Newbold Advisors, LLC · 3 months ago
Director of Consumer Collections Strategy/Operations
Newbold Advisors, LLC is seeking two transformative leaders to reimagine and modernize the Consumer Lending Collections function for one of the nation’s top finance institutions. These roles will lead the collections organization across multiple lending products, overseeing operations and driving modernization initiatives.
BankingBitcoinFinancial ServicesInsurance
Responsibilities
Lead the end-to-end collections organization across multiple lending products
Oversee daily operations, portfolio management, vendor performance, and risk outcomes
Spearhead modernization initiatives, including platform migrations, omnichannel engagement, predictive contact strategies, and new telephony systems
Implement specialized workflows and scorecard-driven approaches for high- and low-risk accounts
Partner closely with Risk, IT, Credit, and Operations leadership to drive delinquency reduction, charge-off mitigation, and operational efficiency
Forecast trends and support executive-level decisions
Drive talent development and succession planning responsibilities
Qualification
Required
10+ years leading consumer collections or recovery operations in auto, mortgage, or credit card sectors
Experience managing large teams up to 500 FTE, including offshore
Proven track record in transforming large-scale collections operations, including platform and telephony modernization, and digital engagement strategies
5-10 years of Collections experience in a senior role
Experience managing 75-150 people and complex vendor relationships
Experience in back-end recovery (attorneys, probate, collections)
Expertise in delinquency segmentation, loss forecasting, and operational performance optimization
Strong executive presence with experience influencing senior leadership and engaging with regulators
Demonstrated ability to drive cost savings, process improvements, and sustainable operational change
Benefits
Employee benefits package
Lucrative bonus and stock plans
Relocation package offered
Company
Newbold Advisors, LLC
I was recruited to execute a series of strategic initiatives for commercial clients within the mortgage banking industry.
Funding
Current Stage
Growth StageRecent News
Company data provided by crunchbase