Operations Manager – Hybrid, Wilmington DE / Virginia Beach VA

Phillips & Cohen AssociatesWilmington, DE
Hybrid

About The Position

The Operations Manager serves as a key control function within the organization, providing guidance, compliance and performance management, and oversight of ongoing relationships with agency and law firm partners. This role focuses on maintaining positive, long-term partnerships while ensuring adherence to compliance and performance standards, contractual obligations, and industry best practices applicable to the third-party debt collection and receivables management industry.

Requirements

  • Minimum of 5 years of experience in receivables management, debt buying, or a related regulated financial services industry
  • Ability to foster professional relationships with external partners
  • Strong working knowledge of federal and state debt collection laws, permissible consumer contact strategies, regulatory requirements, and industry best practices
  • Experience supporting third party recovery processes, including multichannel communication strategies and oversight.
  • Strong analytical and communication skills with a high level of attention to detail
  • Proven ability to build and maintain effective relationships with internal stakeholders and third-party vendors
  • Proactive, detail-oriented professional with a strong sense of personal accountability and risk awareness
  • Ability to travel to supplier locations throughout the U.S.
  • High school diploma required

Nice To Haves

  • bachelor’s degree preferred

Responsibilities

  • Ensure supplier performance aligns with defined performance standards and provides optimal consumer experience
  • Monitor and maintain supplier scorecards, including performance and quality control
  • Identify efficiency issues and initiate a collaborative approach to achieve holistic solutions
  • Actively engage with partners to maximize financial returns and anticipate opportunities for operational improvements
  • Lead and participate in supplier production and compliance review calls to address performance, remediation efforts, and regulatory expectations
  • Maintain a working knowledge of performance standards and contractual obligations to mitigate risk and ensure strong relationships with sellers, suppliers, and recovery
  • Coordinate with leadership on performance updates and vendor management
  • Maintain a working knowledge of federal, state, and local regulatory standards.
  • Assist in conducting comprehensive supplier compliance audits to assess adherence to federal, state, and local laws, regulations, and Invenio contractual and compliance standards
  • Assist in fulfilling seller and regulatory audit deliverables, including coordination with internal teams, external counsel, and third-party vendors to obtain required documentation and data within mandated timeframes
  • Track, manage, and maintain licensing requirements across jurisdictions, including monitoring license status, and renewals.
  • Support policy and procedure implementation, including drafting, maintaining, updating internal documents and monitoring adherence to compliance-related policies
  • Manage the intake, investigation, documentation, and resolution of consumer complaints, ensuring compliance with applicable regulatory response requirements and timelines
  • Track, trend, and analyze complaint data to identify systemic issues, regulatory risk exposure, and opportunities for corrective action
  • Analyze KPI, legal performance, and compliance reporting data and compile findings into concise, actionable summaries for management and review
  • Perform inventory reconciliation reviews and remediation to resolve discrepancies and mitigate legal and operational risk
  • Provide timely responses to legal, regulatory, and operational inquiries via phone and email within established service-level expectations

Benefits

  • company-sponsored life and AD&D coverage
  • medical insurance
  • dental and vision insurance
  • 401(k) retirement plan with company match
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