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Manager Of Collections Jobs in Summit, NJ (NOW HIRING)

High Rise Capital

Collections Specialist

New York, NY · On-site

$20.25 - $27.25/hr

... of default and act proactively * Maintain detailed notes and updates in the CRM * Coordinate with ... Experience with ACH collections and payment recovery * Understanding of default prevention ...

TekSky

Collections Specialist

Roseland, NJ · On-site

$75K - $85K/yr

Manage the accounts receivable (AR) reminder statement process, including follow-up activities as ... A minimum of 5 years of accounts receivable collections experience * Experience within a law firm ...

Parker

Collections Specialist

New York, NY · On-site

$90K - $100K/yr

Parker's mission is simple but ambitious: to increase the number of financially independent people ... portfolio management (fintech, SMB lending, factoring, or equipment finance preferred) * Proven ...

High End Hiring

Dental Front Office Manager

New York, NY · On-site

$65K - $75K/yr

All the fun - without the headaches of collections, insurance etc. Other duties will be managing office protocols, staff scheduling, supply inventory, and ensuring the practice runs smoothly. You ...

DSV A/S

Collections Specialist

Iselin, NJ · On-site

$22.50 - $30.50/hr

Collections Specialist Time Type: Full Time Collections Specialist DSV North America | Accounts ... Manage collection requirements for a multi-million dollar portfolio of accounts. Customer ...

Berkshire Bank

Collections Specialist

Manhattan, NY · On-site

$20 - $28.90/hr

Notify loan officers and management team of action steps taken by collections specialist. * Be proficient in the Company's accounting software system. * Answer all customers billing related inquires.

Berkshire Bank

Collections Specialist

Manhattan, NY · On-site

$20 - $28.90/hr

Notify loan officers and management team of action steps taken by collections specialist. * Be proficient in the Company's accounting software system. * Answer all customers billing related inquires.

DSV A/S

Collections Specialist

Iselin, NJ · On-site

$22.50 - $30.50/hr

Collections Specialist Time Type: Full Time Collections Specialist DSV North America | Accounts ... Manage collection requirements for a multi-million dollar portfolio of accounts. Customer ...

Hilldun Corporation

Be Seen First

Collections Associate

New York, NY · On-site

$35K - $55K/yr

Work with management on special collections related projects Qualifications: * Previous experience ... Our company is known for its dedication to excellence, forward-thinking approach, and a team of ...

Waste Connections

Collections Representative

Bronx, NY · On-site

$23 - $27/hr

... manage waste more efficiently. Join our growing team and be part of a mission-driven company making a real impact. Waste Connections has an immediate opening for a Collections Representative based in ...

Kone AB

Credit & Collections Supervisor

New York, NY · Hybrid

$100K - $131K/yr

You willbring5+ years of progressive and successful experience in collections or accounts receivable management to KONE (3+ years leadership experience in a collections or finance-related role is ...

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All JobsOf Collections JobsManager Of Collections JobsManager Of Collections Jobs in Summit, NJ

Manager Of Collections information

See Summit, NJ salary details

$32.9K

$62.4K

$115.8K

How much do manager of collections jobs pay per year?

As of Aug 22, 2026, the average yearly pay for manager of collections in Summit, NJ is $62,397.00, according to ZipRecruiter salary data. Most workers in this role earn between $43,000.00 and $69,600.00 per year, depending on experience, location, and employer.

What is a manager of collections?

A Manager of Collections is a professional responsible for overseeing a team that manages the collection of overdue payments from individuals or businesses. Their duties include developing collection strategies, monitoring staff performance, ensuring compliance with laws and regulations, and maintaining positive relationships with clients or customers. They often analyze collection data to improve processes and report on collection activity to upper management. Strong leadership, communication, and analytical skills are essential for this role.

What are some typical challenges faced by a manager of collections, and how can they be addressed?

