Payment Representative - Loan Accounting

Job Family: Business Operations

Responsible for the day-to-day operations of the company's business units. Aims to deliver superior service to clients by driving and optimizing the effectiveness and efficiency of people, processes and technology thereby enhancing financial performance, increasing investment capacity, and managing risk. Builds the sustainable repeatable capabilities that support delivery of the highest standards of service and execution. Analyzes and reviews data tools, business processes and operational standards to execute service delivery. Evaluates and ensures that operations meet company objectives, business needs, service agreements and relevant requirements. Researches and monitors external landscape to identify developments and translate them into operational implications for the company.

Job Function: Auto Loan & Lease Fulfillment

Accountable for the completion of transactional account processes, including: Repair Claims, Total Loss Claims; Title Release requests and ensures accurate posting of all transactions to customer accounts. Liaises with customers and third parties to resolve open issues in alignment to internal processes and external regulations. Supports respectful customer experiences throughout life of loan.

Summary of Responsibilities:

The Staff, Payment Operations is primarily responsible for assisting the Payments team in all activities involving the support of the payments. The primary focus will be on reconcilements, daily operations support, customer inquiries, transaction processing, and maintaining customer files.

Essential Functions:

• Processes / reconciles transactions related to product/functional area.
• Performs various clerical tasks associated with Payments.
• Ensures that department standards and deadlines are met on a daily basis.
• Answers questions for Customers and department Employees.
• Maintains files related to job responsibilities.
• Processes mail as required.

Other Functions:

• Other duties as assigned.

Requirements:

• Education -
  • Bachelor's Degree: Business, Marketing, Finance, or equivalent field.
  • or equivalent work experience: Equivalent combination of education and experience may be substituted in lieu of degree.
• Experience -
  • 0-3 years Payments, Loss Mitigation, Fulfillment, and/or collections experience.
  • 0-3 years Auto Finance industry experience.
• Skills & Abilities -
  • Proficient in basic PC applications, including Microsoft Office (Excel, PowerPoint, Word, Outlook).
  • Intermediate to advanced typing and data entry processing skills.
  • Ability to ommunicate effectively and professionally with internal and external customers.
  • Ability to handle multiple tasks simultaneously.
  • Excellent organizational and time management skills with strong attention to detail.
  • Ability to educate customer on a service or product solution.
  • Ability to work effectively as a team member.
  • Ability to respond to internal and external requests as needed.
  • Ability to adhere to policies, procedures, and instructions of management.

Competencies:

• Collaboration - Teamwork:
  • Foundational - Learning and Developing
    • Works effectively in team settings
    • Shows appreciation for others' help and lends a hand when needed to complete shared tasks
    • 
      
• Customer Focus - Customer Understanding:
  • Foundational - Learning and Developing
    • Actively seeks information to understand customer needs
    • 
      
• Execution - Accountability:
  • Foundational - Learning and Developing
    • Maintains professional behavior at all times in representing the company
    • Does all routine work accurately and on-time; is aware of own impact on others
    • 
      
• Risk Management - Risk and Compliance Adherence:
  • Foundational - Learning and Developing
    • Understands the central role the risk management function plays in the organization environment
    • Learns to identify and flag items non-compliant with regulations
    • 
      
• Influence - Two-way communication:
  • Foundational - Learning and Developing
    • Communicates clearly and precisely
    • Listens carefully and asks questions to clarify understanding
    • 
      
• Change Orientation - Support for Change:
  • Foundational - Learning and Developing
    • Learns new methods and procedures or modifies them to meet new standards
    • Is positive about new approaches and methods resulting from change
    • 
      

Working Conditions:

• Frequently: Minimal physical effort such as sitting, standing, and walking.
• Occasional moving and lifting of equipment and furniture is required to support onsite and offsite meeting setup and teardown.
• Physically capable of lifting up to fifty pounds, able to bend, kneel, climb ladders.

Employer’s Rights:

• This job description does not list all the duties of the job. You may be asked by your supervisors or managers to perform other duties. You will be evaluated in part based upon your performance of the tasks listed in this job description.
• The employer has the right to revise this job description at any time. This job description is not a contract for employment, and either you or the employer may terminate employment at any time, for any reason.