Buddy Beaman is Executive Vice President and Chief Operating Officer for Hilco Receivables, LLC. He is responsible for managing day-to-day operations and research analytics for the company, which handles principle investments totaling over $500 million, $10 Billion in assets acquired and over $400 million of purchased and fee based commercial receivables.
Buddy brings to Hilco Receivables, LLC extensive hands-on experience managing both people and systems, including oversight of call center operations, research analytics, and client services. During his tenure in the receivables (A/R) industry Buddy has managed a variety of data and financial systems. His strong technical skills, coupled with a deep understanding of the A/R business enable him to deliver unsurpassed customer service and results for clients.
Prior joining Hilco Receivables, LLC as Chief Operation Officer in 2013, Buddy served as President at Steamboat Partners. Prior to that, he built an outstanding reputation and progressively took on more responsible roles at PCAA, a specialty asset purchase company, ultimately serving as their COO as well. From 2006 to 2011 Buddy was a Vice President at Bear Stearns (eCast) where he managed operations, systems and analytics. He also worked at First USA/Bank One as an AVP running their collections, recovery systems and analytics through the period of the institution’s 7 mergers and acquisitions between 1999 to 2003. Earlier in his career, he spent a few years with London Bridge, a collections and recovery software company, as a Project Manager/Consultant where he created strategies and reporting within different Recovery teams from the industry. Buddy began his post college years as a Manager with GTE Mobilnet from 1991 to 1997.
His peers in the industry describe buddy as a seasoned and trusted leader with a laser-focus on operation excellence.
We Wrote the Book on Commercial Trade Receivables Collections