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Sr. Director, Collections Operations

Job in New Castle, New Castle County, Delaware, 19720, USA
Listing for: Sallie Mae, Inc.
Full Time position
Listed on 2026-06-04
Job specializations:
  • Management
    Operations Manager, Healthcare Management
Salary/Wage Range or Industry Benchmark: 120000 - 160000 USD Yearly USD 120000.00 160000.00 YEAR
Job Description & How to Apply Below
Sr. Director, Collections Operations page is loaded## Sr. Director, Collections Operations locations:
New Castle, DEtime type:
Full time posted on:
Posted 6 Days Agojob requisition :
R26 000285
** When you join Sallie Mae, you become a champion for all students.
** We’re on a mission to power confidence as students begin their unique journey. To help them plan their higher education, successfully finish, and prepare for life after school. To help them Start smart. Learn big.

Students need guidance navigating this important time in their life. They need someone who acknowledges that their education path is unique. They need a partner willing to evolve and not only meet but surpass their expectations. We’re changing. Because students need a better way.

We’re looking for people who are excited to drive this transformation. To break barriers and think of new ways to adapt, help, and create better experiences for students—and for each other.

This is where diverse backgrounds, beliefs, and perspectives matter. It’s where you’re empowered to bring your authentic self to work.

Feeling your best allows you to do your best. Our benefits take care of the whole you—from physical and mental to financial and professional. You’ll get opportunities to further your education and career, support for you and your family (including your pets!), paid time off to volunteer for the things that matter to you, and more.

Come do more than join something, change something. For students, for future generations, for the future of education.

The Senior Director, Collections Operations will provide end‐to‐end leadership for the collections function in Delaware. This entails driving performance, execution of strategy across 30–120+ day delinquency, loan modification, and chat‐based collections channels. This role is a critical leadership position with meaningful impact on customer outcomes and financial performance and serves as the senior on‐site leader for the Collections organization at the DE location, responsible for setting culture, driving engagement, and building a high‐performing, accountable and compliant team.
** Key Responsibilities
*** Collections & Loss Mitigation Leadership  + Own and evolve end‐to‐end collections performance across 30–120+ day delinquency and loss mitigation  + Lead teams responsible for traditional servicing, hardship programs, and digital/chat‐based collections  + Drive results against key metrics including roll rates, losses, productivity, and customer outcomes  + Ensure strong governance and compliance with all regulatory and policy requirements
* Operational Excellence & Transformation  + Lead initiatives to improve efficiency, effectiveness, and customer experience across collections operations  + Partner closely with Analytics and Technology leaders to optimize strategies, tools, and workflows  + Scale and mature digital and chat‐based collections capabilities while maintaining strong controls and risk discipline
* Leadership and Engagement  + Provide visible, on‐site leadership for the Collections organization, setting culture, engagement, and performance expectations  + Develop and retain top talent; ensure leadership continuity and organizational capability  + Drive accountability, consistency, and strong execution across on‐site Collections teams
** Qualifications & Experience
*** 12+ years of progressive leadership experience in collections, credit operations, or loss mitigation within banking or financial services
* Demonstrated success operation at a Sr. Director scope - leading leaders, setting strategy, and owning enterprise-level outcomes
* Proven experience leading large, complex, multi‐layered operational teams
* Demonstrated ownership of late‐stage collections and/or loss mitigation performance
* Strong understanding of regulatory requirements impacting collections operations
* Experience leading through change, transformation, and operational scale
* Ability to balance customer outcomes with strong financial and risk discipline
* Prior experience leading a large operational team with a strong on‐site leadership presence strongly preferred #
** Feeling your best helps you do your best:**## Our…
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