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How much do vp collections jobs pay per hour?

As of May 31, 2026, the average hourly pay for vp collections in the United States is $20.03, according to ZipRecruiter salary data. Most workers in this role earn between $16.11 and $23.08 per hour, depending on experience, location, and employer.

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

To thrive as a VP of Collections, you need deep expertise in credit and collections management, financial analysis, and compliance, typically supported by a bachelor's or master's degree in business, finance, or a related field. Familiarity with collections software, CRM systems, and regulatory compliance tools is essential, as are certifications like the Certified Credit and Collection Professional (CCCP). Leadership, negotiation, and effective communication are critical soft skills for managing teams and maintaining strong client relationships. These skills ensure effective recovery strategies, regulatory adherence, and sustained financial performance for the organization.

How does a VP of Collections collaborate with cross-functional teams to improve collection strategies?

A VP of Collections regularly works with departments such as sales, customer service, finance, and legal to develop comprehensive collection strategies. This collaboration helps ensure that collection processes align with company policies, regulatory requirements, and customer relationship goals. By sharing feedback and data across teams, the VP can implement more effective practices, address recurring issues, and support process improvements that benefit both cash flow and customer satisfaction.

What are VP Collections?

A VP Collections, or Vice President of Collections, is a senior executive responsible for overseeing a company's debt collection operations. They develop strategies to optimize the recovery of outstanding receivables, ensure compliance with regulations, and manage teams of collection managers and agents. The VP Collections also analyzes collection data, implements technologies to improve efficiency, and collaborates with other departments to minimize financial risk. This role is critical in maintaining the financial health of an organization by maximizing cash flow and reducing bad debt.

What is the difference between Vp Collections vs Collections Manager?

AspectVp CollectionsCollections Manager
Required CredentialsBachelor's degree, experience in collections, leadership skillsBachelor's degree, experience in collections, team management
Work EnvironmentStrategic leadership, cross-department collaborationOperational management, direct team oversight
Employer & Industry UsageFinancial institutions, large corporationsBanks, credit companies, financial services
Search & Comparison IntentHigher-level strategic role, leadership focusOperational role, team management focus

The Vp Collections typically holds a strategic leadership position overseeing collections policies and cross-department initiatives, while the Collections Manager focuses on day-to-day team management and operational tasks. Both roles require relevant experience and industry knowledge, but the Vp Collections emphasizes strategic planning and leadership, whereas the Collections Manager concentrates on team performance and process execution.

What cities are hiring for Vp Collections jobs? Cities with the most Vp Collections job openings:
What are the most commonly searched types of Collections jobs? The most popular types of Collections jobs are:
What states have the most Vp Collections jobs? States with the most job openings for Vp Collections jobs include:
What job categories do people searching Vp Collections jobs look for? The top searched job categories for Vp Collections jobs are:
Vp Collections jobs near you
Infographic showing various Vp Collections job openings in the United States as of May 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $41,672 per year, or $20 per hour.

Senior Vice President of Member Services

Levo Federal Credit Union

Brandon, SD

Full-time

Posted 14 days ago

Job description

Senior Vice President of Member Services
Lead with Purpose. Serve the Community. Elevate the Member Experience.
Levo Credit Union is seeking a collaborative and strategic Senior Vice President of Member Services to help lead our continued growth and expand our impact. As a key member of our senior leadership team, this role will guide the strategy and execution of branch operations, lending, and recovery services, ensuring exceptional service while maintaining financially strength and operational efficiency.
This is an opportunity to join a community-focused credit union where relationships matter, employees are empowered, and members remain at the center of every decision.
Levo is dedicated to improving the financial well-being of our members and strengthening the communities we serve. As a trusted financial partner in Sioux Falls and the surrounding region, we deliver personalized service, innovative solutions, and a culture grounded in integrity, respect, accountability, and service. Our mission to improve lives by providing relevant financial services, building trusted relationships, supporting our communities, and fostering a rewarding workplace for our employees.
Reporting to the Executive VP of Strategy and Service, the SVP will lead branch services, virtual banking (service center), consumer and commercial lending, and recovery/collections. This role is critical in delivering a consistent, high quality member experience across all channels, aligning operations with long term growth goals, and strengthening performance, efficiency, and service delivery. The SVP role is essential to lead and collaborate with leaders across key operational areas to elevate member service, growth of the credit union, and ensure financial success.
Key Responsibilities
  • Lead enterprise-wide operational strategy, aligning branch services, service center, lending, and recovery with organizational goals
  • Champion a member-first culture across all channels
  • Drive operational excellence through process optimization and workforce strategy
  • Use KPIs to drive performance, profitability, and member outcomes
  • Oversee lending strategy, portfolio performance, and product development
  • Lead recovery and collections strategy to support financial strength
  • Ensure regulatory compliance and alignment of policies and procedures
  • Leverage data, technology, and market insights to guide decisions and identify growth opportunities
  • Oversee budgeting and resource allocation, to support strategic objectives
  • Build and develop high-performing leadership teams
  • Represent the organization through community engagement and partnerships

Requirements
  • 8-10+ years of progressive leadership experience in credit union, banking, or financial services
  • Strong expertise in lending, recovery efforts, branch operations, and/or member service delivery
  • Proven ability to lead teams and execute strategic initiatives
  • Experience using data and analytics to improve performance
  • Solid understanding of regulatory compliance and risk management
  • Collaborative leadership style with a commitment to community impact
  • Strong communication, relationship-building, and decision-making skills
Keywords: Credit Union Executive Jobs, SVP Operations, Banking Leadership Careers, Lending Leadership, Branch Operations Management, Financial Services Executive, Sioux Falls Jobs, Community Banking Careers
Salary Description

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