About OppLoans
Empowering financial paths for credit-challenged consumers
Key Highlights
- Over 1 million customers benefiting from personal loans
- $200 million+ raised from investors like Victory Park Capital
- Headquartered in Chicago, Illinois
- Partnerships with banks to enhance financial accessibility
OppLoans is a financial technology platform headquartered in Chicago, Illinois, that partners with banks to provide personal loans to middle-income, credit-challenged consumers. With over 1 million customers, OppLoans offers products designed to help individuals improve their credit scores and finan...
🎁 Benefits
Employees enjoy competitive salaries, equity options, flexible PTO, and a remote work policy that supports work-life balance....
🌟 Culture
OppLoans fosters a mission-driven culture focused on financial empowerment, emphasizing transparency and customer-centric values in its operations....
Overview
OppLoans is hiring a Manager of Collections & Recoveries Strategy to set the strategic direction for collections operations. You'll drive optimization to maximize recovery of delinquent accounts. This role requires strong leadership and strategic thinking skills.
Job Description
Who you are
You have a proven track record in managing collections and recovery operations, with a focus on optimizing processes to enhance financial outcomes. Your strategic mindset allows you to set clear directions and drive initiatives that improve recovery rates while maintaining compliance and customer satisfaction. You thrive in collaborative environments and are adept at leading teams to achieve operational excellence. You understand the importance of financial inclusion and are passionate about making a positive impact in the financial services sector.
You possess strong analytical skills, enabling you to assess performance metrics and identify areas for improvement. Your ability to communicate effectively with stakeholders at all levels ensures that your strategies are understood and embraced across the organization. You are comfortable navigating complex challenges and are committed to fostering a culture of continuous improvement within your team.
What you'll do
As the Manager of Collections & Recoveries Strategy, you will be responsible for developing and implementing strategies that maximize the recovery of delinquent and charged-off accounts. You will analyze current processes and identify opportunities for optimization, ensuring that your team operates efficiently and effectively. Collaborating with cross-functional teams, you will drive initiatives that enhance customer experience while achieving financial goals.
You will lead a team of professionals, providing guidance and support to ensure they have the tools and resources needed to succeed. Your role will involve setting performance targets, monitoring progress, and making data-driven decisions to improve outcomes. You will also be responsible for reporting on the effectiveness of collections strategies and making recommendations for adjustments as necessary.
What we offer
At OppLoans, we value innovation and inclusivity, creating an environment where diverse perspectives are welcomed and encouraged. We offer competitive compensation and benefits, along with opportunities for professional growth and development. Join us in making a meaningful impact in the financial system and helping consumers achieve better financial health.
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