Collections Recovery Coordinator, Lendbuzz
$25 - $28 an hour
Car financing platform
Be an early applicant
Car financing platform
201-500 employees
Be an early applicant
$25 - $28 an hour
201-500 employees
Company mission
To help you build your credit and get your dream car with our excellent services.
Role
Who you are
- 2–4+ years of experience in auto finance, legal recovery, loss mitigation, paralegal support, or high-volume collections
- Direct background working with third-party legal vendors, outside counsel, or repossession agencies (Preferred)
- Strong communication skills to manage external legal partners, push for updates on pending litigation, and hold vendors accountable to timeline benchmarks
- Previous work in skip tracing and collections, preferably in the automotive industry
- Outstanding customer, communication and organizational skill
- High level of integrity
- Strong sense of teamwork yet able to work independently
What the job involves
- We are seeking a Legal Coordinator to join our team, responsible for preparing delinquent account files, liaising with legal vendors, and managing cases through the litigation process to recover outstanding payments or secure vehicle collateral
- Act as the liaison between Lendbuzz and our legal vendors
- Communicate with legal vendors, repossession vendors, and management in a timely and orderly fashion
- Manage legal file preparation and vendor coordination
- Maintain regular review of accounts that have been referred for repossession and legal actions against debtors
- Coordinate with and assist internal legal/compliance departments and help in escalated situations
- Perform various administrative functions
- Manage an account portfolio daily
- Establish reporting frameworks and evaluate key performance indicators
- Monitor and analyze core performance metrics
- Communicate with vendors to ensure accounts are worked properly and efficiently
Our take
On a mission to help individuals currently underserved by the traditional credit system, Lendbuzz is an automobile finance platform that uses machine learning and AI to help consumers with little to no credit history access financing when buying a car.
Research found that nearly two thirds of consumers want to improve their credit scores, likely because it’s deemed the only way to access loans and credit cards. Whilst banks and traditional lenders assess credit based on FICO scores, Lendbuzz finds new signals and other relevant data to assess a person’s credit worthiness.
$100 million in lending capital from Mitsubishi UFJ Financial Group is fuelling more warehouse capacity for Lendbuzz's loan origination growth. It has secured its substantial investment thanks to a prolonged period of high performance, having established a year-on-year loan originations growth of more than 100% per annum.
Freddie
Company Specialist at Welcome to the Jungle
Insights
33% employee growth in 12 months
Company
Funding (last 2 of 9 rounds)
Oct 2023
$45m
LATE VC
Aug 2022
$43.7m
LATE VC
Total funding: $366.1m
Company benefits
- Dental and Health Insurance
- Company Outings
- 401(k)
- Fitness Center
- Unlimited PTO
- Stocked Kitchen
- Company Issued Hardware
- Cool Swag
Company HQ
Financial District, Boston, MA
Leadership
Amitay Kalmar
(Co-Founder & CEO)Previously served as Vice President of Technology Investment Banking for Deutsche Bank, and Project Manager for IDF.
Dan Raviv
(Co-Founder & CTO)Previously worked in Research for both Massachusetts Institute of Technology (MIT) and Hewlett-Packard.
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