Carmel, IN, USA
40 days ago
Contract Specialist

Who We Are: 

At AFC (Automotive Finance Corporation) we fuel the entrepreneurial dream in our community. For more than 30 years, we’ve been committed to making dreams come true for independent car dealers. AFC’s finance solutions work with more than 12,000 independent dealerships across North America freeing up cash flow to give them more time to focus on building their business. Our solutions amplify purchasing power so dealers can stock their dealership lot with vehicles their customers seek. 

 

AFC is proud to be a subsidiary of OPENLANE. AFC's core business complements the other business units within the OPENLANE group of companies. For more information, visit https://corporate.openlane.com/.

 

What We Offer:  

Competitive pay 

Medical, dental, and vision benefits with employer HSA contributions (US) 

Immediately vested 401K (US) or RRSP (Canada) with company match

Paid Vacation, Personal, and Sick Time

Paid maternity and paternity leave (US)

Employer paid short-term disability and life insurance

Employer paid Leap into Service Day to volunteer

Tuition Reimbursement for eligible programs

Opportunities to expand your skill set and share your knowledge ross a publicly traded, global organization

Company culture of internal promotions, diverse career paths, and rapid advancement  

What You'll Do

Develops a thorough understanding of AFC policies, processes, and procedures related to processing of applications, contracts, and securing collateral.

Provide prompt, accurate, and courteous service to both internal and external customers.

Process new applications, line modifications, status changes, and dealer reviews in a timely manner.

Analyze and verify documents for contractual compliance per AFC’s guidelines. Determine the validity of the information received. Decline application if documentation or information is determined false.

Contact state agencies and take other necessary actions to collect or verify information required to process applications.

Understand the laws and codes applicable to filing UCC financing statements or PPSA liens and PMSI notifications.

Use spreadsheet and other automated or manual processes to compile required documentation and reports.

Coordinate collateral security process with all parties (i.e. attorneys, branch managers, etc.).

Generate a contract and necessary amendments for execution

Review, accept, scan properly executed documents (i.e. contracts, amendments, etc)

Review ACH Documentation for accuracy and set up of accounts for ACH processing

Ensure timely and accurate follow ups for all necessary documentation

Create dealer contract terms in cosmos.

Other duties, as assigned

Must Haves:

Some post high school course work in related field preferred. Three (3) to five (5) years of experience in financial services industry or with the Uniform Commercial Code (UCC) and/or loan origination, mortgage closing or experience in securitization preferred. Familiarity with concepts, procedures and processes typically used in automotive and financial services industries. Good organizational and analytical skills as well as detail oriented. Facility with numbers. Ability to interact professionally with internal and external customers. Ability and flexibility to perform varied tasks with professional judgment, accuracy, and timeliness. Working knowledge of Google Sheets and Google Docs preferred. Proficiency in telephone, keyboard, standard office equipment, Windows based computer systems. Must be qualified to operate a motor vehicle and possess a valid driver’s license.

 

Sound like a match? Apply Now - We can't wait to hear from you!

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