Credit and Collections Director jobs in Paramus, NJ

Credit and Collections Director leads the overall credit function. Designs and implements processes to improve cash flow and reduce receivables. Being a Credit and Collections Director develops policies regarding the investigation of customers, extension of credit lines, and collections. Consults with current and future clients regarding their level of credit. Additionally, Credit and Collections Director oversees the negotiation and course of action taken for overdue accounts. Typically requires a bachelor's degree. Typically reports to top management. The Credit and Collections Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. To be a Credit and Collections Director typically requires 5+ years of managerial experience. (Copyright 2024 Salary.com)

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Outbound Collections Director
  • MCI Careers
  • Mahwah, NJ OTHER
  • LOCATION

    Cape Town, ZA

    JOB TYPE

    Full-Time

    POSITION OVERVIEW

    Job Title:  Outbound Collections Director

    Job Type: Full-time, Permanent

    Location: Onsite, Cape Town (US hours)  

     

    About Us:

    MCI is a leading Business Process Outsourcing (BPO) company that specializes in delivering tailored solutions to meet the diverse needs of our clients. With a commitment to excellence and a focus on innovation, we have established ourselves as a trusted partner in the industry. 

     

    Position Overview:

     

    We are seeking a dynamic and experienced Outbound Collections Director to join our team and lead our outbound collections efforts. As the Outbound Collections Director, you will play a key role in shaping and executing our collections strategy, driving performance, and achieving financial objectives. If you are a results-driven leader with a proven track record of success in collections management, strategic planning, and team development, we invite you to apply and be part of our growing organization.

     

    To be considered for this role, you must complete a full application on our company careers page, including all screening questions and a brief pre-employment test.

     

    POSITION RESPONSIBILITIES

    Key Responsibilities:

    • Develop and implement strategic initiatives to optimize outbound collections performance, maximize recovery rates, and minimize delinquency.
    • Lead and oversee all aspects of outbound collections operations, including strategy development, process improvement, and performance management.
    • Establish collection goals, targets, and key performance indicators (KPIs) in alignment with organizational objectives, and ensure team members are equipped to meet or exceed these goals.
    • Provide leadership, direction, and guidance to the collections team, including managers, supervisors, and agents, to ensure adherence to policies, procedures, and best practices.
    • Analyze collection data, metrics, and trends to identify areas for improvement, develop actionable insights, and implement strategies to enhance collections efficiency and effectiveness.
    • Collaborate with internal stakeholders such as finance, operations, and legal departments to address complex collection issues, resolve disputes, and ensure compliance with regulatory requirements.
    • Foster a culture of continuous improvement, innovation, and accountability within the collections team, encouraging creativity, initiative, and professional development.
    • Develop and maintain relationships with external partners, vendors, and industry contacts to stay abreast of industry trends, best practices, and emerging technologies in collections management.
    • Prepare and present regular reports, performance updates, and strategic recommendations to senior management and stakeholders, highlighting achievements, challenges, and opportunities.
    • Stay updated on relevant regulations, laws, and compliance requirements governing debt collection practices, and ensure the collections team is trained and compliant.

    CANDIDATE QUALIFICATIONS

    WONDER IF YOU ARE A GOOD FIT FOR THIS POSITION?

    All positive, and driven applicants are encouraged to apply. The Ideal candidates for this position are highly motivated, dedicated and should possess the below qualities:

    • Bachelor's degree in business administration, finance, or a related field; master's degree or relevant certifications preferred.
    • Proven experience in debt collection, call center operations, or financial services management, with a minimum of 6-10 years in a senior leadership role.
    • Strong leadership, strategic planning, and decision-making skills, with the ability to inspire, motivate, and empower teams to achieve results and exceed performance targets.
    • Proven track record of success in driving collections performance, achieving targets, and managing a high-performing collections team.
    • Thorough understanding of debt collection laws, regulations, and compliance requirements, with a commitment to ethical conduct, integrity, and professionalism.
    • Excellent analytical and problem-solving skills, with the ability to analyze data, identify trends, and make data-driven decisions to improve performance and mitigate risks.
    • Effective communication and interpersonal skills, with the ability to interact with diverse stakeholders, build relationships, and influence outcomes.
    • Experience in implementing and leveraging collection management software, CRM systems, and other relevant tools to streamline operations and improve efficiency.
    • Strong project management skills, with the ability to plan, organize, and execute initiatives on time and within budget.
    • Demonstrated ability to thrive in a fast-paced, dynamic environment, prioritize competing demands, and adapt to changing business needs and priorities.
    • High level of integrity, professionalism, and ethical conduct in dealing with sensitive customer information and financial matters.

    CONDITIONS OF EMPLOYMENT

    • Must be authorized to work in the country where the job is based.
    • Must be willing to submit up to a LEVEL II background and/or security investigation with a fingerprint.  Job offers are contingent on background/security investigation results.
    • Must be willing to submit to drug screening.  Job offers are contingent on drug screening results.

    COMPENSATION DETAILS

    WANT AN EMPLOYER THAT VALUES YOUR CONTRIBUTION? 

    We offer competitive compensation packages, professional development opportunities, and a collaborative work environment that values diversity and inclusion.

