Vice President, Collections
Hiring Company
About the Role
Greater Washington D.C. Area (Hybrid)
The Company is seeking a Vice President of Collections to lead collections operations across real estate and consumer lending. Responsibilities include setting collection strategies, overseeing account workouts and loss mitigation, managing department performance and budgets, and ensuring accurate reporting and effective internal controls. The role also leads staff development, vendor relationships, and the implementation of systems and process improvements. The successful candidate will ensure compliance with applicable regulations and policies, protect organizational assets, and provide analysis and recommendations to senior leadership. Candidates should have a bachelor’s degree in business administration, finance, or a related field, at least eight years of progressively responsible collections management experience, five years of supervisory or management experience, and three years of project formation and implementation experience. Familiarity with government-sponsored enterprise reporting and default management guidelines, strong analytical skills, and intermediate to advanced proficiency in Microsoft Office are required. The role also calls for excellent written and verbal communication, financial and operational analysis, project leadership, and the ability to manage vendor relationships and guide teams through change. Knowledge of lending, risk management, loss mitigation, and relevant regulatory requirements is important.
Functions:
- Operations
Compensation
USD $178,683-$223,354 (salary) per year
About the Company
Leading federal credit union
Industry
Financial Services
Type
Privately Held
Age
employees
501-1000