How much does a Collections Specialist make in Sioux Falls, SD?
A Collections Specialist in Sioux Falls, SD, earns a competitive salary. On average, they make about $37,629 per year. This figure can vary based on experience, skills, and the specific employer. Many professionals find this role rewarding, both financially and in terms of job satisfaction.
The salary range for Collections Specialists in Sioux Falls spans from $32,500 to $49,818 annually. This range shows that there is potential for growth. Those with more experience or specialized skills often earn more. Additionally, some employers may offer bonuses or other incentives, which can increase overall earnings.
What are the highest paying cities for a Collections Specialist near Sioux Falls, SD?

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Mitchell, SD
Average Salary: $46,012
In Mitchell, a Collections Specialist can expect a supportive work environment. The city's smaller size means close-knit teams and a strong sense of community. Local businesses value reliable professionals, making it a great place to start your career.
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Rapid City, SD
Average Salary: $43,009
Rapid City offers a dynamic atmosphere for Collections Specialists. The city's diverse economy provides various opportunities. Working with prominent companies here can enhance your skills and career growth.
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Omaha, NE
Average Salary: $41,371
Omaha is a bustling hub for Collections Specialists. The city's large companies offer diverse roles and growth opportunities. Professionals here value teamwork and efficiency, making it a rewarding place to work.
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Des Moines, IA
Average Salary: $40,212
In Des Moines, Collections Specialists find a mix of challenges and opportunities. The city's insurance and finance sectors are prominent. Working here can provide valuable experience and networking opportunities.
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Pierre, SD
Average Salary: $40,000
Pierre offers a quieter, yet rewarding environment for Collections Specialists. The city's smaller size means you'll get to know your colleagues well. Working in government and local businesses can offer stability and growth.
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Bismarck, ND
Average Salary: $39,111
Bismarck provides a balanced work-life environment for Collections Specialists. The city's growing economy offers various job opportunities. Professionals here appreciate reliability and strong communication skills.
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Lincoln, NE
Average Salary: $36,622
Lincoln is a vibrant city for Collections Specialists. The presence of educational and healthcare institutions offers diverse job opportunities. Working here can provide a mix of challenges and rewards.
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Watertown, SD
Average Salary: $33,256
Watertown offers a friendly and professional setting for Collections Specialists. The city's smaller size means close-knit teams. Local businesses value hard work and dedication, making it a great place to build your career.
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Huron, SD
Average Salary: $33,256
In Huron, Collections Specialists can enjoy a supportive work environment. The city's smaller size means you'll get to know your colleagues well. Working here can offer a mix of challenges and personal growth.
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What are the best paying companies for a Collections Specialist in Sioux Falls, SD?

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Avera Health
Average Salary: $45,200
Avera Health offers rewarding positions for Collections Specialists. They focus on providing quality care and have locations throughout South Dakota, including Sioux Falls. Employees enjoy a supportive environment with opportunities for growth.
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IRA Financial
Average Salary: $37,600
IRA Financial provides a dynamic workplace for Collections Specialists. They serve clients in Sioux Falls and beyond. The company values teamwork and offers a chance to make a real impact in the community.
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First PREMIER Bank and PREMIER Bankcard
Average Salary: $33,350
First PREMIER Bank and PREMIER Bankcard are known for their customer-focused approach. Collections Specialists here work in Sioux Falls, helping to maintain financial stability for clients. They offer a stable work environment with potential for advancement.
What are the best paying Collections Specialist related jobs in Sioux Falls, SD?

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Mortgage Loan Originator
Average Salary: $165,982
This role involves working with clients to find the best mortgage options. Companies like Wells Fargo and TD Bank offer these positions. They focus on understanding the client's needs and guiding them through the mortgage process.
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Loan Specialist
Average Salary: $101,696
Loan specialists work closely with clients to ensure they get the right loan. At banks like Citibank and Chase, these specialists handle applications and approvals. They need to be detail-oriented and understand financial products.
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Commercial Loan Officer
Average Salary: $98,269
These professionals help businesses secure loans. Companies like U.S. Bank and PNC Bank hire them. They assess the creditworthiness of businesses and manage loan portfolios to ensure timely repayments.
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Compliance Officer
Average Salary: $92,500
Compliance officers ensure that companies follow all laws and regulations. At firms like Fidelity Investments and American Express, they review policies and procedures. They play a key role in maintaining ethical standards.
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Credit Analyst
Average Salary: $75,798
Credit analysts evaluate the creditworthiness of individuals and businesses. At companies like Equifax and TransUnion, they analyze financial data. They help businesses make informed lending decisions.
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Operations Analyst
Average Salary: $61,817
Operations analysts improve business processes. At firms like Deloitte and Accenture, they study workflows and suggest improvements. They work to increase efficiency and reduce costs.
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Loan Servicing Specialist
Average Salary: $55,000
Loan servicing specialists manage loan accounts. At companies like Bank of America and Capital One, they handle payments and customer inquiries. They ensure that loans are serviced correctly and on time.
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Accounts Receivable Specialist
Average Salary: $42,214
These specialists manage incoming payments. At firms like Amazon and Walmart, they ensure that customers pay their bills. They track payments and follow up on overdue accounts.
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Billing Specialist
Average Salary: $40,776
Billing specialists create and send invoices. At companies like AT&T and Verizon, they ensure that customers are billed accurately. They handle customer inquiries and resolve billing issues.
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Consumer Banker
Average Salary: $40,650
Consumer bankers help individuals manage their finances. At banks like JPMorgan Chase and Bank of America, they offer advice on loans and savings. They build relationships with customers to provide personalized service.
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