    PHYSICAL REQUIREMENTS

    This job operates in a professional office environment. While performing the duties of this job, the employee will be largely sedentary and will be required to sit/stand for long periods while using a computer and telephone headset. The employee will be regularly required to operate a computer and other office equipment, including a phone, copier, and printer. The employee may occasionally be required to move about the office to accomplish tasks; reach in any direction; raise or lower objects, move objects from place to place, hold onto objects, and move or exert force up to forty (40) pounds.

    REASONABLE ACCOMMODATION

    It is the policy of MCI and affiliates to provide reasonable accommodation when requested by a qualified applicant or employee with a disability unless such accommodation would cause undue hardship. The policy regarding requests for reasonable accommodation applies to all aspects of employment. If reasonable accommodation is needed, of Human Resources.

    DIVERSITY AND EQUALITY

    At MCI and its subsidiaries, we embrace differences and believe diversity is a benefit to our employees, our company, our customers, and our community.  All aspects of employment at MCI are based solely on a person's merit and qualifications.  MCI maintains a work environment free from discrimination, one where employees are treated with dignity and respect. All employees share in the responsibility for fulfilling MCI's commitment to a diverse and equal opportunity work environment.

     

    MCI does not discriminate against any employee or applicant on the basis of age, ancestry, color, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable laws, regulations, and ordinances.  MCI will consider for employment qualified applicants with criminal histories in a manner consistent with local and federal requirements.

     

    MCI will not tolerate discrimination or harassment based on any of these characteristics.  We adhere to these principles in all aspects of employment, including recruitment, hiring, training, compensation, promotion, benefits, social and recreational programs, and discipline. In addition, it is the policy of MCI to provide reasonable accommodation to qualified employees who have protected disabilities to the extent required by applicable laws, regulations, and ordinances where an employee works.

    ABOUT MCI (PARENT COMPANY)

    MCI (www.mci.world) helps customers take on their CX and DX challenges differently, creating industry-leading solutions that deliver exceptional experiences and drive optimal performance. MCI assists companies with business process outsourcing, staff augmentation, call center services, customer services, and IT Services needs by providing general and specialized hosting, software, staff, and services.

     

    In 2019 Marlowe Companies Inc. (MCI) was named by Inc. Magazine as Iowa’s Fastest Growing Company in the State of Iowa and was named the 452nd Fastest Growing Privately Company in the USA, making the coveted top 500 for the first time. MCI’s subsidiaries had previously made Inc. Magazine's List of Fastest-Growing Companies 15 times respectively. MCI has fifteen business process outsourcing service delivery facilities in Iowa, Georgia, Florida, Texas, Massachusetts, New Hampshire, South Dakota, New Mexico, California, Kansas, and Nova Scotia. 

     

    Driving modernization through digitalization, MCI ensures clients do more for less. MCI is the holding company for a diverse lineup of tech-enabled business services operating companies. MCI organically grows, acquires, and operates companies that have a synergistic products and services portfolios, including but not limited to Automated Contact Center Solutions (ACCS), customer contact management, IT Services (IT Schedule 70), and Temporary and Administrative Professional Staffing (TAPS Schedule 736), Business Process Management (BPM), Business Process Outsourcing (BPO), Claims Processing, Collections, Customer Experience Provider (CXP), Customer Service, Digital Experience Provider (DXP), Account Receivables Management (ARM), Application Software Development, Managed Services, and Technology Services, to mid-market, Federal & enterprise partners. MCI now employs 10,000 talented individuals with 150 diverse North American client partners across the following MCI brands: GravisApps, Mass Markets, MCI Federal Services (MFS), The Sydney Call Center, OnBrand24, and Valor Intelligent Processing (VIP).

    DISCLAIMER

    MCI (www.mci.world) helps customers take on their CX and DX challenges differently, creating industry-leading solutions that deliver exceptional experiences and drive optimal performance. MCI assists companies with business process outsourcing, staff augmentation, call center services, customer services, and IT Services needs by providing general and specialized hosting, software, staff, and services.

     

    In 2019 Marlowe Companies Inc. (MCI) was named by Inc. Magazine as Iowa’s Fastest Growing Company in the State of Iowa and was named the 452nd Fastest Growing Privately Company in the USA, making the coveted top 500 for the first time. MCI’s subsidiaries had previously made Inc. Magazine's List of Fastest-Growing Companies 15 times respectively. MCI has fifteen business process outsourcing service delivery facilities in Iowa, Georgia, Florida, Texas, Massachusetts, New Hampshire, South Dakota, New Mexico, California, Kansas, and Nova Scotia. 

     

    Driving modernization through digitalization, MCI ensures clients do more for less. MCI is the holding company for a diverse lineup of tech-enabled business services operating companies. MCI organically grows, acquires, and operates companies that have a synergistic products and services portfolios, including but not limited to Automated Contact Center Solutions (ACCS), customer contact management, IT Services (IT Schedule 70), and Temporary and Administrative Professional Staffing (TAPS Schedule 736), Business Process Management (BPM), Business Process Outsourcing (BPO), Claims Processing, Collections, Customer Experience Provider (CXP), Customer Service, Digital Experience Provider (DXP), Account Receivables Management (ARM), Application Software Development, Managed Services, and Technology Services, to mid-market, Federal & enterprise partners. MCI now employs 10,000 talented individuals with 150 diverse North American client partners across the following MCI brands: GravisApps, Mass Markets, MCI Federal Services (MFS), The Sydney Call Center, OnBrand24, and Valor Intelligent Processing (VIP).

