Full-Time

Uniform Commercial Code Specialist

Confirmed live in the last 24 hours

KAR Global

KAR Global

5,001-10,000 employees

Digital solutions for automotive wholesale market

No salary listed

Junior, Mid

Carmel, IN, USA

Category
Risk Management
Finance & Banking
Requirements
  • 2-3 years of experience in the financial services industry or mortgage closing and/or with the Uniform Commercial Code (UCC) or experience in securitization
  • Familiarity with concepts, procedures and processes typically used in automotive and financial services industries
  • Good organizational skills and detail oriented
  • Ability to interact professionally with internal and external customers
  • Ability and flexibility to perform varied tasks with professional judgment, accuracy, and timeliness
Responsibilities
  • Develop a thorough understanding of AFC policies, processes and procedures related to securitization
  • Understand the laws and codes applicable to filing UCC financing statements or PPSA liens and PMSI notifications
  • Electronically or manually file UCC and PPSA for all new dealer applications
  • Verify state or province financing statements have been received and validated
  • Process purchase money security interest letter within ten (10) days of the UCC/PPSA validated lien date
  • Update current UCC/PPSA and PMSI information in the computer system
  • Contact state agencies and take other actions necessary to collect or verify information required to process lien
  • File UCC and PPSA continuations for the United States and Canada within six (6) months of expiry date
  • File updated UCC or PPSA amendments for any name, entity, or address change along with new PMSI notification
  • File updated UCC or PPSA amendments for Tennessee and Quebec to list maximum principal indebtedness
  • Process Account Reviews to ensure UCC or PPSA is still active and accurate, and that the PMSI letter has been sent to the appropriate secured party
  • Process accurate state and province lien filing searches for Semi-Annual Reviews, financing statement amendments and entity verifications
  • Research and identify purchase money security interest letters received from competitors
  • Use spreadsheet and other automated or manual processes to compile required documentation and reports
  • Utilize UCC/PPSA, PMSI, Post UCC tracking reports to ensure the completion of all liens and notifications
  • Provide prompt, accurate, and courteous service to both internal and external customers
Desired Qualifications
  • Working knowledge of Google Workspace preferred
  • Some post high school course work in related fields is preferred

KAR Global provides digital solutions tailored for the automotive wholesale industry. Their services include vehicle inspections, analytics, and digital marketplaces that facilitate the buying and selling of used vehicles. By utilizing data, KAR Global helps clients such as manufacturers, dealers, and rental companies streamline their operations and make informed decisions. Unlike many competitors, KAR Global offers a comprehensive end-to-end remarketing service, which enhances the efficiency of the wholesale vehicle market. The company's goal is to improve accessibility and efficiency for its clients in the automotive sector.

Company Size

5,001-10,000

Company Stage

IPO

Headquarters

Carmel, Indiana

Founded

2006

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased adoption of AI-driven analytics enhances decision-making for KAR Global's clients.
  • The rise of online-only vehicle auctions expands KAR Global's digital auction platforms.
  • Growing focus on sustainability offers KAR Global opportunities to develop eco-friendly remarketing solutions.

What critics are saying

  • Increased competition from digital-only platforms like Vroom and Carvana threatens market position.
  • Rapid AI advancements may outpace KAR Global's current technological capabilities.
  • Economic downturns in key markets could reduce demand for used vehicles, affecting revenue.

What makes KAR Global unique

  • KAR Global offers comprehensive digital solutions for the automotive wholesale industry.
  • The company provides end-to-end remarketing services, including vehicle inspections and analytics.
  • KAR Global has a significant global footprint, operating in North America, Europe, and beyond.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Parental Leave

401(k) Retirement Plan

401(k) Company Match

Wellness Program

Tuition Reimbursement

Professional Development Budget

Company News

PR Newswire
Jun 2nd, 2023
OPENLANE Announces Results of Offer to Purchase Certain of its Outstanding 5.125% Senior Notes due 2025

/PRNewswire/ -- OPENLANE, Inc. (f/k/a KAR Auction Services, Inc.) (NYSE: KAR) (the "Company"), today announced the results of its previously announced offer to...

PR Newswire
Apr 19th, 2023
Kar Auction Services, Inc. To Announce First Quarter 2023 Earnings

CARMEL, Ind., April 19, 2023 /PRNewswire/ -- KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its first quarter 2023 financial results after the market closes on Tuesday, May 2, 2023.KAR will also host an earnings conference call and webcast on Wednesday, May 3, 2023, at 8:30 a.m. ET. The call will be hosted by KAR Chief Executive Officer Peter Kelly, EVP and Chief Financial Officer Brad Lakhia and Chief Accounting Officer Scott Anderson. The conference call may be accessed by calling 1-833-634-2155 and entering participant passcode "KAR." A live web cast will be available at the investor relations section of karglobal.com.Following the call, an archive of the webcast will be available for replay on the investor relations section of karglobal.com for a limited time.KAR ContactsMedia Inquiries: Analyst Inquiries: Laurie Dippold Mike Eliason (317) 468-3900 (317) 249-4559 [email protected] [email protected]About KARKAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), provides sellers and buyers across the global wholesale used vehicle industry with innovative, technology-driven remarketing solutions

KAR Global
Apr 17th, 2023
KAR Global Hires Brad Lakhia as Chief Financial Officer – KAR Global

KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, today announced the company has named Brad Lakhia EVP and Chief Financial Officer.

KAR Global
Mar 31st, 2023
KAR Global Announces Retirement of Executive Chairman Jim Hallett – KAR Global

Michael Kestner, who has served as lead independent director since 2019, has been named chairman of KAR’s board effective April 1, 2023, and Peter Kelly continues to serve as KAR’s chief executive officer.

TMS Outsource
Mar 28th, 2023
Discover the Top Tech Companies in Toronto

With its vehicle appraisal and auctioning system, TradeRev, which was acquired by KAR Global in 2017, promises to revolutionise the auto business.