Recovery Agent

What You’ll Do

• Maintain a thorough understanding of state and federal laws related to commercial repossession, including bankruptcy implications.
• Analyze contracts transferred to Recovery for collectability and feasibility of remedies.
• Negotiate repayment terms within established approval authority guidelines.
• Collapse coordination nationwide repossession and remarketing of equipment or determine when abandonment is appropriate.
• Follow up on equipment recovery through bankruptcy proceedings.
• Decide when to transfer contracts to the internal Debt & Resolution department.
• Minimize costs while maximizing recovery receipts.
• Update problem loan statuses monthly.
• Perform other related duties as assigned by management.

Requirements For Success

• Adaptability: Thrives in changing environments and manages competing priorities effectively.
• Analytical Thinking: Synthesizes complex data and designs efficient workflows.
• Business Acumen: Understands the financial impact of decisions and aligns work with strategic goals.
• Interpersonal Skills: Maintains confidentiality, resolves conflicts constructively, and fosters collaboration.
• Judgment & Decision-Making: Makes timely, sound decisions with appropriate stakeholder involvement.
• Planning & Organization: Prioritizes tasks and uses time efficiently.
• Problem-Solving: Identifies issues, develops solutions, and works well in team settings.
• Professionalism & Quality: Maintains composure under pressure, ensures accuracy, and strives for continuous improvement.

Conditions of Employment: Must be able to pass a background & credit check. This is a full-time onsite position. FLSA Status: Exempt.