American Credit Acceptance

Sr. Process Improvement Engineer

American Credit Acceptance$75K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in relevant field, GPA of 3.5 or higher preferred
  • 2+ years process improvement experience in manufacturing or 1+ years in a related non-manufacturing field
  • Professional experience in Process Mapping and Documentation
  • Preferred experience in Auto-Finance or Financial Services
  • Strong ability to map existing processes and identify improvement opportunities
  • Proficient in creating detailed process documentation including flow charts and procedural documents
  • Excellent interpersonal and communication skills, both written and verbal

Responsibilities

  • Ensure completeness of current state servicing process documentation
  • Consolidate process documents from diverse functional areas
  • Capture pain points related to current state efficiencies and errors
  • Participate in brainstorming sessions for process improvements
  • Evaluate benchmark processes for applicability to ACA
  • Make future state process recommendations across business functions
  • Document future state processes for servicing-related operations

Benefits

  • Full-time position with Monday-Friday work schedule
  • Up to 10% travel required
  • Collaborative work environment with cross-functional engagement
  • Opportunity to influence and improve business efficiency
  • Role focused on process improvement within a supportive team structure
Full Job Description
Description

Summary/Objective

The Process Improvement Engineer is responsible to document and map current state business processes at ACA and help document the future state processes that improve efficiencies, reduce waste in the system and improve utilization of our agents. The Process Improvement Engineer will work with all functional groups across ACA, ensuring process documentation is built with consistent templates and methodology across ACA and proper documentation controls are put into place. This role will include industrial and process engineering duties to evaluate systems, procedures, and best practices.

Essential Functions
  • Ensure existing current state documentation for all servicing related processes is complete.
  • Consolidate all process related documents from various functions including Training, Ops, Compliance etc.
  • Capture pain points related to efficiencies and errors etc. with current state processes.
  • Participate in brainstorming sessions around process improvement on current state processes.
  • Evaluate provided benchmark processes or other documentation for fit within ACA
  • Make recommendations towards future state processes engaging with various business functions to verify new process will solve current state pain points
  • Document future state processes for all servicing related processes.
  • Create workflows and worklists in SPECTRUM
  • Support Servicing Strategy group on project execution (e.g. reports)
  • Capture any business requirements for items (e.g. interfaces, letter templates)

Qualifications
  • Bachelor's Degree - (Industrial Engineering, Process Engineering, Systems Engineering, Business, Math, Economics, Finance, Statistics, Information Technology), GPA of 3.5 or higher preferred
  • 2+ years process improvement experience in manufacturing or 1+ years process improvement experience in a non-manufacturing (digital) industry - finance, insurance, health, etc. or Masters (MBA, Industrial Engineering, Information Management)
  • Professional experience in Process Mapping and Documentation.
  • Experience in Auto-Finance preferred, or Financial Services is desirable
  • Ability to map existing processes and identify opportunities for improvement
  • Ability to document in detail and accurately business processes
  • Experience with creating documentation related to processes, including flow charts, swim lane diagrams, procedural and policy documents.
  • Demonstrated excellence in working effectively as an individual and as part of a team
  • Ability to multi-task and work in a deadline driven environment
  • Excellent interpersonal, written, and verbal communication skills

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 with a work schedule of Monday-Friday with some schedule variations as needed.

Travel

This position will require up to 10% travel.

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.

About American Credit Acceptance

American Credit Acceptance (ACA) is a subprime auto finance company that provides financing solutions for independent and franchise dealerships across the United States. The company was founded in 2007 and is headquartered in Spartanburg, South Carolina. ACA offers a range of financing options for customers with less-than-perfect credit, including installment loans and lease-to-own programs. The company has over 1,000 employees and has funded over $5 billion in loans since its inception.
Learn more about American Credit Acceptance
Size
2,073 employees
Market Cap
$5.5 billion
Industry
Net Income
$421 million
5 Year Trend
+13.9%
Revenue
$1.6 billion
NASDAQ

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