February 7, 2024 (Sacramento, CA) – The Receivables Management Association International celebrated its 27th Annual Conference in Las Vegas, February 5-8, 2024. RMAI was pleased to host this popular conference which attracted more than 1,400 attendees this year. RMAI took the opportunity to present its annual awards, recognizing leaders in the receivables management industry.

Bud Reitzel Award

The RMAI Board of Directors awarded the Bud Reitzel Lifetime Commitment Award, the industry’s highest recognition, to Vincent Iacono, President/CEO of TRAKAmerica.

RMAI created the Reitzel Award to recognize an individual for outstanding leadership and dedication in the receivables management industry who has demonstrated, over many years of service, the ideals that Bud modeled and believed in.

Vinnie Iacono is a dynamic and proven executive with over 20 years of leadership in the credit and collections space. He uses his deep relationships in the recovery space to drive new business growth and deepen relationships with existing TRAKAmerica clients.  Prior to joining TRAKAmerica, Vinnie was the ALS Executive of the Recovery and Risk Operations division for Bank of America. He has been described as a leader and mentor within his company, and an engaged leader with collaborative partnerships throughout the industry.  He is involved with trade organizations and works to foster the next generation of leaders.

“Vinnie has had a powerful and positive impact on so many throughout his career,” said RMAI Board President Anne Thomas.  “He is an icon in the industry who has fostered collaborations to achieve tremendous results.”

President’s Award

RMAI awarded the President’s Award to David Reid, General Counsel for the Receivables Management Association International (RMAI). In this capacity, David manages the legal, state legislative, regulatory, and advocacy activities of the association. David also serves as staff liaison to the RMAI Certification Council and its Standards and Remediation Committees. David is a graduate of Canisius University and Albany Law School. He is admitted to the California, New Jersey, and New York bars.

In 2017, RMAI created the President’s Award which recognizes an individual for outstanding contributions and services to the association and membership. The award goes to someone serving on an RMAI Committee who is selected because of their contribution to committee goals and their innovative ideas helping further the success of RMAI.

Integrity Award

RMAI awarded the Integrity Award to Don Maurice, a partner at national financial services law firm Maurice Wutscher, LLP. For nearly 30 years, Don has counseled the financial services industry in defense and compliance matters. He has litigated in bench and jury trials in both individual and class actions, appearing before federal Circuit Courts of Appeals and as amicus counsel before the U.S. Supreme Court. Don is peer-rated AV Preeminent by Martindale-Hubbell, the worldwide guide to lawyers. His prior firm was named a “Go-to Law Firm for the Top 500 Companies” and a “Go-to Financial Law Firm” by Corporate Counsel.

The Integrity Award is RMAI’s award which recognizes an individual from an RMAI member company for demonstrated integrity in action, either professionally or personally. The recipient of this award is an individual who has demonstrated integrity through specific actions which have contributed positively to the receivables management industry or the individual’s community.

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About RMAI

Receivables Management Association International (RMAI) is a nonprofit trade association representing more than 600 companies that purchase or support the purchase of performing and nonperforming receivables on the secondary market. The RMAI Receivables Management Certification Program and Code of Ethics set the global standard within the receivables industry due to the rigorous uniform standards of best practice which focus on protecting consumers. More information about RMAI is available at www.rmaintl.org.

RMAI’s 2024 Annual Conference brings together stakeholders in the receivables management industry—welcoming attendees and exhibitors, presenting highly-respected educational programming, and numerous networking opportunities with key participants, including debt buying companies, collection law firms, collection agencies, brokers, vendors, major creditors, and international members.