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ACV Auctions · 1 day ago

Team Lead, Capital Floorplan

Buffalo, NY

Full-time

Onsite

Mid, Senior Level

$64K/yr - $80K/yr

3+ years exp

ACV Auctions is a technology company revolutionizing the automotive industry by transforming how dealers buy and sell cars online. The Team Lead, Capital Floorplan is responsible for managing the floorplan lending function, ensuring accurate and compliant loan documentation while leading a team to support dealer contracting and related processes.

AppsAutomotiveMarketplaceMobile Apps

No H1B

Responsibilities

Lead team that prepares, reviews, and processes floorplan lending contracts and related documentation and can perform all aspects of the team’s functions

Responsible for supervision of team, including hiring and staffing, coaching and training, and performance reviews

Ensure contracts are correct in every detail and comply with internal policies, legal requirements, and regulatory standards

Track contract status and see that accurate records are maintained in internal systems

Oversee all security interest (UCCs and PMSIs) processes, including documentation, to ensure provable perfection

Oversee accuracy of all relevant information across all relevant documentation

Oversee or conduct UCC searches to identify all senior creditors

Ensure that the filing of all UCC financing statements is done correctly

Ensure that accurate UCC and PMSI records are retained

Ensure PMSI requirements are timely met, including refreshed notices

Raise questions when something doesn’t seem quite right

Provide quality control checks at key control points

Coordinate with internal teams (credit, legal, operations) and external partners to resolve documentation issues

Maintain organized and audit-ready files

Adhere to internal controls, compliance standards, and service-level agreements (SLAs)

Assist with audits, reviews, and reporting related to floorplan collateral

Perform additional duties as assigned

Qualification

Floorplan lendingSecured lendingCommercial finance operationsUCC filing knowledgePMSI notice requirementsLoan documentation systemsSupervisory experienceAttention to detailOrganizational skillsProblem-solving skillsCommunication skills

Required

3 years' experience with floorplan lending, secured lending, or commercial finance operations

1 year progressive supervisory experience

Strong attention to detail and organizational skills

Ability to manage multiple tasks and meet deadlines

Proficiency with loan documentation systems and Microsoft Office (Excel, Word, Outlook)

Ability to work independently and with others as team leader

Problem-solving and issue resolution skills

Curiosity about perceived anomalies and the courage to always speak up

Strong written and verbal communication skills

Preferred

Experience in floorplan lending, secured lending, or commercial finance operations is preferred

Some knowledge of UCC filing and PMSI notice requirements

Benefits

Multiple medical plans including a high deductible, low cost health plan

Company-sponsored (paid) Short-Term Disability, Long-Term Disability, and Life Insurance

Comprehensive optional benefits such as Dental, Vision, Supplemental Life/AD&D, Legal/ID Protection, and Accident and Critical Illness Insurance

Generous paid time off options, including uncapped vacation days, the greater of 3 paid sick days or in accordance with the applicable state or local paid sick leave law, 6 paid company holidays, 2 floating holidays, parental leave, bereavement leave, jury duty leave, voting leave, and other forms of paid leave as required by applicable law or regulation

Employee Stock Purchase Program with additional opportunities to earn stock in the Company

Retirement planning through the Company’s 401(k)