
Legal Recovery Manager
Bounce
full-time
Posted on:
Location Type: Remote
Location: New York • United States
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Salary
💰 $170,000 - $200,000 per year
Tech Stack
About the role
- Own end-to-end legal recovery strategy — from account placement and attorney onboarding through litigation management, judgment enforcement, and post-judgment collections — ensuring consistent, compliant, and high-performing outcomes across all partner portfolios.
- Manage and develop relationships with external law firm partners and litigation vendors, including performance monitoring, SLA accountability, fee negotiation, and ongoing quality review.
- Drive strategy development and continuous optimization of legal channel segmentation, placement decisioning, and recovery prioritization while leveraging data and analytics to maximize net recovery outcomes.
- Monitor and analyze legal recovery performance metrics including liquidation rates, cost-per-dollar-recovered, judgment conversion rates, and portfolio aging.
- Deliver regular reporting and actionable insights to senior leadership.
- Ensure strict compliance with applicable federal and state laws governing legal collections, including FDCPA, UDAAP, Fair Lending, and state-specific litigation and garnishment rules; proactively identify and remediate compliance risks.
- Partner cross-functionally with Compliance, Finance, Product, and Recovery Operations to support audit readiness, regulatory exams, and ongoing governance requirements for the legal recovery channel.
- Develop and maintain documentation, controls, policies, and playbooks for all legal recovery processes.
- Serve as the internal subject matter expert for legal recovery strategy and execution.
- Collaborate with the SVP of Recovery Operations and senior leadership on multi-year legal recovery roadmap development, benchmarking, and strategic planning.
- Support RFP responses and partner onboarding efforts that involve legal recovery channel capabilities.
Requirements
- 5-10 years of experience in legal collections, litigation recovery, or attorney network management within a financial services or fintech environment.
- Bachelor's degree in business, finance, legal studies, or a related field preferred.
- Detailed knowledge of the end-to-end legal collections lifecycle — including pre-litigation strategy, suit decisioning, judgment enforcement, garnishment, and dormant judgment recovery.
- Strong understanding of federal and state collections regulations, including FDCPA, UDAAP, Fair Lending, and applicable state litigation and exemption laws.
- Demonstrated experience managing external law firm and litigation vendor relationships, including performance management, cost oversight, and quality assurance.
- Analytical mindset with the ability to interpret recovery data, build business cases, and drive strategy through insights (experience with SQL, Excel, or BI tools such as Metabase is a plus).
- Excellent communication and cross-functional collaboration skills, with the ability to translate complex legal and compliance topics for operational and executive audiences.
- Highly organized and detail-oriented, with strong project management and process documentation skills.
- Experience supporting regulated financial services environments, including participation in audits, regulatory exams, or second-line reviews, is strongly preferred.
Benefits
- Competitive salary range of $170,000-$200,000
- Comprehensive benefits package
- 401K + 5% Match
- Competitive PTO plan
- Collaborative and innovative hybrid working environment
- Opportunity to grow in your career with a growing company
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
legal collectionslitigation recoveryattorney network managementpre-litigation strategysuit decisioningjudgment enforcementgarnishmentdormant judgment recoveryperformance managementdata analysis
Soft Skills
communicationcross-functional collaborationorganizational skillsdetail-orientedproject managementprocess documentationanalytical mindsetrelationship managementstrategic planningquality assurance