Collection Manager
5 months ago
**About Flip**
Rafi, Luqman, and Anjar, who were college friends in Universitas Indonesia, started Flip as a project in 2015 to transfer payments to each other at a fraction of what banks would charge them. They are pioneers in the Indonesian market, with their technology now helping millions of Indonesians, both individuals and businesses, carry out bank-to-bank money transfers through a reliable and seamless app.
After seven years of operations, Flip has helped Indonesians transfer money worth several trillions of rupiah and has received double-digit funding from respectable investors such as Sequoia India, Insight Partner, and Insignia. Flip’s ultimate mission is to give Indonesians access to one of the most progressive and fairest financial services in the world.
At Flip, we always strive to provide the fairest place for you to work, learn, and grow with talented and fun people in various opportunities to advance your career and get fair rewards. We believe that we have to treat employees, customers, and all stakeholders fairly and respectfully. Fair treatment for employees means we establish clear goals, facilitate our employees to achieve them, and value their contribution to the company with equitable benefits.
**What You'll Do**:
- Manage the entire collection process for our BNPL (Buy Now Pay Later) product.
- Supervise both the in-house collection team and vendor collection processes.
- Track daily numbers and targets, ensuring better controllership and collection efficiency.
- Drive teams to meet targets while maintaining high motivation levels.
- Coordinate with legal resources and recovery teams to manage default issues.
- Oversee daily posting of payments to customer accounts.
- Facilitate successful internal and external audits through thorough documentation.
- Analyze portfolio and provide inputs to risk teams for the improvement of risk policy.
- Regularly review delays in closures and non-resolution cases, addressing customer service issues with the operations team.
- Engage with customers in case of escalations and keep track of payment disposition status through regular updates.
- Document interactions in the computer database and ensure information is up-to-date.
- Supervise the setup process of call centers and drive teams to achieve targets.
- Handle manual repayments
- Hire, train, and mentor new employees on collection methods, documentation requirements, and performance strategies.
- Review all expense reports for accuracy and proper expense disclosure.
- Design and create reporting mechanisms and presentations for leadership reviews.
- Implement incentive-driven programs to motivate collectors to achieve targets.
**What You'll Need**:
- Proven experience as a Collections Manager or similar role, with minimum of 7 years experience of collecting: BNPL / pay later / similar loan products. More diverse loan products experience will be an additional value.
- Proficient in data visualization and analytical skills.
- Knowledge of risk analysis and portfolio management.
- Familiarity with legal and recovery processes.
- Experience in managing call centers and motivating teams.
- Ability to handle escalations and resolve customer service issues.
- Proficiency in Microsoft Excel, PowerPoint, and account reconciliation.
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