Debt & Asset Recovery Specialist

About the role

The Debt and Asset Recovery Specialist is responsible for mitigating loss and maximizing recoveries through proactive management of assigned problem accounts. This includes conducting extensive skip-tracing, working with outside partners, managing repossession requests, and preparing account status reports.

Responsibilities

• Strive to mitigate loss and maximize recoveries through proactive management of assigned problem account queue, performing all collection and recovery activities timely and accurately
• Conduct extensive skip-tracing and work in conjunction with outside partners (repo and collections) in efforts to locate obligors, secure payment, and collateral
• Assume responsibility for all out for repossession accounts until collected current or default cured
• Prepare and present account status reports to management upon request
• Absorb accounts to our repo companies based on the best probability of recovery and reassign as necessary
• Cook routine audits of repossession efforts; routinely seek updates from partners
• Address third-party repair liens or competing interests
• Ensure compliance with laws and internal policies
• Handle any miscellaneous duties as assigned

Qualifications

• Solid working knowledge of MS Excel and MS Word preferred
• Bilingual in English & Spanish a plus

Education and Experience

• 3 years collections experience (commercial preferred)
• 1-2 years of credit experience preferred but not required
• College Degree preferred but not required

Benefits

• Medical, Dental, and vision plans
• 401(k) and matching
• Paid Time Off
• Company Paid Life Insurance
• Employee Assistance Program
• Training and Development Opportunities
• Employee Discounts

Pay

$57,200.00 - $63,400.00 with an opportunity to earn a discretionary annual bonus

Schedule

Hours may vary and may require some evening work; frequently requires working 40-45 hours/week depending on business needs. Travel Occasional travel related to attendance at industry seminars