Full-Time

Director – Merchant Support

Confirmed live in the last 24 hours

Upgrade

Upgrade

1,001-5,000 employees

Provides loans, credit cards, and rewards

Fintech
Consumer Goods

Senior, Expert

Phoenix, AZ, USA

This is an in-office role in our Phoenix office.

Category
Supply Chain Management
Operations & Logistics
Requirements
  • Bachelor's degree in finance, business administration, or related field. Master's degree preferred.
  • 5-10+ years of experience in operations management within the financial services industry, with a focus on merchant risk and/or support.
  • Experience working in a contact center point of sale lending merchants.
  • Home improvement loan experience preferred.
  • Excellent analytical and problem-solving skills.
  • Strong leadership and team management skills.
Responsibilities
  • Develop and implement servicing and merchant strategies.
  • Monitor and ensure key KPI’s are being met while working cross functionally to achieve goals.
  • Identify and implement strategic improvements in order to improve the customer and merchant experience.
  • Collaborate with internal teams to ensure compliance with regulatory requirements and best practices.
  • Ensure consumer and merchant applications are actioned appropriately with a balance between speed and accuracy. Then providing feedback to improve the processes.
  • Lead a team of professionals to achieve departmental goals and objectives.
  • Synthesizing data such as dispute metrics, credit metrics, and overall feedback to make effective recommendations. These recommendations will stretch across sales, underwriting, disputes, broader servicing channels as well as risk, compliance and legal teams.
  • Stay current on industry trends and best practices related to Merchant Support and general Operational management.

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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