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Vice President Collections Jobs in Carol Stream, IL

Abri Credit Union

Vice President Lending

Romeoville, IL · On-site

$125K - $135K/yr

Vice President Lending As our Vice President Lending, you will: * Serve as the primary credit risk ... Direct daily delinquency management and collections operations to protect credit union assets and ...

Abri Credit Union

Vice President Lending

Romeoville, IL · On-site

$125K - $135K/yr

Vice President Lending As our Vice President Lending, you will: * Serve as the primary credit risk ... Direct daily delinquency management and collections operations to protect credit union assets and ...

Abri Credit Union

Vice President Lending

Romeoville, IL · On-site

$125K - $135K/yr

Vice President Lending As our Vice President Lending, you will:Serve as the primary credit risk ... Direct daily delinquency management and collections operations to protect credit union assets and ...

BCS Finance

Vice President Finance

West Chicago, IL · On-site

VP of Finance Location: Glendale Heights, IL area Work Arrangement: On-site Industry: Manufacturing ... Lead initiatives around payroll, collections, reporting, and other financial workflows. * Explore ...

New

Evergreen Real Estate

VP of Asset Management

Chicago, IL · On-site

$180K - $210K/yr

Monitor performance across occupancy, collections, expenses, reserves, capital needs, and ... VP of AM needs to align with: * Commitment to Excellence: In order to succeed, we need to be the ...

The Alden Network

VP of Finance

Chicago, IL · On-site

$220K - $265K/yr

) POSITION TITLE: VP of Finance REPORTING TO: CFO LOCATION: Chicago, IL COMPANY OVERVIEW: The Alden ... collections, and reimbursement processes. • Collaborate with clinical and administrative teams to ...

The Alden Network

VP of Finance

Chicago, IL

$220K - $265K/yr

POSITION TITLE: VP of Finance REPORTING TO: CFO LOCATION: Chicago, IL COMPANY OVERVIEW: The Alden ... collections, and reimbursement processes. · Collaborate with clinical and administrative teams to ...

Home State Bank

VP - Commercial Banker

Crystal Lake, IL · On-site

$99K - $162K/yr

Professional Services About the Opportunity Home State Bank is seeking a Vice President, Commercial ... Maintain thorough loan documentation and proactively manage renewals, collections, and problem ...

Home State Bank

VP - Commercial Banker

Crystal Lake, IL · On-site

$99K - $162K/yr

Professional Services About the Opportunity Home State Bank is seeking a Vice President, Commercial ... Maintain thorough loan documentation and proactively manage renewals, collections, and problem ...

Wintrust

VP, Trust Officer

Barrington, IL · On-site

Protect, ensure, and oversee sale of real estate, financial assets, collections, and personal property. Locates tax returns and financial records for tax returns and coordinates preparation and ...

Wintrust

VP, Trust Officer

Barrington, IL · On-site

Protect, ensure, and oversee sale of real estate, financial assets, collections, and personal property. Locates tax returns and financial records for tax returns and coordinates preparation and ...

Rml Health Providers

Controller

Hinsdale, IL · On-site

$154 - $231/hr

Free Parking POSITION SUMMARY Reporting to the Vice President of Finance & CFO, the Controller ... Oversees Patient Financial Services and Admitting ensuring accurate and timely billing, collections ...

New

Addison Group

Controller

Chicago, IL · On-site

Reporting directly to the VP of Finance/CFO, this position supervises accounting personnel, ensures ... Maintain precision across the general ledger, account reconciliations, billing, collections, AP/AR ...

Newberry Library

Executive Assistant

Chicago, IL · On-site

Reporting to the Vice President for Finance and Administration, with support responsibilities to ... Collections and Library Services initiatives as assigned; * Participate in cross-departmental ...

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All JobsVice President Collections JobsVice President Collections Jobs in Carol Stream, IL

Vice President Collections information

See Carol Stream, IL salary details

$82.2K

$168.8K

$271K

How much do vice president collections jobs pay per year?

As of Sep 6, 2026, the average yearly pay for vice president collections in Carol Stream, IL is $168,816.00, according to ZipRecruiter salary data. Most workers in this role earn between $143,300.00 and $183,600.00 per year, depending on experience, location, and employer.

What does a vice president collections do?

A Vice President of Collections oversees the strategies and operations related to collecting overdue accounts and outstanding debts within a company. This executive is responsible for setting collection policies, ensuring compliance with regulations, managing teams of collection agents or managers, and working to maximize recovered revenue while maintaining positive customer relations. They often analyze collection metrics, implement process improvements, and collaborate with other departments such as legal and finance to resolve complex cases. Additionally, they play a key role in hiring, training, and mentoring staff to achieve organizational goals.

What are the primary challenges faced by a vice president collections in managing large, diverse teams across multiple regions?

A Vice President of Collections often oversees teams spread across various locations, which can present challenges such as maintaining consistent performance standards, ensuring compliance with regional regulations, and fostering effective communication. Balancing technology implementation with personalized customer engagement is also crucial, as is motivating teams to achieve targets in a high-pressure environment. Successful leaders in this role frequently implement standardized training, leverage data analytics for performance tracking, and cultivate a strong, unified company culture to overcome these challenges.

