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Collections Manager

CFS

  • Chicago, IL
  • 5 days ago
  • $90,000–$120,000 Per Year

Highlights

The ideal Collections Manager will combine analytical thinking, strong negotiation skills, and a proven ability to drive results across a large portfolio of accounts. This role requires someone who can confidently assess complex situations, communicate effectively with consumers, and identify strategies that maximize recovery while maintaining compliance with applicable regulations.
CFS

Numbers & Facts

LocationChicago, IL
IndustryFinancial Services
Salary$90,000–$120,000 Per Year
Company Size500 to 999 employees
Year Founded1994
Websitehttp://www.cfstaffing.com/

Description



Are you an experienced collections professional ready to build something from the ground up? This is an exciting opportunity for a Collections Manager to lead and develop a newly established function focused on collecting outstanding wage garnishments. The ideal Collections Manager will combine analytical thinking, strong negotiation skills, and a proven ability to drive results across a large portfolio of accounts.
As a Collections Manager, you will be responsible for reviewing consumer accounts, evaluating account status, and determining the appropriate next steps to advance the collection process. This role requires someone who can confidently assess complex situations, communicate effectively with consumers, and identify strategies that maximize recovery while maintaining compliance with applicable regulations.
The Collections Manager will oversee a substantial portfolio and will be measured on collection performance and overall portfolio results. Success in this position requires a detail-oriented professional who thrives in a fast-paced environment and can balance strategic decision-making with day-to-day account management responsibilities.

Key Responsibilities



  • Analyze accounts involving outstanding wage garnishments and determine appropriate collection strategies.

  • Manage a large portfolio of consumer debt accounts and drive collection performance.

  • Identify, implement, and refine collection processes to improve recovery outcomes.

  • Maintain accurate account documentation and collection activity records.

  • Communicate with consumers regarding repayment obligations and available resolutions.

  • Ensure collection activities are conducted in accordance with applicable policies and regulations.

  • Help establish and shape a new department, contributing ideas, processes, and best practices.


Qualifications



  • Bachelor's degree required.

  • Previous experience as a Collections Manager or in a collections-focused role.

  • Direct experience collecting consumer debt strongly preferred.

  • Experience with wage garnishments is highly desirable.

  • Consumer debt collections experience preferred.

  • Ability to provide specific examples of successful collection strategies and results.

  • Strong analytical, organizational, and communication skills.

  • Proven ability to manage high-volume portfolios and deliver measurable performance results.

  • Prior experience in financial services, engineering or legal background.


Why Consider This Collections Manager Opportunity?


This Collections Manager position offers the rare chance to play a key role in launching and growing a new department. The successful Collections Manager will have significant ownership, visibility, and influence while working in an environment that rewards initiative, accountability, and results. If you are a motivated collections professional looking for your next challenge and the opportunity to make a lasting impact, this Collections Manager opportunity may be the perfect fit.

Compensation range $90,000-$120,000 + commission

#INOCT2026 #LI-SP3 #ZRCFS

About Company

Founded by CPA firms in 1994, Creative Financial Staffing has spent over 30 years helping job seekers and employers succeed. In fall 2025, we rebranded as CFS—a name that reflects our full range of expertise while staying true to the trusted company you know.

CFS is the industry’s leading employee-owned staffing firm, connecting top talent in accounting, finance, technology, and human resources. We provide skilled professionals on both a temporary and permanent basis across diverse industries, leveraging our extensive network to match the right people with the right opportunities.

Our dedication to excellence extends to our award-winning culture, recognized repeatedly for growth, recruiting, workplace environment, and employee support. Honors include Forbes’ “America’s Best Recruiting and Temporary Staffing Firms,” Staffing Industry Analysts’ top U.S. staffing rankings, FlexJobs’ Top 100 Companies for Remote and Hybrid Work, Top Workplaces USA, Newsweek’s Best Practices awards, and more.

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