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Director Credit Collections Jobs in Elgin, IL (NOW HIRING)

Brilliant Financial Staffing - IL

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Credit & Collections Specialist

Schaumburg, IL · On-site

$25 - $28/hr

Credit & Collections Specialist Location : Schaumburg, IL Salary Range : $25-28/hour Benefits ... Company Description Brilliant is an award-winning direct-hire, contract and consulting practice ...

PNC Bank

Home Lending Credit Director

Chicago, IL · On-site

... collections, default management, foreclosure, loss mitigation, charge-off, liquidation, and ... Partner with the Credit Director for the Asset Management Group to design and monitor Home Lending ...

Scotsman Ice

Credit Manager

Vernon Hills, IL · On-site

$90 - $100/hr

Director of Revenue Accounting * Supervises: Finance and Payroll Generalist Mission Statement Safeguard the company's financial integrity by leading a disciplined credit and collections function that ...

JOHNS BYRNE CO

Accounts Receivable Supervisor

Niles, IL · On-site

$79K - $85K/yr

Credit & Collections * * Makes collection calls based on the Company's collection policy. * Creates ... Other Required to perform other duties as requested, directed, and assigned. Education and ...

New

JOHNS BYRNE CO

Accounts Receivable Supervisor

Niles, IL · On-site

Credit & Collections * * Makes collection calls based on the Company's collection policy. * Creates ... Other Required to perform other duties as requested, directed, and assigned. Education and ...

New

JohnsByrne

Accounts Receivable Supervisor

Niles, IL · On-site

$79 - $85/hr

Credit & Collections * Makes collection calls based on the Company's collection policy. * Creates ... Other Required to perform other duties as requested, directed, and assigned.

New

Scotsman Group

Credit Manager

Vernon Hills, IL · On-site

... Director of Revenue Accounting Supervises Finance and Payroll Generalist Mission Safeguard the company's financial integrity by leading a disciplined credit and collections function that supports ...

Scotsman Ice Systems

Credit Manager

Vernon Hills, IL · On-site

$90K - $100K/yr

... Director of Revenue Accounting Supervises Finance and Payroll Generalist Mission Safeguard the company's financial integrity by leading a disciplined credit and collections function that supports ...

Scotsman Ice

Credit Manager

Vernon Hills, IL

... Director of Revenue Accounting Supervises Finance and Payroll Generalist Mission Safeguard the company's financial integrity by leading a disciplined credit and collections function that supports ...

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All JobsCredit Collections JobsDirector Credit Collections JobsDirector Credit Collections Jobs in Elgin, IL

Director Credit Collections information

See Elgin, IL salary details

$56.3K

$100K

$162.1K

How much do director credit collections jobs pay per year?

As of Sep 6, 2026, the average yearly pay for director credit collections in Elgin, IL is $100,009.00, according to ZipRecruiter salary data. Most workers in this role earn between $79,100.00 and $109,200.00 per year, depending on experience, location, and employer.

What does a director credit collections do?

A Director of Credit Collections is responsible for overseeing an organization's credit and collections department. This role involves developing policies and procedures to ensure timely payments from customers, managing credit risk, and maintaining healthy cash flow. The director leads a team of credit and collections professionals, analyzes credit data, sets credit limits, and works to resolve delinquent accounts. They also collaborate with other departments to support business goals and ensure compliance with relevant regulations.

How does a director credit collections effectively collaborate with other departments to optimize cash flow and minimize risk?

As a Director of Credit Collections, collaboration with departments such as Sales, Finance, and Customer Service is essential for maintaining healthy cash flow and minimizing credit risk. You’ll regularly work with Sales to set appropriate credit terms for clients, partner with Finance to analyze aging reports and forecast revenue, and coordinate with Customer Service to resolve disputed accounts. Effective communication and cross-functional meetings help ensure company policies are followed while maintaining positive customer relationships and achieving collection targets.

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

To thrive as a Director of Credit Collections, you need deep knowledge of credit risk analysis, collections strategies, and financial regulations, usually backed by a bachelor’s degree in finance, accounting, or a related field. Familiarity with collections management software (like SAP or Oracle), financial reporting tools, and relevant certifications such as Certified Credit Executive (CCE) is valuable. Strong leadership, negotiation, and analytical skills help drive team performance and effective customer resolution. These capabilities are vital to minimize bad debt, optimize cash flow, and maintain strong client relationships for the organization’s financial stability.

What is the difference between Director Credit Collections vs Credit Analyst?

AspectDirector Credit CollectionsCredit Analyst
Required CredentialsBachelor's degree, extensive experience in credit/collections, leadership skillsBachelor's degree in finance, accounting, or related field, some experience in credit analysis
Work EnvironmentManagement of collections teams, strategic planning, high-level decision makingAnalyzing credit data, assessing risk, preparing reports
Employer & Industry UsageFinancial institutions, large corporations, credit agenciesBanks, lending companies, financial services
Common Search & ComparisonYesNo

The main difference between a Director Credit Collections and a Credit Analyst lies in their responsibilities and seniority. The Director oversees collections strategies and manages teams, requiring leadership experience. The Credit Analyst focuses on assessing credit risk and analyzing data. Both roles are vital in credit management but differ in scope and level of responsibility.

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

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

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

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

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

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

Director Credit Collections jobs near you

Credit & Collections Specialist

Brilliant Financial Staffing - IL

Schaumburg, IL • On-site

$25 - $28/hr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 24 days ago

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Job description

Job Title: Credit & Collections Specialist

Location: Schaumburg, IL

Salary Range: $25-28/hour

Benefits: Medical, Dental, Vision 


Role Overview: Brilliant Financial Staffing has been engaged in the search for a Credit & Collections Specialist. Our client located in the Northwest Suburbs is looking for a Credit & Collections Specialist to join their team. They are seeking an individual to handle collection calls, reduce outstanding debts, and provide customer service on every call. Qualified candidates are encouraged to apply immediately! 


Key Responsibilities:

  • Contact customers by phone and written correspondence regarding past-due balances.
  • Monitor and maintain an assigned portfolio of accounts to reduce delinquency.
  • Conduct a high volume of outbound calls to customers with outstanding balances.
  • Respond to inbound customer inquiries and resolve account-related questions in a professional and timely manner.
  • Provide customer service and assistance regarding billing and collection matters.
  • Follow up with customers and internal team members to ensure timely resolution of outstanding issues.
  • Investigate and resolve customer disputes related to outstanding balances and payments.
  • Maintain accurate account information and documentation throughout the collection process.
  • Build and maintain effective working relationships with customers and internal stakeholders.
  • Communicate clearly and professionally, both verbally and in writing.
  • Meet established individual and departmental performance goals.
  • Follow company policies, procedures, and applicable guidelines.
  • Perform additional duties and responsibilities as assigned.


Qualifications:

  • Collections Experience
  • Willing to pick up the phone and make outgoing calls
  • Microsoft Excel skills


Brilliant Staffing, LLC is an Equal Opportunity Employer and encourages applications from all individuals regardless of race, color, religion, gender, gender identity, sexual orientation, national origin, disability, or veteran status.

Company Description

Brilliant is an award-winning direct-hire, contract and consulting practice specializing in accounting, finance and technology for the Midwest and Southeast regions of the U.S. Many of Brilliant’s team members include former accounting, finance and technology professionals who are experts in the fields.