Consumer Loan Collection Manager Salary in Colorado - State Average

To get your salary data, use the search bar below or browse by job, city, or state.
loading...

Job title is required

loading...

Job location is required.

Average Salary for Consumer Loan Collection Manager in Colorado - State Average

The average salary of a(n) Consumer Loan Collection Manager in Colorado - State Average is $64,866.

The average hourly rate of a(n) Consumer Loan Collection Manager in Colorado - State Average is $31.19.

The average bonus of a(n) Consumer Loan Collection Manager in Colorado - State Average is $2,264.00.

Job Description:

Manages the delinquency control for the organization through collection and recovery activities. Oversees all complex collection matters, managing the in-house recovery process, and managing all account forwarding and litigation functions. Establishes and enhances policies and procedures to obtain operating efficiencies and to ensure optimum effectiveness. Leads improved efficiency and effectiveness of consumer collections through implementation and use of automation and loan portfolio analytics. Notifies cosigners regarding delinquent status of accounts. Oversees preparation and mailing of letter and notices on delinquent accounts and skip-tracing activities. Determines and recommends new repayment terms on delinquent accounts. Reviews and recommends accounts for legal action and initiates proper follow-up. Initiates and effects repossessions as authorized, advertises and negotiates prices for repairs, accepts bids, closes sales, and maintains records of action taken. Investigates and negotiates settlements on bankrupt accounts, contacts creditors, and consults attorneys as necessary. Reviews accounts to be recommended for charge-off, supervises the actual charge-off procedure, and reports to credit bureau. Reviews charge-off file periodically for possible collectability. Files necessary claims to government agencies to collect on insured loans. Retains working knowledge of the Fair Debt Collection Act, the Consumer Credit Collection Act, and State and Federal laws applying to collection activities. Manages the growth and development of collection and recovery staff. Less

Manages the delinquency control for the organization through collection and recovery activities. Oversees all complex collection matters, managing the in-house recovery process, and managing all account forwarding and litigation functions. Establishes and enhances policies and procedures to obtain operating efficiencies... More

How helpful is this page?

Are you a(n) Consumer Loan Collection Manager?

Get a more personalized salary report now. Get Report

Average Salaries for Similar Jobs in Colorado - State Average

View Salaries for Consumer Loan Collection Manager in Other Cities in Colorado - State Average

Job Openings by Indeed job search

Results for Consumer Loan Collection Manager in Colorado - State Average

Member Solutions Specialist - Denver, CO

CREDIT UNION OF COLORADO

Arranges for liquidation of balances through payments, collection, workout loans. Arranges for payments according to Collection Policy and Guidelines, Negative...

View job on Indeed.com

Assistant Branch Manager I (Thornton, CO) - Thornton, CO

Lendmark Financial Services

Process consumer loans; Lendmark Financial Services is a consumer finance company that specializes in providing direct and indirect personal loans, automobile...

View job on Indeed.com

Sales Management Trainee - Longmont, CO

OneMain

As one of the nation's largest consumer finance organizations, OneMain serves more than 1 million customers with personal loans, automobile loans, and other...

View job on Indeed.com

Librarian Reference - Medical Library - Denver, CO

Saint Joseph Hospital, Denver, CO

Assist patients and families in the use of the consumer health information service and assist the manager in evaluating the collection and services....

View job on Indeed.com

Regional Sales Director - Denver, CO

TD Insurance

The Dealer Finance Distribution Manager is responsible for consumer and dealer finance business development, customer retention and other activities with...

View job on Indeed.com

Discover How Much You
Should Be Paid

Work in Compensation or HR?    x