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Administrator, Recovery and Remarketing

Fairstone Bank27 days ago
Toronto, Ontario
Mid Level
full_time

About the role

Who We Are Eden Park Inc. (“EdenPark”) is a dynamic automobile finance brand committed to enabling our dealer partners to sell more cars. Since 2012, EdenPark has serviced a wide network of automobile dealers and tens of thousands of consumers from coast to coast. EdenPark is a wholly owned subsidiary of Fairstone Financial Inc., which is a subsidiary of Fairstone Bank of Canada (“Fairstone Bank”). Learn more at EdenParkCanada.com.

Job Summary : We are in search of a highly motivated Recovery and Remarketing Administrator to join our Field Operations Team. As a Recovery and Remarketing Administrator, you will assume a vital role in our organization, responsible for preparing and issuing bailiff packages, maintaining communication with our network of bailiffs to keep files updated, engaging with customers, maintaining up-to-date spreadsheets, and supporting the Remarketing Team in pricing vehicles. This role is pivotal in ensuring the smooth flow of operations and delivering exceptional support to our valued clients. It calls for a combination of technical proficiency, problem-solving skills, and strong communication capabilities.

Responsibilities

  • Issuing Files to Bailiffs:

  • Prepare comprehensive warrant packages for issuance to bailiffs for vehicle seizures.

  • Maintain an up-to-date Bailiff Master Spreadsheet, ensuring the accuracy of contact information for each bailiff.

  • Communicating with Bailiffs & Auctions:

  • Conduct regular follow-ups with bailiffs to obtain progress updates on issued files.

  • Troubleshoot and resolve any issues encountered by bailiffs in the execution of their assigned files.

  • Follow up with auctions once vehicles have been delivered

  • Closing Repossession Files:

  • Ensure proper closure of files in the system once a vehicle is repossessed, and promptly forward the file to the accounting department.

  • Prepare and issue Notice of Intent (NOI) to customers.

  • Maintaining Updated Spreadsheets:

  • Keep all spreadsheets organized and current with the most recent data.

  • Develop solutions and alternatives for handling spreadsheets in various formats and tracking needs.

  • Communicating with Customers:

  • Initiate follow-up calls with customers seeking to redeem their vehicles.

  • Educate customers on the process for retrieving their belongings from the vehicle.

  • Condition Reports:

  • Accurately enter condition report data on the auction tracker, including Black Book Value information.

Qualifications

  • Proficiency in spreadsheet management and data entry.
  • Strong communication and problem-solving skills.
  • Ability to manage and maintain organized records.
  • Excellent attention to detail.
  • Prior experience in a related field is a plus.

Extra Awesomes To Have

  • Automotive Knowledge
  • Basic understanding of Auctions, bailiffs, and repossession

Working conditions

  • You have flexible availability to work. Working hours can range anywhere between 9 a.m. to 7 p.m. EST Monday to Friday with occasional Saturdays depending on department requirements.
  • Hybrid work model (3 days in office, 2 days from home)

This role is now vacant #CORPON

WE ARE PROUD TO BE RECOGNIZED AS Great Place to Work® Canada for 2025 and

Montreal's Top Employers 2025 by Canada’s Top 100 Employers!

Learn more: https://www.fairstone.ca/en/about/canadian-lender

Follow us on LinkedIn: https://www.linkedin.com/company/fairstone/mycompany/

If you have a preferred language for communication, please kindly inform us whether you prefer French or English on your application.

Fairstone is an equal opportunity employer. Accordingly, we will make reasonable accommodations to respond to the needs of people with disabilities. Individuals who view themselves as Aboriginals, members of visible minorities, and disabled are encouraged to apply in confidence. Time Type Full time

Job Type Permanent

About Fairstone Bank

Financial Services
1001-5000

At Fairstone Bank, we do things differently. We’re committed to strengthening how businesses connect with their customers, offering value-driven financial products and services that drive business success and deliver the right customer experience. We do this by building adaptable, innovative financial services, so clients can take full advantage of every opportunity that comes their way.

Fairstone Bank and its subsidiary, Fairstone Financial Inc. (“Fairstone”), form a leading consumer lending group, offering a complement of financial services designed to enhance customer loyalty and deliver confident borrowing experiences. From credit card issuance and program management to point-of-sale financing programs, automobile financing, broker deposits and direct-to-consumer lending, Fairstone Bank and Fairstone provide financial solutions that enable consumers and businesses to achieve their goals.

With a long-established Canadian history, the company is committed to improving the lives of Canadians with value-driven and accessible financial solutions. Fairstone Bank and Fairstone are powered by a diverse workforce located in three corporate offices and in over 240 Fairstone branches coast to coast.

In 2022, Fairstone was proud to receive the Parity Certification by Women in Governance for the third year in a row, and to be nominated for the second year in a row as a Montreal Top Employer. As an organization, Fairstone Bank of Canada is committed to supporting and empowering a workplace focused on diversity, equity and inclusion.

If you’re looking to join a corporate culture built on strong values, with managers who appreciate your contributions and inspire you to do your best every day, join our team!

For employment opportunities: https://fairstone.wd3.myworkdayjobs.com/FairstoneCareers