H2'24 Head of Student Retention

at  HyperionDev

ABOUT US

HyperionDev is one of the largest providers of accelerated tech education in EMEA and one of the oldest providers of ‘coding bootcamps’ in the world. We work with top universities such as Imperial College London, The London School of Economics, The University of Edinburgh, and Stellenbosch University to deliver structured technical courses and bootcamps that accelerate people into fulfilling tech careers. We have been recognised as one of the top education technology scaleups in the world and gained the financial backing of Meta (previously Facebook) which recognised us as the most socially impactful startup operating in Africa, where we initially started our work.
We are dedicated to closing the global tech skills gap and we achieve this by integrating tech education with human mentorship and expert code review powered by a workforce in Southern Africa, which lowers the cost of an accessible education in technology. This model has been successful, allowing us to reach millions of learners a year from over 60 countries. We have also partnered with government bodies such as the UK’s Department for Education who provide scholarships for students to study on our bootcamps and gain employment at companies such as AstraZeneca and the United Kingdom’s National Health Service (NHS).
We’re backed by nearly 2000 investors, having raised the largest crowdfunding round of funding for an edtech company in history. As a primarily bootstrapped, profitable, and scale up tech business join us as we play our part in making the world a more stable, safer, and fair place.

ABOUT THE ROLE

The Head of Student Retention is responsible for driving student financial operations and maximising revenue generation through efficient management of collections, retention strategies, and student engagement. This leadership role focuses on enhancing student satisfaction, optimising payment processes, and reducing churn, while ensuring compliance with financial policies and legal requirements. You will take full ownership of the revenue stream derived from student payments, driving strategic initiatives to boost retention rates and maintain positive financial outcomes.

REVENUE MANAGEMENT AND ACCOUNTABILITY:

• Take full ownership of the student payment lifecycle, from onboarding through to the final payment, ensuring accuracy and timeliness across all payment methods.
• Drive revenue growth by increasing payment compliance, reducing payment delinquency, and implementing proactive student retention initiatives.
• Develop and execute strategies to ensure the collection of all outstanding fees, including a focus on recovering delinquent payments while maintaining positive relationships with students.
• Manage the end-to-end student payment collection process, including monitoring monthly and ongoing payments, managing overdue accounts, and optimising the collections funnel for student loan and finance-related concerns.

PROCESS IMPROVEMENT AND ACCOUNTABILITY:

• Continuously evaluate and enhance payment workflows, introducing automation or system improvements where necessary to increase efficiency and reduce manual intervention.
• Take accountability for the success of process improvements, ensuring timely implementation and measurable outcomes.
• Ensure that all financial transactions, data handling, and processes comply with regulatory standards, including UK GDPR, and internal policies, safeguarding student data and finances.