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Veros Credit

Subprime auto financing and loan servicing

Collection Specialist

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

About the Job

Requirements

  • At least 5 years of experience in the collections field; experience in the subprime consumer lending industry is preferred.
  • Communicate, negotiate, and solve problems effectively.
  • Read, interpret, and apply federal, state, and local collections regulations.
  • Interact with customers in a professional, tactful, and sensitive manner.
  • Work independently and as part of a team in a fast-paced work environment.
  • Be available to work a flexible schedule and overtime as needed.
  • Have a High School Diploma or GED.

Responsibilities

  • Service auto loan accounts that are 90 or more days delinquent and document collection activities using loan servicing software.
  • Follow and ensure compliance with company policies and procedures and the Fair Debt Collection Practices Act (FDCPA).
  • Negotiate payment arrangements with borrowers, suggest ways they can meet their obligations, propose alternative payment methods, and establish payment procedures.
  • Help borrowers devise a strategy to keep their vehicle while meeting their loan obligations.
  • Accurately and professionally document account information and collection activities.
  • Use skip-tracing tools and reference sources to identify and locate delinquent borrowers.

Desired Qualifications

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

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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