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Manager, Debt Purchasing and Abolishment

Medical Debt Resolution dba RIP Medical Debt


New
|
Published 27 days ago

November 2, 2020
September 30, 2020
$80,000 - $100,000

The Manager of Debt Purchasing and Abolishment is responsible for managing RIP Medical Debt’s debt purchasing and abolishment process. In order to promote the continuous improvement of the process, the position will combine the roles of a purchasing manager with those of a business process analyst experienced in total quality management and software development disciplines. 

Supervisory Duties

This position is classified as a staff lead. While such a role is not a supervisor in the administrative sense, the person holding this position should have substantial skills and experience in the following supervisory areas:

  • Leading cross-functional project teams
  • Mentoring junior staff to improve their technical, project management, and communication skills 

Essential Duties and Responsibilities

Debt Purchasing and Abolishment

  • Lead cross-departmental teams in managing the debt portfolio purchasing and abolishment process
  • Work with members of the Debt Operations department to identify and qualify suppliers of debt portfolios
  • Work with members of the Development department to identify, qualify, and acquire debt portfolios that comply with donor requirements
  • Work with members of the Accounting department to define and provide information required for management reporting and internal control purposes
  • Work with members of the Information Systems department to design and develop systems used in the debt purchasing and abolishment process
  • Perform qualification tests to verify that debt portfolios purchased conform to donor requirements and RIP Medical Debt’s tax exempt purpose
  • Develop policies, procedures and analysis to support effective negotiation of the most favorable pricing possible for purchased debt portfolios
  • Engage and support third-party appraisal firms to establish the fair market value of donated debt portfolios
  • Manage third-party mailing service vendors to ensure the cost-effective and timely issuance of letters to debtors apprising them that their debt has been abolished
  • Prepare purchase requisitions for the purchase of debt portfolios and draft the related purchase agreements
  • Negotiate with debt suppliers to obtain the most favorable pricing possible for purchased debt portfolios
  • Provide reports to the Development department showing the number of debtors helped, value of debt abolished, etc. to assist them in reporting back to donors about the results of debt abolishment campaigns

Business Process Analysis and Improvement

  • Define functional requirements for the debt purchasing and abolishment process
  • Assist members of the Information Systems department in defining technical specifications for systems used in the debt purchasing and abolishment process
  • Assist members of the Information Systems department in testing and rolling out new and improved systems to support the debt purchasing and abolishment process
  • Develop and implement procedures for collecting and reporting performance data for the debt purchasing and abolishment process
  • Develop and implement corrective action plans when deficiencies are identified in the debt purchasing and abolishment process
  • Stay current with emerging trends in business process improvement methods and information systems technology to support the continuous improvement of debt purchasing and abolishment processes

Other Duties and Responsibilities

  • Perform other tasks as may be assigned by management or supervisors from time to time
  • Adhere to the organization's conflict of interest and code of ethics policies

Required Work Experience

  • Minimum 5 years experience in corporate purchasing and/or business process analysis positions 

Required Skills

  • Strong oral and written communication skills
  • Strong team leadership skills.Knowledge of total quality management principles, such as ISO 9000, and related business process improvement disciplines
  • Knowledge of corporate purchasing or similar business processes
  • Knowledge of project management methodologies

Required Education

  • Bachelor degree in business or computer science related field, or suitable equivalent experience

Required Licenses & Certifications

  • Not applicable

Other Desirable Skills, Experience, Education, Licenses, Certifications, etc.

  • Experience in using SQL and Business Intelligence tools, such as Tableau
  • Experience in the debt purchasing industry
  • Experience in working with software development teams 

Required Training

  • Standard orientation training
  • HIPAA compliance training 

The Manager of Debt Purchasing and Abolishment is responsible for managing RIP Medical Debt’s debt purchasing and abolishment process. In order to promote the continuous improvement of the process, the position will combine the roles of a…

Details at a glance

  • On-site Location
  • Full Time Schedule
  • 4-Year Degree Required
  • Managerial

Benefits

  • Medical / Health & Vision
  • Paid Holidays / Vacation
  • 401(k)
  • Life Insurance/Disability
  • Paid Sick Leave
  • Medical / Health & Vision
  • Paid Holidays / Vacation
  • 401(k)
  • Life Insurance/Disability
  • Paid Sick Leave

Location

New York, NY

How to Apply

Please email your cover letter and resume to apply@ripmedicaldebt.

Subject: Manager, Debt Purchasing & Abolishment - Application

Please email your cover letter and resume to apply@ripmedicaldebt.

Subject: Manager, Debt Purchasing & Abolishment - Application

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