How much does a Credit and Collections Director make in Maryland? The average Credit and Collections Director salary in Maryland is $160,555 as of March 26, 2024, but the range typically falls between $138,000 and $182,404. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
Percentile | Salary | Location | Last Updated |
10th Percentile Credit and Collections Director Salary | $117,465 | MD | March 26, 2024 |
25th Percentile Credit and Collections Director Salary | $138,000 | MD | March 26, 2024 |
50th Percentile Credit and Collections Director Salary | $160,555 | MD | March 26, 2024 |
75th Percentile Credit and Collections Director Salary | $182,404 | MD | March 26, 2024 |
90th Percentile Credit and Collections Director Salary | $202,296 | MD | March 26, 2024 |
Collections and Credit Specialist
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Credit and Collections Director leads the overall credit function. Designs and implements processes to improve cash flow and reduce receivables. Being a Credit and Collections Director develops policies regarding the investigation of customers, extension of credit lines, and collections. Consults with current and future clients regarding their level of credit. Additionally, Credit and Collections Director oversees the negotiation and course of action taken for overdue accounts. Typically requires a bachelor's degree. Typically reports to top management. The Credit and Collections Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. To be a Credit and Collections Director typically requires 5+ years of managerial experience. (Copyright 2024 Salary.com)... View full job description
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Location | Avg. Salary | Date Updated |
---|---|---|
Location Dundalk, MD | Avg. Salary $160,088 | Date Updated March 26, 2024 |
Location Abell, MD | Avg. Salary $172,546 | Date Updated March 26, 2024 |
Location Aberdeen, MD | Avg. Salary $156,817 | Date Updated March 26, 2024 |
Location Aberdeen Proving Ground, MD | Avg. Salary $157,752 | Date Updated March 26, 2024 |
Location Abingdon, MD | Avg. Salary $156,973 | Date Updated March 26, 2024 |
Location Accident, MD | Avg. Salary $139,376 | Date Updated March 26, 2024 |
Location Accokeek, MD | Avg. Salary $173,013 | Date Updated March 26, 2024 |
Location Adamstown, MD | Avg. Salary $169,276 | Date Updated March 26, 2024 |
Location Allen, MD | Avg. Salary $165,538 | Date Updated March 26, 2024 |
Location Andrews Air Force Base, MD | Avg. Salary $173,325 | Date Updated March 26, 2024 |
A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Credit and Collections Director, the first career path typically progresses to Top Credit and Collections Executive.
Salary.com's CompAnalyst platform offers:
Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Credit and Collections Analyst I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Credit and Collections Analyst II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Credit and Collections Analyst III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Credit and Collections Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
Job Title Credit and Collections Representative I | Experience 0 - 1 | EducationHigh School | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Credit and Collections Director salary of your education level.
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About Maryland Maryland (US: /ˈmɛrələnd/ (listen) MERR-əl-ənd) is a state in the Mid-Atlantic region of the United States, bordering Virginia, West Virginia, and the....More
Skills associated with Credit and Collections Director: Bill Collections, Credit and Collections Software, Compliance Audit, Negotiation ...More
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