Hybrid Senior Operations Manager – Credit Bureau Reporting

Posted 2 months ago

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About the role

  • 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

Job type

Experience level

Senior

Salary

$100,000 - $125,000 per year

Degree requirement

Bachelor's Degree

Location requirements

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