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Director Of Collections Jobs in Michigan (NOW HIRING)

Job Summary: The Credit Analyst manages the full scope of collections for assigned accounts to ... Analyzes stagnant accounts, and determines the need for escalation to a Finance Manager or Director ...

Job Summary: The Credit Analyst manages the full scope of collections for assigned accounts to ... Analyzes stagnant accounts, and determines the need for escalation to a Finance Manager or Director ...

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Director Of Lending

Taylor, MI · On-site

$80K - $100K/yr

Strong understanding of federal and state lending regulations, collections requirements, and NCUA ... the Board of Directors. * Ability to analyze financial, operational, and lending reports and ...

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Director Of Lending

Taylor, MI · On-site

$80K - $100K/yr

Strong understanding of federal and state lending regulations, collections requirements, and NCUA ... the Board of Directors. * Ability to analyze financial, operational, and lending reports and ...

$90 - $160/hr

The Director of Business Development is responsible for prospecting and facilitating customer ... and collections. Education and Requirements: * 7+ years of sales and business development ...

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The Director of Client Success (CSD) reports to the Regional Director (RD) of Client Success ... Maintain monthly collections to company standards * Established ability to maintain long term ...

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Director Of Collections information

See Michigan salary details

$49.7K

$88.2K

$142.9K

How much do director of collections jobs pay per year?

As of Sep 5, 2026, the average yearly pay for director of collections in Michigan is $88,180.00, according to ZipRecruiter salary data. Most workers in this role earn between $69,700.00 and $96,300.00 per year, depending on experience, location, and employer.

What does a director of collections do?

A Director of Collections oversees the strategy, management, and performance of a company's collections department. They are responsible for developing and implementing policies to ensure the efficient recovery of outstanding debts while maintaining positive relationships with clients. This role typically involves leading a team of collections professionals, analyzing collection data, ensuring compliance with legal regulations, and collaborating with other departments to improve collection processes. The Director of Collections also establishes targets and monitors key performance indicators to optimize the department's effectiveness.

What are the key skills and qualifications needed to thrive as a director of collections?

To thrive as a Director of Collections, you need expertise in collections management, financial analysis, and compliance, often supported by a degree in finance or business and several years of supervisory experience. Familiarity with collection management software, CRM systems, and relevant legal regulations such as the Fair Debt Collection Practices Act is essential. Strong leadership, negotiation, and communication skills are critical for motivating teams and resolving complex account issues. These skills and qualifications ensure effective debt recovery, risk mitigation, and compliance while maintaining positive client relationships.

What are the primary challenges a director of collections faces when managing a large team?

A Director of Collections often encounters challenges such as motivating a diverse team to meet collection targets, implementing effective strategies for recovering overdue accounts, and ensuring compliance with all relevant regulations. Balancing the need for high collection rates with maintaining positive customer relationships is another common challenge. Additionally, directors must stay updated with industry trends and technology to optimize collection processes while providing ongoing training and support to their staff.

What is the difference between Director Of Collections vs Collections Manager?

AspectDirector Of CollectionsCollections Manager
Required CredentialsBachelor's degree, experience in collections, leadership skillsBachelor's degree, experience in collections, team management
Work EnvironmentStrategic planning, policy development, senior managementDay-to-day collections operations, team supervision
Employer & Industry UsageFinancial institutions, large corporationsBanks, credit companies, healthcare providers
Common Search & ComparisonHigher-level strategic roleOperational management role

The main difference between a Director Of Collections and a Collections Manager lies in their scope and responsibilities. The Director focuses on strategic planning, policy development, and overseeing the entire collections department at a senior level. In contrast, the Collections Manager handles daily operations, manages collections teams, and ensures targets are met. Both roles require relevant experience and credentials, but the Director's role is more strategic and leadership-oriented, while the Manager's role is more operational.

What are the most commonly searched types of Of Collections jobs in Michigan?

The most popular types of Of Collections jobs in Michigan are:

What are popular job titles related to Director Of Collections jobs in Michigan?

For Director Of Collections jobs in Michigan, the most frequently searched job titles are:

What cities in Michigan are hiring for Director Of Collections jobs?

Cities in Michigan with the most Director Of Collections job openings:

Infographic showing various Director Of Collections job openings in Michigan as of August 2026, with employment types broken down into 2% As Needed, 77% Full Time, 14% Part Time, 3% Temporary, 3% Contract, and 1% Nights. Highlights an 91% Physical, 3% Hybrid, and 6% Remote job distribution, with an average salary of $88,180 per year, or $42.4 per hour.

