Senior Operations Manager overseeing credit reporting and dispute management functions at Octane, a financial technology company. Collaborating cross-functionally to ensure compliance and operational excellence.
Responsibilities
Responsible for Octane’s CDIA/Metro 2 reporting process including file creation, data quality, issue resolution, data source systems and troubleshooting data/file requirements
Considered a Subject Matter Expert in CDIA, Metro2, Fair Credit Reporting Act (FCRA)/Reg V, and other comparable laws and regulatory requirements.
Responsible for Credit Bureau Disputes Management as well as alignment to the Octane Complaints program ensuring a full lifecycle of data issue and credit bureau reporting are properly maintained
Own the policies, procedures, process flow, and all other elements that comprise Octane’s Metro 2 CDIA compliant credit reporting program
Lead and improve Octane’s credit reporting standards and practices, based on dispute trends, regulatory and CDIA update guidance, and regular process testing,
Own the creation, submission, and audit of Octane’s Metro2 Data Files to all four major CRAs, including data review and filtering/scrubbing of unneeded data before submission.
Lead root cause analysis to identify and correct errors in data furnishing processes prior to reporting including data integrity checks, error resolutions, and dispute management.
Continuously improve the Dispute process through testing, automation, efficiency gains, and training.
Coordinate with technical teams to manage system and process enhancements to ensure continued compliance with credit reporting requirements
Act as a resident expert in FCRA compliance and the various rules and requirements related to credit reporting and disputes.
Oversee key monthly BK Watch, and Deceased Scan, Repo and Debt Sale process outputs from the Collections and Asset Recovery teams as they become inputs to FCRA exception reporting.
Requirements
Bachelor’s Degree followed by a minimum of 7+ years of professional experience at a Consumer Lending centric organization; leading a FCRA/Metro 2 related function
5+ years in a supervisory or leadership role, managing Line of Business Process requirements for Monthly FCRA file transmission
Demonstrable experience working directly with FCRA Compliance and credit bureau disputes including enterprise level process management and oversight of related process outputs.
Experience working with consumer financial laws and regulations including but not limited to ECOA, TCPA, FCRA, TILA, UDAAP, FDCPA, etc.
Experience managing the eOscar dispute platform at an enterprise level
Strong understanding of the governing principles of consumer loan underwriting, servicing, and collections is preferred
Experience with the LoanPro platform is preferred
Experience managing relationships with National Credit Reporting Agencies is preferred
Benefits
Robust Health Care Plans (Medical, Dental & Vision)
Generous Parental Leave
Flexible Time Off (FTO) Policy - Time Off When You Need It
Retirement Plan (401k) with company match!
Educational Assistance/Tuition Reimbursement up to $3K/year
Life Insurance (Basic, Voluntary & AD&D)
Short Term / Long Term Disability
Robust Ancillary benefits including accident insurance, hospital insurance, etc
Wellhub (Gympass) Wellness Benefit
Powersports Safety Benefit
Job title
Senior Operations Manager – Credit Bureau Reporting
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