  • 28 Days Ago

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Talent Pool - Call Center Collections Director
  • MCI Careers
  • Mahwah, NJ OTHER
  • LOCATIONCape Town, ZA JOB TYPEFull-Time POSITION OVERVIEW Job Title: Talent Pool - Call Center Collections Director Job Type: Full-time, Permanent Location: Cape Town About Us: MCI is a leading Busine...
  • 12 Days Ago

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Collections Specialist
  • DASMEN Residential
  • Ramsey, NJ FULL_TIME
  • DASMEN Residential is seeking an organized and detail-oriented Collections Specialist to be based out of the Ramsey, NJ headquarters. The ideal candidate for this role will have experience in collecti...
  • 11 Days Ago

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Collections Specialist
  • Vibration Mountings and Controls Inc
  • Bloomingdale, NJ FULL_TIME
  • DescriptionWe are currently seeking ?an experienced Accounts Receivable Collections Specialist to join our team! You will be responsible for collecting payments from customers, negotiating, and mainta...
  • 13 Days Ago

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Collections Specialist
  • Polaris Healthcare
  • Spring, NY FULL_TIME
  • Seeking a full time collections specialist for a busy healthcare company. Looking for the following Knowledgeable in: SSA SSI SSP Medicaid/Medicare/MSP Excellent phone and email etiquettes Persistent ...
  • 1 Month Ago

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Collections Agent
  • Radius Global Solutions
  • Ramsey, NJ FULL_TIME
  • Radius Global Solutions LLC is currently hiring a 1st Party Debt Collector to join our Ramsey, NJ team. The First Party Collections Agent will initiate the appropriate action to collect past due balan...
  • 24 Days Ago

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0 Credit and Collections Director jobs found in Paramus, NJ area

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Customer service representative
  • Dezeen
  • New York, NY
  • **Share this** Resident is recruiting a customer service representative to join its team in New York. The role will prim...
  • 4/19/2024 12:00:00 AM

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Director: Children's Program Services
  • Coordinated Behavioral Care Inc
  • New York, NY
  • Job Description Job Description JOB SUMMARY Under the supervision of the Senior Director, Health Home and under the guid...
  • 4/18/2024 12:00:00 AM

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Contact Center Representative - Bellevue (Clerical Associate Level IV), Call Center
  • NYC Health + Hospitals
  • New York, NY
  • About NYC Health + Hospitals: Empower Every New Yorker — Without Exception — to Live the Healthiest Life Possible NYC He...
  • 4/17/2024 12:00:00 AM

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Contact Center Escalation Specialist (Assistant Coordinating Manager), Call Center *Multiple Positions*
  • NYC Health + Hospitals
  • New York, NY
  • About NYC Health + Hospitals: Empower Every New Yorker — Without Exception — to Live the Healthiest Life Possible NYC He...
  • 4/17/2024 12:00:00 AM

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Customer Experience Manager
  • Dwell, LLC
  • New York, NY
  • **Customer Experience Manager** * New York, NY - Remote OK * Full-Time * Marketing * Customer Experience Manager For mor...
  • 4/17/2024 12:00:00 AM

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Customer service representative at Resident
  • Dezeen
  • New York, NY
  • **Share this** Resident is recruiting a customer service representative to join its team in New York. The role will prim...
  • 4/17/2024 12:00:00 AM

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Client Partner
  • Globant
  • New York, NY
  • At Globant, we dream and build Digital Journeys that matter to millions of users. We do that by leveraging engineering, ...
  • 4/16/2024 12:00:00 AM

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Site Medical Director, Correctional Health Services
  • NYC Health + Hospitals/Correctional Health Services
  • New York, NY
  • About NYC Health + Hospitals NYC Health + Hospitals is the largest public health care system in the nation. We are a net...
  • 4/15/2024 12:00:00 AM

Paramus (/pəˈræməs/ pə-RAM-əs) is a borough in Bergen County, New Jersey, United States. As of the 2010 United States Census, the borough's population was 26,342.. A suburb of New York City, Paramus is located 15 to 20 miles (24 to 32 km) northwest of Midtown Manhattan and approximately 8 miles (13 km) west of Upper Manhattan. The Wall Street Journal characterized Paramus as "quintessentially suburban".[21] Paramus was incorporated as a borough by an act of the New Jersey Legislature on March 2, 1922, and ratified by a referendum held on April 4, 1922, that passed by a vote of 238 to 10.[22][2...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Credit and Collections Director jobs
$171,457 to $246,408
Paramus, New Jersey area prices
were up 1.5% from a year ago

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February 11, 2020
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If you're looking at jobs in credit and collections, you might want to know that opportunities range from entry level to senior management at all kinds of companies and industries.
January 13, 2020