Collections Manager

BMG Money
FL, United States
Full-time

About the Company

At BMG Money, we help people solve unexpected financial problems affordably. Our team members draw from many years of experience at leading banks, fintechs, law firms, and governments.

We all share one vision we help employees borrow and improve their financial quality of life. BMG embraces innovation, is committed to quality, and is unafraid to challenge the status quo.

Job Title : Collections Manager

Job Summary :

The Collections Manager will develop and oversee strategies to improve collections processes, manage a team of collections agents, and ensure key performance indicators (KPIs) are met.

The ideal candidate will have proven experience in building and managing collections strategies, optimizing performance, and driving results in a fast-paced fintech environment.

Key Responsibilities :

  • Develop, implement, and optimize collections strategies to maximize recovery and minimize losses. Lead and mentor a team of collections agents, providing guidance, training, and performance management to ensure optimal performance.
  • Monitor collections performance metrics and KPIs, ensuring the team meets or exceeds established targets.
  • Ensure that all collections activities comply with federal, state, and local regulations and company policies.
  • Identify opportunities to streamline collections processes, reduce operational costs, and improve efficiency.
  • Handle escalated customer issues and provide solutions to ensure positive customer interactions while securing payments.
  • Prepare and present collections performance reports to senior management, providing insights and recommendations for improvement.
  • Work closely with other departments such as Customer Service, Finance, and Legal to ensure seamless operations and mitigate risks.

Qualifications :

  • Bachelor’s degree in business, Finance, or a related field (or equivalent experience).
  • 5+ years of experience in collections, with at least 2 years in managerial role.
  • Proven experience in developing and managing collections strategies.
  • Strong leadership skills with experience in managing performance and coaching teams.
  • Excellent communication and negotiation skills.
  • Proficiency in collections software and data analysis tools.
  • Knowledge of relevant regulations, including the Fair Debt Collection Practices Act (FDCPA).

Skills :

  • Strategic thinking and problem-solving abilities.
  • Strong analytical skills and attention to detail.
  • Ability to work in a fast-paced, results-driven environment.
  • Strong interpersonal skills and the ability to handle difficult conversations professionally.
  • 23 hours ago
Related jobs
Promoted
VirtualVocations
Olympia Heights, Florida

A company is looking for a Manager of Billing & Collections to oversee billing processes and improve collection strategies. ...

Promoted
Miracle Motors Bradenton
Bradenton, Florida

The Account Manager Collections Specialist at Miracle Motors Bradenton is responsible for managing and overseeing the accounts receivable collection process for our dealership. Prior experience in collections, accounting, or customer service strongly preferred. ...

Promoted
VirtualVocations
Ocala, Florida

A company is looking for a Manager II, Credit & Collections to oversee their e-Commerce Retailer business operations. ...

Promoted
Expedient Staffing Solutions
Melbourne, Florida

As the Operations Manager of Medical Collections, you will lead a team of approximately 100 collectors and 6 team leaders in our call center. Manage daily operations of the medical collections team. Strong leadership experience in operations, preferably in a call center environment related to medica...

JPMorgan Chase Bank, N.A.
Heathrow, Florida

As a Collections Manager II in Credit Card Collections, you will be responsible for leading multiple collections teams, ensuring that all teams operate efficiently and deliver optimum performance. This role involves overseeing the day-to-day operations of the collections process, ensuring teams are ...

CACI International Inc
Tampa, Florida

ISR Collections Manager - SeniorJob Category: IntelligenceTime Type: Full timeMinimum Clearance Required to Start: TS/SCIEmployee Type: RegularPercentage of Travel Required: Up to 10%Type of Travel: Continental US* * *. As a Collections Manager (ISR) you will have the opportunity to build the data i...

National Service Bureau
Sarasota, Florida

Collections Manager Job Description:. We are seeking a Collections Manager with experience leading teams, who can empathize with consumers and has the ability to maintain professionalism at all times. Collections Manager Skills Required:. National Service Bureau (NSB) is seeking an experienced Call ...

Code4lib
Miami, Florida

Position Overview: Reporting to the Collections and Exhibitions Planning Director, and drawing from a growing collection of 3,500+ artworks, the Collections Information and DAMS Manager serves as an integral role managing TMS Collections (TMSC). Collections Information and DAMS Manager. Job Title: C...

Apryse
Orlando, Florida
Remote

This is a working manager role that is both highly visible and requires the candidate to roll up his/her sleeves to help the team accomplish their deliverables. Play a leadership role in the integration of billing and collections systems, including working with consultants and internal stakeholders ...

University of Miami
Coral Gables, Florida

Manager, Library Cataloger -- Special Collections. Reporting to the Unit Lead for Digital & Distinctive Collections Cataloging, the Library Cataloger will be responsible for providing original and complex copy cataloging, retrospective conversion, and authority work for materials in the Librarie...