Collateral Specialist I
Stellantis Financial Services (SFS) is the new captive finance company for one of the world's leading automakers and a mobility provider with iconic brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. Our exciting growth provides opportunities to advance your career as we successfully lead products and services from a small to midsize company in just a few years. Join our world class team and culture and contribute to our core mission which is enhancing our customer's experience.
About the role
The Collateral Specialist I is responsible for assisting the management of Stellantis Financial collateral by working with other partners, vendors, dealers, as well as support departments within the company, to ensure collateral documents are received and transferred to the custodian in a timely manner.
Responsibilities
- Assist with creating and preparing outstanding reports and acts as a liaison with the collateral manager and other SFS departments.
- Act as a liaison between SFS Alliance partners, banks, affiliates, and vendors on collateral exceptions, securitizations, close-outs and any other activity involving SFS collateral.
- Work with electronic files and documents provided by vendors, partners, banks and affiliates.
- Work vendor and in house reports to clear outstanding exceptions for missing documents and title paperwork in accordance with SFS policies and procedures to maintain quality.
- Collaborate with the Collateral Clerk and Title Clerk to track collateral files being sent to the custodian as well as the Titles department and the Houston Title Inventory and other SFS departments.
- Prepare reports for the various business units and by various statuses for use by staff and management and maintain stats on production.
- Prepare and send letters to borrowers or dealership on outstanding titles.
- Escalate unresolved collateral and titling issues to Lead / Supervisor / Manager for further action.
- Perform other clerical duties as needed such as filing, scanning, photocopying or faxing documents, ordering supplies and processing invoices.
- Maintain confidentiality due to regular access to specified personal information of consumers, including, but not limited to, Social Security numbers and dates of birth.
- Other duties may be assigned; responsibilities and activities may change.
Requirements
- Minimum 1 year experience working with collateral management or similar processes.
- High school diploma and/or GED.
- Good analytical and organizational skills with close attention to detail.
- Intermediate MS Office skill in Excel, Access, Word, and PowerPoint.
- Excellent oral and written communication skills.
- Ability to interface work autonomously and handle multiple projects simultaneously.
- Overtime required on an as-needed basis.
- Must have reliable transportation and live within a commutable distance to Houston, TX.
- Authorization to work in the United States; Stellantis Financial Services will not sponsor applicants for work visas for this position.
Qualifications
- Minimum 1 year experience in Auto Industry, loan processing or title administration (preferred).
Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel; reach with hands and arms and talk or hear.
- The employee is occasionally required to stand; walk and stoop, kneel, crouch, or crawl.
- The employee must occasionally lift and/or move up to 10 pounds.
- Specific vision abilities required by this job include close vision.
Work Environment
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- The noise level in the work environment is usually moderate.
Schedule
- This position requires the ability to work various shifts to accommodate business needs, typically between the hours of 8AM-6PM Monday through Friday and on weekends as needed.
- Travel is required 0-10% of the time.