Stellantis Financial Services US · 1 day ago
Director of Repossessions - Lease
Stellantis Financial Services (SFS) is the new captive finance company for one of the world's leading automakers. As a Director of Repossessions - Lease, you will oversee the repossession process for delinquent automobile loans and ensure compliance with state and federal regulations while developing performance metrics and managing vendor relationships.
AccountingFinanceLeasing
Responsibilities
Manage the repossession process for all Stellantis Financial Services US vehicles
Develop and/or fine tune processes to increase efficiency and performance results
Manage repossession vendor relationships, including vendor due diligence visits
Manage selection of repossession agents, negotiate fees, and verify insurance and bond coverages
Ensure compliance with state laws regarding the right to cure (RTC), Strict Compliance Letter (SCL), Soldiers and Sailors Credit Protection (SSCRA), and any Bankruptcy protection requirements
Manage the processing of vehicle reinstatements and/or redemptions
Manage the processing and release of impounded vehicles
Work closely with the Risk Management, Compliance and Digital teams to automate processes
Work closely with and respond to the Compliance Department on CFPB, state and local audit requests
Partner with Compliance to ensure all applicable repossession laws are followed
Develop and execute cross-channel business deliverables
Lead the development of strategies, workflow processes, and process management for Repossession
Establish monthly and annual performance targets for Repossession
Lead and coach Repossession team in all aspects of their roles
Provide weekly, monthly, quarterly, and annual performance tracking versus targets, challenges, and new tests, as well as economic and external impacts on performance for Repossession
Analyze associate and team performance and provide direction to managers in communicating performance and goals
Contribute to Senior level meetings and high-level decision making
Other duties may be assigned
Qualification
Required
Minimum of 5 years of experience in asset recovery, collections, or repossession management
Minimum of 4 years of senior management experience within a financial institution, along with experience managing staff
A bachelor's degree
Experience in developing and monitoring Key Performance Indicators (KPIs) to track performance
Proven track record in conducting due diligence on vendors and ensuring compliance with contractual guidelines
Strong understanding of State and Federal regulations related to repossession processes
Experience in maintaining relationships with repossession, transportation, and auction vendors, as well as internal partners such as Settlement, Titling, Customer Support, and Collections
Ability to establish and maintain industry relationships to stay informed about trends and regulatory changes
Advanced Excel skills
Intermediate MS Office skills (PowerPoint, Word, Outlook)
Excellent communication and interpersonal skills
Strong analytical skills with the ability to interpret data and trends
Identifies and resolves problems in a timely manner; Generates creative solutions
Demonstrates attention to details
Coordinates projects; Communicates changes and progress; Completes projects on time
Overtime required – required on an as needed basis
Travel - as required on an as needed basis
Must have reliable transportation and live within a commutable distance to one of the following cities: Atlanta, GA; Dallas, Texas; or Houston, Texas
Preferred
A bachelor's degree in business or finance
Company
Stellantis Financial Services US
Stellantis Financial Services provides new and used auto financing for Stellantis’ premier brands: Chrysler, Dodge, Jeep®, Ram, Mopar, SRT, FIAT®, and ALFA ROMEO.
H1B Sponsorship
Stellantis Financial Services US has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (2)
2024 (6)
2023 (5)
2022 (2)
Funding
Current Stage
Late StageLeadership Team
Company data provided by crunchbase