Regional Collections Manager

M. Shapiro Real Estate Group

Farmington Hills, MI • On-site

$70K - $80K/yr

Full-time

Re-posted 2 days ago


M. Shapiro Real Estate rating

7.0

Company rating: 7.0 out of 10

Based on 5 frontline employees who took The Breakroom Quiz

132nd of 209 rated real estate companies


Job description

Regional Collections Manager
Department: CORPORATE-CLERICAL
Job Status: Full-Time
Days Worked: Mon., Tue., Wed., Thu., Fri.
Rate of Pay: $70,000.00 - $80,000.00 Annually
Position Description
Job Title: Regional Collections Manager
Reports To: Director of Manufactured Housing Operations / Regional Manager
Portfolio Scope: 15 Manufactured Housing Communities (~7,000 Total Units) across Michigan and multi-state regions
Position Summary
We are seeking an experienced, results-driven Regional Collections Manager to oversee accounts receivable and delinquency reduction across a multi-state portfolio of 15 manufactured home communities totaling 7,000 units. Managing approximately $7.0M in monthly recurring revenue, this position plays a critical operational role in maintaining cash flow, optimizing portfolio financial health, and standardizing collection workflows.
The primary objective for this role is twofold: establish rigorous tracking systems to consistently achieve a 98%+ current monthly collection rate, and systematically audit and clean up existing delinquent balances (currently ~$500,000), including legacy accounts, estate resolutions, abandoned homes, and legal title transfers.
Key Responsibilities
1. Daily & Monthly Revenue Operations
Primary Metric: Consistently achieve and maintain a 98%+ monthly collection rate on current rent, lot lease, utility, and fee charges across all 15 communities.
Lead daily portfolio-wide tracking of collections, monitoring progress against monthly delinquency targets.
Oversee payment posting, late fee assessments, NSF processing, and ACH/online portal adoption among residents.
Establish clear, standardized payment plan protocols for short-term resident delinquencies while enforcing portfolio-wide guidelines.
2. Delinquency & Legacy Portfolio Cleanup
Take immediate ownership of the existing delinquency balance (~$500K) to audit, categorize, and execute resolution strategies.
Drive the cleanup of "dead accounts," managing end-to-end processes for abandoned homes, probate/estate issues, and tax sale acquisitions.
Work directly with local site managers and legal counsel to process title transfers, possessory liens, and home abandonments efficiently to return assets to revenue-generating status or clear uncollectible debt.
Conduct regular audits of historical balances to recommend timely bad-debt write-offs in accordance with company policy and GAAP guidelines.
3. Legal & Regulatory Compliance
Oversee eviction filings, pay-or-quit notices, and legal collections in full compliance with state-specific landlord-tenant laws (with a heavy focus on Michigan summary proceedings and abandonment statutes).
Coordinate directly with regional legal counsel, court officers, and local community managers to ensure seamless handling of legal notices, court appearances, and writs.
Maintain strict adherence to Fair Debt Collection Practices Act (FDCPA) principles and state manufactured housing commission guidelines across all operating jurisdictions.
4. Leadership & Site Team Support
Partner with and hold accountable 15 On-Site Community Managers regarding late notices, resident outreach, and local legal filings.
Train, coach, and support site staff on Rent Manager (or relevant property management software) collections modules, communication best practices, and legal escalation triggers.
Conduct monthly portfolio reviews with executive leadership, presenting clean debt-aging analysis, collection forecasts, and legal status reports.
Qualifications & Requirements
Experience: 5+ years of dedicated collections, accounts receivable, or property management operations experience-manufactured housing industry experience strongly preferred.
Portfolio Scale: Proven track record of managing receivables for large-scale portfolios (3,000+ units or multi-site operations preferred).
Legal & Title Knowledge: Practical knowledge of manufactured housing legal processes, including lot rental evictions, home abandonment procedures, title recovery, and estate/probate handling (Michigan-specific experience is a strong plus).
Software Proficiency: High proficiency in industry property management software (e.g., Rent Manager, Yardi, or RealPage) and advanced Excel skills (pivot tables, custom aging reports, and trend modeling).
Communication & Negotiation: Exceptional firmness balanced with professional diplomacy when handling sensitive resident situations and cross-functional team coordination.
Performance Metrics (KPIs)
Current Monthly Collection Rate: 98% collected by month-end.
Portfolio Delinquency Reduction: Systematic reduction of overall portfolio delinquency from ~$500K to target operating threshold within 6-12 months.
Abandonment & Estate Resolution Time: Average days to clear legacy abandoned home titles and clear/write off uncollectible dead account balances.
On-Time Legal Filing: 100% compliance with scheduled pay-or-quit and legal filing deadlines across all 15 properties.

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