Full-Time

Manager – Vendor

Confirmed live in the last 24 hours

Upgrade

Upgrade

1,001-5,000 employees

Provides loans, credit cards, and rewards

Fintech
Consumer Goods

Senior

Phoenix, AZ, USA

Category
Risk Management
Finance & Banking
Required Skills
Management
Requirements
  • 5+ years of management experience in collections for a consumer auto portfolio, credit card or installment loan portfolio with 2+ years experience managing collection or servicing agencies
  • Flexible mindset: as a start-up, we are growing quickly and you may need to adapt to changing policies and procedures while maintaining high-quality work output
  • Excellent time management and work prioritization skills while managing multiple projects
  • Capability of completing assigned tasks with careful attention to detail
  • Ability to thrive in a dynamic, fast-paced and changing environment with ease and with minimal supervision
  • Excellent verbal and written communication skills with the ability to work effectively with a wide range of people
  • Proven track record of meeting and exceeding production and quality expectations
  • Deep understanding of debt sale process and best practices
  • Problem solving and analytical skills
  • Extensive collections knowledge
  • Excellent knowledge of FDCPA/FCRA rules and standards.
Responsibilities
  • Day to day management of SLA and KPI performance of agency partners
  • Enhance and implement collections strategies for all stages of the collections cycle
  • Coordinate agency placements and develop effective controls
  • Provide regular performance reporting to senior management
  • Maintain policy and procedures, ensure accountability to established guidelines, establish new policy & procedures as business needs warrant
  • Maintain up-to-date expertise and knowledge of collection laws, rules, regulations, and developments
  • Conduct agency site visits for compliance and performance review

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. What makes Upgrade different is its focus on affordability and user-friendly features, attracting customers looking for flexible credit solutions. The company's goal is to promote responsible financial behavior and long-term financial health.

Company Stage

Series F

Total Funding

$532.1M

Headquarters

San Francisco, California

Founded

2016

Growth & Insights
Headcount

6 month growth

7%

1 year growth

32%

2 year growth

52%
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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