Reinstatement Specialist

Drivetime • Dallas, TX

264d

About The Position

DriveTime Family of Brands includes in-house financing and servicing through Bridgecrest, which is one of the country's leading financial servicing providers. Bridgecrest services roughly $17 billion in finance receivables for DriveTime and other third parties. We service auto loans across a wide credit spectrum with the intent of creating a strong path to vehicle ownership for our customers. This position involves all processes related to the reinstatement or redemption of the vehicle post repossession. Specialists will assist customers by providing options available to reinstate/redeem the vehicle and helping the customer get back on the path to ownership.

Requirements

• High School Diploma, GED, or equivalent certification.
• Experience with Microsoft Office such as Excel, Outlook and Word.
• 3+ years of experience in collections, loss mitigation and/or financial services complaint resolution.
• Knowledge of collection policies/procedures including skip tracing and the Fair Debt Collection Practices Act (FDCPA), and local state repossession law.
• Strong negotiation and conflict management skills.
• Self-motivated with strong decision-making capabilities; ability to self-start.
• Ability to work in an accurate, detail-oriented, and highly productive manner.

Nice To Haves

• Associate degree or bachelor's degree in business or related field may be used as a proxy for experience.
• Clear, concise and professional written and oral communications and interpersonal skills.
• Strong time management and organizational skills, and ability to maintain a consistent and positive demeanor in a fast-paced work environment.
• Ability to prioritize and multi-task to ensure the achievement of assigned performance objectives.
• Ability to effectively apply professional acumen and communication skills to favorably resolve issues escalated from internal and external customers.

Responsibilities

• Handle high volume of inbound calls that provide reinstatement/redemption offers to our customers based on defined business criteria and state requirements.
• Negotiate payments and offer tools to support the reinstatement of customers based on defined business criteria.
• Perform high volume of outbound calls to establish contact with customers to discuss their intentions on reinstatement, redemption, or retrieving personal property.
• Assist customers with concerns/complaints during repossession process by actively listening and assessing details to provide resolutions.
• Communicate with recovery vendors and auctions to verify personal property and vehicle release details.
• Process and submit personal property/vehicle release paperwork to recovery vendor or auction in a timely manner.
• Monitor payment correction process to ensure compliant allocation of funds to customer accounts.
• Support the Reverse Charge Off process from end to end by obtaining proper approvals, submitting requests through internal ticketing system, emailing requests to reinstate ancillary products, and submitting requests to correct Credit Bureau Inquiries Department.
• Perform other related duties as assigned.

Benefits

• Medical, dental, and vision insurance coverage.
• 401(K) plan.
• Company paid life insurance policy.
• Short and long-term disability coverage.
• Tuition Reimbursement.
• Wellness Program with self-guided coaching and cash incentives.
• Paid Time Off including wellness days, holidays, and vacation time.
• In-House Gym.
• Game Room with ping-pong and pool tables.
• Social Events and company outings.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Motor Vehicle and Parts Dealers
• Education Level: High school or GED