Director, Servicing & Collections

Forbright Bank

Remote regions

US

Salary range

$159,000–$170,000/yr

Benefits

4w PTO

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Portfolio & Strategy Leadership:

  • Accountable for the performance of the loan portfolio across the full servicing lifecycle, with a focus on portfolio outcomes and cost efficiency.
  • Own strategy development and execution oversight across primary servicing, early and late-stage collections, and default recoveries.

Vendor & Operational Management:

  • Lead vendor strategy and governance, holding third-party servicers accountable to aggressive performance targets.
  • Develop comprehensive monitoring programs for oversight of process and vendor performance and manage related expenses.

Stakeholder Collaboration & Performance:

  • Partner with analytics to translate data into actionable strategies and independently challenge assumptions to drive strategy refinement.
  • Prepare and deliver portfolio performance reviews, articulating drivers of trends and improvement strategies, and collaborate with Capital Markets, legal, and compliance teams.

Team Supervision:

  • Supervise employees managing specialized vendors and processes within servicing and collections.
  • Maintain a top-performing team through development, coaching, and counseling of existing personnel or recruiting new staff as needed.

Forbright Bank

Forbright Bank is a nationwide full-service bank and commercial lender focused on providing personal banking services and creative financing solutions for depositors and middle market businesses. We are a dynamic, high-energy organization with a meaningful mission, offering a culture of collaboration, inclusion, flexibility, and recognition to our team members.

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