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Oportun
ABOUT OPORTUN Oportun (Nasdaq: OPRT) is a mission-driven financial services company that puts its members' financial goals within reach. With intelligent borrowing, savings, and budgeting capabilities, Oportun empowers members with the confidence to build a better financial future. 5 billion in interest and fees, and helped its members set aside an average of more than $1,800 annually.
WORKING AT OPORTUN Working at Oportun means enjoying a differentiated experience of being part of a team that fosters a diverse, equitable and inclusive culture where we all feel a sense of belonging and are encouraged to share our perspectives. This inclusive culture is directly connected to our organization's performance and ability to fulfill our mission of delivering affordable credit to those left out of the financial mainstream. We celebrate and nurture our inclusive culture through our employee resource groups.
JOB SUMMARY The Repossession and Remarketing Supervisor is responsible for overseeing the repossession of vehicles and the subsequent remarketing and sale of the repossessed assets. This includes managing multiple vendor relationships, adhering to regulatory guidelines, and ensuring the repo and remarketing agents are meeting and exceeding core KPI’s.
RESPONSIBILITIES
Personally responsible for the day-to-day operations and overall performance. Perform hiring, training, progressive discipline, and termination activities. Develop strategic remarketing processes and relationships.
Interactions may include operational performance reviews, issue resolution, informed of market conditions and customer needs response. Managing vendor relationships, for example, assignment, storage, transportation, and auction vendor to include validation of services, disputes, and complaints. Develop solutions: "sells", but also develops strategic solutions, creating true added value.
Oversees daily pre-sale reviews and works closely to ensure vehicle attributes are updated to maximize vehicle value and update floors to reflect trending values. Manage and protect collateral to ensure efficient and effective process is followed for every vehicle Review inventory regularly to validate success from auction assignment to time sold Ensure legal sale date has expired, vehicle has been transported & secured at auction, collaborate with other teams for holds to be removed accordingly, and coordinate with the Titles department to ensure titles are sent to and received by the auctions Coordinate and ensure proper documentation for all vehicle redemptions Establish timely scheduling of vehicles for sale at the auction, ensuring processes are completed within expected timeframes Perform audits before and after sale to validate expenses are proper and approved where needed Establish and maintain excellent service to internal and external partners to enhance recoveries and/or improve efficiencies Protect interest of company by ensuring actions are in compliance regarding organizational goals, objectives, policies and procedures, and state and federal laws to ensure performance standards are achieved and maintained Manage team responsible for closing deals to sell vehicles on time and for the best pricing possible. Responsible for various aspects of their assigned department, including generation and monitoring of reports, letters, evaluation, and scheduling and conducting required coaching with team members.
REQUIREMENTS
Job Knowledge and Skill Bachelor's degree in business or related field, and 3-5 years of supervisory role preferred, OR proven experience demonstrating: Ability to review and interpret key performance indicators Ability to establish and manage to operational performance g