Two Chicks With A Side Hustle

bout Upstart

Upstart is a leading AI lending marketplace partnering with banks and credit unions to expand access to affordable credit. By leveraging Upstart’s AI marketplace, Upstart-powered banks and credit unions can have higher approval rates and lower loss rates across races, ages, and genders, while simultaneously delivering the exceptional digital-first lending experience their customers demand. More than two-thirds of Upstart loans are approved instantly and are fully automated.

Upstart is a digital-first company, which means that most Upstarters live and work anywhere in the United States. However, we also have offices in San Mateo, California; Columbus, Ohio; and Austin, Texas.

Most Upstarters join us because they connect with our mission of enabling access to effortless credit based on true risk. If you are energized by the impact you can make at Upstart, we’d love to hear from you!

The Team

Upstart’s Recovery team is seeking a candidate to join the team as an Associate Operations Manager, Recovery to manage Upstarts Recovery vendors including Legal Recoveries, Third Party Agencies, DSC Servicing vendors, among other vendors as we grow our Recovery program. As an Associate Operations Manager, Recovery you will be responsible for analyzing and managing vendor performance to maximize recovery. You will oversee a team of contributors to ensure seamless execution of daily tasks which transfer data to and from Upstart’s Recovery vendors.

An Associate Operations Manager, Recovery at Upstart will be able to think strategically and analytically, is solutions-oriented, and likes to improve processes and workflows. He/She is self-motivated, a great planner, exercises excellent judgment and handles challenges with positivity and grit. The candidate should also be able to communicate effectively and establish key relationships with Upstart’s vendors and internal teams.

Position Location – This role is available in the following locations: Remote

Time Zone Requirements – This team operates on the East/West Coast time zones. 

Travel Requirements – As a digital first company, the majority of your work can be accomplished remotely. The majority of our employees can live and work anywhere in the U.S but are encouraged to to still spend high quality time in-person collaborating via regular onsites. The in-person sessions’ cadence varies depending on the team and role; most teams meet once or twice per quarter for 2-4 consecutive days at a time.

How you’ll make an impact:

  • Track and analyze vendor performance, address any concerns. 
  • Manage company relations with vendors (legal vendors, agencies, etc.) by delivering timely, accurate and professional operational support to all vendors.
  • Ensure that day to day work is handled accurately and in a timely manner on both sides.
  • Work closely with the Operations Manager to set SLA and performance standards for vendors and ensure these expectations are met.
  • Manage compliance risks, drive any process issues/ risk to a successful resolution. 
  • Identify possible areas of process improvements, propose thoughtful solutions and individually or by partnering with other stakeholders across Upstart implement proposed improvements.

What we’re looking for: 

  • Minimum qualifications:
    • 3+ years of experience managing or working closely with vendors in the collections and recovery space.
    • Consistently meeting or exceeding targets across the skills matrix and demonstrating strong performance in core work (quality, productivity,etc.).
    • Has experience and a deep understanding of how to apply policies, processes, and procedures to the operations team’s day-to-day work and identify necessary changes to help align with the department’s vision and voice.
    • Demonstrate ability to work independently and meet deadlines with limited supervision, and balance working fast with a high degree of accuracy and detail.
    • Strong communicator experienced in cross-functional collaboration within team environments, adept at representing operational processes and procedures to team members and leaders.
    • Strong analytical aptitude with keen attention to detail.
  • Preferred qualifications:
    • 3 – 5+ years of experience in an operations role at a financial institution.
    • 12+ months experience as a people manager leading an operations team at a financial institution.
    • Direct knowledge of MPL (Marketplace Loan) industry.
    • Knowledge of consumer lending products and the fintech landscape.
    • Strong knowledge of key financial services regulatory requirements such as FDCPA, UDAAP, TILA, GLBA, TCPA, SCRA, etc.
    • BA/BS degree in business, finance, economics, or other analytical areas of study.

What you’ll love: 

  • Competitive Compensation (base + bonus & equity)
  • Comprehensive medical, dental, and vision coverage with Health Savings Account contributions from Upstart 
  • 401(k) with 100% company match up to $4,500 and immediate vesting and after-tax savings
  • Employee Stock Purchase Plan (ESPP)
  • Life and disability insurance
  • Generous holiday, vacation, sick and safety leave  
  • Supportive parental, family care, and military leave programs
  • Annual wellness, technology & ergonomic reimbursement programs
  • Social activities including team events and onsites, all-company updates, employee resource groups (ERGs), and other interest groups such as book clubs, fitness, investing, and volunteering
  • Catered lunches + snacks & drinks when working in offices

#LI-REMOTE

#LI-Associate 

This is a Non-Exempt position. Employees in this position are paid an hourly pay rate, on a bi-weekly basis, and are eligible to receive overtime pay for any hours worked over 40 in a work week, or over 8 in a work day if required by state law. 

At Upstart, your base pay is one part of your total compensation package. The anticipated annualized base salary for this position is expected to be within the below range. Your actual base pay will depend on your geographic location–with our “digital first” philosophy, Upstart uses compensation regions that vary depending on location. Individual pay is also determined by job-related skills, experience, and relevant education or training. Your recruiter can share more about the specific salary range for your preferred location during the hiring process.

In addition, Upstart provides employees with target bonuses, equity compensation, and generous benefits packages (including medical, dental, vision, and 401k). 

United States | Remote – Anticipated Annualized Base Salary Range

$57,100—$79,000 USD

Upstart is a proud Equal Opportunity Employer. We are dedicated to ensuring that underrepresented classes receive better access to affordable credit, and are just as committed to embracing diversity and inclusion in our hiring practices. We celebrate all cultures, backgrounds, perspectives, and experiences, and know that we can only become better together. 

If you require reasonable accommodation in completing an application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please email [email protected]

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