Strategic Collections Leadership Position

3 weeks ago


Old Toronto, Canada Momentum Financial Services Group Full time

Momentum Financial Services Group, a leading provider of financial services in North America, is seeking a dynamic and experienced Vice President to lead our collections strategy and operational efforts across the region. With over 400 locations, we provide access to cash and related products to help our customers achieve their goals.

Key Responsibilities
  • Develop and implement a comprehensive collections vision to optimize recovery outcomes while minimizing credit losses for personal unsecured loans extended to high-risk borrowers.
  • Lead a high-performing collections team, providing strategic direction, coaching, and mentorship to achieve departmental goals and objectives.
  • Oversee the design and implementation of predictive analytics models, segmentation strategies, and decision frameworks to prioritize and allocate resources effectively across the collections portfolio.
  • Collaborate with internal stakeholders, including credit underwriting, legal, retail, and operations teams, to identify opportunities for process improvements and efficiencies in the collections lifecycle.

The ideal candidate will have at least 10 years of progressive experience in collections management within the financial services industry, with a strong understanding of collections strategies, methodologies, and best practices. A Bachelor's degree in finance, business administration, or a related field is required.

A salary range of $120,000 - $160,000 per year is expected for this position, depending on experience and qualifications. The successful candidate will be based in North America and will report directly to the Chief Risk Officer.



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