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Veros Credit

Subprime auto financing and loan servicing

Collection Specialist - Impounds, Auto

Retail & Commercial BankingConfirmed live in the last 24 hours
Full-timeNo salary listedRemote

About the Job

Requirements

  • At least 3 years of experience in collections; experience in the subprime consumer lending industry is preferred.
  • Effective communication, negotiation, and problem-solving skills.
  • Ability to read, interpret, and apply federal, state, and local collections regulations.
  • Ability to interact with customers professionally, tactfully, and sensitively.
  • 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.

Responsibilities

  • Follow and ensure compliance with company policies and procedures and the Fair Debt Collection Practices Act (FDCPA).
  • Negotiate payment arrangements with borrowers to obtain commitments for payment or account reinstatement, 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 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 searches and review system records 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

  • Bilingual English and Spanish.
  • Experience in the subprime consumer lending industry.

About the Company

Veros Credit

Subprime auto financing and loan servicing

Veros Credit provides auto financing by acquiring and servicing motor vehicle retail installment contracts for a nationwide network of over 2,000 dealers, focusing on subprime and near-prime loans. It partners with dealers to offer financing to customers, buys the resulting contracts, and manages their servicing in-house to generate revenue from interest and loan fees. The company stands out by leveraging more than 30 years of automotive finance experience, building direct relationships with borrowers and dealers, and serving segments traditional lenders typically avoid. Its goal is to help customers with imperfect credit access affordable vehicle financing while offering dealers reliable loan servicing and support.

Company size
201-500
Company stage
Late Stage VC
Total funding
$39.6M
Headquarters
Santa Ana, CA
Founded
2010

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