Credit and Collection Officer Career


The primary area of expertise of a credit and collection officer is accounts receivable and payments receivable. The job responsibilities can vary from working on corporate accounts receivables to issuing collection notices for sales credits. A credit and collection officer career can be pursued in several different industry sectors including banks, insurance companies, debt recovery agencies, credit card companies, and other financial institutions.

How to become a Credit and Collection Officer:

One needs to have a strong educational background in accounts to manage the job responsibilities of a credit and collection officer. If one opts for a credit and collection officer career then they will need to start by commencing their education in accounts and other areas of finance. Qualifying for the CPA exam and certification will ensure a healthy start to credit and collection officer career.

Credit and Collection Officer Career courses, training, programs:

The CPA exam will help one to become a licensed Certified Public Accountant and he or she can also join an organization as a credit and collection officer. The other option is to complete a bachelor’s degree in accountancy or an associate degree in order to start their career as a credit and collection executive and then climb up the ladder gradually.

Credit and Collection Officer Career schools/colleges, education:

A BS degree in accounting program revolves around an accounting related curriculum and deals with financial and economic data. Apart from accounting as the main subject; these programs offer several electives to choose from, which are cost accounting, fundamentals of taxation, financial accounting systems, managerial finance, intermediate and advanced accounting, and auditing.

Top 5 colleges/universities:

University of Bridgeport

Bellevue University

Capella University

University of Phoenix

Fairmont State University        

Credit and Collection Officer Job opportunities, salaries/pay:

The average salary for a Credit and Collection Officer in the USA varies from $30,000 to $87,859 annually. The median expected salary in the US for a Credit and Collection Officer is $73,972.

Category: Banking Careers

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