Manager, Member Recovery

LendingClub Bank

$92K — $115K *
Lehi, UT 84043In-Person
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-10 years in a leadership position with increasing responsibilities
  • Strong background in collections management including both strategic and operational aspects
  • Experience with regulatory compliance related to collections (TCPA, FDCPA, UDAAP)
  • Proficient in defining and implementing business metrics
  • Effective communicator with a team-oriented mindset
  • Strong problem-solving skills and a collaborative spirit
  • BS/BA degree required; MBA preferred

Responsibilities

  • Manage performance of collections team across various contact channels
  • Develop and implement new collections strategies with internal partners
  • Inspire and develop team leaders while ensuring compliance with regulations
  • Lead initiatives responding to regulatory changes or audit requirements
  • Consult on strategic initiatives as required by the business
  • Expand role scope to support multiple business units over time

Benefits

  • Comprehensive medical, dental and vision plans for employees and families
  • 401(k) matching program
  • Health and wellness initiatives
  • Flexible time off policies for salaried employees
  • Up to 16 weeks paid parental leave
  • Relocation assistance based on job level
Full Job Description
Current Employees of Happen Bank: Please apply via your internal Workday Account

About the Role

Here at Happen Bank, we take pride in helping our customers through our ethos of service: MOVE. As leaders in the market, we seek individuals who are excited about their career, inspired by our vision and embody our values. In this role, you’ll have the opportunity to empower our frontline by helping them provide best in class service through three simple principles:
“Build a Relationship, Make it Easy, and Think Ahead”

We are looking for an experienced person who can simultaneously think strategically about collections activities across key internal functions, while also inspiring business performance and strategic execution at a team and associate level. This is a management role with several direct reports who in turn lead teams of 10-15 Associates.

What You'll Do

  • Manage the performance of Member Recovery staff performing collections in a pre-charge environment in multiple contact channels (phones, chat, text)

  • Work with internal partners to execute new collections strategies to drive efficiency and effectiveness for our consumer loans business

  • Simultaneously inspiring team performance, developing your leaders and driving legal/regulatory adherence for our collections team

  • Work closely with Legal, Compliance, Audit, and other partners to lead initiatives resulting from the changing regulatory environment and/or audit needs

  • Consult on other strategic initiatives as required by the business

  • Over the longer term, the scope of this role will expand to support multiple business units and product lines


About You

  • 5-10 years of experience in a leadership role of progressive responsibility

  • Deep experience in collections on both strategic and operational levels; staff management preferred

  • Experience managing in a highly regulated line of business while adhering to legal/regulatory framework governing collections activities including TCPA, FDCPA, and UDAAP

  • Experience defining and implementing metrics and/or adjusting current metrics based on business demands/needs

  • A professional, helpful, and friendly attitude coupled with the ability to listen, teach, and elicit information efficiently - we work in a team-oriented environment

  • A strong problem solver and collaborator with an interest in making the business better for customers and team members

  • Ability to work effectively and efficiently across multiple org levels.

  • Excellent writing, email, phone and organization skills

  • Strong verbal communication skills coupled with strong computer skills (Excel and Tableau experience is a plus)

  • BS/BA degree, MBA preferred

Work Location
Lehi, Utah

The above locations are eligible offices for this role. The locations have been determined to foster in-person collaboration with this role’s team or the related business lines. We utilize a hybrid work model, and our teams are in-office Tuesdays, Wednesdays, and Thursdays. In-person attendance is essential for this role’s success, and remote placement will not be considered. Happen Bank offers relocation, based on actual job level.

Time Zone Requirements
Primarily MT
While the position will primarily work local hours, Happen Bank is headquartered in Pacific Time and our ideal candidate will be flexible working across time zones when necessary.

Travel Requirements
Monthly/quarterly/as needed travel to Happen Bank offices and/or other locations, as needed.

Compensation
The target base salary range for this position is 92,000-115,000. The base salary of the role will be determined by job-related knowledge, experience, education, skills, and location. Base salary is just one part of Happen Bank's Total Rewards package. You may also be eligible for long-term awards (equity) and an annual bonus (which is based on company performance, employee performance and eligible earnings).

We’re creating new financial services solutions for our members based on fairness, simplicity, and heart, and we treat our employees the same way. We offer a competitive benefits package that includes medical, dental and vision plans for employees and their families, 401(k) match, health and wellness programs, flexible time off policies for salaried employees, up to 16 weeks paid parental leave and more.

#LI-Hybrid
#LI-SS1

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