Recovery - Assistant Vice President II - O1

Description

Position Summary

Credit One Bank is looking for an Assistant Vice President of Recovery and Asset Sales to drive post-Charge-off strategy for a top 10 Credit Card issuer. The successful candidate will be responsible for working directly with several Debt Buyers that purchase post-charge-off assets. The responsibilities for the individual in this position also include being the primary point of contact being Credit One and each Debt Buyer and evaluating strategies.

Essential Job Functions

• Leads the team that handles the monthly post-charge-off Asset Sales process
• Primary liaison between Credit One and our current or potential debt buyers
• Perform due diligence on prospective new debt buyers
• Responsible point of contact for the coordination of portfolio sales, bankruptcy servicing, and inventory management
• Primary point of contact working to ensure proper scrubs are performed for Sales
• Drive Recovery System Conversion as needed
• Responsible for setting the Recovery budget and managing within targets
• Will present to executives as often as monthly, including creating the agenda and tracking minutes.
• Responsible for effective communication with senior management on all facets of the Asset Sale process and post-charge-off strategy and performance.
• Responsible for strategy implementation to improve technology and drive business results
• Will manage Managers, who each have several direct reports to drive day to day operations.
• Strong process mindset to create structure and set clear direction and expectations.
• Be able to assess, automate, and simplify with little direction.
• Demonstrates an ongoing comprehensive working knowledge of regulations governing the Collections industry.
• May be responsible for ensuring contracts are maintained and updated in a timely manner.
• Responsible for coordinating audits with debt buyers to protect reputational risk.
  
  

Position Requirements

• 5 years of Leadership Experience
• 3 years post-charge off Collections
• 3 years of Debt Buying, Debt Sales or Vendor experience
• 3 years of experience leading strategic initiatives
• Proficient with Microsoft 365 (Teams, SharePoint, Excel, Word, PowerPoint)
• Must demonstrate company core values of excellence, ownership, collaboration, and integrity
  
  

Credit One Bank, N.A. is a data-driven financial services company based in Las Vegas. Founded in 1984, Credit One Bank offers a spectrum of credit card products for people in all stages of financial life. Credit One Bank is an equal opportunity employer committed to diversity and inclusion and does not discriminate against any employee or applicant for employment because of age, race, religion, color, disability, sex, sexual orientation, or national origin. Reasonable accommodations can be made for those who require them, including access to job applications and workplace accommodations. Employment at Credit One Bank is based on mutual consent (also known as at-will). This means that employees and the Bank may terminate the employment relationship at any time, with or without cause and with or without notice. Please contact the recruiter for this position to learn more. Credit One Bank does not accept unsolicited resumes from agencies and is not responsible for related fees.