MPOWER Financing · 3 weeks ago
Assistant Director - University Business Development - Washington, DC
MPOWER Financing is a mission-oriented fintech/edtech company that provides borderless loans and scholarships to help students realize their academic and career potential. The Assistant Director of University Business Development will lead and scale the recoveries function to maximize portfolio performance, establish strategies, and manage a team to improve loan servicing and collections.
FinanceFinancial ServicesFinTechLending
Responsibilities
Continuously reviewing defaulted loans to gain insights and identify recovery strategies
Identifying ways to drive improvements in overall loan servicing, delinquency management, and collections strategies through data and analytics
Driving automation, process improvement and team optimization to drive scale and efficiency in the recoveries function
Refining the global recoveries strategy to maximize collections while ensuring we’re effective in helping borrowers through periods of financial hardship
Providing inputs on servicing and collections standards, policies, and procedures and ensuring compliance with regulations
Managing a lean recoveries team
Tightly managing our US and Global Collections agencies against quantitative objectives, while expanding recoveries partnerships domestically and in key geographies
Qualification
Required
Undergraduate degree in a quantitative field
Deep experience in consumer credit collections, ideally with global or cross-border exposure
Past or current leadership role in a high-tech or fast-paced environment
Experience with U.S. regulations including FDCPA, Reg Z, TILA, UDAAP
Proven ability using quantitative data-driven analyses to deliver improved business performance
Keen people management with a focus on mentorship and professional development
Customer service orientation with an innate sense of service and empathy for others
Superior communication, presentation and facilitation skills with the ability to express complex concepts in plain language to reach broader audiences
A passion for financial inclusion and access to higher education is a must
Comfortable working with a global team across multiple time zones and sites
Comfortable working in a fast growth environment, meaning a small agile team, fast-evolving roles and responsibilities, variable workload and tight deadlines, a high degree of autonomy, and 80-20 everything
Benefits
Comprehensive Health Coverage: Medical, dental, and vision insurance with no waiting period — coverage starts on day one.
Everyone Is an Owner: Stock options are included in every offer because we believe in shared success.
Hybrid Work Model: We collaborate in person two days per week to strengthen culture, alignment, and innovation.
Flexible Paid Time Off: We offer generous PTO because we value rest, wellbeing, and work–life sustainability — whether you’re recovering, traveling, or welcoming a new family member.
Open, collaborative, and Transparent Culture: Access to leadership is intentional. Want to discuss an idea with the CEO? Just schedule a coffee chat.
Growth & Development: Annual learning budgets, professional coaching and mentorship, new-manager programs, technical training, and support for external certifications.
Team Connection: Regular in-person and virtual team events to build community and have fun.
Support for Hybrid Work: Monthly home-office stipend to help create a productive and comfortable workspace.
Company
MPOWER Financing
MPOWER Financing is fintech company that provides educational loans to domestic and international students.
Funding
Current Stage
Growth StageTotal Funding
$938.7MKey Investors
Goldman SachsETS Strategic CapitalTilden Park Capital Management LP
2025-10-20Debt Financing· $100.5M
2025-05-12Debt Financing· $313.2M
2023-10-18Debt Financing
Recent News
2025-10-22
2025-10-21
FinTech Global
2025-10-21
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