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Vice President Collections Jobs in Chicago, IL (NOW HIRING)

Sales, Vice President

Chicago, IL · On-site

$90K - $130K/yr

A Day in the Life of a Sales Vice President A Day in the Life of a Vice President of Sales at First ... Participate in collections, recruiting, hiring, and team development while investing in personal ...

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 ...

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 ...

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 ...

A Day in the Life of a Sales Vice President A Day in the Life of a Vice President of Sales at First ... Participate in collections, recruiting, hiring, and team development while investing in personal ...

A Day in the Life of a Sales Vice PresidentA Day in the Life of a Vice President of Sales at First ... collections, recruiting, hiring, and team development while investing in personal growthTravel 20 ...

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 ...

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 ...

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 ...

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Vice President Collections information

See Chicago, IL salary details

$81.9K

$168.1K

$269.9K

How much do vice president collections jobs pay per year?

As of Sep 1, 2026, the average yearly pay for vice president collections in Chicago, IL is $168,137.00, according to ZipRecruiter salary data. Most workers in this role earn between $142,700.00 and $182,800.00 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 the most commonly searched types of Collections jobs in Chicago, IL?

The most popular types of Collections jobs in Chicago, IL are:

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

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

Infographic showing various Vice President Collections job openings in Chicago, IL as of August 2026, with employment types broken down into 100% Full Time. Highlights an 67% In-person, and 33% Remote job distribution, with an average salary of $168,137 per year, or $80.8 per hour.

Vice President of Finance

Progressive Housing, Inc.

Olympia Fields, IL • On-site

$150K - $175K/yr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 15 days ago


Job description

Vice President of Finance

Progressive Careers & Housing (PCH) has been dedicated to helping individuals with intellectual and developmental disabilities live with dignity, independence, and opportunity for more than 30 years. PCH provides a continuum of integrated residential and day training services across Northern, Central, and Southern Illinois. Its housing options include 16-bed Intermediate Care Facilities (ICFs) and Community Integrated Living Arrangements (CILA homes), each designed to offer safe, supportive environments where individuals can thrive.

Position Summary: Vice President of Finance

Reporting to the CEO and partnering closely with the organization's external CFO consultant, the Vice President of Finance will oversee the day-to-day finance and accounting operations of a $20M organization serving individuals with intellectual and developmental disabilities across Illinois. This leader will directly manage a team of six finance and accounting professionals, support organizational priorities established by executive leadership, and ensure the accuracy, compliance, and long-term stability of the organization's financial operations.

Key Responsibilities:

  • Financial Leadership
  • Team Leadership & Development
  • Accounting Special Projects
  • Accounts Receivable & Billing
  • Accounts Payable
  • Payroll Administration
  • Data & Analysis
  • Cash Flow & Forecasting
  • Financial Reporting
  • Audit & Compliance
  • Budgeting & Planning

Leadership & Competency Expectations:

  • Hands-On Financial Operator
  • Technical Expertise & Data Fluency
  • Trusted Partner & Thoughtful Executor
  • Builder of Teams and Talent

Position Requirements - Qualifications

Bachelor's degree in accounting required. Progressive leadership experience in accounting, with demonstrated ability to oversee all aspects of nonprofit or healthcare-related financial operations. Demonstrated success operating as a hands-on leader who combines financial expertise with strong execution, project management, and organizational problem-solving capabilities. Knowledge of state funding streams for intellectual and developmental disability (IDD/DD) services, including billing, reporting, and compliance requirements. Skilled at using technology, with working knowledge of accounting softwares (i.e. Business Central), electronic health record systems (i.e. Therap), and IL state government funding portals. Proven success in strengthening accounts receivable, billing, and collections functions in complex, contract-driven environments. Track record of building, mentoring, and leading high-performing teams, with ability to implement policies, systems, and accountability structures.

Location, Compensation and Benefits

This is a full-time, onsite position based at Progressive Careers & Housing's administrative office located at 20180 Governors Drive, Suite 300, Olympia Fields, Illinois. The salary range for this position is $150,000 - $175,000, commensurate with experience, along with a comprehensive benefits package. Benefits include medical, dental, and vision insurance; a 403(b) retirement plan with employer contributions; short-term disability and employer-paid life insurance; and paid time off including vacation, sick leave, and holidays.