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Full-Time

Collections Specialist

Uplift

Posted on 6/13/2024

Upgrade

Upgrade

1,001-5,000 employees

Provides loans, credit cards, and rewards

Fintech
Consumer Goods

Compensation Overview

$22Hourly

Mid

Phoenix, AZ, USA

Conveniently located in the heart of Downtown Phoenix close to light rail and public transportation

Category
Financial Planning and Analysis (FP&A)
Risk Management
Finance & Banking
Required Skills
Communications
Requirements
  • Bachelor's or Associate's degree preferred
  • 2+ years experience in financial services; consumer delinquency and first party collections or customer service experience preferred
  • Working knowledge of FDCPA and FCRA experience
  • Strong ability to negotiate loan repayment plans
  • Experience with handling of payment processing
  • Proficient in Microsoft, Cloud based products and Google apps
  • Team player seeking a fast-paced and challenging environment
  • Desire to improve borrowers’ financial situation but ability to make tough decisions
  • Exceptional organizational skills and attention to detail
  • Aptitude for working independently while maintaining a team first mentality
  • Excellent written and verbal communication skills
Responsibilities
  • Engage with past due customers to resolve delinquency while maintaining a positive long-standing relationship with the customer
  • Review, monitor, and engage with a high volume of customers per day
  • Maintain accurate records of customer communication (i.e., promise to pay, payment arrangements)
  • Efficiently assess and recommend action to borrowers concerning loan issues
  • Make recommendations to management for loans needing additional attention
  • Identify opportunities for improving results and customer satisfaction
  • Contribute daily to training and development improvements
  • Maintain high-quality assurance results
  • Perform ad hoc duties as needed
  • Foster a positive work environment by bringing a positive outlook to our companies' enjoyable atmosphere

Upgrade offers personal loans, credit cards, and rewards checking accounts to help individuals manage their finances. Their personal loans allow borrowing up to $50,000 with fixed rates and no prepayment penalties, while the Upgrade Card provides cash back rewards on various spending categories. Unlike many competitors, Upgrade focuses on affordability and user-friendly features, making credit more accessible. The company's goal is to promote responsible financial behavior and support long-term financial health for its customers.

Company Stage

Series E

Total Funding

$357.2M

Headquarters

San Francisco, California

Founded

2016

Growth & Insights
Headcount

6 month growth

23%

1 year growth

32%

2 year growth

53%
Simplify Jobs

Simplify's Take

What believers are saying

  • Upgrade's rapid growth and expansion into new markets, such as auto loans and home improvement financing, indicate strong business momentum and opportunities for career advancement.
  • The launch of the Secured OneCard opens up new customer segments, providing a pathway for individuals with little or no credit history to build their credit responsibly.
  • The company's significant investment in new office space in Irvine, California, reflects its commitment to scaling operations and expanding its workforce.

What critics are saying

  • The crowded fintech market means Upgrade must continuously innovate to maintain its competitive edge and customer base.
  • Expansion into new product lines, such as auto loans, carries the risk of operational challenges and potential regulatory scrutiny.

What makes Upgrade unique

  • Upgrade offers a unique combination of personal loans, credit cards, and rewards checking accounts, providing a comprehensive suite of financial products that cater to various consumer needs.
  • Their focus on affordability and flexibility, such as no prepayment penalties on loans and competitive cash back rewards, sets them apart from traditional financial institutions.
  • The partnership with FairPlay to incorporate Fairness-as-a-Service solutions enhances their commitment to fair lending practices, distinguishing them in the fintech space.

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