Senior Collections Specialist

About Happy Money

Happy Money is a consumer finance company that empowers people to achieve their goals through simple, transparent loans funded by trusted financial institutions. Through its proprietary lending platform, Hive, Happy Money delivers a fully digital experience that simplifies borrowing for consumers and helps credit unions, banks and asset managers diversify balance sheets and scale with confidence. Happy Money’s end-to-end loan origination and participation programs provide partners with turnkey access to high-performing assets, underpinned by disciplined credit expertise and robust risk management. Together with its lending partners, Happy Money has originated more than $6.5 billion in loans to help nearly 350,000 people take greater control of their financial futures. Happy Money is a 100% fully distributed company. Remote work doesn’t mean less work, we work full-time jobs and show up to them fully every day.

About the Role

The Senior Collections Specialist is an experienced, floor-level expert who plays a key role in the day-to-day effectiveness of the Collections team. This role goes beyond core collections work — serving as a go-to resource for peers, a contributor to process documentation, and a skilled handler of complex and escalated customer situations. Our ideal candidate brings a deep understanding of collections processes and systems, a passion for customer experience, and a collaborative mindset that elevates the team around them.

Employment: Hourly, Full-time

Working Shift: Monday - Friday, 6am - 2:30pm PST / 9am - 5:30pm EST

Responsibilities

Customer Engagement & Collections

• Contact past due customers, communicating professionally and persistently to facilitate resolution.
• Negotiate payment plans, hardship plans and settlements within established parameters for customers unable to pay their full balance.
• Handle escalated calls and complex account investigations, applying sound judgment to resolve issues and deliver a high quality customer experience.
• Maintain accurate and up to date customer records, ensuring all account information and status changes are properly documented.
• Meet or exceed department performance targets through organized, proactive, and effective collections efforts.

Peer Support & Team Development

• Provide peer feedback and support to internal and BPO team members, contributing to a culture of continuous improvement and shared accountability.
• Assist with onboarding and training of new team members, leveraging subject matter expertise to reinforce processes and best practices.
• Serve as a first-line resource for workflow questions, troubleshooting, and escalations from peers.

Process & Documentation

• Assist with drafting and updating Standard Operating Procedures (SOPs) to reflect current processes, ensuring documentation is accurate, accessible, and easy to follow.
• Identify and surface process improvement opportunities to the Team Lead, contributing ideas that improve efficiency, compliance, and customer experience.
• Maintain strong working knowledge of all collections systems, tools, and workflows to serve as a reliable SME for the team.

About You

• 2+ years of experience in collections, customer operations, or a related field.
• Deep understanding of collections processes, strategies, and regulatory considerations.
• Demonstrated ability to handle escalated customer situations with professionalism, empathy, and sound judgment.
• Detailed in communication, writing, and typing skills.