Collections Manager

Posted 3ds ago

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Job Description

Collections Manager leading 8–10 specialists at Cherry, a fintech enabling medical practices to offer Buy Now, Pay Later financing. Driving compliant recoveries and consumer outcomes.

Responsibilities:

  • Lead a team of 8–10 Collections & Recoveries Specialists
  • Own team performance across collections, recoveries, productivity, quality, and consumer experience
  • Identify, hire, onboard, and develop high-performing Collections & Recoveries Specialists
  • Build a high-performance culture through coaching, 1:1s, performance management, recognition, and accountability
  • Use data, performance trends, and frontline insights to identify root causes, make decisions, and drive results
  • Develop and execute strategies to improve individual and team collections and recoveries results
  • Own initiatives end to end by identifying opportunities, developing solutions, executing changes, and measuring results
  • Ensure collection activities follow Cherry's policies and procedures and applicable federal and state requirements
  • Take accountability for outcomes, proactively solve problems, and continuously raise the bar for the team and company

Requirements:

  • Proven track record of consistently meeting or exceeding collections and/or recoveries goals
  • 1+ years of first-party consumer collections experience, including pre-charge-off collections
  • 1+ years of experience directly managing a team of Collections & Recoveries Specialists, preferably 8 or more
  • Proven ability to identify, hire, and develop high-performing collections talent
  • Proven ability to coach and materially improve individual and team performance
  • Demonstrated experience using collections data and KPIs to identify opportunities and drive measurable results
  • Experience owning projects or operational initiatives end to end, from identifying the opportunity through execution and measurement
  • Strong working knowledge of applicable consumer collections laws, regulations, policies, and controls
  • Strong ownership, judgment, communication, and problem-solving skills
  • Flexibility to support evenings, weekends, and holidays based on business needs
  • High school diploma or GED required
  • Legally authorized to work in the United States
  • No visa sponsorship requirement, now or in the future

Benefits:

  • Flexible time off plan
  • Generous equity grant
  • Medical, vision, and dental benefits
  • Fully remote company
  • Summer and winter company retreats
  • $30,000 annual target variable (bonus) compensation