Director of credit and collections

From Wikipedia, the free encyclopedia

A director of credit and collections is a senior-level employee in an organization's credit department. Job responsibilities may include:

  • Overseeing credit and collection functions
  • Hiring, firing, evaluating and promoting credit department employees
  • Administrating credit policies
  • Evaluating and improving collection effectiveness
  • Encouraging sales growth
  • Mentoring credit managers, credit analysts and other credit department personnel[1]

Employees holding the director of credit and collections position typically have a bachelor's degree or higher, 15–20 years of credit experience, global experience and a Certified Credit Executive designation from the National Association of Credit Management (NACM).[1]

Employment

As of June 2016, the median salary for a director of credit and collections is $105,282. They typical salary is between $90,419 and $125,160.[2]

Professional organizations

See also

References

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