Manager, Collections & Recovery – Overdraft & Small Business Loans

Work Location:

United States of America

Hours:

40

Pay Details:

$86,840 – $130,000 USD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. The included salary range for this role takes into account multiple factors that are considered in making compensation decisions. The base pay actually offered may vary based upon candidates skills and experience, job-related knowledge, licensure and certifications, geographic location, and other specific business and organizational needs. As TD puts career development at the forefront of our colleague experience, it is not typical for an individual to be hired at or near the top of the range for their role.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Line of Business:

Personal & Commercial Banking

Job Description:

The Manager, Collections & Recovery manages or oversees one or more business unit or section of the Collection or Recovery Department.

This role manages call center inbound and outbound agents, collecting on delinquent accounts for checking, savings and consumer loans, to mitigate loss to the bank. Additional responsibilities include develop, engage and assist on strategy call efforts, identify trends, and overall development of new hire classes.

Remote

Schedule: Monday-Friday 8:00am-5:00pm EST

Candidate should be within a commutable driving distance of Greenville SC, Falmouth ME, Jacksonville FL or Phoenix AZ to attend any in-person office meetings.

Depth & Scope:

Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all disciplinary actions, as required

Oversees activities of multiple functions and/or teams within collections to the development of strategic plans for areas of responsibility; Provides leadership and corporate vision for areas of responsibility

Provides leadership in the absence of the department manager or may represent the interests of the department in committees, presentations, etc.

Prepares regular and customized in-depth reports and information summarizing various aspects of unit(s) activities; Interprets important aspects of reports for management

Participates in development and management of department budget, including managing collections or recovery activities in own area to an assigned charge off budget goal

Contributes to development of unit policies and procedures in coordination with department management; ensures adherence to policies, procedures, standards and guidelines; Coordinates unit compliance with overall department guidelines as well as regulatory agencies

Responsible for the management of department data processing, telephone and other systems; Monitors performance of systems and communicates feedback to department management and directly to vendors as appropriate

Audits staff work to ensure that day-to-day policies and procedures are followed, and productivity levels are maintained; Coordinates with internal and external auditors, providing information and incorporating recommended changes as needed

Education & Experience:

4 Year Degree or equivalent experience

5 Years of related experience

Strong understanding of consumer collections or recovery practices.

Detailed knowledge of Company products/services and offerings.

Supervisory experience required.

Organizational ability.

Problem solving skills.

Advanced communication skills, both verbal and written.

Experience with related systems.

Strong PC skills.

Green Belt Certification preferred

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.

Who We Are:

TD is one of the worlds leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we deliver legendary customer experiences to over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.

TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you’ve got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we’re here to support you towards your goals. As an organization, we keep growing – and so will you.

Our Total Rewards Package

Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical and mental well-being goals. Total Rewards at TD includes base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition. Learn more (http://hrportal.ehr.com/tdtotalrewards)

Additional Information:

We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.

Colleague Development

If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.

Training & Onboarding

We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

Interview Process

We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation

If you are an applicant with a disability and need accommodations to complete the application process, email the TD Bank US Workplace Accommodations Program at USWAPTDO@td.com . Include your full name, best way to reach you, and the accommodation needed to assist you with the application process.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Federal law prohibits job discrimination based on race, color, sex, sexual orientation, gender identity, national origin, religion, age, equal pay, disability and genetic information.