Job Responsibilities:
- Drive collections performance across vendors in early and late-stage delinquency and post-charge-off recoveries.
- Monitor trends, risks, and opportunities, contributing to strategy refinement based on data insights.
- Support forecasting and performance tracking for collections and recovery channels.
Vendor Management:
- Oversee day-to-day performance of third-party subservicers and collection agencies.
- Lead recurring performance reviews and operational meetings with vendors.
- Escalate and resolve complex operational or borrower issues in partnership with vendors.
Performance Improvement:
- Partner with internal analytics teams to translate data into actionable insights and operational improvements.
- Ensure processes align with internal policies and regulatory requirements by working with Legal and Compliance.
- Prepare and deliver regular performance reporting, articulating trends, drivers, and actions.
Forbright
Forbright Bank is a nationwide full-service bank and commercial lender focused on helping to build a brighter future for clients and communities. The company is a dynamic, high-energy organization with a meaningful mission, offering a collaborative and inclusive culture.