Mission Lane

Compensation

Full Description

Description: • Manage overall relationships with debt buyers with whom Mission Lane has completed sales • Ensure mutual adherence to Purchase & Sale Agreements (PSAs) • Coordinate delivery of obligations and responsibilities under PSAs • Liaise between buyers and Mission Lane to resolve issues and needs related to sales • Monitor and nurture buyer relationships to ensure they are mutually effective and sustainable for Mission Lane’s long-term debt sales strategy • Manage Post Sale Support obligations from PSAs, including tracking obligations, forecasting volumes, and coordinating Mission Lane resources • Handle putbacks and recalls, direct payments, balance adjustments, trailing activity reporting, disputes, complaints, and account inquiries on sold accounts • Track, forecast, and coordinate affidavit requests, completion at Mission Lane and partner banks, and delivery to buyers • Understand and stay current on market dynamics, key buyers, market pricing, industry terminology, standards, and business terms related to sales • Coordinate with Mission Lane resources to create marketing files and materials, and manage the marketing process for obtaining bids and proposals from buyers • Gather and summarize pricing proposals and present to Mission Lane management for decisions and approvals • Work with buyers to award sales decisions, confirm volumes, and create sales timelines • Work with Mission Lane legal to negotiate PSAs and finalize business terms related to sales • Create sales execution timelines in partnership with Mission Lane resources • Successfully execute on debt sales, ensuring successful closing, funding, and delivery • Ensure successful delivery of final sale files, supplemental files, media, and legal documents to buyers • Ensure Mission Lane has received all required documents and information from buyers • Manage and resolve issues and needs of buyers related to Mission Lane’s debt sales, coordinating with relevant internal resources as needed • Plan and forecast bulk sales and forward flow sales expectations (volumes, pricing, proceeds) to meet Mission Lane’s strategic needs Requirements: • 7+ years of experience successfully managing relationships with a portfolio of external partners, in a program management capacity. • Demonstrated experience building and maintaining strong cross-functional relationships with internal teams (e.g., legal, finance, operations) to ensure alignment on shared goals. • Deep understanding of debt market dynamics, including key buyers, market pricing, and industry terminology related to debt sales. • Strong professional communication skills, with proven experience presenting to senior leaders and key external stakeholders. • Proven project management skills, with the ability to coordinate complex processes, manage timelines, and ensure the successful execution of debt sales. • Legal & Compliance Acumen, including familiarity with Purchase & Sale Agreements (PSAs) and a track record of ensuring adherence to their terms. Benefits: • paid time off • 401(k) match • a monthly wellness stipend • health/ dental/ vision insurance options • disability coverage • paid parental leave • flexible spending account (for childcare and healthcare) • life insurance • a remote-friendly work environment