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.