Director, Default Management jobs in United States
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West Coast University ยท 2 days ago

Director, Default Management

West Coast University is an institution dedicated to educating students seeking careers in healthcare. The Director, Default Management is responsible for overseeing default management functions, including managing cohort default prevention and providing training and support to staff involved in loan counseling and outreach.

Higher Education

Responsibilities

Performs all duties of Default Management Specialists in addition to the duties listed separately in this section
Provides daily oversight and supervision of Default Management Specialists and Default Management Supervisor
Prepares performance reviews, communicates goals, and provides appropriate feedback on performance in accordance with institutional guidelines and standards. Assists with employee recruitment and hiring
Provides training on student loan borrowing, counseling, and repayment, and collections for new and existing Default Management Specialists and campus financial aid staff
Accesses reports from the National Student Loan Data System, private lenders, DOE servicers, and Borrower Connect to monitor borrowers in repayment and delinquencies. Reviews, analyzes and researches data and resolves errors appropriately. Maintains detailed records of borrowers and outreach efforts for both American Career College and West Coast University borrowers
Monitors performance of Default Management Specialists to ensure that outreach is appropriate, effective, and in compliance with federal, state, and institutional rules and regulations. Assigns, monitors and reviews time spent on callings, e-mails, internet social networking by staff. Ensures tasks delegated are completed accurately and in timely fashion, and are appropriately documented in CampusVue
Trains campus Financial Literacy staff on student loan entrance counseling presentations, graduate exit counseling presentations, and other financial outreach to student borrowers. Develops loan counseling materials and PowerPoint presentations for campuses
Schedules graduate exit counseling workshops at each campus and maintains calendar of new student orientations and graduate workshops for all campus locations. Ensures that counseling sessions are provided within 30 days of graduation date to all upcoming grads. Monitors Experian, Accurint, and Borrower Connect billing for accuracy and appropriate allocation and submission to Accounting
Performs other duties as assigned

Qualification

Default management experienceSupervisory experienceMS Excel expertiseFinancial data analysisBilingual English/SpanishAnalytical skillsPowerPoint presentation developmentTrainingOrganizational skillsMentoring

Required

Bachelor's Degree from an Accredited University or College
Cannot be in default on a federal loan or owe repayment of a federal grant
Valid California Driver's License required
Five to seven years of default management or collections experience
Two years supervisory or managerial experience
Experience with MS Office, with expertise in MS Excel required
Excellent analytical and organizational skills
Ability to analyze financial data and prepare financial reports, statements, and projections

Preferred

5+ years' experience as a default management specialist
5+ years of management experience
Bilingual English/Spanish
Thorough knowledge of federal Title IV student loan programs preferred

Company

West Coast University

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West Coast University is a university offering undergraduate and graduate degrees in nursing and other healthcare disciplines.

Funding

Current Stage
Late Stage

Leadership Team

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Marwan Alamat
Vice President, Innovation
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