Contracts Supervisor

Who We Are:
At AFC (Automotive Finance Corporation) we fuel the entrepreneurial dream in our community. For more than 35 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. Learn more about AFC, here: https://www.autofinance.com/

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/.

AFC’s Core Values:

Elevating Relationships. We connect deeply with our customers - celebrating their wins and supporting their struggles as if they were our own.
Powered by Passion. We believe that “passion is our superpower” and that every success is built upon the commitment and perseverance of our employees.
Vision-driven. We look ahead to the bigger picture so our customers can be prepared; after all, their success is our destination.
Dedicated to You. We demonstrate value and appreciation by recognizing and validating each other’s efforts. We stand committed to the success of our customers.
 

Location: This role operates on a hybrid-onsite basis in our Carmel, Indiana

Office.

We’Re Looking For:

The Contracts Supervisor is responsible to assist the Contracts Manager in running the day-to-day duties of the Contracts Department.  The Contracts Supervisor is responsible for implementing, and monitoring, quality control for each function of the contract approval process.  In the absence of the Contract Manager, each member of the Contract Department will report to the Contracts Supervisor.    

You Will:

• Develop a thorough understanding of AFC policies, processes and procedures related to processing of contracts and securing collateral.
• Assist the Contract Specialist staff in their growth and thorough understanding of policies and procedures pertaining to their related functions.
• Process new applications, line modifications, status changes, and annual reviews timely.
• Contact state agencies and takes other actions necessary to collect or verify information required to process contracts.
• Analyze and verify documents for contractual compliance to the guidelines.  Determine the validity of the information received.
• Coordinate collateral security process with all parties (i.e. attorneys, branch managers, etc.)
• Understand the laws and codes applicable to filing UCC financing statements or PPSA liens and PMSI notifications.
• In the absence of a Contract Specialist process the required work items.  If there are heavy work loads, step in and help.
• Maintain, update, and create dealer contract terms and published books.
• Serve as a resource for Ironclad for field employees as well as the Contract Specialists 
• Review and approve the set up of accounts on ACH Auto.  Follow up as necessary for any corrections needed
• Manage the Contract Services shared email box.  Distribute emails as necessary for the Contract  Specialists to process.  
• Use spreadsheet and other automated or manual processes to compile required documentation and reports.
• Provide prompt, accurate and courteous service to both internal and external customers.
• Other duties as assigned.

Must Have’S:

• Prior work experience in the financial services industry and/or with the Uniform Commercial Code (UCC) and/or loan origination, mortgage closing or experience in securitization is preferred.
• Previous experience in managing teams both in person and remotely.
• Familiarity with concepts, procedures and processes typically used in automotive and financial services industries. 

• Good Organizational Skills.

• Ability to interact professionally with internal and external customers.
• Ability and flexibility to perform varied tasks with professional judgment and accuracy.
• Working knowledge of Microsoft Excel and Word preferred.
• Motor vehicle operator (required).

Who You Will Work With:

Reporting directly to the Contracts Manager, you will work closely alongside the Contract Specialists. You will interact with the AFC branch managers and employees, UCC team, and others across the AFC organization.  

Sound like a match? Apply today!
 

What We Offer:

• Competitive Pay

• Medical, dental, and vision benefits with employer HSA contributions (US) and FSA options (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, long-term disability, life insurance, and AD&D (US)
• Robust Employee Assistance Program
• Employer paid Leap into Service Day to volunteer
• Tuition Reimbursement for eligible programs
• Opportunities to expand your skill set and share your knowledge across a publicly traded, global organization
• Company culture of internal promotions, diverse career paths, and meaningful advancement

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