary data. Most workers in this role earn between $33,000.00 and $53,300.00 per year, depending on experience, location, and employer.

What does a debt collections manager do?

A Debt Collections Manager oversees a team responsible for collecting overdue payments from individuals or businesses. Their tasks include developing collection strategies, monitoring team performance, ensuring compliance with laws and regulations, and handling escalated cases. They also analyze collection data, report on outcomes, and work with other departments to improve recovery rates. Effective communication and negotiation skills are essential for success in this role.

What are some common challenges a debt collections manager faces when leading a collections team?

A Debt Collections Manager often encounters challenges such as motivating team members to meet collection targets while maintaining compliance with regulations and ensuring respectful communication with clients. Balancing the need for results with employee morale and customer satisfaction can be demanding. Additionally, adapting to changes in industry regulations and implementing new technologies or processes to improve recovery rates are ongoing aspects of the role. Successful managers foster teamwork and provide ongoing training to address these challenges effectively.

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

To thrive as a Debt Collections Manager, you need a strong understanding of collections processes, regulatory compliance, and financial analysis, usually supported by a degree in finance, business, or a related field. Familiarity with collections management software, CRM systems, and knowledge of relevant laws such as the Fair Debt Collection Practices Act (FDCPA) are typically required. Excellent leadership, negotiation, and communication skills help motivate teams and resolve disputes with clients effectively. These skills and qualifications ensure both regulatory compliance and optimal recovery rates while maintaining positive relationships with clients and team members.

What is the difference between Debt Collections Manager vs Debt Recovery Specialist?

AspectDebt Collections ManagerDebt Recovery Specialist
CredentialsTypically requires experience in collections, knowledge of debt laws, and sometimes managerial certificationsOften has collections experience, strong negotiation skills, and relevant industry certifications
Work EnvironmentManages teams in corporate or agency settings, overseeing collection strategiesWorks directly with clients and debtors, often in call centers or field environments
Industry UsageCommonly employed in financial institutions, collection agencies, and corporationsUsed in similar settings, focusing on debt recovery and negotiation

The main difference is that a Debt Collections Manager oversees collection teams and strategies, while a Debt Recovery Specialist focuses on directly negotiating with debtors to recover funds. Both roles require knowledge of debt laws and strong communication skills, but the manager has a broader supervisory role.

What are popular job titles related to Debt Collections Manager jobs in Madison, MS?

For Debt Collections Manager jobs in Madison, MS, the most frequently searched job titles are:

What job categories do people searching Debt Collections Manager jobs in Madison, MS look for?

The top searched job categories for Debt Collections Manager jobs in Madison, MS are:

Collection Specialist II

Trustmark Bank

Ridgeland, MS • On-site

$16 - $21.75/hr

Full-time

Posted 29 days ago


Trustmark National Bank rating

8.2

Company rating: 8.2 out of 10

Based on 19 frontline employees who took The Breakroom Quiz

52nd of 174 rated banks


Job description

Overview

This position is responsible for managing an assigned portfolio of accounts and loans by executing effective collection strategies with a goal of reducing delinquency rates and minimizing financial losses.

Responsibilities
  • Perform collection activities on simple to moderately complex consumer or commercial accounts/loans, with moderate supervision.
  • Conduct inbound and outbound collection calls utilizing a predictive dialer, preview or other technology.
  • Negotiate payment arrangements for delinquent accounts and document all interactions accurately in accordance with departmental procedures.
  • Assist in resolving difficult collection problems such as payment disputes, alternative payment arrangements, and extensions.
  • Identify problematic accounts/loans, escalate concerns to management and contribute to determining appropriate actions.
  • Conduct skip tracing and work other specialty queues when assigned.
  • Perform additional duties as assigned.
Qualifications
  • High School Diploma
  • Knowledge and understanding of collection industry standards of practice including a working knowledge of privacy and fair debt collection regulations, bankruptcy, repossession, including replevins, foreclosure and other consumer credit laws affecting collection of debt
  • General knowledge of the lending process from point of application to note documentation
  • Familiarity with credit bureau information and other sources of consumer reporting
  • Strong communication and interpersonal skills
  • Effective organizational and analytical skills
  • Sound judgment and decision-making skills
  • Strong negotiating and collaboration skills
  • Strong PC skills
  • Two years of collection experience working with similar consumer, mortgage or commercial products preferred
  • Two-year college degree preferred

Physical Requirements & Working Conditions:  Must be able to sit for long periods of time and use computer keyboard and/or mouse requiring hand and wrist manipulation, while viewing computer screens.

Disclaimer: Management retains the right to add, delete or modify the responsibilities and qualifications of the position at any time.

Trustmark Bank does not accept unsolicited resumes from agencies and/or search firms for any job postings on this site.  Resumes submitted to any Trustmark Bank employee by a third-party agency and/or search firm without a valid, written search agreement signed by Trustmark, will become the sole property of Trustmark Bank.  No fee will be paid if a candidate is hired for a position as a result of an unsolicited agency or search firm referral.

Employment Type: FULL_TIME

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