DFC Collateral Administrator I

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

Dealership:L0238 Driveway Finance CorporationDriveway Finance Corporation | DFC Collateral Administrator IDriveway Finance Corporation (DFC) is a modern automotive lender and part of the Lithia & Driveway (LAD) family, one of the largest automotive retailers in North America and where we exemplify \"Auto Done Easy\". DFC provides flexible, customer-focused financing solutions that support both retail and commercial clients. Our innovative approach combines technology with personalized service to simplify the vehicle financing experience. At DFC, we're driving the future of auto finance!The DFC Collateral Administrator I will be responsible for proactively delivering accurate administrative support for the Collateral Management team while delivering exceptional customer service and partnership. The DFC Collateral Administrator I will support recovery and remarketing efforts by ensuring system compliance, documentation accuracy, and completion of required reporting, while demonstrating Lithia & Driveway's mission and core valuesLocation: Medford, ORCompensation Range: $18/hr - $24.05/hr with a typical starting range of $18/hr - $20/hr.Actual pay offered may vary depending on skills, experience, job-related knowledge, and physical location. Final compensation will be established through the interview process in accordance with applicable pay equity and transparency laws.What You'll DoComplete 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 oversightWhat You'll BringCommunciation skillsMicrosoft Office applications, including Excel, Word, and Windows-based systems.Mult-tasking skillsEducationHigh School Diploma or equivalent requiredExperiencePrevious customer service experienceExperience with outbound calls or collectionsPhysical DemandsThe physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of the job.*Up to 1/3 of time: standing, walking, lifting up to 25 poundsUp to 2/3 of time: sitting, kneeling, reaching, talking, hearingReasonable accommodations may be made to enable individuals to perform the essential functions.NOTE: This is not necessarily an exhaustive list of responsibilities, skills, or working conditions associated with the job. While this list is intended to be an accurate reflection of the current job, the company reserves the right to revise the functions and duties of the job or to require that additional or different tasks be performed.Total RewardsWe offer a comprehensive benefits package designed to support you and your family, including:Competitive payMedical, Dental and Vision PlansPaid HolidaysPTO: 80 hours front-loaded on day 1Short and Long-Term DisabilityPaid Life Insurance401(k) Retirement PlanEmployee Stock Purchase PlanLithia Learning CenterVehicle Purchase DiscountsWellness ProgramsAdditional information about our Total Rewards benefits can be reviewed on our careers site at totalrewards.lithiadriveway.comHigh School graduate or equivalent, 18 years or older required. We are a drug-free workplace. We are committed to equal employment opportunity (regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status). We also consider qualified applicants regardless of criminal histories, consistent with legal requirements.Reasonable accommodations may be made to enable individuals to perform the essential functions.