As a Manager of Collections, one common challenge is balancing the need to recover outstanding debts while maintaining positive customer relationships. This role often requires implementing effective collection strategies, managing a team of collectors, and ensuring compliance with legal and regulatory requirements. Success often depends on strong communication skills, adaptability to changing targets, and the ability to motivate and train team members. Regular collaboration with other departments, such as customer service and finance, helps to resolve disputes and improve collection rates.

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

To thrive as a Manager of Collections, you need expertise in credit and collections management, financial analysis, and a bachelor's degree in finance, business, or a related field. Familiarity with collections software (like FICO Debt Manager or CACS), CRM systems, and relevant certifications such as the Certified Credit and Collection Professional (CCCP) are valuable. Strong leadership, negotiation, and problem-solving skills help in motivating teams and resolving complex delinquency cases. These abilities are crucial for optimizing cash flow, minimizing risk, and ensuring efficient recovery processes within an organization.

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

AspectManager Of CollectionsCollections Supervisor
ResponsibilitiesOversees entire collections department, develops strategies, manages teams, and ensures company recovery goals are met.Supervises collections staff, monitors daily operations, and ensures team compliance with policies.
Required CredentialsBachelor's degree, experience in collections, leadership skillsHigh school diploma or equivalent, experience in collections, supervisory skills
Work EnvironmentOffice setting, managerial meetings, strategic planningOffice environment, team oversight, daily operational tasks

The Manager Of Collections typically holds a higher-level role with strategic responsibilities, while the Collections Supervisor focuses on daily team management. Both roles require experience in collections, but the manager oversees broader department functions and policy development, whereas the supervisor concentrates on team performance and compliance.

What cities near Summit, NJ are hiring for Manager Of Collections jobs?

Cities near Summit, NJ with the most Manager Of Collections job openings:

Manager Of Collections jobs near you

Collections Specialist

High Rise Capital

New York, NY • On-site

$20.25 - $27.25/hr

Full-time

Re-posted yesterday

Job description

We are seeking a motivated and experienced Collections Specialist to help get deals back on track, reduce defaults, and protect portfolio performance. This role is critical to maintaining healthy cash flow and minimizing losses.

You will work directly with merchants to resolve payment issues, restructure payment plans when appropriate, and cure accounts before they become full defaults.

This is a performance-driven role with real upside for someone who knows how to communicate, negotiate, and close.

Key Responsibilities
  • Contact merchants with missed or failing payments
  • Work accounts back into good standing
  • Negotiate payment resolutions, workout plans, and reinstatements
  • Monitor accounts to prevent future payment failures
  • Identify early warning signs of default and act proactively
  • Maintain detailed notes and updates in the CRM
  • Coordinate with internal teams (underwriting, legal, management)
  • Track and report on:
    • Cured accounts
    • Recovered balances
    • Default rate trends
  • Follow all compliance and communication guidelines

Requirements

Required Experience & Skills
  • 2+ years experience in collections, recoveries, or account resolution
  • Strong negotiation and communication skills
  • Ability to handle difficult conversations professionally
  • Organized, persistent, and results-driven
  • Comfortable working in a fast-paced environment
  • Experience using CRM systems for tracking and documentation
Preferred (Nice to Have)
  • Experience in MCA, lending, or financial services
  • Experience with ACH collections and payment recovery
  • Understanding of default prevention strategies
  • Experience working with payment processors or banks
  • Bilingual (English/Spanish) a plus

Benefits

Compensation Structure
  • Base Salary
  • Commission on:
    • Accounts cured
    • Payments recovered
    • Reduction in default exposure
  • Clear performance metrics and uncapped upside
What Success Looks Like
  • Deals are brought back into good standing
  • Default rates decrease over time
  • Merchants remain active and paying
  • Strong documentation and follow-through
  • Portfolio health improves month over month
Why Join Us
  • High-impact role tied directly to company performance
  • Clear commission structure with real earning potential
  • Growing financial services company
  • Opportunity to advance into senior collections or portfolio management
  • Supportive, results-driven team environment