Loan Acquisition Specialist

Job Title

Associate for Auto Loan Portfolio Acquisitions

Job Description

American Credit Acceptance will not provide sponsorship for employment-based visas or immigration benefits for this position. Applicants must be legally authorized to work in the United States without requiring immigration sponsorship now or in the future.

We are hiring an associate to support auto loan portfolio acquisitions from early deal intake through pricing and data preparation, through closing when loans must be reconciled to the portfolio, funding, and underwriting expectations. You will partner closely with sales, funding, and underwriting to intake the data, offer a bid and clear discrepancies within the portfolio.

Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

Essential Functions

Deal intake and pricing support

• Receive deal packages from sales; organize, cleanse, and transform loan-level and collateral data so it conforms to internal model and reporting requirements.
• Run and maintain pricing workflows using internal tools and models; document assumptions, data gaps, and overrides where applicable.
• Apply sound business judgment within constraints set by sales, management, and dealer counterparties (e.g., timing, eligibility, completeness, and deal economics).
• Deliver a valuation recommendation or range to sales with both quantitative support (drivers, sensitivities, key metrics) and qualitative evaluation.

Data quality and reporting

• Perform data quality checks in the CRM and in standard reports; flag inconsistencies, root causes, and remediation paths.
• Maintain clear audit trails: versioned inputs, known issues, and resolution status to reduce downstream impact.

Pre-close portfolio alignment

• Use internal systems to validate the current state of loans relative to what was priced and what is expected in the portfolio.
• Partner with funding and underwriting to resolve discrepancies, exceptions, and open questions; escalate material risks with clear impact on the deal.

Collaboration and communication

• Translate findings into plain-language explanations for sales and external parties where appropriate.
• Manage multiple workstreams under deadlines typical of bulk acquisitions; prioritize based on materiality and closing risk.

Qualifications

Required

• Strong proficiency in Microsoft Excel (large datasets, logical checks, reconciliation-style work, XLOOKUP, pivot tables).
• Comfort working with structured data
• Attention to detail; ability to spot anomalies and explain them.
• Clear written and verbal communication; able to defend a view with evidence and acknowledge limitations.
• Ability to work cross-functionally in a fast-moving, deadline-driven environment.
• Ability to learn quickly

Preferred

• Curiosity about the auto finance ecosystem: collateral characteristics, credit performance, and how those flow through to portfolio value and company returns.
• Familiarity with concepts such as yield, return, credit risk, and loss behavior (formal finance background not required)
• SQL experience is a plus but not required.
• Power BI (or similar) is a plus but not required.

Supervisory Responsibility

This position has no supervisory responsibilities.

Work Environment and Physical Demands

This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.

Position Type/Expected Hours of Work

This is a full-time position. Days of work are Monday through Friday. The daily schedule may vary from 8 am to 5 pm or 9 am to 6 pm. Hours may vary or exceed 40 in any given week depending on the needs of the business.

Travel

No travel is expected for this position.

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice. EEO Statement ACA provides equal employment opportunities (EEO) to all applicants for employment without regard to race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws. ACA complies with applicable state and local laws governing non-discrimination in employment in every location in which the company has facilities. California Privacy Notice As an employer of California residents, we are dedicated to protecting your privacy rights. Any personal information you provide during the application process will be used solely for permitted internal purposes and will be handled in accordance with applicable privacy laws. By applying to this position, you consent to the collection, use, and disclosure of your personal information as described in our Employee Privacy Notice.