Collateral Specialist I at Stellantis Financial Services US Houston, TX

Stellantis Financial Services US; Houston (TX); On-site; USD 21,593 - 30,754; Full time

Benefits offered by this job

Medical

401k plan

PTO - Vacation/Holidays/Flex Days/Sick Days

Job summary

Payfuture Technologies is seeking a Collateral Specialist I in Houston, TX. This role involves assisting in the management of financial collateral, requiring strong analytical and organizational skills. Candidates should possess a high school diploma and at least one year of experience in collateral management or similar processes.

The position demands excellent communication skills and proficiency in Microsoft Office. Overtime and travel up to 10% may be required. Join a company committed to equal opportunity and employee development.

Qualifications

• Minimum 1 year experience working with collateral management or similar processes.
• Must be able to travel 0-10% as needed.
• Ability to interface autonomously while handling multiple projects.

Responsibilities

• Assist with creating and preparing outstanding reports.
• Act as a liaison between SFS Alliance partners, banks, and vendors.
• Collaborate with the Collateral Clerk and Title Clerk.

Skills

Analytical skills

Organizational skills

Intermediate MS Office skills

Excellent communication skills

Education

High school diploma or GED

Job description

Our Benefits

• Medical
• Prescription Drug
• Dental
• Vision
• MDLive / Telemedicine
• 401k plan
• PTO - Vacation/ Holidays/ Flex Days/ Sick Days
• Educational Assistance
• Employee Assistance Program
• Long Term Disability
• Wellness Program
• Optional and Voluntary Benefits / Marketplace Discounts
• Employee Vehicle Purchase/Lease Program discount

Salary and Benefits

• Salary: $19
• Supplemental pay: Referral bonus
• Schedule: 8-hour shift between 8:00 am to 7:00 pm (Flexible with 8:00 am 5:00 pm, 8:30 am - 5:30 pm, 9:00 6:00 pm, 9:30am - 6:30 pm or 10:00 am 7:00 pm)
• Dress: Enjoy our comfortable business casual work environment

Position Summary

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.

Essential Duties and 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.

Qualifications and Competencies Required

Required Experience

Minimum 1 year experience working with collateral management or similar processes.

Education

High school diploma and/or GED.

Skills Required

• 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.

Travel 0-10% - as required on an as needed basis.

Must have reliable transportation and live within a commutable distance to one of the following cities: Houston, TX.

Qualifications Preferred

Minimum 1 year experience in Auto Industry, loan processing or title administration.

Physical Demands

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.

Work 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 10% of the time.

Equal Opportunity Employer

Stellantis Financial Services, Inc (SFS) is an equal opportunity employer and is committed to providing its employees an environment that is free of harassment, discrimination, and intimidation. It is the policy of SFS to comply with all applicable employment laws and regulations and to provide equal opportunity for all qualified persons and to not discriminate against any employee or applicant for employment because of race, color, religion, sex, age, national origin, disability, pregnancy, sexual orientation, veteran status, gender identity or expression, change of sex, and/or transgender status or any protected status. Candidates must possess authorization to work in the United States. This policy applies to recruitment and placement, promotion, training, transfer, retention, rate of pay and all other terms and conditions of employment. Employment and promotion decisions will be based solely on merit, ability, achievement, experience, conduct and other legitimate business reasons.