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

To thrive as a Vice President of Collections, you need deep expertise in credit management, analytics, and debt recovery, typically supported by a degree in finance, business, or a related field. Mastery of collections management software, data analytics tools, and knowledge of relevant regulations such as FDCPA are essential. Exceptional leadership, negotiation, and strategic communication skills help drive team performance and manage stakeholder relationships. These skills ensure effective debt recovery, regulatory compliance, and the achievement of organizational financial objectives.

What is the difference between Vice President Collections vs Collections Director?

AspectVice President CollectionsCollections Director
CredentialsBachelor's degree, often an MBA, extensive experience in collections managementBachelor's degree, significant experience in collections, leadership skills
Work EnvironmentExecutive-level, strategic planning, cross-department collaborationOperational focus, team management, process improvement
Employer & Industry UsageFinancial institutions, large corporations, credit companiesFinancial services, banking, credit management firms
Search & Comparison IntentHigh-level strategic role, executive responsibilitiesOperational leadership, team oversight

The Vice President Collections focuses on strategic leadership and high-level decision-making in collections, while the Collections Director handles day-to-day operations and team management. Both roles require extensive experience in collections, but the VP role is more executive and strategic, whereas the Director role is more operational.

What are popular job titles related to Vice President Collections jobs in Carol Stream, IL?

For Vice President Collections jobs in Carol Stream, IL, the most frequently searched job titles are:

What job categories do people searching Vice President Collections jobs in Carol Stream, IL look for?

The top searched job categories for Vice President Collections jobs in Carol Stream, IL are:

What cities near Carol Stream, IL are hiring for Vice President Collections jobs?

Cities near Carol Stream, IL with the most Vice President Collections job openings:

Vice President Collections jobs near you

Vice President Lending

Abri Credit Union

Romeoville, IL • On-site

$125K - $135K/yr

Full-time

Medical, Retirement, PTO

Re-posted 16 days ago

Job description

Vice President Lending

As our Vice President Lending, you will:

  • Serve as the primary credit risk officer, evaluating complex credit applications and issuing definitive lending decisions within established policy risk tolerances.
  • Maintain exhaustive knowledge of regulatory lending mandates; implement internal controls to align practices with consumer protection and lending laws.
  • Oversee operational workflows for consumer and real estate lending lines to maximize efficiency and accuracy from application through funding.
  • Prepare and present accurate, data-driven reports for the Asset-Liability Committee (ALCO) and the Board of Directors.
  • Serve as the primary liaison for internal/external audits and state/federal regulatory examinations, ensuring timely compilation of required documentation.
  • Drive the department to meet or exceed asset growth, loan volume, and outstanding balance metrics established by the executive leadership team.
  • Direct daily delinquency management and collections operations to protect credit union assets and minimize loan losses.
  • Conduct monthly portfolio reviews to determine and approve final loan charge-offs, ensuring accurate accounting and recovery of collateral sales.
  • Collaborate with the Loan Servicing Manager to structure complex loan workouts, short sales, and the management of Owned Real Estate Open (OREO) properties.
  • Supervise business and consumer loan servicing, including payment processing, documentation compliance, and mandatory annual commercial reviews.
  • Oversee the optimization and maintenance of core lending systems, ensuring post-closing exception tracking is resolved efficiently.
  • Continually monitor evolving HMDA, consumer lending, and collection laws to update operational manuals and policy documentation dynamically.
  • Collaborate with peer business lines to cultivate cross-selling opportunities and deepen member relationships.
  • Establish and scale strategic B2B partnerships with mortgage companies, home equity lenders, realtors, and institutional partners.
  • Evaluate the feasibility and market potential of launching a fee-based mortgage processing service model.
  • Set strategic goals, deliver regular performance evaluations, and foster a collaborative, high-performance team culture.
  • Implement robust cross-training programs and job rotation frameworks to ensure operational continuity and internal talent pipelines.

Requirements:

  • Bachelor's degree in business administration, finance, or a related field (or equivalent executive-level experience).
  • 5 to 10 years of progressive leadership experience within a full-service financial institution or mortgage banking company.
  • Familiar with secondary market guidelines (Fannie Mae/Freddie Mac), HMDA, Fair Debt Collection Practices Act (FDCPA), and federal/state lending regulations.
  • Proven track record of strategic leadership, talent development, and high-integrity decision-making.
  • Proficiency in advanced loan origination systems (LOS), core banking platforms, and Microsoft Office Suite.
  • Advanced understanding of loan restructuring, workouts, foreclosures, and short sales is highly desirable.

Benefits:

  • Our 401k Match is as high as 7.98%
  • We offer Blue Cross health insurance with up to 90% employee/70% dependent premiums paid
  • You'll:
    • accrue 12 days of vacation per year
    • be given 5 days of personal leave per year
    • be given up to 13 paid holidays per year
  • Our dress code is relaxed, business casual and company logo wear
  • We have a team of trainers to get you ready to be fabulous on the job!

For a full list of our benefits, visit https://www.abricu.com/home/careers/benefits

Pay:

$125,000–$135,000 per year

EOE

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