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Press Release

Midland Credit Management Will Hire 100 People in Costa Rica in 2020

JANUARY 21st 2020

•Seeking bilingual staff and other professionals to fuel exciting growth 

San José, Costa Rica, January 21, 2020 — Financial services company Midland Credit Management (MCM), part of Encore Capital Group (NASDAQ: ECPG) which has presence in North America, Europe, Latin America and Asia, announced its plan to hire 100 people in Costa Rica this year. 

Midland offers debt recovery solutions to Spanish-speaking residents of the United States and Puerto Rico through its operations in Costa Rica, allowing consumers to get ahead of financial difficulties and achieve greater economic empowerment. 

“During 2019, Foreign Direct Investment (FDI) companies generated around 16,700 quality jobs for Costa Ricans, which means opportunities for many families. With great enthusiasm, we received the announcement that MCM will add 100 jobs to the existing 350. We hope that we can continue working together as allies to generate more and better opportunities for Costa Ricans,” said Dyalá Jimenez, Minister of Foreign Trade.

“Our company continues to rely on the Costa Rican talent,” affirmed Amene Ayub, General Manager of MCM Costa Rica. “During the eight years that we have been operating in the country, we have seen great potential to grow and diversify our business. This has meant an increase in the complexity in the work and the number of job positions, and I am proud that our location that started with 30 employees now has over 350 employees.” 

To properly advise consumers, the company is looking for talented individuals with an advanced level of English proficiency, negotiation and communication skills, as well as a baccalaureate degree. Additionally in Costa Rica, Midland is looking to hire professionals in areas such as human resources, systems engineering and accounting. To apply for any of these positions, interested candidates must send their CV to recruitmentcr@mcmcg.com or visit the website https://careers.joinmcm.com/

“Hiring locally is a priority for Midland as Costa Rica is the only country in Latin America where MCM operates. We currently have employees between the ages of 18 and 60 who come from all the provinces (states) of the country. Living our company values, embracing the importance of diversity and inclusion, and helping consumers achieve financial recovery are important tenants of our organization, and we are proud to be a company open to qualified individuals who want to join our team” added Ayub. 

The company offers benefits to its employees such as reimbursement of studies, additional vacation days, private medical insurance, company doctor, gym, recognition programs, monthly commissions, transportation and cafeteria allowance, alliances with different businesses, solidarity association, among others. 

MCM was the first company to establish its operations near the Technological City of San José. This strategic location allows employees' sustainable commuting who can use bicycle paths, trains or buses as means of transportation. They also have easy access to La Sabana Park to use as a recreation area.

Jorge Sequeira, Managing Director of the Costa Rican Investment Promotion Agency, CINDE, said: “MCM continues consolidating its presence in Costa Rica and contributes to the generation of quality jobs in the services sector, which is the most dynamic group in the employment generation among the country's FDI sectors. At the end of 2019, it reported the creation of almost 6,500 jobs”.

About Midland Credit Management
Midland Credit Management (MCM) is a company that works with consumers to resolve their past-due financial obligations. Since 1953, MCM has been working with consumers to achieve a healthy financial outlook by empowering consumers through education and customized payment plans. 

Encore Capital Group Inc, MCM’s parent company, is an international specialty finance company that provides debt recovery solutions and other related services across a broad range of financial assets. Through its subsidiaries around the globe, Encore purchases or services portfolios of receivables from major banks, credit unions and utility providers. Headquartered in San Diego, Encore is a publicly traded NASDAQ Global Select company (ticker symbol: ECPG) and a component stock of the Russell 2000, the S&P Small Cap 600 and the Wilshire 4500. More information about the company can be found at http://www.encorecapital.com. More information about the company’s Midland Credit Management subsidiary can be found at https://www.midlandcreditonline.com/.


Media Contact:

Ana Victoria Montero – MCM Costa Rica
6057-0496
anavictoria.montero@mcmcg.com

Carlos Morales
CINDE
2201-2830
cmorales@cinde.org