Senior Manager, Recovery & Arbitration Collections @ Forward Financing | Jobright.ai
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Forward Financing · 11 hours ago

Senior Manager, Recovery & Arbitration Collections

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FinanceFinancial Services
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Growth Opportunities

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Responsibilities

Evolve and build out modern collection strategies
Implement payment guidelines that maximize dollars recovered in the shortest timelines possible
Curate and continually evaluate the outbound content of customer emails & texts
Identify opportunities for efficiency improvements through automation/tech/process changes
Strategize outreach and payment strategies around key pressure points (commercial liens, arbitration, & collections placement).
Maintain continuous follow-through using various outreach methods (calling, texting, emailing) to reach out to customers who may not be responsive.
Expertly leverage data to drive outcomes
Achieve monthly goals of recovered payments from customers, meeting or exceeding incentive compensation targets.
Make data-driven decisions regarding inventory management & staff work assignments
Identify areas of development by leveraging data and account reviews to implement coaching around collection strategies
Set benchmarks and evaluate data to drive performance and create accountability.
Contribute to shaping and implementing scorecards and performance reviews for our Managers and Account Specialists
Lead a high-performing group of Account Specialists and Managers
Coach the entire team to be expert negotiators
Hold weekly one-on-one meetings with Managers to discuss team performance and dig in on areas of development
Model leadership behavior by being adaptable, communicating clearly, and driving performance.
Provide immediate and clear feedback and coaching regularly

Qualification

Find out how your skills align with this job's requirements. If anything seems off, you can easily click on the tags to select or unselect skills to reflect your actual expertise.

Collection strategiesData analysisManagement experienceDebt collection lawsCoaching skillsProcess improvementsPerformance reviews

Required

7+ years in a collection, credit management, or receivables role
5+ years of management experience is required
Customer-focused - can engage with and build buy-in from customers
Excellent verbal and written communication skills. Demonstrated ability to connect with customers, accounts specialists, managers, and leadership.
Familiarity with debt collection laws and best practices
Analytical experience in a collections setting (default rates, call metrics, inventory management, etc.).
Has partnered with tech stakeholders to complete projects that have had a positive impact on results.

Preferred

Experience leading managers is preferred

Benefits

Medical
Dental
Vision
Commuter benefits
Flexible time-off policy
Paid parental leave
401k match for US employees
Wellness reimbursement
Volunteering days
Annual professional development budget
Charitable donation match

Company

Forward Financing

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Forward Financing is a fintech company that provides fast, flexible working capital to small businesses nationwide.

Funding

Current Stage
Growth Stage
Total Funding
$540M
2024-09-19Debt Financing· $200M
2021-06-07Debt Financing· $250M
2019-04-08Debt Financing· $90M

Leadership Team

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Shannon Braley
Senior Vice President, People
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Michael Spinello
President
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Company data provided by crunchbase
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