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Senior Collateral Specialist

Cox Automotive | Wilmington OH 45177 USA | Part Time | Posted: 07/20/2021

Job Descriptiontop

Primary Location: 3268 Progress Way, Wilmington, OH, USA

Division: Cox Automotive

Job Level: Individual Contributor

Travel: No

Schedule: Full-time

Shift: Evening Job

Requisition Number: 214308

Earn $20.50/hr plus a $2,500 Sign-On Bonus after completion of 90 days with Dealertrack for offers of employment through 8/31.

The schedule for this position is 2:30PM-11:00PM.

Under limited supervision, the primary functions of the Senior Collateral Specialist could include the following:

The Sr Collateral Specialist roles will cover several areas of the operations business to include, Document Management, Release Services, as well as Title Services Groups. This role will be expected to complete all responsibilities listed within their operational area, as well as the job functions of a Collateral Specialist I & II. Team members will be responsible for acting as a collateral/title specialist on behalf of our business partners, as well as being a subject matter expert and trainer.

Primary Duties/Key Responsibilities

  • Reply to email messages, faxes, and service tickets.
  • Engage customers and determine how to assist them.
  • Use company proprietary software for research, data entry, and account follow-up activity.
  • Process applications for duplicate vehicle titles, payments, or changes to vehicle titles.
  • Follow instructions and maintain workflow standards.
  • Attain production and quality goals.
  • Adhere to all company policies and procedures.
  • Process incoming title requests for maintenance on existing lender accounts
  • Operate mail equipment
  • Identify collateral documents
  • Execute escalated or expedited transactions
  • Proactive communication to support standardization and identify process gaps or required updates
  • Sharing observations regarding client updates to promote efficiencies
  • Complete State Forms
  • Verify collateral packets are complete for transfer of ownership based on state and client requirements
  • Process title for transfer of collateral on behalf of clients
  • Follow instructions and maintain workflow standards
  • Attain production and quality goals
  • Continual improvement through evaluation of processes and procedures
  • Be subject matter expert for all areas of the team/department
  • Research state requirements and process rejected transactions
  • Resolve escalated issues
  • Respond to customer inquires regarding services, processes, report and complaints
  • Train other team members
  • Perform other duties as necessary
  • Ability to work a flexible schedule as needed, including occasional mandatory overtime


Required Experience & Specialized Knowledge and skills

  • HSD, GED, or equivalent work experience;
  • Generally 5 years of related experience, or equivalent;
  • Excellent verbal and written communication skills;
  • Knowledge of how to operate a PC, telephone, fax, scanner, and photocopier;
  • Intermediate knowledge of PC software applications (i.e., MS Office, Excel, and Outlook)
  • Data entry skills, ability to type 35 WPM or greater with 99.6% accuracy;
  • PREFERRED: Ten-key skills for payment transactions team; knowledge of client requirements for DMV and related documents; knowledge of various state DMV forms and their use by the company; knowledge of company proprietary software; knowledge of state abbreviations.

Who We Are

About Cox Automotive

Theres nothing ordinary about Cox Automotive. We are people of every background driven by our passion for mobility, innovation, client success and community outreach. We make buying, selling and owning (or simply using) cars easier for everyone. Touching more than 40,000 clients across five continents, we bring together the best brands and the best teams to propel the automotive industry forward. Some of those team members work for our iconic consumer brands like Autotrader and Kelley Blue Book, while others are creating the future of automotive at industry-facing brands like, Manheim and vAuto.

About Cox

We are the Cox family of businesses. Weve been making our mark since 1898 by building and evolving world-class businesses, staying true to our values, and encouraging top talent to always look for growth and impact while building a career with us. Our primary divisions - Cox Communications and Cox Automotive - are driving a new wave of innovation, powering smart cities with powerhouse broadband communications and pioneering greener, more progressive transportation alternatives for individuals and fleet operators. Were also expanding into new spaces like cleantech and healthcare to rev up our momentum toward building a better future for the next generation. Were looking for the talent today who will be our leaders tomorrow. Sound intriguing? Learn more about where we are today, where we hope youll be going with us, and the common purpose that unites us at

Benefits of working at Cox may include health care insurance (medical, dental, vision), retirement planning (401(k)), and paid days off (sick leave, parental leave, flexible vacation/wellness days, and/or PTO). For more details on what benefits you may be offered, visit our benefits page.

Cox is an Equal Employment Opportunity employer - All qualified applicants/employees will receive consideration for employment without regard to that individuals age, race, color, religion or creed, national origin or ancestry, sex (including pregnancy), sexual orientation, gender, gender identity, physical or mental disability, veteran status, genetic information, ethnicity, citizenship, or any other characteristic protected by law. Cox provides reasonable accomodations when requested by a qualified applicant or employee with disability, unless such accomodation would cause an undue harship.

Statement to ALL Third-Party Agencies and Similar Organizations: Cox accepts resumes only from agencies with which we formally engage their services. Please do not forward resumes to our applicant tracking system, Cox employees, Cox hiring manager, or send to any Cox facility. Cox is not responsible for any fees or charges associated with unsolicited resumes.

Job Detailstop

Location Wilmington, OH, 45177, United States
Categories Business Management/Consulting

Location Maptop

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Job Code 214308

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