Job Openings Collections Manager

About the job Collections Manager

Position Overview:
Lead and manage a team of collections agents in a BPO setting to achieve performance targets, ensure operational excellence, and maintain high levels of customer satisfaction. Ideal candidate brings hands-on collections experience and strong leadership skills.

Key Responsibilities:

1. Team Leadership & Performance Management

  • Coach, mentor, and motivate a team of 10 to 15 collections agents to exceed KPIs (e.g., recovery rate, calls per hour, promise-to-pay).

  • Conduct daily/weekly huddles to review targets, monitor quality, and share best practices.

  • Perform call monitoring, scorecards, and feedback sessions to continuously improve agent skills.

2. Training & Development

  • Design and deliver training modules on collections strategies, compliance (e.g., FDCPA, local regulations), and effective negotiation.

  • Support new hires through onboarding, mentoring, and quality assurance.

3. Reporting & Analytics

  • Analyze team performance by reviewing metrics like aging buckets, DPO, success rate, and non-performing accounts.

  • Generate daily, weekly, and monthly reports for senior management, including actionable insights.

4. Process Optimization & Compliance

  • Identify bottlenecks in the collection workflow and recommend process enhancements.

  • Ensure strict adherence to regulatory and internal policy guidelines (data privacy, debt collection practices).

5. Customer & Stakeholder Engagement

  • Resolve escalated customer disputes efficiently and diplomatically.

  • Serve as liaison between clients and operational teams for performance reviews, feedback, and process updates.

6. Operational Excellence

  • Help plan and manage shift schedules, attendance, and resource allocation.

  • Support continuous improvement initiatives such as Kaizen or Six Sigma projects within collections operations.


Qualifications:

Education & Experience

  • Bachelors degree in Business, Finance, or related field preferred.

  • Minimum 35 years of experience in BPO collections.

  • At least 12 years in a leadership or supervisory role.

Skills

  • Strong leadership and team-building capabilities.

  • Excellent negotiation, communication, and interpersonal skills.

  • Analytical proficiency with Excel and familiarity with collections or CRM tools.

  • Solid understanding of debt collection regulations.

  • Ability to perform under pressure and manage escalations calmly.