Upstart

Our mission is to enable effortless credit based on true risk.

Operations Manager – Loss Mitigation

OperationsOperationsFull TimeRemoteTeam 1,001-5,000Since 2012H1B SponsorCompany SiteLinkedIn

Location

United States

Posted

108 days ago

Salary

$75.9K - $105K / year

Bachelor Degree5 yrs expEnglish

Job Description

• Coach, develop, and lead a team of Loss Mitigation Specialists to consistently meet quality and productivity goals. • Deliver timely, constructive feedback and conduct performance reviews, including implementing performance improvement plans when needed. • Monitor daily operations to ensure efficient task allocation and workload balance across channels. • Stay closely connected to frontline operations and represent team needs in cross-functional conversations. • Partner with Product, Legal, Compliance, and Analytics teams to identify operational bottlenecks and drive process improvements. • Analyze performance metrics to uncover root causes of issues and implement scalable solutions. • Identify and communicate trends in borrower feedback to advocate for enhancements across the customer experience. • Contribute to special projects that improve automation, reduce manual workloads, and enhance the borrower journey. • This role offers visibility across multiple operational functions and the opportunity to shape borrower hardship strategy as we scale.

Job Requirements

  • 3+ years of experience in an operations role within a Financial Institution, plus at least 2 years of managerial experience leading operations teams at a Financial Institution
  • Proven ability to lead high-performing teams in a fast-paced, metrics-driven environment
  • Experience managing operational KPIs such as productivity, quality assurance, and service levels
  • Strong analytical skills with experience using data to drive decisions and optimize performance
  • Proficiency in coaching, mentoring, and delivering structured feedback to support team development
  • Experience in project or process improvement initiatives, with comfort navigating both operational and technical solutions
  • Excellent cross-functional communication skills with the ability to influence and align stakeholders
  • Demonstrated ownership mindset and ability to manage complex problems independently

Benefits

  • Competitive Compensation (base + bonus & equity)
  • Comprehensive medical, dental, and vision coverage with Health Savings Account contributions from Upstart
  • 401(k) with 100% company match up to $4,500 and immediate vesting and after-tax savings
  • Employee Stock Purchase Plan (ESPP)
  • Life and disability insurance
  • Generous holiday, vacation, sick and safety leave
  • Supportive parental, family care, and military leave programs
  • Annual wellness, technology & ergonomic reimbursement programs
  • Social activities including team events and onsites, all-company updates, employee resource groups (ERGs), and other interest groups such as book clubs, fitness, investing, and volunteering
  • Catered lunches + snacks & drinks when working in offices

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