Full-Time

Collections Team Lead

Small Business, Hybrid

Confirmed live in the last 24 hours

Enova

Enova

1,001-5,000 employees

Online financial services and credit solutions

Fintech
Financial Services

Compensation Overview

$55k - $60kAnnually

+ Incentive Plans + Benefits Plans

Mid

No H1B Sponsorship

Denver, CO, USA

Hybrid role requires in-office presence from Tuesday to Thursday.

Category
Customer Success Management
Sales & Account Management
Requirements
  • 3 or more years of collections experience (B2B collections experience is a plus)
  • 1 or more years of leadership experience
  • Proficiency in Excel and a strong aptitude for working with diverse types of technology
  • Excellent interpersonal skills are necessary for effective collaboration with multiple internal teams and external partners
  • Comfort with a dynamic work environment and a demonstrated ability to adapt to change are crucial attributes
Responsibilities
  • Monitor metrics, performance criteria, policies and procedures to improve representative's productivity
  • Assist with one-on-one meetings, weekly meetings, and coaching sessions
  • Identify trends and recommend appropriate solutions to improve performance and promote engagement
  • Support employee engagement with use of reward and recognition tools
  • Collaborate with and help support teams to reach business growth
  • Perform additional functions as assigned by direct manager

Enova provides online financial services, focusing on accessible credit solutions for non-prime consumers and small businesses. Their platform uses machine learning to evaluate creditworthiness, allowing them to offer quick and reliable loans to individuals who may struggle to obtain financing from traditional banks. Enova differentiates itself by targeting underserved markets, addressing the needs of those who often face rejection from larger financial institutions. The company aims to empower hardworking individuals and businesses by providing trustworthy credit options. Additionally, Enova partners with traditional banks to enhance their lending capabilities, further expanding their reach and impact in the financial sector.

Company Stage

IPO

Total Funding

$400M

Headquarters

Chicago, Illinois

Founded

2004

Growth & Insights
Headcount

6 month growth

1%

1 year growth

4%

2 year growth

21%
Simplify Jobs

Simplify's Take

What believers are saying

  • Enova's record lending volume and solid credit performance indicate strong market demand and effective risk management.
  • The company's consistent revenue growth and profitability, as evidenced by a 26% increase in total revenue in Q1 2024, highlight its robust financial health.
  • Recognition as one of Computerworld's Best Places to Work in IT for 11 consecutive years underscores a positive and supportive work environment.

What critics are saying

  • Rising charge-offs, although still below pre-pandemic levels, could indicate potential future credit risk issues.
  • Dependence on machine learning models for credit risk management may pose challenges if these models fail to adapt to changing market conditions.

What makes Enova unique

  • Enova leverages a machine learning-powered platform to offer accessible credit solutions specifically to non-prime consumers and small businesses, a niche often underserved by traditional banks.
  • Their collaboration with traditional banks to enhance credit offerings sets them apart from other fintech companies that operate independently.
  • Enova's diversified income stream from personal loans, small business loans, and lines of credit ensures financial stability and resilience.

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Benefits

Advance your career - We have a dedicated training team focused on giving you the tools you need to succeed within your department, within the company and in your career. The focus starts day one with a robust onboarding program and continues throughout your career at Enova.

See the benefits - Full-time employees receive medical, dental and vision benefits; matching 401(k); PTO; commuter benefits; flexible spending accounts for health care and dependent daycare; and more!

Be recognized - There’s plenty of room for both lateral and upward movement here at Enova. We’re always interested in promoting from within, and we keep a lookout for top talent who are ready to advance.

Get your perks - Full-time employees can receive tuition reimbursement, one-month paid sabbatical after four years, discounted massages, manicures and other perks.

Give back - We work throughout the year to partner with local charities and assist our neighbors in need. We also offer a charitable match program — allowing team members to double their impact when they donate money to charity.

Have fun - We like challenges here; maybe that’s why we have so many games, competitions and outings. There are a number of ways you can scratch your competitive itch and have fun!