Full-Time

Account Servicing Specialist

Impounds

Deadline 6/6/27
Veros Credit

Veros Credit

201-500 employees

Subprime auto financing and loan servicing

Compensation Overview

$16.50 - $20/hr

Santa Ana, CA, USA + 1 more

More locations: Ontario, CA, USA

In Person

Category
Accounting (1)
Required Skills
Customer Service

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Requirements
  • At least 3 years of experience in the collections field, preferably in the subprime consumer lending industry.
  • Effective communication, negotiation, and problem-solving skills.
  • Ability to read, interpret, and apply federal, state, and local collections regulations.
  • Ability to interact with customers in a professional, tactful, and sensitive manner.
  • Ability to work in a fast-paced environment independently and as part of a team.
  • Availability to work a flexible schedule and overtime as needed.
  • High School Diploma or GED.
  • Bilingual proficiency in English and Spanish.
Responsibilities
  • Follow and ensure compliance with company policies and procedures and the Fair Debt Collection Practices Act.
  • Negotiate payment arrangements with borrowers to obtain payment commitments or account reinstatements, suggest ways to meet obligations, propose alternative payment methods, and establish payment procedures.
  • Review accounts for special assistance, including loan modifications and extensions, and gather the information or documents needed to provide assistance.
  • Initiate and review repossession efforts to recover collateral.
  • Accurately and professionally document account information and collection activities.
  • Conduct database and system-record searches to determine customers' whereabouts through skip-tracing.
  • Make outbound calls and receive inbound calls through an auto-dialing or manual telephone system.
  • Maintain satisfactory work efforts on an assigned queue and meet or exceed daily and monthly goals.
  • Perform other duties as assigned.
Desired Qualifications
  • Experience in the subprime consumer lending industry.

Veros Credit provides auto financing solutions by acquiring and servicing motor vehicle retail installment contracts through a network of over 2,000 dealers. It partners with dealers to offer financing to customers, then purchases the resulting contracts and services them, earning interest and fees. With more than 30 years in automotive finance, it relies on direct relationships and a nationwide dealer network to serve subprime and near-prime borrowers. Its goal is to help customers with imperfect credit access vehicle financing while offering dealers dependable loan servicing.

Company Size

201-500

Company Stage

Late Stage VC

Total Funding

$39.6M

Headquarters

Santa Ana, California

Founded

2010

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Simplify Jobs

Simplify's Take

What believers are saying

  • ITOCHU invested April 2025, adding capital and international operating discipline for expansion.
  • Veros issued VEROS 2026-2 on July 15, 2026, proving continued securitization access.
  • TurboPass integration and Vera chatbot reduce verification and servicing friction for dealers and borrowers.

What critics are saying

  • Veros depends on ABS markets; July 2026 funding froze no capital, originations stall quickly.
  • Subprime borrowers default first in recession; Veros’s $880 million portfolio takes immediate credit losses.
  • UACC sued Veros over trade secrets in 2025, signaling relentless dealer-data warfare.

What makes Veros Credit unique

  • Veros Credit runs indirect subprime auto lending through 2,000-plus dealers nationwide.
  • Its Vera chatbot automates payments and account information across customer service and collections.
  • KBRA says Veros has been profitable since inception, despite serving nonprime borrowers.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Health Savings Account/Flexible Spending Account

401(k) Retirement Plan

401(k) Company Match

Tuition Reimbursement

Paid Holidays

Paid Time Off

Commuter Benefits

Referral Bonus

Meal Benefits

Paid Sick Leave

Paid Vacation

Employee Assistance Program (EAP)

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
American Banker
Jan 21st, 2026
Veros Auto raises $274.6M from subprime auto loan securitisation

Veros Auto Receivables Trust is raising $274.6 million through its first securitisation of 2026, backed by subprime auto loans for used vehicle purchases. The notes will be issued across six tranches—classes A through F—with Deutsche Bank Securities managing the deal, set to close on 27 February 2026. The collateral pool comprises approximately $296.4 million in auto loans as of 31 December 2025. Borrowers have a weighted average credit score of 589, with loans carrying an average principal balance of $16,555 and a weighted average interest rate of 22.93%. Credit enhancements include overcollateralisation at 7.35% and a reserve account of 1.00% of the initial pool balance, both decreased from the previous deal. However, total initial hard credit enhancement levels and subordination increased across all classes.

PR Newswire
May 16th, 2025
Veros Credit Appoints Ravi Gandhi as Chief Strategy Officer

SANTA ANA, Calif., May 16, 2025 /PRNewswire-PRWeb/ - Veros Credit, a leading provider of auto financing solutions, is pleased to announce the appointment of Ravi Gandhi as Chief Strategy Officer, effective May 1, 2025.

PR Newswire
Apr 9th, 2025
Veros Credit Gains ITOCHU Investment

Veros Credit announced a strategic investment from ITOCHU International Inc., potentially giving ITOCHU a minority stake. This partnership aims to leverage ITOCHU's global financial expertise and Veros Credit's technology-driven platform to expand nationally and enhance their product offerings in the U.S. non-prime automotive lending market. Veros Credit President Cyrus Bozorgi highlighted the collaboration as a significant milestone for growth and innovation in automotive financing.

Yahoo Finance
Dec 18th, 2023
Veros Credit Expands Collaboration With TurboPass Corporation

Veros Credit expands collaboration with TurboPass Corporation.