Collateral Defense Transition Specialist

• Complete incoming buyouts - communicate with the incumbent factor, sales team, and operations team throughout the process to obtain all necessary documentation.

• Obtain subordination agreements from other lenders (banks, equipment lenders, merchant cash advance lenders, etc.).

• Obtain UCC terminations and release letters from other factors/lenders as necessary.

• Review new client account setups for accuracy in Delta system.

• File Uniform Commercial Code (UCC) statements with the Secretary of State offices (initial financing statements, termination statements, assignments, and amendments).

• Review approval conditions and ensure that all have been met prior to funding.

• Communicate with sales and operations teams regarding pending items needed for funding.

• Maintain notes and records in Salesforce and Delta systems.

• Perform other tasks as assigned by management.

• Bachelor’s degree is preferred. Will consider equivalent work experience in lieu of degree.

• 1-3 years of experience in underwriting or risk analysis a plus.

• Experience in transportation factoring is preferred.

• Experience with Uniform Commercial Code (UCC), 3 years + experience.

• Experience in financial services a plus.

• Demonstrate initiative and be able to work independently and as part of the team.

• Strong work ethic and organizational skills.

• Must be proficient in Microsoft Word and Excel.

• Ability to handle multiple tasks while maintaining attention to detail.

• Strong professional communication skills.

Work Environment

The work environment characteristics described here may be encountered while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Moderate noise (i.e. business office with computers, phone, and printers, light traffic).

• Ability to work in a confined area.

• Ability to sit at a computer terminal for an extended period of time. Occasional stooping or kneeling may be necessary.

• While performing the duties of this job, the employee is regularly required to stand, sit, talk, hear and use hands and fingers to operate a computer keyboard and telephone.

• Specific vision abilities are required by this job due to computer work.

• Light to moderate lifting is required.

• Regular, predictable attendance is required.

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