Director Credit & Collection Salary in District of Columbia - District Average

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Average Salary for Director Credit & Collection in District of Columbia - District Average

The average salary of a(n) Director Credit & Collection in District of Columbia - District Average is $158,281.

The average hourly rate of a(n) Director Credit & Collection in District of Columbia - District Average is $76.10.

The average bonus of a(n) Director Credit & Collection in District of Columbia - District Average is $16,683.00.

Job Description:

Directs and coordinates activities of those engaged in conducting credit investigations and collecting delinquent accounts of customers. Selects subordinates to supervise workers investigating and verifying financial status and reputation of prospective customers applying for credit, preparing documents to substantiate findings, and recommending rejection or approval of applications. Assigns responsibility for collecting on non-sufficient fund (NSF) checks and delinquent bills to specific supervisors. Reviews and evaluates applications, substantiated data, and recommendations, in order to determine credit validity. Establishes credit limitations on customer's account. Reviews collection reports to ascertain status of collections and balances outstanding and to evaluate effectiveness of current collection policies and procedures. Less

Directs and coordinates activities of those engaged in conducting credit investigations and collecting delinquent accounts of customers. Selects subordinates to supervise workers investigating and verifying financial status and reputation of prospective customers applying for credit, preparing documents to substantiate findings,... More

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