Collateral Administrator I - Repossession & Compliance

Lithia & Driveway; Medford (OR); On-site; USD 25,000 - 33,000; Full time

Benefits offered by this job

Medical Dental Vision Plans

401(k) Retirement Plan

Employee Stock Purchase Plan

Paid Holidays

PTO: 80 hours front-loaded on day 1

Job summary

Driveway Finance Corporation, part of the Lithia & Driveway family, seeks a Collateral Administrator I in Medford, OR. You will support the Collateral Management team, ensure regulatory compliance, and maintain system accuracy across recovery and remarketing activities.

The role focuses on completion of checklists, data updates, notices processing, and weekly/monthly reporting to support oversight. Compensation ranges from $18 to $24.05 per hour.

Qualifications

• High School Diploma or equivalent required.
• Experience with outbound calls or collections is preferred.

Responsibilities

• Complete repossession assignment checklists prior to vehicle assignment to ensure readiness and compliance.
• Process impound checklists and coordinate with the Collateral Management team to determine appropriate repossession actions.
• Update the DFC loan management system with accurate and complete recovery information to maintain data integrity.
• Review and process required repossession notices and letters for customer notification in a timely manner.
• Conduct customer SCRA searches throughout the recovery and remarketing process to ensure regulatory compliance.
• Review, save, and upload documentation from third-party systems into the DFC loan management system for audit readiness.
• Process service contract cancellations accurately to ensure proper account adjustments.
• Complete weekly and monthly reporting related to repossessed vehicles to support management oversight.

Skills

Communciation skills

Microsoft Office

Education

High School Diploma or equivalent

Tools

Microsoft Excel

Job description

Driveway Finance Corporation, part of the Lithia & Driveway family, seeks a Collateral Administrator I in Medford, OR. You will support the Collateral Management team, ensure regulatory compliance, and maintain system accuracy across recovery and remarketing activities.

The role focuses on completion of checklists, data updates, notices processing, and weekly/monthly reporting to support oversight. Compensation ranges from $18 to $24.05 per hour.