Uniform Commercial Code Specialist
OPENLANE
Who We Are:
At AFC (Automotive Finance Corporation) we fuel the entrepreneurial dream in our community. For more than 35 years, we’ve been committed to making dreams come true for independent car dealers. AFC’s finance solutions work with more than 12,000 independent dealerships across North America freeing up cash flow to give them more time to focus on building their business. Our solutions amplify purchasing power so dealers can stock their dealership lot with vehicles their customers seek. Learn more about AFC, here: https://www.autofinance.com/
AFC is proud to be a subsidiary of OPENLANE. AFC's core business complements the other business units within the OPENLANE group of companies. For more information, visit https://corporate.openlane.com/.
AFC’s Core Values:
Elevating Relationships. We connect deeply with our customers - celebrating their wins and supporting their struggles as if they were our own.
Powered by Passion. We believe that “passion is our superpower” and that every success is built upon the commitment and perseverance of our employees.
Vision-driven. We look ahead to the bigger picture so our customers can be prepared; after all, their success is our destination.
Dedicated to You. We demonstrate value and appreciation by recognizing and validating each other’s efforts. We stand committed to the success of our customers.
What We Offer:
Competitive pay
Medical, dental, and vision benefits with employer HSA contributions (US) and FSA options (US)
Immediately vested 401K (US) or RRSP (Canada) with company match
Paid Vacation, Personal, and Sick Time
Paid maternity and paternity leave (US)
Employer-paid short-term disability, long-term disability, life insurance, and AD&D (US)
Robust Employee Assistance Program
Employer paid Leap into Service Day to volunteer
Tuition Reimbursement for eligible programs
Opportunities to expand your skill set and share your knowledge across a publicly traded, global organization
Company culture of internal promotions, diverse career paths, and meaningful advancement
We’re Looking For:
We are seeking a Uniform Commercial Code Specialist to perfect AFC's security interest by filing appropriate liens and notifications in the United States and Canada. In this role, you will be responsible for accurate preparation and notification of the purchase money security interest as well as maintaining Uniform Commercial Code and Personal Property Security Act Liens. The ideal candidate will have 2-3 years of experience in the financial services industry or a mortgage/loan environment.
You Are:
Detail-oriented. You will ensure the accuracy and compliance of necessary documents using meticulous attention to detail.
Adaptable. You can adjust to changing circumstances, customer issues, and dynamic environments.
Organized. You will maintain a systematic approach to tasks, prioritize them effectively, and keep records to ensure efficiency and productivity.
You Will:
Develop a thorough understanding of AFC policies, processes and procedures related to securitization.
Understand the laws and codes applicable to filing UCC financing statements or PPSA liens and PMSI notifications.
Electronically or manually file UCC and PPSA for all new dealer applications.
Verify state or province financing statements have been received and validated.
Process purchase money security interest letter within ten (10) days of the UCC/PPSA validated lien date.
Update current UCC/PPSA and PMSI information in the computer system.
Contact state agencies and take other actions necessary to collect or verify information required to process lien.
File UCC and PPSA continuations for the United States and Canada within six (6) months of expiry date.
File updated UCC or PPSA amendments for any name, entity, or address change along with new PMSI notification.
File updated UCC or PPSA amendments for Tennessee and Quebec to list maximum principal indebtedness.
Process Account Reviews to ensure UCC or PPSA is still active and accurate, and that the PMSI letter has been sent to the appropriate secured party.
Process accurate state and province lien filing searches for Semi-Annual Reviews, financing statement amendments and entity verifications.
Research and identify purchase money security interest letters received from competitors.
Use spreadsheet and other automated or manual processes to compile required documentation and reports.
Utilize UCC/PPSA, PMSI, Post UCC tracking reports to ensure the completion of all liens and notifications.
Provide prompt, accurate, and courteous service to both internal and external customers.
Must Have’s:
2-3 years of experience in the financial services industry or mortgage closing and/or with the Uniform Commercial Code (UCC) or experience in securitization.
Familiarity with concepts, procedures and processes typically used in automotive and financial services industries.
Good organizational skills and detail oriented.
Ability to interact professionally with internal and external customers.
Ability and flexibility to perform varied tasks with professional judgment, accuracy, and timeliness.
Nice to Have’s:
Working knowledge of Google Workspace preferred.
Some post high school course work in related fields is preferred.
Sound like a match? Apply Now - We can't wait to hear from you!