Collateral Recovery Jobs in Dallas, TX (NOW HIRING)

Octane is unlocking the power of financial products for merchants and consumers. Our cutting-edge technology and innovative financial products empower businesses with more control and flexibility, enabling them to deliver seamless digital experiences, drive customer loyalty, and build long-term value.

Octane supports merchants throughout the sales cycle: connecting dealerships with high-intent buyers, driving transparent, fast, and easy closings with award-winning technology, and providing on-going customer care with superior loan servicing.

Founded in 2014, Octane supports over 60 OEM partner brands and over 4,000 dealer partners, and has a team of over 600. Visit www.octane.co.

Octane is seeking a Remarketing Manager to lead, coach, and inspire our remarketing team while overseeing daily auction operations. You’ll be the driving force behind optimizing our collateral liquidation process, managing vendor relationships, and reducing inventory aging. If you bring 3+ years of leadership experience in remarketing, asset recovery or auto finance, we’d love for you to help us power seamless experiences for our partners.

Responsibilities:

• Lead, coach, and develop Remarketing Specialists through ongoing training, performance management, and one-on-one mentoring.
• Monitor team and individual performance metrics, providing coaching, development, and corrective action as needed to foster accountability and achieve departmental objectives.
• Maintain expert knowledge of Remarketing practices, auction operations, repossession regulations, and industry trends while actively supporting day-to-day operations and providing hands-on support to the team.
• Conduct regular team meetings focused on training, process updates, performance results, and operational excellence.
• Oversee and actively support daily auction Remarketing team operations to ensure timely processing and liquidation of repossessed and surrendered collateral.
• Assist in managing the Dealer Direct team's liquidation process by proactively resolving title, lien perfection, and other inventory-related issues to ensure the timely liquidation of repossessed assets.
• Manage aged, repossessed inventory by monitoring aging trends, identifying liquidation barriers, and driving timely resolution of issues to reduce inventory aging and maximize recovery values.
• Manage complex or escalated dealer, vendor, and auction issues, ensuring prompt and effective resolution.
• Exercise sound judgment and decision-making authority within established approval limits.
• Develop and maintain productive relationships with auction partners, repossession forwarders, dealerships, and third-party vendors.
• Implement and maintain policies, procedures, and controls designed to mitigate risk and support regulatory compliance.
• Collaborate with internal stakeholders and leadership to support strategic initiatives and business objectives.
• Identify opportunities to improve operational efficiency, service levels, and recovery performance.
• Develop, document, maintain, and periodically review department procedures and process documentation.
• Partner with leadership to identify and implement training opportunities that enhance employee performance and service quality for internal and external stakeholders.
• Perform other duties and responsibilities as assigned to support business needs.

Requirements:

• 5+ years of leadership experience leading a Remarketing team
• Bachelor’s degree or equivalent work experience in lieu of a degree.
• Extensive knowledge of remarketing, repossession, collateral liquidation, auction operations, and applicable regulatory requirements.
• Strong proficiency in Microsoft Office Suite and web-based business applications.

Preferred Skills:

• Experience managing third-party vendors, auction partners, and repossession forwarders.
• Experience within auto finance, lending, or asset recovery environments.

Benefits:

• Robust Health Care Plans (Medical, Dental & Vision)
• Generous Parental Leave
• Flexible Time Off (FTO) Policy - Time Off When You Need It
• Retirement Plan (401k) with company match!
• Educational Assistance/Tuition Reimbursement up to $3K/year
• Life Insurance (Basic, Voluntary & AD&D)
• Short Term / Long Term Disability
• Robust Ancillary benefits including accident insurance, hospital insurance, etc
• Wellhub (Gympass) Wellness Benefit
• Recreational Safety Benefit

Disclaimer: The above statements are intended to describe the general nature and level of work being performed by associates assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.

Octane Lending is an equal opportunity employer committed to providing equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other protected status with respect to recruitment, hiring, promotion and other terms and conditions of employment.