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Receivables Info Executive Spotlight with Jan Stieger

Executive Director at Receivables Management Association International

As Executive Director at Receivables Management Association International (RMAI), Jan Stieger carries out the vision and goals set by the Board of Directors by allocating resources and coordinating volunteer efforts. She also oversees the financial, staffing, communications, and other business aspects of the association. Jan loves a chance to gather with industry professionals at a conference or party as much as she loves a chance to quietly read on the beach or enjoy creative projects at home. Jan is passionate about her work and its greater implications for consumers, the economy, and industry professionals. Most recently, Jan was thrilled to add “grandmother” to her list of roles!

Title: Executive Director

“I am not a product of my circumstances. I am a product of my decisions.” – Stephen Covey

Title: Executive Director

“I am not a product of my circumstances. I am a product of my decisions.” – Stephen Covey

What is your favorite part of working at RMAI?

I love the people. Members of this association are passionate about what they do and the important role they play in the credit ecosystem. Working side-by-side with them is tough as we constantly battle an undeserved reputation, but at the same time it is exhilarating, and small successes are rewarding.

In the receivables industry, what emerging trend has your attention?

After a lot of hard work, I’m beginning to see an acceptance of the industry by the broader financial services community. In my time at RMAI, I’ve seen a lot more coordinated effort with creditors. I believe some of this is due to RMAI’s Certification Program which has set gold standards and best practices for the industry that did not exist previously. Certification has professionalized the industry.

What industry change do you predict over the next 5 years?

I believe we are going to be laughing at all the laws and regulations that govern telephone calls. In five years, I don’t think phone calls will be an important communication vehicle for the industry – much more will be done using newer technology (not even developed yet), but certainly emails, websites, text messages, etc. Think telegrams being referenced in the original FDCPA!

How do you define success?

Exceed expectations.

What is the best piece of advice you have ever received in life?

Work very hard even when no one is watching and resist temptations to take the easy way out. Be genuine and grateful.

What advice would you give someone entering the receivables management industry?

You have to believe 110% that the collection of legitimate debt is critical to the credit ecosystem and always do what is right in the collection of that debt even if it is not specifically prohibited – treating the consumer professionally and ethically is critical if you want to be successful.

What are you most proud of or what is your biggest accomplishment?

In my professional life, I’m very proud of what RMAI has become. In 2011, when I came to DBA, the association was best known for its exceptional conference. Since then, we continue to be known for the best industry conference, but we are now highly regarded for our state and federal advocacy program, certification, and networking opportunities that promote business development for our members. In my personal life, I’ve overcome a lot of adversity and difficult circumstances. I have survived, and yes, even thrived in some ways.

What is your favorite book or podcast?

I don’t listen to podcasts very often. I tend to like quiet. I just read Pappyland which provides the backstory to the bourbon industry.  I like understanding how we got to where we are today, not just accepting the current situation. Having said that, I read a lot to keep up with the industry every day, so a good romcom beach read is also a nice break!

If you could do any other non-industry job for just one day, what would it be?

I’d love to be a hotel concierge for a day! I love helping people, especially if they are looking to have a good time!

People would be surprised if they knew…

I don’t really watch TV or many movies. I tend to do creative things at home. What you may not know is that I have a loom, and I spend a lot of time weaving scarves, table runners, and now baby blankets! I’m a brand new Grandma and I’m looking forward to what my new role will bring!

About RMAI

Receivables Management Association International (RMAI) is the nonprofit trade association that represents more than 590 companies that purchase or support the purchase of performing and nonperforming receivables on the secondary market. The Receivables Management Certification Program and Code of Ethics set the global standard within the receivables industry due to its rigorous uniform industry standards of best practice which focus on the protection of the consumer. RMAI provides its members with extensive networking, educational, and business development opportunities in asset classes that span numerous industries. Founded in 1997 as the Debt Buyers Association, RMAI is headquartered in Sacramento, California.

Published On: May 13th, 2022|Categories: Executive Spotlight|Tags: |

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